Common use of Collateral; Security Interest Clause in Contracts

Collateral; Security Interest. (a) The Collateral Agent shall hold the Required Documents delivered to it pursuant to terms of the Custodial Agreement, as secured party for the benefit of the Lender and the Hedge Counterparty pursuant to Section 4.01(c), and shall deliver Certifications to the Lender each to the effect that it has reviewed such Contract Documents in the manner and to the extent required by the Custodial Agreement and identifying any exceptions in such Contract Documents as so reviewed in the Contract Exception Reports.

Appears in 3 contracts

Samples: Secured Loan Agreement (LEAF Equipment Leasing Income Fund III, L.P.), Secured Loan Agreement (Lease Equity Appreciation Fund II, L.P.), Secured Loan Agreement (Lease Equity Appreciation Fund I Lp)

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Collateral; Security Interest. (a) The Collateral Agent shall hold the Required Contract Documents delivered to it (other than the Servicing Documents) pursuant to terms of the Custodial Agreement, as secured party for the benefit of the Lender and the Hedge Counterparty pursuant to Section 4.01(c), and shall deliver Certifications to the Lender each to the effect that it has reviewed such Contract Documents in the manner and to the extent required by the Custodial Agreement and identifying any exceptions in such Contract Documents as so reviewed in the Contract Exception Reports.

Appears in 1 contract

Samples: Warehouse and Security Agreement (Financial Pacific Co)

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