Common use of GRANT OF SECURITY INTEREST BY OFL AND THE SELLER Clause in Contracts

GRANT OF SECURITY INTEREST BY OFL AND THE SELLER. (a) In order to secure the performance of the Secured Obligations with respect to each Series, the Seller (and OFL, to the extent it may have any rights therein) hereby pledges, assigns, grants, transfers and conveys to the Collateral Agent, on behalf of and for the benefit of the Secured Parties to secure the Secured Obligations with respect to each Series, a lien on and security interest in (which lien and security interest is intended to be prior to all other liens, security interest or other encumbrances), all of its right, title and interest in and to the following (all being collectively referred to herein as the "Series 1993-A Collateral"):

Appears in 5 contracts

Samples: Spread Account Agreement (Olympic Financial LTD), Spread Account Agreement (Olympic Financial LTD), Spread Account Agreement (Olympic Financial LTD)

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GRANT OF SECURITY INTEREST BY OFL AND THE SELLER. (a) In order to secure the performance of the Secured Obligations with respect to each Series, the Seller (and OFL, to the extent it may have any rights therein) hereby pledges, assigns, grants, transfers and conveys to the Collateral Agent, on behalf of and for the benefit of the Secured Parties to secure the Secured Obligations with respect to each Series, a lien on and security interest in (which lien and security interest is intended to be prior to all other liens, security interest or other encumbrances), all of its right, title and interest in and to the following (all being collectively referred to herein as the "Series 1993-A Collateral"):

Appears in 2 contracts

Samples: Spread Account Agreement (Arcadia Financial LTD), Spread Account Agreement (Arcadia Financial LTD)

GRANT OF SECURITY INTEREST BY OFL AND THE SELLER. (a) In order to secure the performance of the Secured Obligations with respect to each Series, the Seller (and OFL, to the extent it may have any rights therein) hereby pledges, assigns, grants, transfers and conveys to the Collateral Agent, on behalf of and for the benefit of the Secured Parties to secure the Secured Obligations with respect to each SeriesObligations, a lien on and security interest in (which lien and security interest is intended to be prior to all other liens, security interest interests or other encumbrances), all of its right, title and interest in and to the following (all being collectively referred to herein as the "Series 19931996-A D Collateral"):

Appears in 1 contract

Samples: Spread Account Agreement (Olympic Financial LTD)

GRANT OF SECURITY INTEREST BY OFL AND THE SELLER. (a) In order to secure the performance of the Secured Obligations with respect to each Series, the Seller (and OFL, to the extent it may have any rights therein) hereby pledges, assigns, grants, transfers and conveys to the Collateral Agent, on behalf of and for the benefit of the Secured Parties to secure the Secured Obligations with respect to each Series(as defined in the Spread Account Agreement), a lien on and security interest in (which lien and security interest is intended to be prior to all other liens, security interest or other encumbrances), all of its right, title and interest in and to the following (all being collectively referred to herein as the "Warehousing Series 1993-A Collateral"):

Appears in 1 contract

Samples: Warehousing Series Supplement (Olympic Financial LTD)

GRANT OF SECURITY INTEREST BY OFL AND THE SELLER. (a) In order to secure the performance of the Secured Obligations with respect to each Series, the Seller (and OFL, to the extent it may have any rights therein) hereby pledges, assigns, grants, transfers and conveys to the Collateral Agent, on behalf of and for the benefit of the Secured Parties to secure the Secured Obligations with respect to each SeriesObligations, a lien on and security interest in (which lien and security interest is intended to be prior to all other liens, security interest interests or other encumbrances), all of its right, title and interest in and to the following (all being collectively referred to herein as the "Series 19931995-A D Collateral"):

Appears in 1 contract

Samples: Arcadia Financial LTD

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GRANT OF SECURITY INTEREST BY OFL AND THE SELLER. (a) In order to secure the performance of the Secured Obligations with respect to each Series, the Seller (and OFL, to the extent it may have any rights therein) hereby pledges, assigns, grants, transfers and conveys to the Collateral Agent, on behalf of and for the benefit of the Secured Parties to secure the Secured Obligations with respect to each SeriesObligations, a lien on and security interest in (which lien and security interest is intended to be prior to all other liens, security interest interests or other encumbrances), all of its right, title and interest in and to the following (all being collectively referred to herein as the "Series 19931997-A Collateral"):

Appears in 1 contract

Samples: Spread Account Agreement (Olympic Financial LTD)

GRANT OF SECURITY INTEREST BY OFL AND THE SELLER. (a) In order to secure the performance of the Secured Obligations with respect to each Series, the Seller (and OFL, to the extent it may have any rights therein) hereby pledges, assigns, grants, transfers and conveys to the Collateral Agent, on behalf of and for the benefit of the Secured Parties to secure the Secured Obligations with respect to each SeriesObligations, a lien on and security interest in (which lien and security interest is intended to be prior to all other liens, security interest interests or other encumbrances), all of its right, title and interest in and to the following (all being collectively referred to herein as the "Series 19931996-A C Collateral"):

Appears in 1 contract

Samples: Olympic Financial LTD

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