All Actions Taken. All actions (other than delivering the original Contract) necessary under the applicable UCC in any jurisdiction to be taken (i) to give the Issuer a first priority perfected security interest or ownership interest in the Receivables, and (ii) to give the Indenture Trustee a first priority perfected security interest therein (including, without limitation, UCC filings with the Delaware and Washington Secretaries of State) have been taken.
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts), Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts)
All Actions Taken. All actions (other than delivering the original Contract) necessary under the applicable UCC in any jurisdiction to be taken (i) to give the Issuer a first priority perfected security interest or ownership interest in the ReceivablesContracts, and (ii) to give the Indenture Trustee a first priority perfected security interest therein (including, without limitation, UCC filings with the Delaware Nevada and Washington Utah Secretaries of State) have been taken.
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Advanta Bank Corp), Transfer and Servicing Agreement (Advanta Bank Corp)
All Actions Taken. All actions (other than delivering the original Original Contract) necessary under the applicable UCC in any jurisdiction to be taken (i) to give the Issuer a first priority perfected security interest or ownership interest in the Receivables, and (ii) to give the Indenture Trustee a first priority perfected security interest therein (including, without limitation, UCC filings with the Delaware and Washington Secretaries of State [and precautionary UCC filings with the [__________] Secretary of State) have been taken]).
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts)
