Failure to Maintain Security Interest. It shall be an Additional Termination Event with the Trust the Affected Party if the Trust fails to maintain the first priority perfected security interest of CMB in the Collateral under the Indenture.
Appears in 2 contracts
Samples: Master Agreement (Mmca Auto Owner Trust 2001-3), Master Agreement (Mmca Auto Owner Trust 2001-3)
Failure to Maintain Security Interest. It shall be an Additional Termination Event with the Trust the Affected Party if the Trust fails to maintain the first priority perfected security interest of CMB MSCS in the Collateral under the Indenture.
Appears in 2 contracts
Samples: Master Agreement (Mmca Auto Owner Trust 2001 2), Isda Master Agreement (Mmca Auto Receivables Trust)
Failure to Maintain Security Interest. It shall be an Additional Termination Event with the Trust the Affected Party if the Trust fails to maintain the MLCS' first priority perfected security interest of CMB in the Collateral under the Indenture.
Appears in 1 contract
Failure to Maintain Security Interest. It shall be an Additional Termination Event with the Trust the Affected Party if the Trust fails to maintain the [ ]' first priority perfected security interest of CMB in the Collateral under the Indenture.
Appears in 1 contract
