Common use of Common Collateral Clause in Contracts

Common Collateral. In connection with loans or advances made or to be made by the Original Seller to a Dealer from time to time other than pursuant to an Account (collectively, "Other Indebtedness"), the Original Seller may have a security interest in property constituting Collateral Security (the "Common Collateral").

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Gs Mortgage Securities Corp), Pooling and Servicing Agreement (Goldman Sachs Asset Backed Securities Corp), Pooling and Servicing Agreement (Ace Securities Corp)

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Common Collateral. In connection with loans or advances made or held or to be made or held by the Original Seller to a Dealer from time to time time, other than pursuant to an Account a Receivable transferred to the Purchaser hereunder and not reacquired by the Seller (collectively, "Other Indebtedness"), the Original Seller may have a security interest in property constituting Collateral Security (the "Common Collateral").

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Wholesale Auto Receivables LLC), Pooling and Servicing Agreement (SWIFT Master Auto Receivables Trust)

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Common Collateral. In connection with loans or advances made or held or to be made or held by the Original Seller to a Dealer from time to time time, other than pursuant to an Account a Receivable transferred to the Purchaser hereunder and not reacquired by the Seller (collectively, "Other Indebtedness"), the Original Seller may have a security interest in property constituting Collateral Security (the "Common Collateral").

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ally Wholesale Enterprises LLC)

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