Common use of Creditor Approval Clause in Contracts

Creditor Approval. Originator has obtained from its creditors (i) all approvals necessary to sell and assign the Receivables, the Related Security, the Collections and the related Proceeds and (ii) releases of any security interests in the Receivables, the Related Security, the Collections and the related Proceeds.

Creditor Approval. Such Originator has obtained from its creditors (i) all approvals necessary to sell and assign the Receivables, the Related Security, the Collections and the related Proceeds and (ii) releases of any security interests in the Receivables, the Related Security, the Collections and the related Proceeds.

Creditor Approval. Such Originator has obtained from its creditors (i) all approvals necessary to sell and assign the its Receivables, the Related Security, the Collections and the related Proceeds and (ii) releases of any security interests in the its Receivables, the Related Security, the Collections and the related Proceeds.