Common use of Protection of Title to Trust Clause in Contracts

Protection of Title to Trust. (a) The Servicer 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 Indenture Trustee and the Issuing Entity under the Trust Sale Agreement and the Second Step Receivables Assignment in the Receivables and in the proceeds thereof. The Servicer shall deliver (or cause to be delivered) to the Indenture Trustee and the Owner Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 50 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2024-1), Servicing Agreement (Ally Auto Receivables Trust 2024-1), Servicing Agreement (Ally Auto Receivables Trust 2023-1)

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Protection of Title to Trust. (a) The Servicer 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 Indenture Trustee and the Issuing Entity under the Trust Sale this Agreement and the Second Step Receivables Assignment in the Receivables and in the proceeds thereof. The Servicer Depositor shall deliver (or cause to be delivered) to the Indenture Trustee and the Owner Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 36 contracts

Samples: Trust Sale Agreement (Ally Auto Receivables Trust 2024-1), Trust Sale Agreement (Ally Auto Receivables Trust 2024-1), Trust Sale Agreement (Ally Auto Receivables Trust 2023-1)

Protection of Title to Trust. (a) The Servicer 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 Indenture Trustee and the Issuing Entity under the Trust Sale Agreement and the Second Step Receivables Assignment in the Receivables and in the proceeds thereof. The Servicer shall deliver (or cause to be delivered) to the Indenture Trustee and the Owner Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 31 contracts

Samples: Servicing Agreement (Ally Auto Assets LLC), Servicing Agreement (Ally Auto Receivables Trust 2014-3), Servicing Agreement (Ally Auto Receivables Trust 2014-2)

Protection of Title to Trust. (a) The Servicer 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 Indenture Trustee and the Issuing Entity under the Trust Sale this Agreement and the Second Step Receivables Assignment in the Receivables and in the proceeds thereof. The Servicer Depositor shall deliver (or cause to be delivered) to the Indenture Trustee and the Owner Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 24 contracts

Samples: Trust Sale Agreement (Ally Auto Receivables Trust 2016-2), Trust Sale Agreement (Ally Auto Receivables Trust 2016-2), Trust Sale Agreement (Ally Auto Receivables Trust 2016-1)

Protection of Title to Trust. (a) The Depositor or the Servicer or both shall authorize or prepareand/or execute, as applicable, and file such financing statements or amendments to financing statements and cause to be authorized or preparedand/or executed, 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 Indenture Trustee and the Issuing Entity Owner Trustee under the Trust Sale this Agreement and the Second Step Receivables Assignment in the Receivables and in the proceeds thereof. The Depositor or the Servicer or both shall deliver (or cause to be delivered) to the Indenture Trustee and the Owner Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 6 contracts

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables LLC), Trust Sale and Servicing Agreement (Capital Auto Receivables LLC), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2007-3)

Protection of Title to Trust. (a) The Seller or the Servicer or both shall authorize or prepareand/or execute, as applicable, and file such financing statements or amendments to financing statements and cause to be authorized or preparedand/or executed, 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 Indenture Trustee and the Issuing Entity Owner Trustee under the Trust Sale this Agreement and the Second Step Receivables Assignment Assignments in the Receivables and in the proceeds thereof. The Seller or the Servicer or both shall deliver (or cause to be delivered) to the Indenture Trustee and the Owner 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: Sale and Servicing Agreement (Capital Auto Receivables Inc), Sale and Servicing Agreement (Capital Auto Receivables Inc), Sale and Servicing Agreement (Capital Auto Receivables Inc)

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Protection of Title to Trust. (a) The Seller or the Servicer or both shall authorize or prepareand/or execute, as applicable, and file such financing statements or amendments to financing statements and cause to be authorized or preparedand/or executed, 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 Indenture Trustee and the Issuing Entity Owner Trustee under the Trust Sale this Agreement and the Second Step Receivables Assignment in the Receivables and in the proceeds thereof. The Seller or the Servicer or both shall deliver (or cause to be delivered) to the Indenture Trustee and the Owner 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: Sale and Servicing Agreement (Capital Auto Receivables Inc), Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2006-1)

Protection of Title to Trust. (a) The Seller or the Servicer or both shall authorize take or prepare, as applicable, cause to be taken such actions and execute and file such financing statements or amendments to documents and instruments including without limitation, financing statements and cause to be authorized or prepared, as applicable, executed and filed such continuation and other statements, all in such manner and in such places as may be required by law (or deemed reasonably necessary by a Certificate Majority) fully to preserve, maintain and protect the interest of the Noteholders, the Certificateholders, the Indenture Trustee Trust and the Issuing Entity Trustee under this Agreement in the Trust Sale Agreement and the Second Step Receivables Assignment in the Receivables Property and in the proceeds thereofthereof against all other Persons. The Servicer Seller shall deliver (or cause to be delivered) to the Indenture Trustee and the Owner 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: Pooling and Servicing Agreement (Triad Financial Corp), Pooling and Servicing Agreement (Triad Financial Corp)

Protection of Title to Trust. (a) The Servicer shall authorize or prepareEach of the Depositor, as applicableto itself, and the Servicer, as to itself, shall execute and file such financing statements or amendments to financing statements and cause to be authorized or prepared, as applicable, executed 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 maintain, and protect the interest of the Noteholders, the Certificateholders, the Indenture Trustee [and the Issuing Entity under the Trust Sale Agreement and the Second Step Receivables Assignment Certificate Insurer] in its interest in the Receivables and the other Trust Assets and in the proceeds thereof. The Servicer Each of the Depositor, as to itself, and the Servicer, as to itself, shall deliver (or cause to be delivered) to the Indenture Trustee [and the Owner Trustee Certificate Insurer] 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: Pooling and Servicing Agreement (Long Beach Acceptance Corp)

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