Non-Compliance to the Acquisition Cláusulas de Ejemplo

Non-Compliance to the Acquisition. In case that the Assignee breaches its obligation to acquire Receivable Rights, as per the terms and conditions set forth in the Assignment Agreement; 4. Misrepresentation . In case of the Assignor's representations and guarantees contained in the Assigned Agreement, or of any other information provided by any of the Assignors is false, incorrect or incomplete in any material respect; 5. Non-Compliance to the Collateralization. In case that during any consecutive 10 (ten) Business Days period during the life of the Assignment Agreement, the required Collateralization level (Aforo) is not complied in accordance with Section 4 Subsection D above, and if at the end of such period the Collateralization level is not increased in a manner sufficient to at least cover the corresponding Partial Interests Cost in accordance with the provisions of paragraph I, Section 5 Subsection A of the Assignment Agreement, whether such increases are made automatically or through an assignment of additional Eligible Rights or through the contributions of additional cash amounts to the Property of the Trust. 6. Bankruptcy. In case a procedure is started with the purposes of declaring any of the Assignors, as it may correspond, in bankruptcy or concurso mercantil, without regard of such procedure being started by any of them or by any third party, provided however, that the starting of the procedure with the purposes of declaring any of the Assignors in bankruptcy or concurso mercantil without their consent, will not constitute an Anticipated Termination Event unless such procedure is not dismissed in the following 120 (one hundred and twenty) days;