Common use of No Fraudulent Use Clause in Contracts

No Fraudulent Use. As of the Closing Date, no Receivable has been identified by the Issuer or reported to the Issuer by the related Originating Institution as having resulted from fraud perpetrated by any Person with respect to the related account.

Appears in 5 contracts

Samples: Indenture and Servicing Agreement (MCM Capital Group Inc), Indenture and Servicing Agreement (MCM Capital Group Inc), Indenture and Servicing Agreement (Creditrust Corp)

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No Fraudulent Use. As of the Closing Date, no Receivable has been ----------------- identified by the Issuer or reported to the Issuer by the related Originating Institution as having resulted from fraud perpetrated by any Person with respect to the related account.

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Creditrust Corp)

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