Common use of Additional Security Agreement Clause in Contracts

Additional Security Agreement. Pursuant to a Security Agreement of even date herewith, in order to secure the rights of the collateral agent for each Securitization to amounts payable to it pursuant to clause fourth of priority SECOND of Section 3.03(b), the Trust has granted a security interest in its rights to amounts released from the Series 2007-B-F Spread Account. For the avoidance of doubt, the Amending Parties agree that such Security Agreement is a “Transaction Document.”

Appears in 1 contract

Samples: Spread Account Agreement (Americredit Corp)

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Additional Security Agreement. Pursuant to a Security Agreement of even date herewith, in order to secure the rights of the collateral agent for each Securitization to amounts payable to it pursuant to clause fourth of priority SECOND of Section 3.03(b), the Funding Trust has granted a security interest in its rights to amounts released from the Series 20072005-BC-F Spread Account. For the avoidance of doubt, the Amending Parties agree that such Security Agreement is a “Transaction Document.”

Appears in 1 contract

Samples: Account Agreement (Americredit Corp)

Additional Security Agreement. Pursuant to a Security Agreement of even date herewith, in order to secure the rights of the collateral agent for each Securitization to amounts payable to it pursuant to clause fourth of priority SECOND of Section 3.03(b), the Trust has granted a security interest in its rights to amounts released from the Series 2007-BD-F Spread Account. For the avoidance of doubt, the Amending Parties agree that such Security Agreement is a “Transaction Document.”

Appears in 1 contract

Samples: Spread Account Agreement (Americredit Corp)

Additional Security Agreement. Pursuant to a Security Agreement of even date herewith, in order to secure the rights of the collateral agent for each Securitization to amounts payable to it pursuant to clause fourth of priority SECOND of Section 3.03(b), the Funding Trust has granted a security interest in its rights to amounts released from the Series 20072004-BD-F Spread Account. For the avoidance of doubt, the Amending Parties agree that such Security Agreement is a “Transaction Document.”

Appears in 1 contract

Samples: Account Agreement (Americredit Corp)

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Additional Security Agreement. Pursuant to a Security Agreement of even date herewith, in order to secure the rights of the collateral agent for each Securitization to amounts payable to it pursuant to clause fourth of priority SECOND of Section 3.03(b), the Trust has granted a security interest in its rights to amounts released from the Series 20072006-BA-F Spread Account. For the avoidance of doubt, the Amending Parties agree that such Security Agreement is a “Transaction Document.”

Appears in 1 contract

Samples: Spread Account Agreement (Americredit Corp)

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