Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing the Receivables and the other property included in the Owner Trust Estate as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing Date.
Appears in 11 contracts
Samples: Purchase Agreement, Purchase Agreement (John Deere Receivables, Inc.), Purchase Agreement (John Deere Receivables, Inc.)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed authorized by and naming the Seller, Seller as seller or debtor, and naming the Purchaser, XXXX as purchaser or secured party, describing naming the Receivables and the other property included in the Owner Trust Estate Purchased Property as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the PurchaserXXXX. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser XXXX of such filing, to the Purchaser XXXX on or prior to the Closing Date.
Appears in 7 contracts
Samples: Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-3), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-3), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-2)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, Purchaser as purchaser or secured party, describing the Receivables and the other property included in the Owner Trust Estate as collateralEstate, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the Purchaser. The Seller shall deliver a file-stamped copy, copy or other evidence satisfactory to the Purchaser of such filing, filing to the Purchaser on or prior to the Closing Date.
Appears in 7 contracts
Samples: Receivables Purchase Agreement (Nal Financial Group Inc), Receivables Purchase Agreement (World Omni Auto Receivables LLC), Receivables Purchase Agreement (Nal Financial Group Inc)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing naming the Receivables and the other property included in the Owner Trust Estate conveyed hereunder as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing Date.
Appears in 6 contracts
Samples: Purchase Agreement (Ford Credit Auto Receivables Two L P), Purchase Agreement (Ford Credit Auto Receivables Two L P), Purchase Agreement (Ford Motor Credit Co)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall will record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing naming the Receivables and the other property included in the Owner Trust Estate as collateralconveyed hereunder, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the Purchaser. The Seller shall will deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing Date.
Appears in 4 contracts
Samples: Purchase Agreement (Ford Credit Auto Receivables Two LLC), Purchase Agreement (Ford Credit Auto Receivables Two LLC), Purchase Agreement (Ford Credit Auto Receivables Two LLC)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed authorized by and naming the Seller, Seller as seller or debtor, and naming the Purchaser, CXXX as purchaser or secured party, describing naming the Receivables and the other property included in the Owner Trust Estate Purchased Property as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the PurchaserCXXX. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser CXXX of such filing, to the Purchaser CXXX on or prior to the Closing Date.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Capital Auto Receivables LLC), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2007-3), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2008-1)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which it is required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing the Receivables and the other property included in the Owner Trust Estate as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing Date.
Appears in 3 contracts
Samples: Purchase Agreement (John Deere Receivables LLC), Purchase Agreement (John Deere Receivables, Inc.), Purchase Agreement (John Deere Receivables LLC)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing the Receivables and the other property included in assets sold, transferred and assigned to the Owner Trust Estate as collateralPurchaser pursuant to Section 2.01 hereof, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of the Receivables and such Receivables other assets to the Purchaser. The Seller shall deliver to the Purchaser a file-stamped copy, copy or other evidence satisfactory to the Purchaser of such filing, to the Purchaser filing on or prior to the Closing Date.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (First Merchants Acceptance Corp), Receivables Purchase Agreement (First Merchants Acceptance Corp), Receivables Purchase Agreement (First Merchants Acceptance Corp)
Evidence of UCC Filing. On or prior to the [Initial] Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed authorized by and naming the Seller, Seller as seller or debtor, and naming the Purchaser, XXXX as purchaser or secured party, describing naming the Receivables and the other property included in the Owner Trust Estate Purchased Property as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the PurchaserXXXX. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser XXXX of such filing, to the Purchaser XXXX on or prior to the [Initial] Closing Date.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Capital Auto Receivables LLC), Pooling and Servicing Agreement (Capital Auto Receivables LLC), Pooling and Servicing Agreement (Capital Auto Receivables LLC)
Evidence of UCC Filing. On or prior to the Closing Transfer Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing the Receivables and the other property included in assets assigned to the Owner Trust Estate as collateralPurchaser pursuant to Section 2.01 hereof, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of the Receivables and such Receivables other assets to the Purchaser. The Seller shall deliver to the Purchaser a file-stamped copy, copy or other evidence satisfactory to the Purchaser of such filing, to the Purchaser filing on or prior to the Closing Transfer Date.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Citigroup Vehicle Securities Inc), Receivables Purchase Agreement (First Merchants Acceptance Corp)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which it is required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing naming the Receivables and the other property included in the Owner Trust Estate conveyed hereunder as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables Receivable to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing Date.
Appears in 2 contracts
Samples: Purchase Agreement (Daimler Benz Vehicle Receivables Corp), Purchase Agreement (Daimler Benz Vehicle Receivables Corp)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 UCC-l financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing the Receivables and the other property included in the Owner Trust Estate Property as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing Date.
Appears in 2 contracts
Samples: Purchase Agreement (Franklin Receivables LLC), Purchase Agreement (Franklin Receivables LLC)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing naming the Initial Receivables and the other property included in the Owner Trust Estate as collateralconveyed hereunder, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Initial Receivables to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing Date.
Appears in 2 contracts
Samples: Purchase Agreement (Ford Credit Auto Receivables Two L P), Purchase Agreement (Ford Credit Auto Receivables Two L P)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing the Trustee, as assignee of the Purchaser, naming the Receivables and the other property included in the Owner Trust Estate conveyed hereunder as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing Date.
Appears in 2 contracts
Samples: Purchase Agreement (Nissan Auto Receivables Corp /De), Purchase Agreement (Nissan Auto Receivables Corp /De)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing naming the Receivables and the other property included in the Owner Trust Estate Property as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such the Receivables and the Property to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing Date.
Appears in 2 contracts
Samples: Purchase Agreement (Nationscredit Grantor Trust 1997-1), Purchase Agreement (Nationscredit Grantor Trust 1997-2)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing the Receivables and the other property included in assets assigned to the Owner Trust Estate as collateralPurchaser pursuant to Section 2.01 hereof, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of the Receivables and such Receivables other assets to the Purchaser. The Seller shall deliver to the Purchaser a file-file- stamped copy, copy or other evidence satisfactory to the Purchaser of such filing, to the Purchaser filing on or prior to the Closing Date.
Appears in 1 contract
Samples: Receivables Purchase Agreement (First Merchants Acceptance Corp)
Evidence of UCC Filing. On or prior to the Closing Date, ---------------------- the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing the Trustee, as assignee of the Purchaser, naming the Receivables and the other property included in the Owner Trust Estate conveyed hereunder as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing Date.
Appears in 1 contract
Samples: Purchase Agreement (Nissan Auto Receivables Corp /De)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing naming the Receivables and the other property included in the Owner Trust Estate conveyed hereunder as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing Date.
Appears in 1 contract
Samples: Purchase Agreement (Ford Credit Auto Receivables Corp)
Evidence of UCC Filing. On or prior to the Closing such Lease Purchase Date, the Seller shall record and file, at its own the Seller's expense, a UCC-1 UCC financing statement statements in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured partypurchaser, describing identifying the Receivables Leases and the other property included in the Owner Trust Estate related Lease Assets as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of its interest in such Receivables Lease Assets to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser Purchaser, of each such filing, to the Purchaser on or prior to the Closing such Lease Purchase Date.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Fidelity Leasing Inc)
Evidence of UCC Filing. On or prior to the Closing related Subsequent Transfer Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing naming the Additional Receivables and the other property included in the Owner Trust Estate as collateralconveyed thereunder, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Additional Receivables to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing related Subsequent Transfer Date.
Appears in 1 contract
Samples: Purchase Agreement (Ford Credit Auto Receivables Two L P)
Evidence of UCC Filing. On or prior to the Closing Transfer Date, the Seller shall record and file, at its own expense, a UCC-1 UCC financing statement statement, in each jurisdiction in which required by applicable law, executed by naming the Seller, Seller as seller or debtor, debtor and naming the Purchaser, Depositor as purchaser or secured party, describing the Receivables and the other property included in assets assigned to the Owner Trust Estate as collateralDepositor pursuant to Section 2.01 hereof, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of the Receivables and such Receivables other assets to the PurchaserDepositor. The Seller shall deliver to the Depositor a file-stamped copy, copy or other evidence satisfactory to the Purchaser Depositor of such filing, to the Purchaser filing on or prior to the Closing Transfer Date.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Hyundai Abs Funding Corp)
Evidence of UCC Filing. On or prior to the Closing Date, the ---------------------- Seller shall record and file, at its own expense, a UCC-1 UCC-l financing statement in each jurisdiction in which required by applicable lawwith the Utah Department of Commerce, executed Division of Corporations and Commercial Code, authorized by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing the Receivables and the other property included in the Owner Trust Estate Property as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing Date.
Appears in 1 contract
Evidence of UCC Filing. On or prior to the Closing Date, the The Seller shall record have recorded and filefiled, at its own expense, a UCC-1 financing statement in each jurisdiction in which filing is required by applicable law, executed by the Seller, as seller or debtorof the Contracts, and naming the Purchaser, as purchaser or secured partyof the Contracts, and the Collateral Agent, as assignee, describing the Receivables Contracts and the other property included in the Owner Trust Estate as collateralconveyed hereunder, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables Contracts to the Purchaser. The Seller shall deliver to the Purchaser, the Collateral Agent, the Indenture Trustee and the Deal Agent a file-stamped copy, or other evidence satisfactory to the Purchaser and the Deal Agent of such filing, to the Purchaser on or prior to the Closing Date.
Appears in 1 contract
Samples: Contract Purchase Agreement (First Investors Financial Services Group Inc)
Evidence of UCC Filing. On or prior to the Closing Transfer Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement statement, in each jurisdiction in which required by applicable law, executed by naming the Seller, Seller as seller or debtor, debtor and naming the Purchaser, Depositor as purchaser or secured party, describing the Receivables and the other property included in assets assigned to the Owner Trust Estate as collateralDepositor pursuant to Section 2.01 hereof, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of the Receivables and such Receivables other assets to the PurchaserDepositor. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing Date.the
Appears in 1 contract
Samples: Receivables Purchase Agreement (Hyundai Abs Funding Corp)
Evidence of UCC Filing. On or prior to the [Initial] Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed authorized by and naming the Seller, Seller as seller or debtor, and naming the Purchaser, CXXX as purchaser or secured party, describing naming the Receivables and the other property included in the Owner Trust Estate Purchased Property as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the PurchaserCXXX. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser CXXX of such filing, to the Purchaser CXXX on or prior to the [Initial] Closing Date.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Capital Auto Receivables LLC)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 UCC-l financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing the Receivables and the other property included in the Owner Trust Estate Property as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing Date.
Appears in 1 contract
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, Purchaser as purchaser or secured party, describing the Receivables and the other property included in the Owner Trust Estate as collateralconveyed hereby, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables to the Purchaser. The Seller shall deliver a file-stamped copy, copy or other evidence satisfactory to the Purchaser of such filing, filing to the Purchaser on or prior to the Closing Date.
Appears in 1 contract
Samples: Receivables Purchase Agreement (World Omni Auto Receivables LLC)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing the Receivables and the other property included in assets assigned to the Owner Trust Estate as collateralPurchaser pursuant to Section 2.01 hereof, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of the Receivables and such Receivables other assets to the Purchaser. The Seller shall deliver to the Purchaser a file-stamped copy, copy or other evidence satisfactory to the Purchaser of such filing, to the Purchaser filing on or prior to the Closing Date.
Appears in 1 contract
Samples: Receivables Purchase Agreement (First Merchants Acceptance Corp)
Evidence of UCC Filing. On or prior to the Closing such Contract Purchase Date, the Seller shall record and file, at its own the Seller's expense, a UCC-1 UCC financing statement statements in each jurisdiction in which required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured partypurchaser, describing identifying the Receivables Contracts and the other property included in the Owner Trust Estate related Contract Assets as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of its interest in such Receivables Contract Assets to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser Purchaser, of each such filing, to the Purchaser on or prior to the Closing such Contract Purchase Date.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Fidelity Leasing Inc)
Evidence of UCC Filing. On or prior to the Closing Date, the Seller shall record and file, at its own expense, a UCC-1 financing statement in each jurisdiction in which it is required by applicable law, executed by the Seller, as seller or debtor, and naming the Purchaser, as purchaser or secured party, describing naming the Receivables and the other property included in the Owner Trust Estate conveyed hereunder as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the sale, transfer, assignment and conveyance of such Receivables Receivable to the Purchaser. The Seller shall deliver a file-stamped copy, or other evidence satisfactory to the Purchaser of such filing, to the Purchaser on or prior to the Closing Dateas soon as practicable.
Appears in 1 contract
Samples: Purchase Agreement (Daimler Benz Vehicle Receivables Corp)