Common use of Protection of Trust Estate Clause in Contracts

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf of the Noteholders to be prior to all other Liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, for the benefit of the Indenture Trustee on behalf of the Noteholders, a first Lien on and a first priority, perfected security interest in the Trust Estate. The Issuer will from time to time authorize, execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments and will take such other action necessary or advisable to:

Appears in 23 contracts

Samples: Indenture (Mercedes-Benz Auto Receivables Trust 2021-1), Indenture (Mercedes-Benz Auto Receivables Trust 2021-1), Indenture (Mercedes-Benz Auto Receivables Trust 2020-1)

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Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf of the Noteholders to be prior to all other Liens liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, for the benefit of the Indenture Trustee on behalf of the Noteholders, a first Lien lien on and a first priority, perfected security interest in the Trust Estate, subject to the rights of the Insurer under the Insurance Agreement. The Issuer will from time to time authorize, execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, all as prepared by the Master Servicer and delivered to the Issuer, and will take such other action necessary or advisable to:

Appears in 22 contracts

Samples: Indenture (WFS Financial Auto Loans Inc), Indenture (WFS Receivables Corp), Indenture (WFS Receivables Corp 2)

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf of the Noteholders to be prior to all other Liens liens in respect of the Trust EstatePledged Assets, and the Issuer shall take all actions necessary to obtain and maintain, for the benefit of the Indenture Trustee on behalf of the Noteholders, a first Lien lien on and a first priority, perfected security interest in the Trust EstatePledged Assets. The Issuer will from time to time authorize, execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, all as prepared by the Servicer and delivered to the Issuer, and will take such other action necessary or advisable to:

Appears in 15 contracts

Samples: Indenture (Uacsc Auto Trusts Uacsc 2000-B Owner Trust Auto Rec Bac Note), Indenture (Uacsc Auto Trusts), Indenture (Bay View Securitization Corp)

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf of the Noteholders to be prior to all other Liens liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, for the benefit of the Indenture Trustee on behalf of the Noteholders, a first Lien lien on and a first priority, perfected security interest in the Trust Estate. The Issuer will from time to time authorize, execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, all as prepared by the Master Servicer and delivered to the Issuer, and will take such other action necessary or advisable to:

Appears in 15 contracts

Samples: Indenture (WFS Receivables Corp 3), Indenture (WFS Financial 2005-3 Owner Trust), Indenture (WFS Financial 2004-4 Owner Trust)

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf of the Noteholders to be prior to all other Liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, for the benefit of the Indenture Trustee on behalf of the Noteholders, a first Lien on and a first priority, perfected security interest in the Trust Estate. The Issuer will from time to time authorize, execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments and will take such other action necessary or advisable to:

Appears in 14 contracts

Samples: Indenture (Daimler Trucks Retail Trust 2024-1), Indenture (Daimler Trucks Retail Trust 2024-1), Indenture (Mercedes-Benz Auto Receivables Trust 2023-2)

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf of the Noteholders to be prior to all other Liens liens in respect of the Trust EstateCollateral, and the Issuer shall take all actions necessary to obtain and maintain, for the benefit of the Indenture Trustee on behalf of the Noteholders, a first Lien lien on and a first priority, perfected security interest in the Trust EstateCollateral. The Issuer will from time to time authorize, execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, all as prepared by the Servicer and delivered to the Issuer, and will take such other action necessary or advisable to:

Appears in 13 contracts

Samples: Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp)

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf of the Noteholders to be prior to all other Liens liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, for the benefit of the Indenture Trustee on behalf of the Noteholders, a first Lien lien on and a first priority, perfected security interest in the Trust Estate. The Issuer will from time to time authorize, execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, all as prepared by the Administrator and delivered to the Issuer, and will take such other action necessary or advisable to:

Appears in 11 contracts

Samples: Indenture (WDS Receivables LLC), Indenture (Wachovia Auto Loan Owner Trust 2007-1), Indenture (Wachovia Auto Owner Trust 2008-A)

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf of the Noteholders Issuer Secured Parties to be prior to all other Liens liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Trustee, for the benefit of the Indenture Trustee on behalf of the NoteholdersIssuer Secured Parties, a first Lien lien on and a first priority, perfected security interest in the Trust Estate. The Issuer will from time to time authorizeprepare (or shall cause to be prepared), execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, and will take such other action necessary or advisable to:

Appears in 8 contracts

Samples: Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc)

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf of the Noteholders to be prior to all other Liens liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, for the benefit of the Indenture Trustee on behalf of the Noteholders, a first Lien lien on and a first priority, perfected security interest in the Trust Estate. The Issuer will shall from time to time authorize, execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, all as prepared by the Administrator and will delivered to the Issuer, and shall take such other action necessary or advisable to:

Appears in 8 contracts

Samples: Vehicle Lease Trust (Financial Services Vehicle Trust), Vehicle Lease (Financial Services Vehicle Trust), Vehicle Lease (Financial Services Vehicle Trust)

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf for the benefit of the Noteholders to be prior to all other Liens liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Trustee, for the benefit of the Indenture Trustee on behalf of the Noteholders, a first Lien lien on and a first priority, perfected security interest in the Trust Estate. The Issuer will from time to time authorizeprepare (or shall cause to be prepared), execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, and will take such other action necessary or advisable to:

Appears in 4 contracts

Samples: Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc)

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf of the Senior Noteholders to be prior to all other Liens liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, for the benefit of the Indenture Trustee on behalf of the Senior Noteholders, a first Lien lien on and a first priority, perfected security interest in the Trust Estate. The Issuer will shall from time to time authorize, execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, all as prepared by the Administrator and will delivered to the Issuer, and shall take such other action necessary or advisable to:

Appears in 3 contracts

Samples: Ryder Truck Rental I Lp, Ryder Truck Rental I Lp, BMW Vehicle Lease Trust 2000-A

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf of the Noteholders to be prior to all other Liens liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, for the benefit of the Indenture Trustee on behalf of the Noteholders, a first Lien lien on and a first priority, perfected security interest in the Trust Estate. The Issuer will shall from time to time authorize, execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, all as prepared by the Administrative Agent and will delivered to the Issuer, and shall take such other action necessary or advisable to:

Appears in 3 contracts

Samples: Indenture (Nissan Auto Lease Trust 2004-A), Nissan Auto Leasing LLC Ii, Nissan Auto Lease Trust 2003-A

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf for the benefit of the Noteholders Issuer Secured Parties to be prior to all other Liens liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Trustee, for the benefit of the Indenture Trustee on behalf of the NoteholdersIssuer Secured Parties, a first Lien lien on and a first priority, perfected security interest in the Trust Estate. The Issuer will from time to time authorizeprepare (or shall cause to be prepared), execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, and will take such other action necessary or advisable to:

Appears in 3 contracts

Samples: Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc)

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Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf of the Noteholders to be prior to all other Liens liens in respect of the Trust EstateCollateral, and the Issuer shall take all actions necessary to obtain and maintain, for the benefit of the Indenture Trustee on behalf of the Noteholders, a first Lien lien on and a first priority, perfected security interest in the Trust EstateCollateral. The Issuer will from time to time authorize, execute authorize and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, all as prepared by the Servicer and delivered to the Issuer, and will take such other action necessary or advisable to:

Appears in 3 contracts

Samples: Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp), Onyx Acceptance Financial Corp

Protection of Trust Estate. The Issuer intends the security interest Granted granted pursuant to this Indenture in favor of the Indenture Trustee on behalf of the Noteholders Issuer Secured Parties to be prior to all other Liens liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Indenture Trustee, for the benefit of the Indenture Trustee on behalf of the NoteholdersIssuer Secured Parties, a first Lien lien on and a first priority, perfected security interest in the Trust Estate. The Issuer will from time to time authorizeprepare (or shall cause to be prepared), execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, and will take such other action necessary or advisable to:

Appears in 2 contracts

Samples: Advanta Revolving Home Equity Loan Trust 1998-A, Advanta Mortgage Conduit Services Inc

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf of the Noteholders Issuer Secured Parties to be prior to all other Liens liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Trustee, for the benefit of the Indenture Trustee on behalf of the NoteholdersIssuer Secured Parties, a first Lien lien on and a first priority, perfected security interest in the Trust Estate. The Issuer will from time to time authorizeprepare (or shall cause to be prepared), execute and deliver all such supplements and \and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, and will take such other action necessary or advisable to:

Appears in 1 contract

Samples: Indenture (Consumer Portfolio Services Inc)

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf Trustee, for the benefit of the Noteholders Noteholders, to be prior to all other Liens liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Trustee, for the benefit of the Indenture Trustee on behalf of the Noteholders, a first Lien lien on and a first priority, perfected security interest in the Trust Estate. The Issuer will shall from time to time authorizeprepare (or shall cause to be prepared), execute and deliver all such supplements and amendments hereto and all such financing statements, financing statement amendments, continuation statements, instruments of further assurance and other instruments instruments, all as prepared by it or on its behalf, and will shall take such other action necessary or advisable to:

Appears in 1 contract

Samples: Indenture (Consumer Portfolio Services Inc)

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf Trustee, for the benefit of the Noteholders Noteholder, to be prior to all other Liens liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Trustee, for the benefit of the Indenture Trustee on behalf of the NoteholdersNoteholder, a first Lien lien on and a first priority, perfected security interest in the Trust Estate. The Issuer will from time to time authorizeprepare (or shall cause to be prepared), execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, and will take such other action necessary or advisable to:

Appears in 1 contract

Samples: Consumer Portfolio Services Inc

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf Trustee, for the benefit of the Noteholders Noteholders, to be prior to all other Liens liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Trustee, for the benefit of the Indenture Trustee on behalf of the Noteholders, a first Lien lien on and a first priority, perfected security interest in the Trust Estate. The Issuer will from time to time authorizeprepare (or shall cause to be prepared), execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, and will take such other action necessary or advisable to:

Appears in 1 contract

Samples: Gehl Co

Protection of Trust Estate. The Issuer intends the security interest Granted pursuant to this Indenture in favor of the Indenture Trustee on behalf of the Noteholders to be prior to all other Liens liens in respect of the Trust Estate, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Trust Collateral Agent, for the benefit of the Indenture Trustee on behalf of the Noteholders, a first Lien lien on and a first priority, priority perfected security interest in the Trust Estate. The Issuer will from time to time authorizeprepare (or shall cause to be prepared), execute and deliver all such supplements and amendments hereto and all such financing statements, continuation statements, instruments of further assurance and other instruments instruments, and will take such other action necessary or advisable to:

Appears in 1 contract

Samples: Indenture (Americredit Corp)

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