Common use of Pledge by Purchaser Clause in Contracts

Pledge by Purchaser. Seller and Servicer acknowledge that Purchaser has pledged all of its rights, title and interest in and to this Agreement to the Collateral Agent for the benefit of the Lender, and that the Collateral Agent and the Lender may enforce this Agreement as if they were parties hereto. Each of the Collateral Agent and the Lender are intended third party beneficiaries of this Agreement.

Pledge by Purchaser. Seller and Servicer acknowledge that Purchaser has pledged all of its rights, title and interest in and to this Agreement to the Collateral Agent for the benefit of the LenderSecured Parties, and that the Collateral Agent and the Lender Secured Parties may enforce this Agreement as if they were parties hereto. Each of the Collateral Agent and the Lender are Secured Parties is an intended third party beneficiaries beneficiary of this AgreementAgreement and shall be entitled to enforce this Agreement as if it were a party hereto.

Pledge by Purchaser. The Seller and Servicer acknowledge acknowledges that the Purchaser has pledged all of its rights, title and interest in and to this Agreement to the Collateral Agent for the benefit of the LenderAgent and the Lenders (and their successors and assigns), and that the Collateral Agent and the Lender Lenders may enforce this Agreement as if they were parties heretoon behalf of the Purchaser. Each of the Collateral Agent and the Lender are Lenders is an intended third party beneficiaries beneficiary of this Agreement.

Pledge by Purchaser. Seller and Servicer acknowledge acknowledges that Purchaser has pledged all of its rights, title and interest in and to this Agreement to the Collateral Agent for the benefit of the LenderSecured Parties, and that the Collateral Agent and the Lender Secured Parties may enforce this Agreement as if they were parties hereto. Each of the Collateral Agent and the Lender are Secured Parties is an intended third party beneficiaries beneficiary of this AgreementAgreement and shall be entitled to enforce this Agreement as if it were a party hereto.