Common use of No Proceedings Clause in Contracts

No Proceedings. There are no proceedings or investigations pending, or to the Servicer’s best knowledge, threatened, before any court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Servicer or its properties: (i) asserting the invalidity of this Agreement or any other Basic Document, (ii) seeking to prevent the issuance of the Securities or the consummation of any of the transactions contemplated by the Basic Documents, (iii) seeking any determination or ruling that might materially and adversely affect the performance by the Servicer of its obligations under, or the validity or enforceability of, the Basic Documents or the Securities or (iv) relating to the Servicer and which might adversely affect the federal income tax attributes of the Securities.

No Proceedings. There are no proceedings or investigations pending, or to the ServicerSeller’s best knowledge, threatened, before any court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Servicer Seller or its properties: (i) asserting the invalidity of this Agreement or any other Basic Document, (ii) seeking to prevent the issuance of the Securities or the consummation of any of the transactions contemplated by the Basic Documents, (iii) seeking any determination or ruling that might materially and adversely affect the performance by the Servicer Seller of its obligations under, or the validity or enforceability of, the Basic Documents or the Securities or (iv) relating to the Servicer Seller and which might adversely affect the federal income tax attributes of the Securities.

No Proceedings. There are no proceedings or investigations pending, or to the Servicer’s best knowledge, threatened, before any court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Servicer or its properties: (i) asserting the invalidity of this Agreement or any other Basic Document, (ii) seeking to prevent the issuance of the Securities or the consummation of any of the transactions contemplated by the Basic Documents, (iii) seeking any determination or ruling that might materially and adversely affect the performance by the Servicer of its obligations under, or the validity or enforceability of, the Basic Documents or the Securities or (iv) relating to the Servicer and which might adversely affect the U.S. federal income tax attributes of the Securities.

No Proceedings. There are no proceedings or investigations pendingpending or, or to the ServicerSeller’s best knowledge, threatened, before any court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Servicer Seller or its properties: (i) asserting the invalidity of this Agreement or any other Basic Document, (ii) seeking to prevent the issuance of the Securities or the consummation of any of the transactions contemplated by the Basic Documents, (iii) seeking any determination or ruling that might materially and adversely affect the performance by the Servicer Seller of its obligations under, or the validity or enforceability of, the Basic Documents or the Securities or (iv) relating to the Servicer Seller and which might adversely affect the U.S. federal income tax attributes of the Securities.

No Proceedings. There are no proceedings or investigations pendingpending or, or to the ServicerSeller’s best knowledge, threatened, before any court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Servicer Seller or its properties: (i) asserting the invalidity of this Agreement or any other Basic Document, (ii) seeking to prevent the issuance of the Securities or the consummation of any of the transactions contemplated by the Basic Documents, (iii) seeking any determination or ruling that might materially and adversely affect the performance by the Servicer Seller of its obligations under, or the validity or enforceability of, the Basic Documents or the Securities or (iv) relating to the Servicer Seller and which might adversely affect the federal income tax attributes of the Securities.

No Proceedings. There are no proceedings Proceedings or investigations pendingpending or, or to the knowledge of the Servicer’s best knowledge, threatened, against the Servicer before any court, regulatory body, administrative agency or other governmental instrumentality Governmental Authority having jurisdiction over the Servicer or its properties: (i) asserting the invalidity of this Agreement or any other Basic Document, (ii) seeking to prevent the issuance of the Securities or the consummation of any of the transactions contemplated by the Basic Documents, (iii) seeking any determination or ruling that might that, in the reasonable judgment of the Servicer, would materially and adversely affect the performance by the Servicer it of its obligations under, or the validity or enforceability of, the Basic Documents this Agreement or the Securities Receivables or (iv) relating seeking to the Servicer and which might adversely affect the United States federal income tax or other United States federal, State or local tax attributes of the Securities.

No Proceedings. There are no proceedings or investigations pending, or to the Servicer’s 's best knowledge, threatened, before any court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Servicer or its properties: (i) asserting the invalidity of this Agreement or any other Basic Document, (ii) seeking to prevent the issuance of the Securities or the consummation of any of the transactions contemplated by the Basic Documents, (iii) seeking any determination or ruling that might materially and adversely affect the performance by the Servicer of its obligations under, or the validity or enforceability of, the Basic Documents or the Securities or (iv) relating to the Servicer and which might adversely affect the federal income tax attributes of the Securities.

No Proceedings. There are no proceedings or investigations pending, or to the Servicer’s best Seller's knowledge, threatened, before any court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Servicer Seller or its properties: (i) asserting the invalidity of this Agreement or any other Basic Document, (ii) seeking to prevent the issuance of the Securities or the consummation of any of the transactions contemplated by the Basic Documents, (iii) seeking any determination or ruling that might materially and adversely affect the performance by the Servicer Seller of its obligations under, or the validity or enforceability of, the Basic Documents or the Securities or (iv) relating to the Servicer Seller and which might adversely affect the federal income tax attributes of the Securities.

No Proceedings. There are no proceedings Proceedings or investigations pendingpending or, or to the knowledge of the Servicer’s best knowledge, threatened, against the Servicer before any court, regulatory body, administrative agency or other governmental instrumentality Governmental Authority having jurisdiction over the Servicer or its properties: (i) asserting the invalidity of this Agreement or any other Basic Document, (ii) seeking to prevent the issuance of the Securities or the consummation of any of the transactions contemplated by the Basic Documents, (iii) seeking any determination or ruling that might that, in the reasonable judgment of the Servicer, would materially and adversely affect the performance by the Servicer it of its obligations under, or the validity or enforceability of, the Basic Documents this Agreement or the Securities Receivables or (iv) relating seeking to the Servicer and which might adversely affect the federal income tax or other federal, State or local tax attributes of the Securities.

No Proceedings. There are no proceedings or investigations pendingpending or, or to the Servicer’s 's best knowledge, threatenedthreatened against the Servicer, before any court, regulatory body, administrative agency or other tribunal or governmental instrumentality having jurisdiction over the Servicer or its properties: properties (iA) asserting the invalidity of this Agreement or any other of the Basic DocumentDocuments, (iiB) seeking to prevent the issuance of the Securities or the consummation of any of the transactions contemplated by any of the Basic Documents, or (iiiC) seeking any determination or ruling that might materially and adversely affect the performance by the Servicer of its obligations under, or the validity or enforceability of, any of the Basic Documents or the Securities or (ivD) relating seeking to the Servicer and which might adversely affect the federal income tax or other federal, state or local tax attributes of the Securities.;

No Proceedings. There are no proceedings or investigations pendingpending or, or to the Servicer’s Administrator's best knowledge, threatened, threatened against it before any court, regulatory body, administrative agency or other tribunal or governmental instrumentality having jurisdiction over the Servicer it or its properties: properties (i) asserting the invalidity of this Agreement or any other of the Basic DocumentDocuments, (ii) seeking to prevent the issuance of the Securities Certificates or the Notes or the consummation of any of the transactions contemplated by any of the Basic Documents, (iii) seeking any determination or ruling that might materially and adversely affect the its performance by the Servicer of its obligations under, or the validity or enforceability of, any of the Basic Documents or the Securities Documents, or (iv) relating seeking to the Servicer and which might adversely affect the federal income tax or other federal, state or local tax attributes of the SecuritiesCertificates.

No Proceedings. There are no proceedings or investigations pending, or or, to the Servicer’s best 's knowledge, threatened, before any court, regulatory body, administrative agency agency, or tribunal or other governmental instrumentality having jurisdiction over the Servicer or its properties: (ia) asserting the invalidity of this Agreement or any other Basic Documentthe Certificates, (iib) seeking to prevent the issuance of the Securities Certificates or the consummation of any of the transactions contemplated by the Basic Documentsthis Agreement, (iiic) seeking any determination or ruling that might materially and adversely affect the performance by the Servicer of its obligations under, or the validity or enforceability of, the Basic Documents this Agreement or the Securities Certificates, or (ivd) relating to the Servicer and which might that may adversely affect the federal income or state income, excise, franchise or similar tax attributes of the SecuritiesCertificates.

No Proceedings. There are no proceedings or investigations pendingpending or, or to the Servicer’s best knowledge, threatenedthreatened against the Servicer, before any court, regulatory body, administrative agency or other tribunal or governmental instrumentality having jurisdiction over the Servicer or its properties: properties (iA) asserting the invalidity of this Agreement or any other of the Basic DocumentDocuments, (iiB) seeking to prevent the issuance of the Securities or the consummation of any of the transactions contemplated by any of the Basic Documents, or (iiiC) seeking any determination or ruling that might materially and adversely affect the performance by the Servicer of its obligations under, or the validity or enforceability of, any of the Basic Documents or the Securities or (ivD) relating seeking to the Servicer and which might adversely affect the federal income tax or other federal, state or local tax attributes of the Securities.;

No Proceedings. There are no proceedings or investigations pendingpending or, or to the ServicerAdministrator’s best knowledge, threatened, threatened against it before any court, regulatory body, administrative agency or other tribunal or governmental instrumentality having jurisdiction over the Servicer it or its properties: properties (i) asserting the invalidity of this Agreement or any other of the Basic DocumentDocuments, (ii) seeking to prevent the issuance of the Securities Certificates or the Notes or the consummation of any of the transactions contemplated by any of the Basic Documents, (iii) seeking any determination or ruling that might materially and adversely affect the its performance by the Servicer of its obligations under, or the validity or enforceability of, any of the Basic Documents or the Securities Documents, or (iv) relating seeking to the Servicer and which might adversely affect the federal income tax or other federal, state or local tax attributes of the SecuritiesCertificates.

No Proceedings. There are no proceedings or investigations pending, or to the Servicer’s best Transferor's knowledge, threatened, before any court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Servicer Transferor or its properties: (i) asserting the invalidity of this Agreement or any other Basic Document, (ii) seeking to prevent the issuance of the Securities or the consummation of any of the transactions contemplated by the Basic Documents, (iii) seeking any determination or ruling that might materially and adversely affect the performance by the Servicer Transferor of its obligations under, or the validity or enforceability of, the Basic Documents or the Securities or (iv) relating to the Servicer Transferor and which might adversely affect the federal income tax attributes of the Securities.

No Proceedings. There are no proceedings Proceedings or investigations pending, or to the Servicer’s 's best knowledge, threatened, before any court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Servicer or its properties: (iA) asserting the invalidity of this Agreement or any other Basic Documentthe Securities, (iiB) seeking to prevent the issuance of the Securities or the consummation of any of the transactions contemplated by the Basic DocumentsAgreement, (iiiC) seeking any determination or ruling that might materially and adversely affect the performance by the Servicer of its obligations under, or the validity or enforceability of, the Basic Documents this Agreement or the Securities or (ivD) relating to the Servicer and which might adversely affect the federal income tax attributes of the Securities.

No Proceedings. There are no proceedings or investigations pendingpending or, or to the Servicer’s best 's knowledge, threatenedthreatened against the Servicer, before any court, regulatory body, administrative agency or other tribunal or governmental instrumentality having jurisdiction over the Servicer or its properties: properties (iA) asserting the invalidity of this Agreement or any other of the Basic DocumentDocuments, (iiB) seeking to prevent the issuance of the Securities or the consummation of any of the transactions contemplated by any of the Basic Documents, or (iiiC) seeking any determination or ruling that might materially and adversely affect the performance by the Servicer of its obligations under, or the validity or enforceability of, any of the Basic Documents or the Securities or (ivD) relating seeking to the Servicer and which might adversely affect the federal income tax or other federal, state or local tax attributes of the Securities.;

No Proceedings. There are no proceedings or investigations pending, or to the Servicer’s 's best knowledge, threatened, before any court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Servicer or its properties: (i) asserting the invalidity of this Agreement or any other Basic Document, (ii) seeking to prevent the issuance of the Securities or the consummation of any of the transactions contemplated by the Basic Documents, (iii) seeking any determination or ruling that might materially and adversely affect the performance by the Servicer of its obligations under, or the validity or 47 enforceability of, the Basic Documents or the Securities or (iv) relating to the Servicer and which might adversely affect the federal income tax attributes of the Securities.

No Proceedings. There are no proceedings or investigations pending, or to pending against the Servicer’s , or, to its best knowledge, threatenedthreatened against the Servicer, before any court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Servicer or its properties: (i) asserting the invalidity of this the Agreement or any other Basic Documentthe Certificates, (ii) seeking to prevent the issuance of the Securities Certificates or the consummation of any of the transactions contemplated by the Basic DocumentsAgreement, (iii) seeking any determination or ruling that might materially and adversely affect the performance by the Servicer of its obligations under, or the validity or enforceability of, the Basic Documents Agreement or the Securities Certificates, or (iv) relating to the Servicer and which might adversely affect the federal income tax or ERISA attributes of the SecuritiesCertificates.