Common use of Obligor Bankruptcy Clause in Contracts

Obligor Bankruptcy. At the Initial Cutoff Date or each Subsequent Cutoff Date, as applicable, no Obligor had been identified on the records of AFL as being the subject of a current bankruptcy proceeding.

Appears in 14 contracts

Samples: Receivables Purchase Agreement (Arcadia Receivables Finance Corp), Sale and Servicing Agreement (Arcadia Receivables Finance Corp), Sale and Servicing Agreement (Arcadia Receivables Finance Corp)

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Obligor Bankruptcy. At the Initial Cutoff Date or each Subsequent Cutoff Date, as applicable, no Obligor had been identified on the records of AFL OFL as being the subject of a current bankruptcy proceeding.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Olympic Receivables Finance Corp), Sale and Servicing Agreement (Olympic Receivables Finance Corp)

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Obligor Bankruptcy. At the Initial Cutoff Date or each Subsequent Cutoff applicable Cut-Off Date, as applicable, no Obligor had been identified on the records of AFL as being the subject of a current bankruptcy proceeding.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Arcadia Financial LTD)

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