Common use of Existing Financing Statements Clause in Contracts

Existing Financing Statements. There is no financing statement or ----------------------------- similar statement or instrument of registration naming such RPA Seller as "debtor", "transferor" or similar party (other than those, if any, which have been released or terminated or the scope of which has otherwise been effectively limited) under the law of any jurisdiction now on file or registered in any public office covering any interest of any kind in the Accounts or Receivables, or intended so to be, and such RPA Seller will not execute or authorize there to be on file in any public office any financing statement or similar statement or instrument of registration under the laws of any jurisdiction relating to the Accounts or Receivables, except (i) any financing statements or assignments to be filed in respect of and covering any security or other interest of Buyer or the Indenture Trustee pursuant to this Agreement or the Transfer and Servicing Agreement, and (ii) any financing statements filed against FCNB with respect to its regular transfers of receivables to SAC.

Existing Financing Statements. There is no financing statement or ----------------------------- similar statement or instrument of registration naming such RPA Seller as "debtor", "transferor" or similar party (other than those, if any, which have been released or terminated or the scope of which has otherwise been effectively limited) under the law of any jurisdiction now on file or registered in any public office covering any interest of any kind in the Accounts or Receivables, or intended so to be, and such RPA Seller will not execute or authorize there to be on file in any public office any financing statement or similar statement or instrument of registration under the laws of any jurisdiction relating to the Accounts or Receivables, except (i) any financing statements or assignments to be filed in respect of and covering any security or other interest of Buyer or the Indenture Trustee pursuant to this Agreement or the Transfer and Servicing Agreement, and (ii) any financing statements filed against FCNB with respect to its regular transfers of receivables to SAC.

Existing Financing Statements. There is no financing statement ----------------------------- or ----------------------------- similar statement or instrument of registration naming such RPA Seller as "debtor", ," "transferor" or similar party (other than those, if any, which have been released or terminated or the scope of which has otherwise been effectively limited) under the law of any jurisdiction now on file or registered in any public office covering any interest of any kind in the Accounts or Receivables, or intended so to be, and such RPA Seller will not execute or authorize there to be on file in any public office any financing statement or similar statement or instrument of registration under the laws of any jurisdiction relating to the Accounts or Receivables, except (i) any financing statements or assignments to be filed in respect of and covering any security or other interest of Buyer or the Indenture Trustee pursuant to this Agreement or the Transfer and Servicing Agreement, and (ii) any financing statements filed against FCNB with respect to its regular transfers of receivables to SAC.

Existing Financing Statements. There is no financing statement or ----------------------------- similar statement or instrument of registration naming such RPA Seller as "debtor", "transferor" or similar party (other than those, if any, which have been released or terminated or the scope of which has otherwise been effectively limited) under the law of any jurisdiction now on file or registered in any public office covering any interest of any kind in the Accounts or Receivables, or intended so to be, and such RPA Seller will not execute or authorize there to be on file in any public office any financing statement or similar statement or instrument of registration under the laws of any jurisdiction relating to the Accounts or Receivables, except (i) any financing statements or assignments to be filed in respect of and covering any security or other interest of Buyer or the Indenture Trustee pursuant to this Agreement or the Transfer and Servicing Agreement, and (ii) any financing statements filed against FCNB with respect to its regular transfers of receivables to SAC.