Common use of Chattel Paper Clause in Contracts

Chattel Paper. The Receivable is either “tangible chattel paper” or “electronic chattel paper” within the meaning of the applicable UCC and there is only one original authenticated copy of the Receivable.

Appears in 75 contracts

Samples: Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2022-A), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2022-A), Receivables Purchase Agreement (Ford Credit Auto Receivables Two LLC)

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Chattel Paper. The Each Receivable is constitutes either “tangible chattel paper” or “electronic chattel paper” within the meaning of the applicable UCC and there is only one original authenticated copy of the each Receivable.

Appears in 25 contracts

Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2014-A), Purchase Agreement (Ford Credit Auto Owner Trust 2014-A), Purchase Agreement (Ford Credit Auto Owner Trust 2013-D)

Chattel Paper. The Receivable is either "tangible chattel paper" or "electronic chattel paper" within the meaning of the applicable UCC and there is only one original authenticated copy of the Receivable.

Appears in 18 contracts

Samples: Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2024-C), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2024-C), Receivables Purchase Agreement (Ford Credit Auto Receivables Two LLC)

Chattel Paper. The Each Receivable is constitutes either "tangible chattel paper" or "electronic chattel paper" within the meaning of the applicable UCC and there is only one original authenticated copy of the each Receivable.

Appears in 13 contracts

Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2010-B), Purchase Agreement (Ford Credit Auto Owner Trust 2010-A), Purchase Agreement (Ford Credit Auto Owner Trust 2009-A)

Chattel Paper. The Each Receivable is either “tangible chattel paper” or “electronic chattel paper” within the meaning of the applicable UCC and there is only one original authenticated copy of the each Receivable.

Appears in 8 contracts

Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-A)

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Chattel Paper. The Receivable is either “tangible chattel paper” or “electronic chattel paper” within the meaning of the applicable UCC and (A) if the Receivable is tangible chattel paper, there is only one executed or otherwise authenticated original authenticated of such Receivable or (B) if the Receivable is electronic chattel paper, there is only one authoritative copy of the record or records (as defined in the UCC) comprising such Receivable.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Honda Auto Receivables 2020-1 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2020-1 Owner Trust)

Chattel Paper. The Each Receivable is constitutes either "tangible chattel paper” or “paper"or "electronic chattel paper” within paper"within the meaning of the applicable UCC and there is only one original authenticated copy of the each Receivable.

Appears in 1 contract

Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2008-A)

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