Security Interest. This Agreement creates a valid and continuing security interest (as defined in the UCC) in the Receivables in favor of the Issuer, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.
Appears in 78 contracts
Sources: Sale and Servicing Agreement (Honda Auto Receivables 2025-4 Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2025-4 Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2025-3 Owner Trust)
Security Interest. This Agreement agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables in favor of the IssuerPurchaser, which security interest is prior to all other Liens, Liens (other than Permitted Liens and any Lien which will be released prior to the assignment hereunder) and is enforceable as such against all creditors of and purchasers from the RPA Seller.
Appears in 75 contracts
Sources: Receivables Purchase Agreement (Honda Auto Receivables 2025-4 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2025-4 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2025-3 Owner Trust)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables in favor of the IssuerPurchaser, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.
Appears in 19 contracts
Sources: Receivables Purchase Agreement (California Republic Funding LLC), Receivables Purchase Agreement (California Republic Auto Receivables Trust 2018-1), Receivables Purchase Agreement (California Republic Auto Receivables Trust 2018-1)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the UCC) in the Receivables and the proceeds thereof in favor of the IssuerIssuing Entity, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the SellerDepositor.
Appears in 8 contracts
Sources: Sale and Servicing Agreement (Caterpillar Financial Funding Corp), Sale and Servicing Agreement (Caterpillar Financial Funding Corp), Sale and Servicing Agreement (Caterpillar Financial Asset Trust 2006-A)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Transferred Collateral in favor of the IssuerBuyer, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.
Appears in 4 contracts
Sources: Purchase and Contribution Agreement (Monroe Capital Income Plus Corp), Purchase and Contribution Agreement (PennantPark Floating Rate Capital Ltd.), Purchase and Contribution Agreement (Monroe Capital Income Plus Corp)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral Portfolio in favor of the IssuerCollateral Agent, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 3 contracts
Sources: Loan and Servicing Agreement (FS KKR Capital Corp), Loan and Servicing Agreement (GOLUB CAPITAL BDC, Inc.), Loan and Servicing Agreement (FS Investment Corp II)
Security Interest. This Agreement agreement creates a valid and continuing security interest (as defined in the UCC) in the Receivables Collateral in favor of the IssuerAdministrator (for the benefit of the Secured Parties), which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Sellerof Borrower.
Appears in 3 contracts
Sources: Loan Agreement (Jarden Corp), Loan Agreement (Jarden Corp), Loan Agreement (Jarden Corp)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the UCC) in the Receivables and the proceeds thereof in favor of the Issuer, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.
Appears in 2 contracts
Sources: Sale and Servicing Agreement (Caterpillar Financial Asset Trust 2005-A), Sale and Servicing Agreement (Caterpillar Financial Asset Trust 2004-A)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the UCC) in the Receivables and the proceed thereof in favor of the Issuer, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.
Appears in 1 contract
Sources: Sale and Servicing Agreement (Caterpillar Financial Funding Corp)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Transferred Collateral in favor of the IssuerBuyer, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 1 contract
Sources: Purchase and Contribution Agreement (Main Street Capital CORP)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral in favor of the IssuerAdministrative Agent, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 1 contract
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Borrower’s right in the Collateral Portfolio in favor of the IssuerCollateral Agent, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 1 contract
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Purchased Assets in favor of the IssuerBuyer and the Trustee as assignee, for the benefit of the Trustee, the Investor Agent, the Swingline Investor and the Investors, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.
Appears in 1 contract
Sources: Purchase and Sale Agreement (NewStar Financial, Inc.)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the UCCUCC as in effect from time to time in the State of New York) in the Receivables Collateral in favor of the IssuerAdministrative Agent, on behalf of the Secured Parties, which security interest is validly perfected under Article 9 of the UCC and is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 1 contract
Sources: Loan and Security Agreement (New Mountain Finance Corp)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral in favor of the IssuerCollateral Agent, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the SellerBorrower.
Appears in 1 contract
Sources: Credit Agreement (Owl Rock Technology Finance Corp.)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral in favor of the IssuerTrustee, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 1 contract
Sources: Secured Loan and Servicing Agreement (NewStar Financial, Inc.)
Security Interest. This Agreement creates a valid valid, continuing and continuing enforceable security interest (as defined in the applicable UCC) in the Receivables Loan Assets in favor of the Issuer, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Trust Depositor;
Appears in 1 contract
Sources: Transfer and Servicing Agreement (American Capital Strategies LTD)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Pledged Property in favor of the IssuerAgent on behalf of the Purchaser and the Surety Provider, which security interest is prior to all other Liens, liens and security interests and is enforceable as such against creditors of and purchasers from the Seller. The Receivables constitute "accounts," "chattel paper," instruments" or "general intangibles" within the meaning of the applicable UCC.
Appears in 1 contract
Sources: Receivables Sale Agreement (Wabash National Corp /De)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral in favor of the IssuerCompany, which security interest is prior to all other LiensAdverse Claims, and is enforceable as such against creditors of and purchasers from the Seller.Originators. The Collateral constitutes "accounts," "
Appears in 1 contract