Notices of Adverse Claims. The Intermediary shall promptly notify the Secured Party and the Issuer if any other person claims that it has a property interest in the Trust Accounts or that it is a violation of such person’s rights for anyone else to hold, transfer or deal with the Trust Accounts.
Appears in 3 contracts
Samples: Securities Account Control Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Securities Account Control Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Securities Account Control Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Notices of Adverse Claims. The Intermediary shall promptly notify the Secured Party Party, the Servicer and the Issuer Issuing Entity if any other person claims that it has a property interest in the Trust Accounts or that it is a violation of such person’s rights for anyone else to hold, transfer or deal with the Trust Accounts.
Appears in 2 contracts
Samples: Securities Account Control Agreement (Nissan Auto Lease Trust 2022-A), Securities Account Control Agreement (Nissan Auto Lease Trust 2022-A)
Notices of Adverse Claims. The Intermediary shall promptly notify the Secured Party Party, the Servicer and the Issuer Transferor if any other person claims that it has a property interest in the Trust Accounts or that it is a violation of such person’s rights for anyone else to hold, transfer or deal with the Trust Accounts.
Appears in 1 contract
Samples: Securities Account Control Agreement (Discover Card Master Trust I)
