Common use of Protection of Title to Issuer Clause in Contracts

Protection of Title to Issuer. (a) The Depositor or the Servicer, or both, shall authorize and file such financing statements and cause to be authorized and filed such continuation statements, all in such manner and in such places as may be required by Applicable Law fully to preserve, maintain and protect the interest of the Issuer and of the Indenture Trustee for the benefit of the Noteholders in the Receivables and in the proceeds thereof. The Depositor or the Servicer, or both, shall deliver (or cause to be delivered) to the Trustees file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 33 contracts

Samples: Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1), Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2024-1)

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Protection of Title to Issuer. (a) The Depositor or the Servicer, or both, shall authorize and file such financing statements and cause to be authorized and filed such continuation statements, all in such manner and in such places as may be required by Applicable Law law fully to preserve, maintain and protect the interest of the Issuer and of the Indenture Trustee for the benefit of the Noteholders in the Receivables and in the proceeds thereof. The Depositor or the Servicer, or both, shall deliver (or cause to be delivered) to the Trustees file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 7 contracts

Samples: Sale and Servicing Agreement (Daimler Retail Receivables LLC), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2011-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2010-1)

Protection of Title to Issuer. (a) The Depositor or the Master Servicer, or both, shall authorize and file such financing statements and cause to be authorized and filed such continuation statements, all in such manner and in such places as may be required by Applicable Law law fully to preserve, maintain and protect the interest of the Issuer and of the Indenture Trustee for the benefit of the Noteholders in the Receivables and in the proceeds thereof. The Depositor or the Master Servicer, or both, shall deliver (or cause to be delivered) to the Trustees file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 6 contracts

Samples: Sale and Servicing Agreement (Wachovia Auto Owner Trust 2008-A), Sale and Servicing Agreement (Wachovia Auto Loan Owner Trust 2007-1), Sale and Servicing Agreement (Wachovia Auto Owner Trust 2006-A)

Protection of Title to Issuer. (a) The Depositor or the Servicer, or both, Servicer shall authorize execute and file such financing statements statements, and cause to be authorized executed and filed such amendments or continuation statements, all in such manner and in such places as may be required by Applicable Requirements of Law fully to preserve, maintain and protect the interest of the Issuer and of Issuer, the Securityholders, the Swap Counterparties, the Indenture Trustee for and the benefit of the Noteholders Owner Trustee in the Receivables Loans and in the proceeds thereof. The Depositor or the Servicer, or both, Servicer shall deliver (or cause to be delivered) to the Trustees Owner Trustee and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 3 contracts

Samples: Transfer and Servicing Agreement (American Capital Strategies LTD), Transfer and Servicing Agreement (American Capital Strategies LTD), Transfer and Servicing Agreement (American Capital Strategies LTD)

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Protection of Title to Issuer. (a) The Depositor or the Servicer, or both, Servicer shall authorize execute and file such financing statements statements, and cause to be authorized executed and filed such amendments or continuation statements, all in such manner and in such places as may be required by Applicable Requirements of Law fully to preserve, maintain and protect the interest of the Issuer and of Issuer, the Holders, the Swap Counterparties, the Indenture Trustee for and the benefit of the Noteholders Owner Trustee in the Receivables Loans and in the proceeds thereof. The Depositor or the Servicer, or both, Servicer shall deliver (or cause to be delivered) to the Trustees Owner Trustee and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (American Capital Strategies LTD), Transfer and Servicing Agreement (American Capital Strategies LTD)

Protection of Title to Issuer. (a) The Depositor or the Servicer, or both, Servicer shall authorize execute and file such financing statements statements, and cause to be authorized executed and filed such amendments or continuation statements, all in such manner and in such places as may be required by Applicable Requirements of Law fully to preserve, maintain and protect the interest of the Issuer and of Issuer, the Securityholders, the Swap Counterparties, the Indenture Trustee for and the benefit of the Noteholders Owner Trustee in the Receivables Loans and in the proceeds thereof. The Depositor or the Servicer, or both, Servicer shall deliver (or cause to be delivered) to the Trustees Owner Trustee and the Indenture Trustee file-–stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (American Capital Strategies LTD)

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