Common use of No Liens, Etc Clause in Contracts

No Liens, Etc. Against Receivables and Trust Property Each of the Seller and the Depositor hereby covenants and agrees not to create or suffer to exist (by operation of law or otherwise) any Lien upon or with respect to any of the Aggregate Receivables or any of its interest therein, if any, or upon or with respect to any of its interest in any Account, or assign any right to receive income in respect thereof, other than Permitted Liens. Each of the Seller and the Depositor shall immediately notify the Indenture Trustee of the existence of any Lien on any of the Aggregate Receivables and shall defend the right, title and interest of each of the Depositor, the Issuer and the Indenture Trustee in, to and under the Aggregate Receivables, against all claims of third parties.

No Liens, Etc. Against Receivables and Trust Property Property. Each of the Seller and the Depositor hereby covenants and agrees not to create or suffer to exist (by operation of law or otherwise) any Lien upon or with respect to any of the Aggregate Receivables or any of its interest therein, if any, or upon or with respect to any of its interest in any Account, or assign any right to receive income in respect thereof, other than Permitted Liens. Each of the Seller and the Depositor shall immediately notify the Indenture Trustee of the existence of any Lien on any of the Aggregate Receivables and shall defend the right, title and interest of each of the Depositor, the Issuer and the Indenture Trustee in, to and under the Aggregate Receivables, against all claims of third parties.

No Liens, Etc. Against Receivables and Trust Property Property. Each of the Seller and the Depositor hereby covenants and agrees not to create or suffer to exist (by operation of law or otherwise) any Lien upon or with respect to any of the Aggregate Receivables or any of its interest therein, if any, or upon or with respect to any of its interest in any Account, or assign any right to receive income in respect thereof, other than Permitted Liensexcept for the Lien created by the Indenture. Each of the Seller and the Depositor shall immediately notify the Indenture Trustee of the existence of any Lien on any of the Aggregate Receivables and shall defend the right, title and interest of each of the Depositor, the Issuer and the Indenture Trustee in, to and under the Aggregate Receivables, against all claims of third parties.

No Liens, Etc. Against Receivables and Trust Property Each of the Property. The Seller and the Depositor hereby covenants and agrees not to create or suffer to exist (by operation of law or otherwise) ), any Lien upon or with respect to to, any of the Aggregate Receivables or any of its interest therein, if any, or upon or with respect to any of its interest in any Account, or assign any right to receive income in respect thereof, other than Permitted Liensexcept for the Lien created by the Indenture. Each of the The Seller and the Depositor shall immediately notify the Indenture Trustee of the existence of any Lien on any of the Aggregate Receivables and the Seller shall defend the right, title and interest of each of the Depositor, the Issuer and the Indenture Trustee in, to and under the Aggregate Receivables, against all claims of third parties.

No Liens, Etc. Against Receivables and Trust Property Each of the Property. The Seller and the Depositor hereby covenants and agrees not to create or suffer to exist (by operation of law or otherwise) ), any Lien upon or with respect to to, any of the Aggregate Receivables or any of its interest therein, if any, or upon or with respect to any of its interest in any Account, or assign any right to receive income in respect thereof, other than Permitted Liensexcept for the Lien created by the Indenture. Each of the The Seller and the Depositor shall immediately notify the Indenture Trustee and the Noteholders of the existence of any Lien on any of the Aggregate Receivables and the Seller shall defend defend, at the Seller's expense, the right, title and interest of each of the DepositorIssuer, the Issuer Trustee and the Indenture Trustee Noteholders in, to and under the Aggregate ReceivablesReceivables and Trust Estate, against all claims of third parties.