Common use of Grant of Security Interest by the Issuer Clause in Contracts

Grant of Security Interest by the Issuer. In order to secure the performance of Issuer Secured Obligations, to the extent provided herein, the Issuer hereby pledges, assigns, grants, transfers and conveys to the Collateral Agent, on behalf of and for the benefit of the Issuer Secured Parties, a lien on and security interest in (which lien and security interest is intended to be prior to all other Liens), all of its right, title and interest in and to the following (all being collectively referred to herein as the “Spread Account Agreement Collateral” and constituting Spread Account Agreement Collateral hereunder):

Appears in 8 contracts

Samples: Spread Account Agreement (AmeriCredit Automobile Receivables Trust 2005-B-M), Spread Account Agreement (AFS SenSub Corp.), Spread Account Agreement (UPFC Auto Receivables Trust 2005-B)

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Grant of Security Interest by the Issuer. In order to secure the performance of Issuer Secured Obligations, to the extent provided herein, the Issuer hereby pledges, assigns, grants, transfers and conveys to the Collateral Agent, on behalf of and for the benefit of the Issuer Secured Parties, a lien on and security interest in (which lien and security interest is intended to be prior to all other Liens), all of its right, title and interest in and to the following (all being collectively referred to herein as the "Spread Account Agreement Collateral" and constituting Spread Account Agreement Collateral hereunder):

Appears in 3 contracts

Samples: Spread Account Agreement (UPFC Auto Receivables Trust 2005-A), Spread Account Agreement (Americredit Automobile Receivable Trust 2005-D-A), Spread Account Agreement (UPFC Auto Receivables Trust 2004-A)

Grant of Security Interest by the Issuer. In order to secure the performance of Issuer Trust Secured Obligations, to the extent provided herein, the Issuer hereby pledges, assigns, grants, transfers and conveys to the Collateral Agent, on behalf of and for the benefit of the Issuer Trust Secured Parties, a lien on and security interest in (which lien and security interest is intended to be prior to all other Liens), all of its right, title and interest in and to the following (all being collectively referred to herein as the “Spread Account Agreement Collateral” and constituting Spread Account Agreement Collateral hereunder):

Appears in 2 contracts

Samples: Spread Account Agreement (UPFC Auto Receivables Trust 2006-A), Spread Account Agreement (UPFC Auto Receivables Trust 2007-A)

Grant of Security Interest by the Issuer. In order to secure the performance of Issuer Secured Obligations, to the extent provided herein, the Issuer hereby pledges, assigns, grants, transfers and conveys to the Collateral Agent, on behalf of and for the benefit of the Issuer Secured Parties, a lien on and security interest in (which lien and security interest is intended to be prior to all other Liens), all of its right, title and interest in and to the following (all being collectively referred to herein as the Spread Account Agreement Collateral” and constituting Spread Account Agreement Collateral hereunder):

Appears in 1 contract

Samples: Spread Account Agreement (AmeriCredit Automobile Receivables Trust 2005-a-X)

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Grant of Security Interest by the Issuer. In order to secure the performance of Issuer Secured Obligations, to the extent provided herein, the Issuer hereby pledges, assigns, grants, transfers and conveys to the Collateral Agent, on behalf of and for the benefit of the Issuer Secured Parties, a lien on and security interest in (which lien and security interest is intended to be prior to all other Liens), all of its right, title and interest in and to the following (all being collectively referred to herein as the “Spread Account Agreement "Collateral" and constituting Spread Account Agreement Collateral hereunder):

Appears in 1 contract

Samples: Spread Account Agreement (Prudential Securities Secured Financing Corp)

Grant of Security Interest by the Issuer. In order to secure the performance of Issuer Secured Obligations, to the extent provided herein, the Issuer hereby pledges, assigns, grants, transfers and conveys to the Collateral Agent, on behalf of and for the benefit of the Issuer Secured Parties, a lien on and security interest in (which lien and security interest is intended to be prior to all other Liens), all of its right, title and interest in and to the following (all being collectively referred to herein as the " Spread Account Agreement Collateral" and constituting Spread Account Agreement Collateral hereunder):

Appears in 1 contract

Samples: Spread Account Agreement (AmeriCredit Automobile Receivables Trust 2007-a-X)

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