Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and purchasers from the Issuer.
Appears in 86 contracts
Samples: Indenture (Ford Credit Auto Lease Trust 2017-A), Indenture (Ford Credit Auto Owner Trust 2016-C), Indenture (Ford Credit Auto Owner Trust 2017-B)
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the Issuer.
Appears in 23 contracts
Samples: Indenture (Verizon Owner Trust 2019-B), Transfer and Servicing Agreement (Verizon Owner Trust 2020-C), Indenture (Vzot 2018-A)
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series [_]-[_] Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2022-3 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2024-1 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2022-2 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2021-2 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2023-5 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2022-4 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2022-7 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2022-1 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2023-4 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2021-1 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2023-2 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 2 contracts
Samples: Indenture (Verizon Master Trust), Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Collateral Series Certificate in favor of the Indenture Trustee which security interest is prior to all other Liens, other than Permitted Liens, liens and is enforceable as such against the creditors of and purchasers from the Issuer.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Chase Credit Card Master Trust), Pooling and Servicing Agreement (Chase Credit Card Master Trust)
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2023-1 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2023-7 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 1 contract
Samples: Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2022-5 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 1 contract
Samples: Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2023-6 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 1 contract
Samples: Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2024-3 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 1 contract
Samples: Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2024-2 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 1 contract
Samples: Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2022-6 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 1 contract
Samples: Verizon Master Trust
Valid Security Interest. This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Series 2023-3 Collateral in favor of the Indenture Trustee which is prior to all other Liens, other than Permitted Liens, and is enforceable against creditors of and of, purchasers from and transferees and absolute assignees of the IssuerTrust.
Appears in 1 contract
Samples: Verizon Master Trust