No Instruments. Neither the Servicer nor the Collateral Custodian shall take any action to cause any Receivable to be evidenced by any Instrument or “tangible chattel paper” (as defined in the UCC).
Appears in 8 contracts
Sources: Loan Agreement (Lendbuzz Inc.), Loan Agreement (Lendbuzz Inc.), Loan Agreement (Lendbuzz Inc.)
No Instruments. Neither the Servicer nor the Collateral Custodian shall take any action to cause any Receivable to be evidenced by any Instrument or “tangible chattel paper” (as defined in the UCC).
Appears in 2 contracts
Sources: Loan Agreement (Lendbuzz Inc.), Loan Agreement (Lendbuzz Inc.)