Common use of Ownership; Security Interest Clause in Contracts

Ownership; Security Interest. It has taken or caused to be taken all actions, including necessary filings, to evidence the Purchaser’s first priority ownership or security interest in all Receivables (whether existing or thereafter arising) sold by it;

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Ferguson Enterprises Inc. /DE/), Receivables Purchase Agreement (Ferguson PLC), Purchase and Contribution Agreement (Ferguson PLC)

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Ownership; Security Interest. It has taken or caused to be taken all actions, including necessary filings, to evidence the Purchaser’s first priority ownership or security interest in all Receivables (whether existing or thereafter arising) sold by it);

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Phillips 66)

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