Common use of Protection of Title Clause in Contracts

Protection of Title. (a) The Bank shall authorize and file such financing statements and cause to be authorized and filed such continuation and other financing statements, all in such manner and in such places as may be required by law fully to preserve, maintain and protect the interest of XXXX under this Agreement in the Purchased Assets (to the extent that the interest of XXXX therein can be perfected by the filing of a financing statement). The Bank shall deliver (or cause to be delivered) to XXXX file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 17 contracts

Samples: Purchase Agreement (Capital One Prime Auto Receivables Trust 2022-2), Purchase Agreement (Capital One Prime Auto Receivables Trust 2023-2), Purchase Agreement (Capital One Prime Auto Receivables Trust 2023-2)

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Protection of Title. (a) The Bank shall authorize and file such financing statements and cause to be authorized and filed such continuation and other financing statements, all in such manner and in such places as may be required by law fully to preserve, maintain and protect the interest of XXXX the Depositor under this Agreement in the Purchased Assets Receivables (other than any Related Security with respect thereto, to the extent that the interest of XXXX the Depositor therein can cannot be perfected by the filing of a financing statement). The Bank shall deliver (or cause to be delivered) to XXXX the Depositor 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: Receivables Sale Agreement (Huntington Auto Trust 2016-1), Receivables Sale Agreement (Huntington Auto Trust 2016-1), Form Of (Huntington Funding, LLC)

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Protection of Title. (a) The Bank shall authorize and file such financing statements and cause to be authorized and filed such continuation and other financing statements, all in such manner and in such places as may be required by law fully to preserve, maintain and protect the interest of XXXX the Purchaser under this Agreement in the Purchased Assets (to Receivables as well as any subsequent assignee of the extent that the interest of XXXX therein can be perfected by the filing of a financing statement)Receivables. The Bank shall deliver (or cause to be delivered) to XXXX the Purchaser as well as any subsequent assignee of the Receivables 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: Purchase Agreement (USAA Auto Owner Trust 2010-1), Purchase Agreement (USAA Auto Owner Trust 2010-1), Purchase Agreement (USAA Auto Owner Trust 2009-2)

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