Common use of Protection of Title to Trust Clause in Contracts

Protection of Title to Trust. (a) The Seller shall execute and file such financing statements and cause to be executed and filed such continuation 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 Issuer and the interests of the Indenture Collateral Agent on behalf of the Noteholders, the Certificateholders and the Security Insurer in the Receivables and in the proceeds thereof. The Seller shall deliver (or cause to be delivered) to the Security Insurer, the Owner Trustee and the Indenture Collateral Agent file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 7 contracts

Samples: Sale and Servicing (TMS Auto Holdings Inc), Sale and Servicing Agreement (Franklin Receivables LLC), Execution Copy (Franklin Receivables LLC)

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Protection of Title to Trust. (a) The Seller Servicer shall execute authorize and file or cause to be filed such financing statements and cause to be executed and filed such continuation 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 Issuer and the interests of the Indenture Collateral Agent on behalf of the Noteholders, the Certificateholders and the Security Insurer in the Receivables and in the proceeds thereof. The Seller Servicer shall deliver (or cause to be delivered) to the Security Insurer, the Owner Trustee and the Indenture Collateral Agent file-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 (Franklin Auto Trust 2003-2), Sale and Servicing Agreement (Franklin Receivables Auto Trust 2003-1), Subsequent Transfer Agreement (Franklin Auto Trust 2004-2)

Protection of Title to Trust. (a) The Seller Servicer shall execute authorize and file or cause to be filed such financing statements and cause to be executed and filed such continuation 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 Issuer and the interests of the Indenture Collateral Agent on behalf of the Noteholders, Noteholders and the Certificateholders and the Security Insurer in the Receivables and in the proceeds thereof. The Seller Servicer shall deliver (or cause to be delivered) to the Security InsurerIndenture Administrator, the Owner Trustee and the Indenture Collateral Agent 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 (Franklin Receivables LLC), Sale and Servicing (Franklin Auto Trust 2005-1), Sale and Servicing Agreement (Franklin Auto Trust 2008-A)

Protection of Title to Trust. (a) The Seller Servicer shall execute authorize and file or cause to be filed such financing statements and cause to be executed and filed such continuation 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 Issuer and the interests of the Indenture Collateral Agent on behalf of the Noteholders, Noteholders and the Certificateholders and the Security Insurer in the Receivables and in the proceeds thereof. The Seller Servicer shall deliver (or cause to be delivered) to the Security InsurerIndenture Trustee, the Owner Trustee and the Indenture Collateral Agent 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 (Franklin Auto Trust 2006-1), Sale and Servicing Agreement (Franklin Auto Trust 2007-1)

Protection of Title to Trust. (a) The Seller Each of the Transferor and the Originator, as to itself, shall execute and file such financing statements and cause to be executed and filed such continuation 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 Issuer and the interests of the Indenture Collateral Agent on behalf of the Noteholders, the Certificateholders Note Insurer and the Security Insurer Trust Collateral Agent in the Receivables and in the proceeds thereofthereof and the sale of accounts and chattel paper. The Seller Each of the Transferor and the Originator, as to itself, shall deliver (or cause to be delivered) to the Security Insurer, the Owner Trustee Trust Collateral Agent and the Indenture Collateral Agent Note 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: Sale and Servicing Agreement (United Fidelity Finance LLC)

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Protection of Title to Trust. (a) The Seller shall execute authorize and file or cause to be filed such financing statements and cause to be executed and filed such continuation 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 Issuer and the interests of the Indenture Collateral Agent on behalf of the Noteholders, the Certificateholders and the Security Insurer in the Receivables and in the proceeds thereof. The Seller shall deliver (or cause to be delivered) to the Security Insurer, the Owner Trustee and the Indenture Collateral Agent 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: Sale and Servicing Agreement (Franklin Receivables LLC)

Protection of Title to Trust. (a) The Seller Servicer shall execute authorize and file or cause to be filed such financing statements and cause to be executed and filed such continuation 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 Issuer and the interests of the Indenture Collateral Agent on behalf of the Noteholders, the Certificateholders and the Security Insurer in the Receivables and in the proceeds thereof. The Seller Servicer shall deliver (or cause to be delivered) to the Security Insurer, the Owner Trustee and the Indenture Collateral Agent 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: Sale and Servicing Agreement (Franklin Auto Trust 2004-1)

Protection of Title to Trust. (a) The Seller shall execute and file such financing statements and cause to be executed and filed such continuation 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 Issuer and the interests of the Indenture Trust Collateral Agent on behalf of the Noteholders, the Certificateholders and the Security Insurer in the Receivables and the Other Conveyed Property and in the proceeds thereof. The Seller shall deliver (or cause to be delivered) to the Security Insurer, any Noteholder holding 5% or more of the Note Balance of any Class, the Owner Trustee and the Indenture Trust Collateral Agent 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: Sale and Servicing Agreement (National Auto Finance Co Inc)

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