Certain Representations Regarding the Trust Estate. (a) With respect to that portion of the Collateral described in clauses (a) through (d) of the definition of Trust Estate, the Issuer represents to the Indenture Trustee that: (i) This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Collateral in favor of the Indenture Trustee, which security interest is prior to all other liens, and is enforceable as such as against creditors of and purchasers from the Issuer. (ii) The Collateral constitutes "deposit accounts", "chattel paper", "general intangibles" or "instruments," as applicable, within the meaning of the applicable UCC.
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Samples: Indenture (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2005-A), Indenture (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2005-B), Indenture (Origen Residential Securities, Inc.)
Certain Representations Regarding the Trust Estate. (a) With respect to that portion of the Collateral described in clauses (a) through (dc) of the definition of Trust Estate, the Issuer represents to the Indenture Trustee that:
(i) This Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Collateral in favor of the Indenture Trustee, which security interest is prior to all other liens, and is enforceable as such as against creditors of and purchasers from the Issuer.
(ii) The Collateral constitutes "deposit accounts," ", "chattel paper", "general intangiblesinstruments" or "instrumentscertificated securities," as applicable, applicable within the meaning of the applicable UCC.
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Samples: Indenture (Merrill Lynch Mortgage Investors Trust, Series 2005-2)
