Delivery of Lease Contracts; Filing of Financing Statements Sample Clauses

Delivery of Lease Contracts; Filing of Financing Statements. (a) In connection with the Transferor's acquisition of the Lease Assets, the Company, on behalf of the Transferor, shall deliver the original Lease Contracts and all other items included in the Lease Contract Files to the Trustee so that the Trustee may retain possession thereof as provided in the Transaction Documents. In addition, the Company agrees to record and file prior to the Closing Date or within the time period set forth in the Trust and Security Agreement, at its own expense, financing statements (and thereafter timely continuation statements with respect to such financing statements) with respect to the Lease Assets, meeting the requirements of the Transaction Documents. (b) In connection with each acquisition of Lease Assets by the Transferor hereunder, the Company shall promptly, at its own expense, cause any Electronic Ledger maintained by it to be marked to show that the Lease Assets have been acquired by the Transferor in accordance with this Lease Acquisition Agreement and transferred by the Transferor to the Trustee in accordance with the Transaction Documents.
Sample 1
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Delivery of Lease Contracts; Filing of Financing Statements. (a) In connection with LFC VI's acquisition of the Lease Assets, LFG, on behalf of LFC VI, shall deliver the original Lease Contracts to the Indenture Trustee so that the Indenture Trustee may retain possession thereof as "bailee" (within the meaning of Section 9-305 of the UCC) for the sole benefit of LFC VI; provided that, upon any delivery of such Lease Contracts to the Indenture Trustee pursuant to the terms of the Receivables Purchase Agreement, the Indenture or the Servicing Agreement, the Indenture Trustee shall no longer act as bailee for LFC VI. In addition, LFG agrees to record and file prior to the Closing Date or within the time period set forth in the Indenture, at its own expense, financing statements (and thereafter timely continuation statements with respect to such financing statements) with respect to the Lease Assets, meeting the requirements of the Indenture. (b) In connection with such acquisition, LFG shall promptly, at its own expense, cause any LFG Database maintained by it to be marked to show that the Lease Assets have been acquired by LFC VI in accordance with this Agreement and that the Lease Receivables and the Related Security has been transferred by LFC VI to the Issuer and the Indenture Trustee in accordance with the Transaction Documents.
Sample 1
Delivery of Lease Contracts; Filing of Financing Statements. (a) In connection with the Issuer's acquisition of the Lease Assets, the Contributor, on behalf of the Issuer, shall deliver the original Lease Contracts to the Trustee so that the Trustee may retain possession thereof as provided in the Transaction Documents. In addition, the Contributor agrees to record and file prior to the Closing Date or the Subsequent Transfer Date, as the case may be (or within ninety (90) days thereafter with respect to the assignment to the Issuer and thereafter to the Trustee of filings previously made to perfect a security interest in the Equipment), at its own expense, financing statements (and thereafter timely continuation statements with respect to such financing statements) with respect to the applicable Lease Assets, in accordance with Section 3.01(a)(viii) and Section 4.01(c) hereof. (b) In connection with each such acquisition, the Contributor shall promptly, at its own expense, cause any Electronic Ledger maintained by it to be marked to show which Lease Assets have been acquired by the Issuer in accordance with this Agreement and transferred by the Issuer to the Trustee in accordance with the Transaction Documents. (c) It is the intention of the Contributor and the Issuer that the Issuer is acquiring full and absolute title to the Lease Assets. If it is determined, however, that the Contributor has transferred to the Issuer a security interest in the Lease Assets, then this Agreement shall constitute a security agreement under applicable law and the Contributor does hereby pledge, grant and assign to the Issuer a security interest in the Lease Assets.
Sample 1
Delivery of Lease Contracts; Filing of Financing Statements. (a) In connection with the Issuer's disposition of the Lease Assets, the Company, on behalf of the Issuer and the Contributors, shall deliver the original Lease Contracts to the Indenture Trustee so that the Indenture Trustee may retain possession thereof as provided in the Transaction Documents. In addition, the Company agrees to record and file, at its own expense, financing statements (and thereafter timely continuation statements with respect to such financing statements) with respect to the Lease Assets, meeting the timing and filing requirements of the Transaction Documents. (b) In connection with such acquisition, the Company shall promptly, at its own expense, cause any Electronic Ledger maintained by it to be marked to show that the Lease Assets have been acquired by the Issuer in accordance with this Agreement and transferred by the Issuer to the Indenture Trustee in accordance with the Transaction Documents.
Sample 1
Delivery of Lease Contracts; Filing of Financing Statements. (a) In connection with the Transferor's acquisition of the Lease Assets, the Company, on behalf of the Transferor, shall deliver the original Lease Contracts and all other items included in the Lease Contract Files to the Trustee so that the Trustee may retain possession thereof as provided in the Transaction Documents. In addition, the Company agrees to record and file prior to the Initial Delivery Date or within the time period set forth in the Trust and Security Agreement, at its own expense, financing statements (and thereafter timely continuation statements with respect to such financing statements) with respect to the Lease Assets, meeting the requirements of the Transaction Documents.
Sample 1

Related to Delivery of Lease Contracts; Filing of Financing Statements

  • Filing of Financing Statements The Depositor will file financing and continuation statements, and amendments to the statements, in the jurisdictions and with the filing offices necessary to perfect the Issuer’s interest in the Sold Property. The Depositor will promptly deliver to the Issuer and the Indenture Trustee file-stamped copies of, or filing receipts for, any financing statement, continuation statement and amendment to a previously filed financing statement.

  • Execution of Financing Statements Pursuant to Section 9-402 of the New York UCC and any other applicable law, each Grantor authorizes the Administrative Agent to file or record financing statements and other filing or recording documents or instruments with respect to the Collateral without the signature of such Grantor in such form and in such offices as the Administrative Agent reasonably determines appropriate to perfect the security interests of the Administrative Agent under this Agreement. A photographic or other reproduction of this Agreement shall be sufficient as a financing statement or other filing or recording document or instrument for filing or recording in any jurisdiction.

  • Filing Financing Statements The Issuer has caused, or will cause within ten days after the Closing Date, the filing of all appropriate financing statements in the proper filing office in the appropriate jurisdictions under applicable law to perfect the security interest Granted in the Collateral to the Indenture Trustee under this Indenture. All financing statements filed or to be filed against the Issuer in favor of the Indenture Trustee under this Indenture describing the Collateral will contain the following statement: “A purchase of or grant of a security interest in collateral described in this financing statement will violate the rights of the Secured Parties.”

  • UCC Financing Statements Such UCC financing statements necessary or appropriate to perfect the security interests in the personal property collateral, as determined by the Collateral Agent.

  • Financing Statements Subject to the Standard Qualifications, each Mortgage Loan or related security agreement establishes a valid security interest in, and a UCC-1 financing statement has been filed and/or recorded (or, in the case of fixtures, the Mortgage constitutes a fixture filing) in all places necessary at the time of the origination of the Mortgage Loan (or, if not filed and/or recorded, has submitted or caused to be submitted in proper form for filing and/or recording) to perfect a valid security interest in, the personal property (creation and perfection of which is governed by the UCC) owned by the Mortgagor and necessary to operate such Mortgaged Property in its current use other than (1) non-material personal property, (2) personal property subject to purchase money security interests and (3) personal property that is leased equipment. Each UCC-1 financing statement, if any, filed with respect to personal property constituting a part of the related Mortgaged Property and each UCC-3 assignment, if any, filed with respect to such financing statement was in suitable form for filing in the filing office in which such financing statement was filed. Notwithstanding anything herein to the contrary, no representation is made as to the perfection of any security interest in rents or other personal property to the extent that possession or control of such items or actions other than the filing of Uniform Commercial Code financing statements is required to effect such perfection.

  • Authorization of Financing Statements Each Grantor authorizes the Administrative Agent and its Affiliates, counsel and other representatives, at any time and from time to time, to file or record financing statements, amendments to financing statements, and other filing or recording documents or instruments with respect to the Collateral in such form and in such offices as the Administrative Agent reasonably determines appropriate to perfect the security interests of the Administrative Agent under this Agreement, and such financing statements and amendments may described the Collateral covered thereby as “all assets of the debtor”, “all personal property of the debtor” or words of similar effect. Each Grantor hereby also authorizes the Administrative Agent and its Affiliates, counsel and other representatives, at any time and from time to time, to file continuation statements with respect to previously filed financing statements. A photographic or other reproduction of this Agreement shall be sufficient as a financing statement or other filing or recording document or instrument for filing or recording in any jurisdiction.

  • Financing Statements, Etc The Grantor hereby authorizes the Secured Party to file (with a copy thereof to be provided to the Grantor contemporaneously therewith), at any time and from time to time thereafter, all financing statements, financing statement assignments, continuation financing statements, and UCC filings, in form reasonably satisfactory to the Secured Party. The Grantor shall execute and deliver and shall take all other action, as the Secured Party may reasonably request, to perfect and continue perfected, maintain the priority of or provide notice of the security interest of the Secured Party in the Collateral (subject to the terms hereof) and to accomplish the purposes of this Agreement. Without limiting the generality of the foregoing, the Grantor ratifies and authorizes the filing by the Secured Party of any financing statements filed prior to the date hereof that accomplish the purposes of this Agreement.

  • Financing Statement To the extent permitted by applicable law, a carbon, photographic or other reproduction of this Agreement or any financing statement covering the Collateral shall be sufficient as a financing statement.

  • Absence of Financing Statements, etc Except with respect to Permitted Liens, there is no financing statement, security agreement, chattel mortgage, real estate mortgage or other document filed or recorded with any filing records, registry or other public office, that purports to cover, affect or give notice of any present or possible future Lien on any assets or property of the Borrower or any of its Subsidiaries or any rights relating thereto.

  • Other Financing Statements As of the date hereof, there is no financing statement (or similar statement or instrument of registration under the law of any jurisdiction) covering or purporting to cover any interest of any kind in the Collateral (other than financing statements filed in respect of Permitted Liens), and so long as the Termination Date has not occurred, such Assignor will not execute or authorize to be filed in any public office any financing statement (or similar statement or instrument of registration under the law of any jurisdiction) or statements relating to the Collateral, except financing statements filed or to be filed in respect of and covering the security interests granted hereby by such Assignor or in connection with Permitted Liens.

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