Common use of Protection of Title to Collateral Clause in Contracts

Protection of Title to Collateral. (a) The Depositor shall authorize or prepare, as applicable, and file such financing statements or amendments to financing statements and cause to be authorized or prepared, as applicable, and filed such continuation and other statements, all in such manner and in such places as may be required by law fully to preserve, maintain and protect the interest of the Noteholders, the Certificateholders, the AART Indenture Trustee and the Issuing Entity under this Agreement and the Second Step Secured Notes Assignment in the Second Step Purchased Property and in the proceeds thereof. The Depositor shall deliver (or cause to be delivered) to the AART Indenture Trustee and the Issuing Entity file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Protection of Title to Collateral. (a) The Depositor shall authorize or prepareexecute, as applicable, and file such financing statements or amendments to financing statements and cause to be authorized or preparedexecuted, as applicable, and filed such continuation and other statements, all in such manner and in such places as may be required by law fully to preserve, maintain and protect the interest of the Noteholders, the Certificateholders, the AART Indenture Trustee and the Issuing Entity under this Agreement and the Second Step Secured Notes Assignment in the Second Step Purchased Property and in the proceeds thereof. The Depositor shall deliver (or cause to be delivered) to the AART Indenture Trustee and the Issuing Entity AART Owner Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.