Common use of Marked Records Clause in Contracts

Marked Records. By the Closing Date or the related Funding Date, as applicable, each of the Contributor and the Depositor will have caused the portions of its records relating to the Receivables to be clearly and unambiguously marked to show that the Receivables constitute part of the Trust Estate and are owned by the Issuer and pledged to the Indenture Trustee.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Bay View Capital Corp), Sale and Servicing Agreement (Bay View Capital Corp), Sale and Servicing Agreement (Bay View Capital Corp)

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Marked Records. By the Closing Date or the related Funding Date, as applicable, each of the Contributor and the Depositor will have caused the portions of its records relating to the Receivables to be clearly and unambiguously marked to show that the Receivables have been transferred by the Contributor to the Depositor hereunder, and have been transferred by the Depositor to the Issuer and constitute part of the Trust Estate and are owned by the Issuer and pledged to the Indenture Trustee.

Appears in 2 contracts

Samples: Contribution Agreement (Bay View Capital Corp), Contribution Agreement (Bay View Capital Corp)

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