Common use of Separate Existence of the Issuer Clause in Contracts

Separate Existence of the Issuer. During the term of the Indenture, the Issuer shall observe and comply with the applicable legal requirements for the recognition of the Issuer as a legal entity separate and apart from its Affiliates, including without limitation, those requirements set forth in Section 9(b) of the LLC Agreement.

Appears in 2 contracts

Samples: Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc)

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Separate Existence of the Issuer. During the term of the Indenture, the Issuer shall observe and comply with the applicable legal requirements for the recognition of the Issuer as a legal entity separate and apart from its Affiliates, including without limitation, those requirements set forth in Section 9(b) of the LLC Issuer's Limited Liability Company Agreement.

Appears in 1 contract

Samples: Indenture (Consumer Portfolio Services Inc)

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Separate Existence of the Issuer. During the term of the Indenture, the Issuer shall observe and comply with the applicable legal requirements for the recognition of the Issuer as a legal entity separate and apart from its Affiliates, including including, without limitation, those requirements set forth in Section 9(b) of the LLC Issuer's Limited Liability Company Agreement.

Appears in 1 contract

Samples: Indenture (Consumer Portfolio Services Inc)

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