Common use of Filing and Maintenance of Financing Statements and Security Interests Clause in Contracts

Filing and Maintenance of Financing Statements and Security Interests. (a) The Sponsor will file financing statements and continuation statements in the manner and place required by law to preserve, maintain and protect the interest of the Depositor in the Purchased Property. The Sponsor will deliver to the Depositor file-stamped copies of, or filing receipts for, any financing statement and continuation statement promptly upon such document becoming available following filing.

Appears in 39 contracts

Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2014-A), Purchase Agreement (Ford Credit Auto Owner Trust 2014-A), Purchase Agreement (Ford Credit Auto Owner Trust 2013-D)

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Filing and Maintenance of Financing Statements and Security Interests. (a) The Sponsor will file financing statements and continuation statements in the manner and place required by law to preserve, maintain and protect the interest of the Depositor in the Purchased Property. The Sponsor will deliver to the Depositor file-stamped copies of, or filing receipts for, any financing statement and continuation statement promptly upon such the document becoming available following filing.

Appears in 8 contracts

Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-B), Purchase Agreement (Ford Credit Auto Owner Trust 2015-A)

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