Common use of Identification of Assets Clause in Contracts

Identification of Assets. In identifying Closed-End Assets in the Warehouse Facility Pool to be allocated to any Wind-Down Pool, the Closed-End Servicer will identify to the Closed-End Collateral Agent: (i) Closed-End Leases by account number; (ii) Closed-End Vehicles by vehicle identification number; and any other assets included in the Warehouse Facility Pool by such description in such form that will permit the Closed-End Collateral Agent to identify such assets separately from any other Closed-End Assets.

Appears in 4 contracts

Samples: Collateral Agency Agreement (World Omni LT), Collateral Agency Agreement (World Omni LT), Collateral Agency Agreement (World Omni LT)

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