Common use of Actions Impairing Quality of Title Clause in Contracts

Actions Impairing Quality of Title. Such Seller Party shall not take any action that could reasonably be expected to cause the applicable Seller Note or any rights to the proceeds thereof not to be owned by it free and clear of any Adverse Claim (other than Permitted Adverse Claims); or take any action that could reasonably be expected to cause Buyer not to have a valid ownership interest or first priority perfected security interest in such Seller Note and, to the extent such security interest can be perfected by filing a financing statement, all cash proceeds of any of the foregoing, in each case, free and clear of any Adverse Claim (other than a Permitted Adverse Claim); or suffer the existence of any valid and effective financing statement or other instrument similar in effect covering such Seller Note or any proceeds thereof on file in any recording office except such as may be filed in favor of Buyer in accordance with any Transaction Agreements.

Actions Impairing Quality of Title. Such The Seller Party shall not take any action that could reasonably be expected to cause the applicable Seller Note or any rights to the proceeds thereof not to be owned by it free and clear of any Adverse Claim (other than Permitted Adverse Claims); or take any action that could reasonably be expected to cause Buyer not to have a valid ownership interest or first priority perfected security interest in such the Seller Note and, to the extent such security interest can be perfected by filing a financing statement, all cash proceeds of any of the foregoing, in each case, free and clear of any Adverse Claim (other than a Permitted Adverse Claim); or suffer the existence of any valid and effective financing statement or other instrument similar in effect covering such the Seller Note or any proceeds thereof on file in any recording office except such as may be filed in favor of Buyer in accordance with any Transaction Agreements.

Actions Impairing Quality of Title. Such Seller Party shall not take any action that could reasonably be expected to cause the applicable Seller Note or any rights to the proceeds thereof not to be owned by it free and clear of any Adverse Claim (other than any Permitted Adverse ClaimsLien); or take any action that could reasonably be expected to cause Buyer not to have a valid ownership interest or first priority perfected security interest in such the Seller Note and, to the extent such security interest can be perfected by filing a financing statement, all cash proceeds of any of the foregoing, in each case, free and clear of any Adverse Claim (other than a any Permitted Adverse ClaimLien); or suffer the existence of any valid and effective financing statement or other instrument similar in effect covering such the Seller Note or any proceeds thereof on file in any recording office except such as may be filed in favor of Buyer in accordance with any Transaction AgreementsAgreements or in connection with the Permitted Lien.

Actions Impairing Quality of Title. Such Seller Party shall not take any action that could reasonably be expected to cause the applicable Seller Note any Purchased Security or any rights to the proceeds 752839588 thereof not or any Lockbox or Collection Account to be owned by it free and clear of any Adverse Claim (other than Permitted Adverse Claims)Liens; or take any action that could reasonably be expected to cause Buyer not to have a valid ownership interest or first priority perfected security interest in such Seller Note Purchased Securities and, to the extent such security interest can be perfected by filing a financing statement, all cash proceeds of any of the foregoing, in each case, free and clear of any Adverse Claim (other than a Permitted Adverse Claim)Liens; or suffer the existence of any valid and effective financing statement or other instrument similar in effect covering such Seller Note Purchased Securities or any proceeds thereof on file in any recording office except such as may be filed in favor of Buyer in accordance with any Transaction Agreements.