No Bankrupt Obligors Sample Clauses
No Bankrupt Obligors. As of the Cutoff Date, no Receivable was due from an Obligor that was the subject of a proceeding under the Bankruptcy Code of the United States or was bankrupt.
No Bankrupt Obligors. According to the records of the Seller, as of the Cutoff Date, no Obligor is the subject of a bankruptcy proceeding.
No Bankrupt Obligors. None of the Receivables shall be due, to the best knowledge of the Seller, from any Obligor who is presently the subject of a bankruptcy proceeding or is bankrupt or is insolvent.
No Bankrupt Obligors. To the best of the Seller's knowledge, no Obligor was, as of the Cutoff Date, the subject of a Proceeding under title 11 of the United States Code or any other bankruptcy or insolvency law.
No Bankrupt Obligors. As of the Cutoff Date, no Receivable was due from an Obligor that was the subject of a proceeding under the Bankruptcy Code of the United States or was bankrupt. 1: Confirm the receivable file does not contain evidence that the Receivable was the subject of any bankruptcy proceeding or insolvency proceeding as of the Cutoff Date RPA 3.4(p) Origination. Each Receivable was originated after January 29, 2012 1: Confirm the Contract was originated after the oldest allowable contract date.
No Bankrupt Obligors. According to the records of the RPA Seller as of the Cutoff Date, the Obligor was not the subject of a bankruptcy proceeding.
No Bankrupt Obligors. None of the Receivables shall be due from any Obligor who, as of the Cutoff Date, was the subject of a proceeding under the Bankruptcy Code of the United States or was bankrupt.
No Bankrupt Obligors. According to the records of the Transferor, as of the Cutoff Date, no Obligor is the subject of a bankruptcy proceeding.
No Bankrupt Obligors. None of the Loans is due from any Obligor who is the subject of a bankruptcy, repossession, insolvency or reorganization proceeding or is bankrupt or is insolvent.
No Bankrupt Obligors. As of the related Cutoff Date, no Receivable was due from an Obligor that was the subject of a proceeding under the Bankruptcy Code of the United States or was bankrupt. (xx) New and Used Vehicles. Approximately 92.07% of the Initial Pool Balance, constituting approximately 85.55% of the total number of the Initial Receivables, relate to new automobiles and light- or medium-duty trucks financed at new vehicle rates. Approximately 7.93% of the Initial Pool Balance, constituting approximately 14.45% of the total number of Initial Receivables, relate to used automobiles and light- or medium-duty trucks. Approximately 0.39% of the Initial Pool Balance, constituting approximately 0.47% of the total number of Initial Receivables, relate to program automobiles and light-duty trucks which are financed at new vehicle rates. Approximately 1.61% of the Initial Pool Balance, constituting approximately 1.07% of the total number of Initial Receivables, relate to medium-duty trucks, the primary purchasers of which are businesses. Approximately 2.93% of the Initial Pool Balance, constituting approximately 6.72% of the total number of Initial Receivables, relate to refinanced program automobiles and light- or medium-duty trucks manufactured in prior model years which are financed at the original rates set forth in the related Contracts or at used vehicle rates.