Common use of Contracts Not to be Evidenced by Promissory Notes Clause in Contracts

Contracts Not to be Evidenced by Promissory Notes. The Trust Depositor will take no action to cause any Contract not originally evidenced by an instrument as described in Section 2.06 hereof, to be evidenced by an instrument (as defined in the UCC), except in connection with the enforcement or collection of such Contract.

Appears in 6 contracts

Samples: Sale and Servicing Agreement (Heller Funding Corp Ii), Sale and Servicing Agreement (Fidelity Leasing Inc), Transfer and Servicing Agreement (Orix Credit Alliance Receivables Trust 1999-A)

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Contracts Not to be Evidenced by Promissory Notes. The Trust Depositor will take no action to cause any Contract not originally evidenced by an instrument as described in Section 2.06 hereof2.06, to be evidenced by an instrument (as defined in the UCC), except in connection with the enforcement or collection of such Contract.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Newcourt Receivables Corp Ii), Sale and Servicing Agreement (Newcourt Receivables Corp Ii)

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Contracts Not to be Evidenced by Promissory Notes. The Trust Depositor will take no action to cause any Contract not originally evidenced by an instrument as described in Section 2.06 hereof, to be evidenced by an instrument (as defined in the UCC), except in connection with the enforcement or collection of such Contract.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Heller Funding Corp)

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