Common use of Identification of Records Clause in Contracts

Identification of Records. The Servicer shall clearly and unambiguously identify each Contract in the Asset Pool and the related Equipment in its computer or other records to reflect that such Contracts and Equipment have been transferred to and are owned by the Seller and that an interest therein has been transferred by the Seller pursuant to this Agreement.

Appears in 6 contracts

Samples: Receivables Purchase Agreement (Fidelity Leasing Inc), Receivables Purchase Agreement (Resource America Inc), Receivables Purchase Agreement (Fidelity Leasing Inc)

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Identification of Records. The Servicer shall clearly and unambiguously identify each Contract in the Asset Pool Collateral and the related Equipment in its computer or other records to reflect that such Contracts and Equipment have been transferred to and are owned by the Seller Borrower and that an a security interest therein has been transferred Granted by the Seller Borrower pursuant to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Fidelity Leasing Inc)

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