Related Security Documents definition
Examples of Related Security Documents in a sentence
Except as expressly amended hereby, the Collateral Agreement remains in full force and effect, all other Security Documents and Related Security Documents remain in full force and effect, and each of the parties hereto hereby expressly affirms its respective obligations hereunder and thereunder notwithstanding the amendment effected hereby.
Appropriate Uniform Commercial Code financing statements relating to the sale of Contracts hereunder have been filed in all offices where such filing is necessary to give the Agent on behalf of the Buyers a prior perfected security interest in the Buyers' Contracts, the Related Security Documents and any Related Security superior to any other interest therein.
Except in connection with the sale of Contracts hereunder, neither Seller has sold, pledged, transferred, assigned or granted any Lien in any Contracts sold or to be sold to the Buyers hereunder, any Related Security or the Related Security Documents.
In the event a Seller is obligated to repurchase a Contract under the provisions of this Article VII, the Agent shall, at that Seller's expense and after payment of the full Repurchase Price therefor, take such action as that Seller may reasonably request in order to reassign to that Seller the Contract, all Related Security Documents and all Related Security for such Contract.
Except as expressly amended hereby, the Indenture remains in full force and effect, all other Security Documents and Related Security Documents remain in full force and effect, and each of the parties hereto hereby expressly affirms its respective obligations hereunder and thereunder notwithstanding the amendment effected hereby.
The Buyers' Contracts, the Related Security Documents and any Related Security are or will be sufficiently described in the Assignments and such financing statements in order to perfect and protect Buyers' interest in the Buyers' Contracts, the Related Security Documents and any Related Security against all other Persons.
The Related Seller will at all times observe and perform, or cause to be observed and performed, all contractual undertakings of the Related Seller to the Obligor under each Contract and the Related Security Documents.
All rights acquired by the Indenture Trustee under any such other Related Security Documents shall be held by the Indenture Trustee for the benefit of the Specified Creditors subject to the terms hereof and for the same purposes as it holds the Lien Hereof.
The Servicer shall, as part of its administrative and servicing obligations hereunder, be responsible for all administration, servicing and collection of all Buyers' Contracts, Related Security and Related Security Documents.
Each Assignment executed and delivered in connection with any purchase and sale of Contracts will vest in the Agent on behalf of the Buyers all of the Related Seller's right, title and interest in and to such Contracts, any Related Security, any Related Security Documents and the proceeds thereof.