Perfection Covenants Sample Clauses

Perfection Covenants. Each of the Originators shall comply with each of the covenants set forth in Schedule III to this Agreement which are incorporated herein by reference.
Perfection Covenants. In order to evidence the interests of the Purchaser under this Agreement, the Seller shall, from time to time, at the Purchaser’s expense, take such action, or execute and deliver such instruments (other than filing financing statements) as may be reasonably necessary and reasonably requested in writing by the Collateral Agent to maintain the Purchaser’s ownership interest and to maintain and perfect, as a first-priority interest, the Purchaser’s security interest in the PSL Tranches of PSL Revenues sold hereunder. The Seller shall, upon the reasonable request of the Collateral Agent, from time to time and within the time limits established by Applicable Law and at the Purchaser’s expense, prepare and present to the Collateral Agent for the Collateral Agent’s authorization and approval all financing statements, amendments, continuations or other filings necessary to continue, maintain and perfect as a first- priority interest the Purchaser’s interest in the PSL Tranches of PSL Revenues sold hereunder. The Collateral Agent’s approval of such filings shall authorize the Seller to file such financing statements under the UCC. Notwithstanding anything else in the Transaction Documents to the contrary, the Seller shall not have any authority to file a termination, partial termination, release, partial release, or any amendment that deletes the name of a debtor or excludes collateral of any such financing statements, without the prior written consent of the Collateral Agent.
Perfection Covenants. The perfection covenants set forth in Exhibit VI to the Receivables Purchase Agreement shall be a part of this Agreement for all purposes.
Perfection Covenants. From and after the Initial Investment Date, the SPV shall comply with each of the covenants set forth in the Schedule 4.1(d) which are incorporated herein by reference.
Perfection Covenants. The Perfection Representations shall be a part of this Indenture for all purposes.
Perfection Covenants. Issuer shall comply with its covenants set forth in Schedule II hereto. The covenants set forth in this Section shall survive the grant of a security interest in the Collateral to Trustee. Upon discovery by Issuer, Servicer or Trustee of a breach of any of the foregoing covenants, the party discovering the breach shall give written notice to the other parties to this Agreement within three Business Days following such discovery; PROVIDED, HOWEVER that if such breach arises from a Seller's failure to perform its obligations under the Purchase Agreement and such failure is of the type that may be cured by settlement of a Seller Non-Complying Receivables Adjustment or Seller Dilution Adjustment under Sections 3.1 and 3.5 of the Purchase Agreement, and such settlement shall have (in fact) been made, then no breach shall be deemed to have occurred under this Agreement. Trustee's obligations in respect of discovering any breach are limited as provided in SECTION 11.2(g).
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Perfection Covenants. Servicer shall comply with its covenants set forth in Schedule II hereto. The covenants set forth in this Section shall survive the grant of a security interest in the Collateral to Trustee. Upon discovery by Issuer, Servicer or Trustee of a breach of any of the foregoing covenants, the party discovering the breach shall give written notice to the other parties to this Agreement within three Business Days following the discovery. Trustee's obligations in respect of discovering any breach are limited as provided in SECTION 11.2(g).
Perfection Covenants. Indenture Trustee covenants that it shall retain possession of the Collateral Certificate and that it shall not cause or allow possession of the Collateral Certificate to be transferred to any other entity, including any Affiliate of Indenture Trustee, unless (i) the Indenture Trustee provides written notice of its intent to transfer possession of the Collateral Certificate to the Owner Trustee, the Issuer and the Administrator at least sixty (60) days prior to such transfer, (ii) each of the Issuer and the Indenture Trustee receives an Opinion of Counsel of the Administrator stating that the Indenture Trustee will continue to have a perfected security interest in the Collateral Certificate free of any adverse claim and (iii) the Indenture Trustee receives a certificate of the Administrator, on behalf of the Issuer, signed by the Chairman of the Board, President, any Vice President or the Treasurer or any Assistant Treasurer, stating that the lien of the Indenture continues to constitute a valid first priority perfected security interest in the Collateral Certificate (other than with respect to a tax, mechanics or similar lien).
Perfection Covenants. GRC will:
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