Common use of Protection of Trust Property Clause in Contracts

Protection of Trust Property. The Issuer intends the security interest granted pursuant to this Indenture in favor of the Indenture Trustee and the Noteholders to be prior to all other liens in respect of the Trust Property, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Indenture Trustee, for the benefit of the Noteholders, a first lien on and a first priority, perfected security interest in the Trust Property. The Issuer will from time to time prepare (or shall cause to be prepared), execute, file 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 30 contracts

Samples: Indenture (Credit Acceptance Corp), Indenture (Credit Acceptance Corp), Credit Acceptance Corp

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Protection of Trust Property. The Issuer intends the ---------------------------- security interest granted Granted pursuant to this Indenture in favor of the Indenture Trustee and the Noteholders Issuer Secured Parties to be prior to all other liens in respect of the Trust Property, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Indenture TrusteeTrust Collateral Agent, for the benefit of the NoteholdersIssuer Secured Parties, a first lien on and a first priority, perfected security interest in the Trust Property. The Issuer will from time to time prepare (or shall cause to be prepared), execute, file 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 4 contracts

Samples: Indenture (TFC Enterprises Inc), TFC Enterprises Inc, TFC Enterprises Inc

Protection of Trust Property. The Issuer intends the security interest granted Granted pursuant to this Indenture and the related Series Supplement in favor of the Indenture Trustee and the Noteholders Holders to be prior to all other liens in respect of the related Series Trust PropertyEstate, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Indenture Trustee, Trustee for the benefit of the Noteholders, Holders a first lien on and a first priority, perfected security interest in the related Series Trust PropertyEstate. The Issuer will from time to time prepare (or shall cause to be prepared), execute, file 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 3 contracts

Samples: Indenture (Household Auto Receivables Corp), Household Automobile Revolving Trust I, Household Auto Receivables Corp

Protection of Trust Property. The Issuer intends the security interest granted pursuant to this Indenture in favor of the Indenture Trustee and the Noteholders Issuer Secured Parties to be prior to all other liens in respect of the Trust Property, Property and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Indenture Trustee, for the benefit of the NoteholdersIssuer Secured Parties, a first lien on and a first priority, perfected security interest in the Trust Property. The Issuer will from time to time prepare (or shall cause to be prepared), execute, file 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 2 contracts

Samples: Sequoia Residential Funding Inc, Greenpoint Mortgage Securities Inc/

Protection of Trust Property. The Issuer intends the security interest granted Granted pursuant to this Indenture and the related Series Supplement in favor of the Indenture Trustee and the Noteholders Holders to be prior to all other liens in respect of the related Series Trust PropertyEstate, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Indenture Trustee, Trustee for the benefit of the Noteholders, Holders a first lien on and a first priority, perfected security interest in the related Series Trust PropertyEstate. The Issuer will from time to time prepare (or shall cause to be prepared), execute, file 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 2 contracts

Samples: Indenture (Household Automotive Trust Iv Series 2000-1), Household Automotive Trust v Series 2000 2

Protection of Trust Property. The Issuer intends the security interest granted pursuant to this Indenture Pooling Agreement in favor of the Indenture Trustee and the Noteholders Issuer Secured Parties to be prior to all other liens in respect of the Trust Property, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Indenture Trustee, for the benefit of the NoteholdersIssuer Secured Parties, a first lien on and a first priority, perfected security interest in the Trust Property. The Issuer will from time to time prepare (or shall cause to be prepared), execute, file 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 2 contracts

Samples: Pooling Agreement and Indenture (Greenpoint Mortgage Securities Inc/), Pooling Agreement and Indenture (Greenpoint Mortgage Securities Inc/)

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

Appears in 1 contract

Samples: Household Auto Receivables Corp

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

Appears in 1 contract

Samples: Household Auto Receivables Corp

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

Appears in 1 contract

Samples: Household Auto Receivables Corp

Protection of Trust Property. The Issuer intends the security interest granted pursuant to this Indenture in favor of the Indenture Trustee Trustee, the Noteholders and the Noteholders Note Insurer to be prior to all other liens Liens in respect of the Trust Property, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Indenture Trustee, for the benefit of Noteholders and the NoteholdersNote Insurer, a first lien Lien on and a first priority, perfected security interest in the Trust Property. The Issuer will from time to time prepare (or shall cause to be prepared), execute, file 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 1 contract

Samples: United Fidelity Finance LLC

Protection of Trust Property. The Issuer intends the security interest granted pursuant to this Indenture in favor of the Indenture Trustee and the Noteholders Issuer Secured Parties to be prior to all other liens in respect of the Trust Property, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Indenture Trustee, for the benefit of the NoteholdersIssuer Secured Parties, a first lien on and a first priority, perfected security interest in the Trust Property. The Issuer will from time to time prepare (or shall cause to be prepared), execute, file 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 1 contract

Samples: Indenture (Greenpoint Home Equity Loan Trust 1999 2)

Protection of Trust Property. The Issuer intends the security interest granted Granted pursuant to this Indenture in favor of the Indenture Trustee and the Noteholders Issuer Secured Parties to be prior to all other liens in respect of the Trust Property, and the Issuer shall take all actions necessary to obtain and maintain, in favor of the Indenture TrusteeTrust Collateral Agent, for the benefit of the NoteholdersIssuer Secured Parties, a first lien on and a first priority, perfected security interest in the Trust Property. The Issuer will from time to time prepare (or shall cause to be prepared), execute, file 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 1 contract

Samples: TFC Enterprises Inc

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