Common use of Depositor Authorized to File Financing Statements Clause in Contracts

Depositor Authorized to File Financing Statements. VZMT authorizes the Depositor to file financing and continuation statements, and amendments to the statements, in the jurisdictions and with the filing offices as the Depositor may determine are necessary or advisable to perfect the Depositor’s interest in the VZMT Transferred Property. The financing and continuation statements may describe the VZMT Transferred Property as the Depositor may reasonably determine to perfect the Depositor’s interest in the VZMT Transferred Property.

Appears in 6 contracts

Samples: Receivables Transfer Agreement (Verizon Owner Trust 2020-B), Receivables Transfer Agreement (Verizon Owner Trust 2020-A), Receivables Transfer Agreement (Verizon Owner Trust 2020-C)

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