No Documents or Instruments. No such Receivable, or constituent part thereof, constitutes a “negotiable instrument” or “negotiable document of title” (as such terms are used in the UCC).
No Documents or Instruments. No such Receivable or constituent part thereof, constitutes a “negotiable instrument” or “negotiable document of title” (as such terms are used in the UCC). SCHEDULE II PERFECTION REPRESENTATIONS, WARRANTIES AND COVENANTS In addition to the representations, warranties and covenants contained in this Agreement, BANA hereby represents, warrants, and covenants to the First Tier Purchaser as follows on the Closing Date:
No Documents or Instruments. No Designated Receivable, or --------------------------- constituent part thereof, constitutes a "negotiable instrument" or "negotiable document of title" (as such terms are used in the UCC); and each Designated Receivable is an "account" or "chattel paper" within the meaning of Section 9-105 or 9-106, respectively, of the UCC.
No Documents or Instruments. No Ohio Receivable, or constituent part thereof, constitutes a "negotiable instrument" or "negotiable document of title" (as such terms are used in the UCC).
No Documents or Instruments. No Series 20__-SN_ Lease Asset, or constituent part thereof, constitutes a “negotiable instrument,” “negotiable document of title” or “electronic chattel paper” (as such terms are used in the UCC).
No Documents or Instruments. No Designated Loan, or constituent part thereof, constitutes an "instrument" or "document" (as such terms are defined in the UCC);
No Documents or Instruments. No Designated Receivable, or constituent part thereof, constitutes a "negotiable instrument" or "negotiable document of title" (as such terms are used in the UCC); and each Designated Receivable is an "account" or "chattel paper" within the meaning of Section 9-105 or 9-106, respectively, of the UCC. (ee) (ff) Maturity of Receivables. Each Designated Receivable has an original term to maturity of not less than 15 months and not greater than 84 months and, as of the Cutoff Date, had a remaining term to maturity of not less than 12 months and not greater than 72 months; (gg) (hh) Annual Percentage Rate. The Annual Percentage Rate of each Designated Receivable is not less than 6.00%; (ii) (jj)
No Documents or Instruments. No Series 2005-SN1 Lease Asset, or constituent part thereof, constitutes a "negotiable instrument" or "negotiable document of title" (as such terms are used in the UCC).
No Documents or Instruments. 18. For each Selected Lease Asset, reviewed the opinion of in-house counsel to confirm that no Lease constitutes a “negotiable instrument,” “negotiable document of title” or “electronic chattel paper” (as such terms are used in the UCC).
