Common use of Protection of Title to Collateral Certificate Clause in Contracts

Protection of Title to Collateral Certificate. (a) The Transferor shall take all actions necessary, and the Trust shall cooperate with the Transferor, if applicable, to perfect, and maintain perfection of, the interests of the Trust in the Collateral Certificate. The Transferor shall execute and file and cause to be executed and filed such financing statements, amendments of financing statements, and continuation statements, all in such manner and in such places as may be required by law fully to perfect, maintain, and protect the interest of the Trust in the Collateral Certificate and in the proceeds thereof and the interest of the Indenture Trustee in the Collateral Certificate and the proceeds thereof. The Transferor shall deliver (or cause to be delivered) to the Owner Trustee and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 4 contracts

Samples: Trust Agreement (BA Master Credit Card Trust II), Trust Agreement, Trust Agreement

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Protection of Title to Collateral Certificate. (a) The Transferor shall take all actions necessary, and the Trust Issuer shall cooperate with the Transferor, if applicable, to perfect, and maintain perfection of, the interests of the Trust Issuer in the Collateral Certificate. The Transferor shall execute and file and cause to be executed and filed such financing statements, amendments of financing statements, statements and continuation statements, all in such manner and in such places as may be required by law fully to perfect, maintain, and protect the interest of the Trust Issuer in the Collateral Certificate and in the proceeds thereof and the interest of the Indenture Trustee in the Collateral Certificate Trust Estate and the proceeds thereof. The Transferor shall deliver (or cause to be delivered) to the Owner Trustee and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 3 contracts

Samples: Trust Agreement (Daimlerchrysler Wholesale Receivables LLC), Trust Agreement (Mbna Credit Card Master Note Trust), Trust Agreement (Carco Auto Loan Master Trust)

Protection of Title to Collateral Certificate. (a) The Transferor shall take all actions necessary, and the Trust shall cooperate with the Transferor, if applicable, to perfect, and maintain perfection of, the interests of the Trust in the Collateral Certificate. The Transferor shall execute and file and cause to be executed and filed such financing statements, amendments of financing statements, statements and continuation statements, all in such manner and in such places as may be required by law fully to perfect, maintain, and protect the interest of the Trust in the Collateral Certificate and in the proceeds thereof and the interest of the Indenture Trustee in the Collateral Certificate and the proceeds thereof. The Transferor shall deliver (or cause to be delivered) to the Owner Trustee and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 2 contracts

Samples: Trust Agreement (BA Credit Card Trust), Trust Agreement (Mbna America Bk Nat Assoc Mbna Master Credit Card Trust Ii)

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Protection of Title to Collateral Certificate. (a) The Transferor Seller shall take all actions necessary, and the Master Owner Trust shall cooperate with the TransferorSeller, if applicable, to perfect, and maintain perfection of, the interests of the Master Owner Trust in the Collateral Certificate. The Transferor Seller shall execute and file and cause to be executed and filed such financing statements, amendments of financing statements, statements and continuation statements, all in such manner and in such places as may be required by law fully to perfect, maintain, and protect the interest of the Master Owner Trust in the Collateral Certificate and in the proceeds thereof and the interest of the Indenture Trustee in the Indenture Collateral Certificate and the proceeds thereof. The Transferor Seller shall deliver (or cause to be delivered) to the Master Owner Trust Trustee and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 1 contract

Samples: Master Owner Trust Agreement (Navistar Financial Dealer Note Master Trust)

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