Common use of Protection of Right Title and Interest Clause in Contracts

Protection of Right Title and Interest. (a) The Seller will file such financing statements and cause to be executed and filed such continuation statements, all in such manner and in such places as may be required by law fully to preserve, maintain, and protect the interest of the Purchaser (or its assignee) in the Receivables and in the proceeds thereof. The Seller will deliver (or cause to be delivered) to the Purchaser file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing. The Seller authorizes the Purchaser and any assignee of the Purchaser hereunder to file such financing statements and continuation statements.

Appears in 4 contracts

Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2005-A), Purchase Agreement (Ford Credit Auto Owner Trust 2005-C), Purchase Agreement (Ford Credit Auto Owner Trust 2005-B)

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