Common use of Protection of Security Interest of the Secured Parties Clause in Contracts

Protection of Security Interest of the Secured Parties. The Originator agrees that it shall, from time to time, at its expense, promptly execute and deliver all instruments and documents and take all actions as may be necessary or as the Facility Agent may reasonably request in order to perfect or protect the SPV’s title in the Sold Assets or to enable the SPV or the Facility Agent (as its assignee) to exercise or enforce any of their respective rights hereunder. Without limiting the foregoing, the Originator shall, upon the request of the SPV or the Facility Agent (as its assignee), (i) execute and file such financing or continuation statements or amendments thereto or assignments thereof (as otherwise permitted to be executed and filed pursuant hereto) as may be requested by the SPV or the Facility Agent (as its assignee) and (ii) xxxx its respective master data processing records and other documents with a legend describing the security interest granted to the SPV (or its assignee) in the Sold Assets. To the fullest extent permitted by Applicable Law, the SPV (or its assignee) shall be permitted to sign and file continuation statements and amendments thereto and assignments thereof without the Originator’s signature. Carbon, photographic or other reproduction of this Agreement or any financing statement shall be sufficient as a financing statement.