Common use of Servicing Documents Clause in Contracts

Servicing Documents. The Administrative Agent shall have received evidence satisfactory to it that documentation and other actions relating to the Initial Portfolio Railcars (and the Leases relating thereto, and payments in respect of the foregoing) have been entered into or taken, as applicable, as contemplated under the Servicing Documents as necessary, advisable or customary to establish and protect the Borrower’s and the Collateral Agent’s interests in such Railcars, Leases and payments.