Common use of Tangible Chattel Paper Clause in Contracts

Tangible Chattel Paper. Each Receivable constitutes "tangible chattel paper" within the meaning of the applicable UCC.

Appears in 7 contracts

Samples: Sale and Servicing Agreement (BMW Fs Securities LLC), Sale and Servicing Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Vehicle Owner Trust 2004-A)

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Tangible Chattel Paper. Each Receivable constitutes "tangible chattel paper" paper within the meaning of the applicable UCCUCC as in effect in the State of origination.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Regions Acceptance LLC Regions Auto Receivables Tr 2003-2), Sale and Servicing Agreement (National City Auto Receivables Trust 2004-A), Receivables Purchase Agreement (Regions Auto Receivables Trust 2002-1)

Tangible Chattel Paper. Each Receivable constitutes "β€œtangible chattel paper" ” within the meaning of the applicable UCC.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Fs Securities LLC)

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Tangible Chattel Paper. Each Receivable constitutes "tangible chattel paper" within as defined in the meaning of the applicable UCC.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Toyota Motor Credit Corp), Receivables Purchase Agreement (Toyota Motor Credit Corp)

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