Common use of All Actions Taken Clause in Contracts

All Actions Taken. All actions necessary under the applicable UCC in any jurisdiction to be taken (i) to give the Trust a first priority perfected security interest or ownership interest in the Collateral Certificate as against the Transferor and against BANA, and

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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All Actions Taken. All actions necessary under the applicable UCC in any jurisdiction to be taken (i) to give the Trust a first priority perfected security interest or ownership interest in the Collateral Certificate as against Certificate, and (ii) to give the Transferor and against BANAIndenture Trustee a first priority perfected security interest in the Collateral Certificate, andin each case subject to any statutory or other non-consensual liens with respect to the Collateral Certificate, have been taken.

Appears in 1 contract

Samples: Trust Agreement (Mellon Premium Finance Loan Owner Trust)

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All Actions Taken. All actions necessary under the applicable UCC in any jurisdiction to be taken (i) to give the Trust a first priority perfected security interest or ownership interest in the Collateral Certificate as against the Transferor and against BANA, andand (ii) to give the Indenture Trustee a first priority perfected security interest in the Collateral Certificate as against the Trust (including, without limitation, UCC filings with the Secretary of State), in each case subject to any statutory or other non-consensual liens with respect to the Collateral Certificate, have been taken.

Appears in 1 contract

Samples: Trust Agreement (BA Master Credit Card Trust II)

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