Common use of Groups Clause in Contracts

Groups. No more than one pledge of the Servicing Rights to one secured party will be permitted. An Issuer may not grant a security interest to more than one secured party. Any purported grant of a security interest pertaining to less than the entire ▇▇▇▇▇▇ ▇▇▇ portfolio is prohibited and shall be null and void.

Groups. No more than one pledge of the Servicing Rights to one secured party will be permitted. An Issuer issuer may not grant a security interest to more than one secured party. Any purported grant of a security interest pertaining to less than the entire ▇▇▇▇▇▇ ▇▇▇ portfolio is prohibited and shall be null and void.