Recording, Etc. (a) The Issuer intends the Security Interest granted pursuant to this Indenture in favor of the Indenture Trustee to be prior to all other liens in respect of the Collateral. Subject to Section 2.02, the Issuer will take all actions necessary to maintain a perfected lien on and Security Interest in the Collateral in favor of the Indenture Trustee.
Appears in 12 contracts
Samples: Pooling and Servicing Agreement (American Express Issuance Trust), And Servicing Agreement (American Express Receivables Financing Corp VIII LLC), Indenture
Recording, Etc. (a) The Issuer intends the Security Interest granted pursuant to this Indenture in favor of the Indenture Trustee to be prior to all other liens in respect of the Collateral. Subject to Section 2.02, the The Issuer will take all actions necessary to maintain a perfected first priority lien on and Security Interest in the Collateral in favor of the Indenture Trustee.
Appears in 1 contract
Recording, Etc. (a) The Issuer intends the Security Interest granted pursuant to this Indenture in favor of the Indenture Trustee to be prior to all other liens in respect of the Collateral. Subject to Section 2.02, the The Issuer will take all actions necessary to maintain a perfected lien on and any Security Interest in the Collateral in favor of the Indenture Trustee.
Appears in 1 contract
Samples: Trust Indenture
