Common use of Pledge of Asset Pool Collateral Clause in Contracts

Pledge of Asset Pool Collateral. To secure the due and prompt payment of each Loan, together with all interest thereon and Contingent Payments payable in connection therewith, and all other Obligations hereunder, the Borrower shall grant to the Lender a first and prior security interest in, lien on and pledge of all assets of the Borrower (subject only to Permitted Liens), including all right, title, claim and interest of the Borrower in and to all Assets of or related to each and every Asset Pool, of any kind, nature or description, whether now owned or hereafter acquired, wherever located, howsoever arising or created and whether now existing or hereafter arising, including without limitation each and every Account and any and all liens, claims and property securing payment of the indebtedness evidenced by such Account (if any), and all property realized, collected or obtained in connection with or as a result of collections made on account of any Account, and any and all Asset Pool Proceeds paid or received with respect to any Asset Pool, whether deposited to or held in the Collateral Account or otherwise, and all rights of the Borrower under each and every Purchase Agreement (or Forward Flow Purchase Agreement) related to an Asset Pool, together with such additional property of the Borrower as is set forth and described in the Security Agreement, as the same may be amended and supplemented from time to time by the Borrower as additional Asset Pools are purchased by the Borrower (herein the "Loan Collateral").

Pledge of Asset Pool Collateral. To secure the due and prompt payment of each Loan, together with all interest thereon and Contingent Payments payable in connection therewith, and all other Obligations hereunderobligations of the Borrower to the Lender arising hereunder or under any other Loan Document in connection with an Asset Pool, the Borrower shall grant to the Lender a first and prior security interest in, lien on and pledge of all assets of the Borrower (subject only to Permitted Liens)Borrower, including all right, title, claim and interest of the Borrower in and to all Assets of or related to each and every Asset Pool, of any kind, nature or description, whether now owned or hereafter acquired, wherever located, howsoever arising or created and whether now existing or hereafter arising, including without limitation each and every Account and any and all liens, claims and property securing payment of the indebtedness evidenced by such Account (if any), and all property realized, collected or obtained in connection with or as a result of collections made on account of any Account, and any and all Asset Pool Proceeds paid or received with respect to any Asset Pool, whether deposited to or held in the Servicer's Collection Account, the Collateral Account or otherwise, and all rights of the Borrower under each and every Purchase Agreement (or Forward Flow Purchase Agreement) related to an Asset Pool, together with such additional property of the Borrower as is set forth and described in in, and pursuant to the terms and conditions of, the Security Agreement, as the same may be amended and supplemented from time to time by the Borrower as additional Asset Pools are purchased by the Borrower (herein the "Loan CollateralLOAN COLLATERAL").

Pledge of Asset Pool Collateral. To secure the due and prompt payment of each Loan, together with all interest thereon and Contingent Payments payable in connection therewith, and all other Obligations hereunder, the Borrower shall grant to the Lender a first and prior security interest in, lien on and pledge of all assets of the Borrower (subject only to Permitted Liens, which shall be subject and subordinate), including all right, title, claim and interest of the Borrower in and to all Assets of or related to each and every Asset Pool, of any kind, nature or description, whether now owned or hereafter acquired, wherever located, howsoever arising or created and whether now existing or hereafter arising, including without limitation each and every Account and any and all liens, claims and property securing payment of the indebtedness evidenced by such Account (if any), and all property realized, collected or obtained in connection with or as a result of collections made on account of any Account, and any and all Asset Pool Proceeds paid or received with respect to any Asset Pool, whether deposited to or held in the Collateral Account or otherwise, and all rights of the Borrower under each and every Purchase Agreement (or Forward Flow Purchase Agreement) related to an Asset Pool, together with such additional property of the Borrower as is set forth and described in the Security Agreement, as the same may be amended and supplemented from time to time by the Borrower as additional Asset Pools are purchased by the Borrower (herein the "“Loan Collateral"”).

Pledge of Asset Pool Collateral. To secure the due and prompt payment of each Loan, together with all interest thereon and (including Contingent Payments payable in connection therewith, interest) and all other Obligations hereunderobligations of the Borrower to the Lender arising hereunder or under any other Loan Document in connection with an Asset Pool, the Borrower shall grant to the Lender a first and prior security interest in, lien on and pledge of all assets of the Borrower (subject only to Permitted Liens)Borrower, including all right, title, claim and interest of the Borrower in and to all Assets of or related to each and every Asset Pool, of any kind, nature or description, whether now owned or hereafter acquired, wherever located, howsoever arising or created and whether now existing or hereafter arising, including without limitation each and every Account and any and all liens, claims and property securing payment of the indebtedness evidenced by such Account (if any), and all property realized, collected or obtained in connection with or as a result of collections made on account of any Account, and any and all Asset Pool Proceeds paid or received with respect to any Asset Pool, whether deposited to or held in the a Collateral Account or otherwise, and all rights of the Borrower under each and every Purchase Agreement (or Forward Flow Purchase Agreement) related to an Asset Pool, together with such additional property of the Borrower as is set forth and described in the Security Agreement, as the same may be amended and supplemented from time to time by the Borrower as additional Asset Pools are purchased by the Borrower (herein the "Loan Collateral").

Pledge of Asset Pool Collateral. To secure the due and prompt payment of each Loan, together with all interest thereon and Contingent Payments payable in connection therewith, and all other Obligations hereunder, the Borrower shall grant to the Lender a first and prior security interest in, lien on and pledge of all assets of the Borrower (subject only to Permitted LiensLiens which shall be subject and subordinate), including all right, title, claim and interest of the Borrower in and to all Assets of or related to each and every Asset Pool, of any kind, nature or description, whether now owned or hereafter acquired, wherever located, howsoever arising or created and whether now existing or hereafter arising, including without limitation each and every Account and any and all liens, claims and property securing payment of the indebtedness evidenced by such Account (if any), and all property realized, collected or obtained in connection with or as a result of collections made on account of any Account, and any and all Asset Pool Proceeds paid or received with respect to any Asset Pool, whether deposited to or held in the Collateral Account or otherwise, and all rights of the Borrower under each and every Purchase Agreement (or Forward Flow Purchase Agreement) related to an Asset Pool, together with such additional property of the Borrower as is set forth and described in the Security Agreement, as the same may be amended and supplemented from time to time by the Borrower as additional Asset Pools are purchased by the Borrower (herein the "“Loan Collateral"”).