Common use of Obligor Bankruptcy Clause in Contracts

Obligor Bankruptcy. At the Cutoff Date, no Obligor had been identified on the records of Exeter as being the subject of a current bankruptcy proceeding.

Appears in 47 contracts

Samples: Purchase Agreement (Exeter Automobile Receivables Trust 2024-5), Purchase Agreement (Exeter Automobile Receivables Trust 2024-5), Purchase Agreement (Exeter Automobile Receivables Trust 2024-4)

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Obligor Bankruptcy. At the Cutoff Date, Date no Obligor had been identified on the records of Exeter as being the subject of a current bankruptcy proceeding.

Appears in 40 contracts

Samples: Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-5), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-5), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-4)

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Obligor Bankruptcy. At the Cutoff Date, Date no Obligor had been identified on the records of Exeter as being the subject of a current bankruptcy proceeding, other than any Obligor who, at the time of origination, was an Obligor who is subject to a bankruptcy proceeding under Chapter 7 or Chapter 13 of the Bankruptcy Code.

Appears in 2 contracts

Samples: Purchase Agreement (Efcar, LLC), Sale Agreement (Efcar, LLC)

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