Common use of Possession of Receivables Clause in Contracts

Possession of Receivables. For a Receivable that is “tangible chattel paper,” the Issuer has in its possession, directly or through its agents, the original copy of the Receivable that is or evidences part of the Collateral, and the Receivable does not have any marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any Person other than the Indenture Trustee. For a Receivable that is “electronic chattel paper,” the Issuer has “control” of the sole “authoritative copy” (each within the meaning of the applicable UCC) of the Receivable and has not communicated an authoritative copy of the Receivable that constitutes or evidences part of the Collateral to any Person other than the Indenture Trustee.

Possession of Receivables. For a Receivable Receivables that is are “tangible chattel paper,” the Issuer Depositor has in its possession, directly or through its their agents, the all original copy copies of the Receivable that is constitute or evidences evidence part of the CollateralSold Property, and the Receivable does these Receivables do not have any marks or notations indicating that it has they have been pledged, assigned or otherwise conveyed to any Person other than the Indenture TrusteeIssuer. For a Receivable Receivables that is are “electronic chattel paper,” the Issuer Depositor has “control” of the sole “authoritative copy” (each within the meaning of the applicable UCC) of the each such Receivable and has not communicated an authoritative copy of the any such Receivable that constitutes or evidences part of the Collateral Sold Property to any Person other than the Indenture TrusteeIssuer.

Possession of Receivables. For a Receivable Receivables that is “are "tangible chattel paper,” " the Issuer Depositor has in its possession, directly or through its their agents, the all original copy copies of the Receivable that is constitute or evidences evidence part of the CollateralSold Property, and the Receivable does these Receivables do not have any marks or notations indicating that it has they have been pledged, assigned or otherwise conveyed to any Person other than the Indenture TrusteeIssuer. For a Receivable Receivables that is “are "electronic chattel paper,” " the Issuer Depositor has “"control” " of the sole “"authoritative copy” " (each within the meaning of the applicable UCC) of the each such Receivable and has not communicated an authoritative copy of the any such Receivable that constitutes or evidences part of the Collateral Sold Property to any Person other than the Indenture TrusteeIssuer.

Possession of Receivables. For a Receivable that is “"tangible chattel paper,” " the Issuer has in its possession, directly or through its agents, the original copy of the Receivable that is or evidences part of the Collateral, and the Receivable does not have any marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any Person other than the Indenture Trustee. For a Receivable that is “"electronic chattel paper,” " the Issuer has “"control” " of the sole “"authoritative copy” " (each within the meaning of the applicable UCC) of the Receivable and has not communicated an authoritative copy of the Receivable that constitutes or evidences part of the Collateral to any Person other than the Indenture Trustee.

Possession of Receivables. For a Receivable that is “tangible chattel paper,” the Issuer has in its possession, directly or through its agents, the original copy of the Receivable that is or evidences part of the Collateral, and the Receivable does not have any marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any Person other than the Indenture Trustee. For a Receivable that is “electronic chattel paper,” the Issuer has “control” of the sole not communicated an “authoritative copy” (each within the meaning of the applicable UCC) of the Receivable and has not communicated an authoritative copy of the Receivable that constitutes is or evidences part of the Collateral to any Person other than the Indenture Trustee.

Possession of Receivables. For a Receivable that is “tangible chattel paper,” the Issuer has in its possession, directly or through its agents, the original copy of the Receivable that is or evidences part of the Collateral, and the Receivable does not have any marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any Person other than the Indenture Trustee. For a Receivable that is “electronic chattel paper,” the Issuer has “control” of the sole not communicated an “authoritative copy” (each within the meaning of the applicable UCC) of the Receivable and has not communicated an authoritative copy of the Receivable that constitutes is or evidences part of the Collateral to any Person other than the Indenture TrusteeIndenture.