Common use of Ownership Interest, Etc Clause in Contracts

Ownership Interest, Etc. Each Seller shall, at its expense, take all action necessary or desirable to establish and maintain a valid and enforceable ownership or security interest in the Pool Receivables and the Related Security and Collections and other proceeds with respect thereto, and a first priority perfected ownership or security interest in the Pool Assets, in each case free and clear of any Adverse Claim, in favor of the Purchaser, including, without limitation, taking such action to perfect, protect or more fully evidence the interest of the Purchaser under the Agreement as the Purchaser, through the Agent, may request.

Ownership Interest, Etc. Each The Seller shall, at its expense, take all action necessary or desirable to establish and maintain a valid and enforceable ownership or security interest in the Pool Receivables and the Related Security and Collections and other proceeds with respect thereto, and a first priority perfected ownership or security interest in the Pool Assets, in each case free and clear of any Adverse Claim, in favor of the Purchaser, including, without limitation, taking such action to perfect, protect or more fully evidence the interest of the Purchaser under the Agreement as the Purchaser, through the Agent, may request.

Ownership Interest, Etc. Each The Seller shall, at its expense, take all action necessary or desirable to establish and maintain a valid and enforceable ownership or security interest in the Pool Receivables and Receivables, the Related Security and Collections and other proceeds with respect thereto, and a first priority perfected ownership or security interest in the Pool Affected Assets, in each case free and clear of any Adverse Claim, in favor of the Purchaser, including, without limitation, including taking such action to perfect, protect or more fully evidence the interest of the Purchaser under the Agreement Purchaser, as the Purchaser, through the Agent, Purchaser may reasonably request.

Ownership Interest, Etc. Each The Seller shall, at its expense, take all action necessary or desirable to establish and maintain a valid and enforceable ownership or security interest in the Pool Receivables and Receivables, the Related Security and Collections and other proceeds with respect thereto, and a first priority perfected ownership or security interest in the Pool AssetsReceivable Interest, in each case free and clear of any Adverse Claim, in favor of the PurchaserAgent for the benefit of the Banks, including, without limitation, including taking such action to perfect, protect or more fully evidence the interest of the Purchaser under the Agreement Agent, as the Purchaser, through the Agent, Agent may reasonably request.

Ownership Interest, Etc. Each The Seller shall, at its expense, take all action necessary or desirable to establish and maintain a valid and enforceable ownership or security interest in the Pool Receivables and Receivables, the Related Security and Collections and other proceeds with respect thereto, and a first priority perfected ownership or security interest in the Pool AssetsReceivable Interest, in each case free and clear of any Adverse Claim, in favor of the PurchaserAgent for the benefit of the Investors and the Banks, including, without limitation, including taking such action to perfect, protect or more fully evidence the interest of the Purchaser under the Agreement Agent, as the Purchaser, through the Agent, Agent may reasonably request.