No Legal Title to Collateral in Holders. No holder of a Loan Certificate shall have legal title to any part of the Collateral. No transfer, by operation of law or otherwise, of any Loan Certificate or other right, title and interest of any holder of a Loan Certificate in and to the Collateral or hereunder shall operate to terminate this Security Agreement or entitle such holder or any successor or transferee of such holder to an accounting or to the transfer to it of legal title to any part of the Collateral.
Appears in 5 contracts
Samples: Security Agreement (Airtran Holdings Inc), Security Agreement (Airtran Holdings Inc), Security Agreement (Airtran Holdings Inc)
