No Insolvent Obligors. As of the Initial Cutoff Date, no Obligor on an Initial Receivable, and as of each Subsequent Cutoff Date, no Obligor on a Subsequent Receivable being transferred on the related Subsequent Transfer Date, shall be shown on the related Receivable Files as the subject of a bankruptcy proceeding commenced following the execution of the related Contract.
Appears in 5 contracts
Samples: Sale and Servicing (TMS Auto Holdings Inc), Sale and Servicing (TMS Auto Holdings Inc), Sale and Servicing (TMS Auto Holdings Inc)