Common use of Confirmation of Security Interests Clause in Contracts

Confirmation of Security Interests. 7.01 The Borrower hereby confirms its Grant under the Credit and Security Agreement of a security interest in the Collateral to Computershare, as Collateral Agent. In addition, the Borrower hereby confirms its Grant under the 2020-3 Exchange Note Supplement to Computershare, as Collateral Agent on behalf of the 2020-3 Secured Parties, of a security interest in the Collateral and acknowledges and agrees that such Grant includes (but is not limited to) a Grant to Computershare, as Collateral Agent on behalf of the 2020-3 Exchange Noteholder, of a security interest in the Collateral Assets included in the 2020-3 Designated Pool.

Appears in 1 contract

Samples: GMF Leasing LLC

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Confirmation of Security Interests. 7.01 The Borrower hereby confirms its Grant under the Credit and Security Agreement of a security interest in the Collateral to Computershare, as Collateral Agent. In addition, the Borrower hereby confirms its Grant under the 20202021-3 2 Exchange Note Supplement to Computershare, as Collateral Agent on behalf of the 20202021-3 2 Secured Parties, of a security interest in the Collateral and acknowledges and agrees that such Grant includes (but is not limited to) a Grant to Computershare, as Collateral Agent on behalf of the 20202021-3 2 Exchange Noteholder, of a security interest in the Collateral Assets included in the 20202021-3 2 Designated Pool.

Appears in 1 contract

Samples: GMF Leasing LLC

Confirmation of Security Interests. 7.01 The Borrower hereby confirms its Grant under the Credit and Security Agreement of a security interest in the Collateral to Computershare, as Collateral Agent. In addition, the Borrower hereby confirms its Grant under the 20202021-3 Exchange Note Supplement to Computershare, as Collateral Agent on behalf of the 20202021-3 Secured Parties, of a security interest in the Collateral and acknowledges and agrees that such Grant includes (but is not limited to) a Grant to Computershare, as Collateral Agent on behalf of the 20202021-3 Exchange Noteholder, of a security interest in the Collateral Assets included in the 20202021-3 Designated Pool.

Appears in 1 contract

Samples: GMF Leasing LLC

Confirmation of Security Interests. 7.01 The Borrower hereby confirms its Grant under the Credit and Security Agreement of a security interest in the Collateral to Computershare, as Collateral Agent. In addition, the Borrower hereby confirms its Grant under the 2020-3 2 Exchange Note Supplement to Computershare, as Collateral Agent on behalf of the 2020-3 2 Secured Parties, of a security interest in the Collateral and acknowledges and agrees that such Grant includes (but is not limited to) a Grant to Computershare, as Collateral Agent on behalf of the 2020-3 2 Exchange Noteholder, of a security interest in the Collateral Assets included in the 2020-3 2 Designated Pool.

Appears in 1 contract

Samples: GMF Leasing LLC

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Confirmation of Security Interests. 7.01 The Borrower hereby confirms its Grant under the Credit and Security Agreement of a security interest in the Collateral to Computershare, as Collateral Agent. In addition, the Borrower hereby confirms its Grant under the 20202021-3 1 Exchange Note Supplement to Computershare, as Collateral Agent on behalf of the 20202021-3 1 Secured Parties, of a security interest in the Collateral and acknowledges and agrees that such Grant includes (but is not limited to) a Grant to Computershare, as Collateral Agent on behalf of the 20202021-3 1 Exchange Noteholder, of a security interest in the Collateral Assets included in the 20202021-3 1 Designated Pool.

Appears in 1 contract

Samples: GMF Leasing LLC

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