PERFECTION OF TRANSFER. AND PROTECTION OF SECURITY INTERESTS
PERFECTION OF TRANSFER. (a) The Depositor and the Company shall file such Uniform Commercial Code financing statements and assignments as are described in Sections 3.01and 3.02 in accordance with such Sections and take such other actions as are required (i) to perfect the sale by the Company to the Depositor of the Loans and the related Loan Assets, (ii) to assign to the Trustee all Uniform Commercial Code financing statements perfecting the security interest of the Depositor (as assignee of the Company) in the related Loan Collateral, (iii) to perfect the first priority security interest of the Trustee in the Loans and the related Loan Assets and (iv) to cause any related Loan Collateral (including any Mortgages) to name the Trustee as lienholder. From time to time thereafter, the Servicer shall take or cause to be taken such actions and execute such documents as are necessary to perfect and protect the Trustee's interest in the Loans and the Loan Collateral against all other Persons, including the filing of financing statements, amendments thereto and continuation statements, the execution of transfer instruments and the making of notations on or taking possession of all records.
PERFECTION OF TRANSFER. If, at any time after the Closing Date, any further action is necessary or desirable to vest, perfect or confirm in the Buyer title to or ownership or possession of the EOIR Shares acquired pursuant to this Agreement, the Sellers, as well as the officers and directors of EOIR and the Buyer, are fully authorized in their name and in the name of their respective corporations or otherwise to take, and will take, all such lawful and necessary action to so vest, perfect or confirm in the Buyer title to or ownership of the EOIR Shares, so long as such action is consistent with this Agreement.The parties hereto will execute and deliver such further agreement and do such further act and things as may be required to carry out the intent of this Agreement. SIGNATURE PAGE TO STOCK PURCHASE AGREEMENT ------------------------------------------
PERFECTION OF TRANSFER. In connection with the transfer, assignment and set-over set forth in Section 2.1(a), the Transferor agrees as follows:
PERFECTION OF TRANSFER. The Depositor has caused or will have caused, within ten days of the Closing Date, the filing of all appropriate financing statements in the proper filing office in the appropriate jurisdictions under applicable law in order to perfect the security interest in the Conveyed Assets Transferred to the Trustee under the Trust Agreement. Documents Procedures to be Performed
PERFECTION OF TRANSFER. (a) The Transferor, the Company and each Seller shall file UCC-1 financing statements described in Sections 4.01(f) and 4.02(c)(vi) hereof in accordance with such Sections. From time to time, the Servicer shall take or cause to be taken such actions and execute such documents as are necessary to perfect and protect the Trustee's and MBIA's respective interests in the Lease Contracts against all other Persons, including, without limitation, the filing of financing statements, amendments thereto and continuation statements, the execution of transfer instruments and the making of notations on or taking possession of all records or documents of title.
PERFECTION OF TRANSFER. (a) The Servicer shall file UCC-1 financing statements in the time and manner described in Section 4.01 and 4.02 hereof in accordance with such Sections except as provided in the next following sentence. No later than 30 days after the Closing Date, with respect to Equipment related to Lease Contracts backing the initial funding of Certificates, and no later than 30 days after the end of each calendar quarter with respect to Equipment related to Lease Contracts backing any subsequent funding of Certificates, the Transferor shall file with respect to all such Equipment related to Lease Contracts, other than Loan Contracts, UCC-1 financing statements with the Secretaries of State of the Enumerated States, executed by the Transferor as debtor, and naming the Trustee for the benefit of the Certificateholders and the Bond Insurer as secured party and the Equipment located in such States as collateral; provided that no filings naming an individual Customer as debtor shall be required. With respect to Equipment relating to Loan Contracts the Transferor shall file UCC-3 financing statements with the Secretaries of State of the Enumerated States within the same time period. From time to time, and no less than annually, the Servicer shall take or cause to be taken such actions and execute such documents as are necessary to perfect and protect the Trustee's interests in the Lease Contracts and the Equipment owned by the Transferor and located in the Enumerated States against all other Persons, including, without limitation, the filing of financing statements, amendments thereto and continuation statements, the execution of transfer instruments and the making of notations on or taking possession of all records or documents of
PERFECTION OF TRANSFER. (a) The Transferor and the Company shall file UCC- 1 financing statements described in Section 4.01(f) hereof in accordance with such Section. Within thirty days of the Closing Date, the Transferor and the Company shall file an application for certificate of title for each item of titled Equipment, naming the Trustee as first lienholder and with respect to Lease Contracts which are not Loan Contracts, also naming the Transferor as owner of such titled Equipment. On or prior to the Funding Termination Date, the Transferor and the Company shall deliver such original certificate of title to the Trustee. From time to time, the Servicer shall take or cause to be taken such actions and execute such documents as are necessary to perfect and protect the Trustee's and MBIA's respective interests in the Lease Contracts against all other Persons, including, without limitation, the filing of financing statements, amendments thereto and continuation statements, the execution of transfer instruments and the making of notations on or taking possession of all records or documents of title.
PERFECTION OF TRANSFER. (a) The Transferor and the Company shall file UCC-1 financing statements described in Sections 4.01(f) and 4.02(c)(vi) hereof in accordance with such Sections. Within thirty days of the Closing Date, the Transferor and the Company shall file an application for certificate of title for each item of titled Equipment, naming the Trustee as first lienholder and with respect to Lease Contracts which are not Loan Contracts, also naming the Transferor as owner of such titled Equipment and thereafter the Transferor and the Company shall deliver such original certificates of title to the Trustee. From time to time, the Servicer shall take or cause to be taken such actions and execute such documents as are necessary to perfect and protect the Trustee's and MBIA's respective interests in the Lease Contracts against all other Persons, including, without limitation, the filing of financing statements, amendments thereto and continuation statements, the execution of transfer instruments and the making of notations on or taking possession of all records or documents of title.
PERFECTION OF TRANSFER. ........................................................................9
