No Instruments. The Servicer shall take no action to cause any Receivable to be evidenced by any Instrument or “electronic chattel paper” (as defined in the UCC).
Appears in 5 contracts
Samples: Warehouse Agreement (Vroom, Inc.), Warehouse Agreement (Vroom, Inc.), Credit Agreement (Regional Management Corp.)
No Instruments. The Servicer shall take no action to cause any Receivable to be evidenced by any Instrument or “electronic chattel paper” instrument (as defined in the UCC as in effect in the Relevant UCC).
Appears in 1 contract
No Instruments. The Servicer shall take no action to cause any Receivable to be evidenced by any Instrument or “"electronic chattel paper” " (as defined in the UCC).
Appears in 1 contract
Samples: Loan Agreement (Lithia Motors Inc)