Common use of All Actions Taken Clause in Contracts

All Actions Taken. All actions necessary under the applicable UCC in any jurisdiction to be taken (i) to give the Issuer a first priority perfected security interest or ownership interest in the Series Certificate, and (ii) to give the Indenture Trustee a first priority perfected security interest therein (including, without limitation, UCC filings with the Delaware Secretary of State), in each case subject to any statutory or other non-consensual liens with respect to the Series Certificate, have been taken. The Depositor has no actual knowledge of any current statutory or other non-consensual liens to which the Series Certificate is subject.

Appears in 26 contracts

Samples: Deposit and Administration Agreement (Chase Manhattan Bank Usa), Deposit and Administration Agreement (Chase Credit Card Owner Trust 2004-2), Deposit and Administration Agreement (Chase Credit Card Master Trust)

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All Actions Taken. All actions necessary under the applicable UCC in any jurisdiction to be taken (i) to give the Issuer a first priority perfected security interest or ownership interest in the Series Certificate, and (ii) to give the Indenture Trustee a first priority perfected security interest therein (including, without limitation, UCC filings with the Delaware Secretary of State), in each case subject to any statutory or other non-consensual liens with respect to the Series Certificate, have been taken. The Depositor has no actual knowledge of any current statutory or other non-consensual liens to which the Series Certificate is subject.

Appears in 1 contract

Samples: Deposit and Administration Agreement (Chase Credit Card Master Trust)

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