Ownership of the Borrower. One hundred percent (100%) of the ------------------------- outstanding beneficial interest in the Borrower is and will be directly owned (both beneficially and of record) by two holders and such holders shall not include any Person other than the Primary Seller and the Secondary Seller. All such certificates are and will be validly issued, and there are no options, warrants or other rights to acquire such certificates of the Borrower.
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Samples: Security and Funding Agreement (Americredit Corp), Security and Funding Agreement (Americredit Corp)
Ownership of the Borrower. One hundred percent (100%) of the ------------------------- outstanding beneficial interest in the Borrower is and will be directly owned (both beneficially and of record) by two holders and such holders shall not include any Person other than the Primary Seller and the Secondary Seller. All certificates evidencing such certificates beneficial interests are and will be validly issued, and there are no options, warrants or other rights to acquire such certificates of the Borrower.
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Ownership of the Borrower. One hundred percent (100%) of the ------------------------- outstanding beneficial interest in the Borrower is and will be directly owned (both beneficially and of record) by two holders and such holders shall not include any Person other than the Primary Seller and the Secondary Seller. All such certificates are and will be validly issued, and there are no options, warrants or other rights to acquire such certificates of the Borrower.
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Ownership of the Borrower. One hundred percent (100%) of the ------------------------- outstanding beneficial interest in the Borrower is Certificates are and will be directly owned (both beneficially and of record) by at least two holders and such holders shall not include any Person other than the Primary Seller and the Secondary SellerAFS or AFC. All such certificates Certificates are and will be validly issued, and there are no options, warrants or other rights to acquire such certificates of Certificates or other equity rights in the Borrower.
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