Evidence of UCC Filings. On or prior to the Closing Date or Funding Date, as the case may be, the Seller shall provide the Owner Trustee evidence that the Seller has recorded and filed, at the expense of the Transferor, (A) Termination Statements in each jurisdiction in which required by applicable law, if any, to release any prior security interests in the Receivables granted by the Seller and (B) UCC financing statements in each jurisdiction in which required by applicable law, authorized by the Seller, as seller or debtor, and naming the Owner Trustee, as purchaser or secured party, identifying the Receivables and the other Trust Property as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the transfer of such Receivables to the Owner Trustee. The Seller shall deliver the Perfection UCC's, or other evidence satisfactory to the Owner Trustee of such filing, to the Indenture Trustee within thirty (30) days following the Closing Date or Funding Date, as the case may be, or promptly following such later date as such file-stamped copies or other evidence is received by or on behalf of the Owner Trustee.
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Samples: Contribution Agreement (Capital One Auto Receivables Trust 2001-B), Contribution Agreement (Capital One Auto Receivables LLC), Contribution Agreement (Capital One Auto Finance Trust 2002-A)
Evidence of UCC Filings. On or prior to the Closing Date or Funding Date, as the case may be, the Seller shall provide the Owner Trustee evidence that the Seller has recorded and filed, at the expense of the Transferor, (A) Termination Statements in each jurisdiction in which required by applicable law, if any, to release any prior security interests in the Receivables granted by the Seller and (B) UCC financing statements in each jurisdiction in which required by applicable law, authorized executed by the Seller, as seller or debtor, and naming the Owner Trustee, as purchaser or secured party, identifying the Receivables and the other Trust Property as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the transfer of such Receivables to the Owner Trustee. The Seller shall deliver the Perfection UCC's, or other evidence satisfactory to the Owner Trustee of such filing, to the Indenture Trustee within thirty (30) days following the Closing Date or Funding Date, as the case may be, or promptly following such later date as such file-stamped copies or other evidence is received by or on behalf of the Owner Trustee.the
Appears in 1 contract
Samples: Contribution Agreement (Capital One Auto Receivables LLC)
Evidence of UCC Filings. On or prior to the Closing Date or Funding Date, as the case may be, the Seller shall provide the Owner Trustee Trust evidence that the Seller has recorded and filed, at the expense of the Transferor, (A) Termination Statements in each jurisdiction in which required by applicable law, if any, to release any prior security interests in the Receivables granted by the Seller and (B) UCC financing statements in each jurisdiction in which required by applicable law, authorized by the Seller, as seller or debtor, and naming the Owner TrusteeTrust, as purchaser or secured party, identifying the Receivables and the other Trust Contributed Property as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect the transfer of such Receivables to the Owner TrusteeTrust. The Seller shall deliver the Perfection UCC's, or other evidence satisfactory to the Owner Trustee Trust of such filing, to the Indenture Trustee within thirty (30) days following the Closing Date or Funding Date, as the case may be, or promptly following such later date as such file-stamped copies or other evidence is received by or on behalf of the Owner TrusteeTrust.
Appears in 1 contract
Samples: Contribution Agreement (Capital One Auto Receivables LLC)
Evidence of UCC Filings. On The Seller shall record and file, at its own expense, (A) on or prior to the Closing Date or Funding initial Sale Date, as the case may be, the Seller shall provide the Owner Trustee evidence that the Seller has recorded and filed, at the expense of the Transferor, (A) Termination Statements UCC-3 termination statements in each jurisdiction in which required by applicable law, if any, to release effective as of each Sale Date any prior security interests in the related Receivables granted by the Seller Seller, and (B) on or prior to the initial Sale Date, UCC financing statements in each jurisdiction in which required by applicable law, authorized executed by the Seller, Seller as seller or debtor, and naming the Owner TrusteePurchaser as purchaser or secured party, naming the Trustee as assignee of such purchaser or secured party, identifying the Receivables and the other Trust Property being sold hereunder as collateral, meeting the requirements of the laws of each such jurisdiction and in such manner as is necessary to perfect effective as of each Sale Date the transfer sale, transfer, assignment and conveyance of such Receivables to the Owner Purchaser and the sale, transfer, assignment and conveyance thereof to the Trustee. The Seller shall deliver the Perfection UCC'sfile-stamped copies, or other evidence satisfactory to the Owner Purchaser and the Trustee of such filing, to the Indenture Purchaser and the Trustee within thirty (30) days following on or prior to the Closing Date or Funding initial Sale Date, as the case may be, or promptly following such later date as such file-stamped copies or other evidence is received by or on behalf of the Owner Trustee.
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Samples: Master Purchase Agreement (Aegis Consumer Funding Group Inc)