Notice of Adverse Claim. Each of the Borrower and the Servicer ----------------------- shall advise the Deal Agent and the Collateral Agent promptly, in reasonable detail, (i) of any Adverse Claim known to it made or asserted against any of the Collateral, and (ii) of the occurrence of any event which would have a material adverse effect on the aggregate value of the Collateral or on the assignments and security interests granted by the Borrower in this Agreement.
Appears in 1 contract
Samples: Receivables Funding and Servicing Agreement (Consumer Portfolio Services Inc)
Notice of Adverse Claim. Each of the Borrower and the Servicer ----------------------- shall advise the Deal Administrative Agent and the Collateral Agent Insurer promptly, in reasonable detail, (i) of any Adverse Claim known to it made or asserted against any of the Collateral, Collateral and (ii) of the occurrence of any event which would have a material adverse effect on the aggregate value of the Collateral or on the assignments and security interests granted by the Borrower in this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (CNL American Properties Fund Inc)
Notice of Adverse Claim. Each of the Borrower and the Servicer ----------------------- shall advise the Deal Agent Investors, the Agent, the Insurer and the Collateral Agent Custodian promptly, in reasonable detail, (i) of any Adverse Claim known to it made or asserted against any of the Borrower Collateral, and (ii) of the occurrence of any event which would have a material adverse effect on the aggregate value of the Borrower Collateral or on the assignments and security interests granted by the Borrower in this Agreement.
Appears in 1 contract
Samples: Receivables Financing Agreement (Acc Consumer Finance Corp)
Notice of Adverse Claim. Each of the Borrower and the Servicer ----------------------- shall advise the Deal Agent and the Collateral Agent promptly, in reasonable detail, (i) of any Adverse Claim known to it made or asserted against any of the Collateral which would have a material adverse effect on the value of the Collateral, and (ii) of the occurrence of any event which would have a material adverse effect on the aggregate value of the Collateral or on the assignments and security interests granted by the Borrower in this Agreement.
Appears in 1 contract
Samples: Franchise Receivable Funding and Servicing Agreement (CNL American Properties Fund Inc)
