Related Security. NRPLC has not received notice of, and no solicitor employed in the NRPLC Solicitors' Department is actually aware of, any material litigation or claim, of any pending material litigation or claim, calling into question NRPLC's title to any Related Security or the value of any security therefor or its right to assign any such Related Security to the Mortgages Trustee;
Related Security. Abbey has not received written notice of any litigation or claim calling into question its title to any Related Security or the value of any security therefore or its right to assign any such Related Security to the Mortgages Trustee.
Related Security. Santander UK has not received written notice of any litigation or claim calling into question its title to any Related Security or the value of any security therefor or its right to assign any such Related Security to the Mortgages Trustee;
Related Security. (a) the Performance Undertaking (including, without limitation, all of Borrower’s rights, title and interest therein), (b) the Receivables Sale Agreement (including, without limitation, all of Borrower’s rights, title and interest therein), (c) all Lock-Boxes and Collection Accounts (including, without limitation, all of Borrower’s rights, title and interest therein), (d) with respect to any Receivable:
Related Security. Immediately prior to the purchase of any Contract on a Purchase Date, the Related Seller will have a perfected first priority Lien on all Related Security for such Contract. Following the assignment of any Contract to the Agent for the benefit of the Buyers, the Buyers will have a valid and perfected and enforceable first priority security interest in such Buyers' Contract and the Related Security. With respect to each Buyers' Contract, the dental equipment included in the Related Security is located in a state in which the filing of a financing statement under the UCC is required to perfect a security interest in goods of the type including such dental equipment; such filings have been duly made and show the Related Seller as secured party; and the Agent has the same rights as the secured party of record would have (if such secured party were still the owner of the Contract) against all Persons (including the Related Seller and any trustee in bankruptcy of the Related Seller) claiming an interest in such dental equipment included in the Related Security.
Related Security. Immediately prior to the sale by such Originator of any Contract on a Purchase Date, such Originator will have a perfected first priority Lien on all Related Security for each related Contract; provided, however, for those Contracts where the Related Security has a value of $10,000 or less, no UCC financing statement may be on file and therefore Purchaser will not have a perfected first priority Lien on such Related Security. Following the assignment of any Contract by such Originator to Purchaser, the Purchaser will have a valid and perfected and enforceable first priority security interest in such Contract and the Related Security (other than with respect to those Contracts secured by Related Security having a value of $10,000 or less). With respect to each Contract transferred by such Originator, the dental equipment and other goods included in the Related Security are located in a state in which the filing of a financing statement under the UCC is required to perfect a security interest in goods of the type including such dental equipment; such filings have been duly made and show such Originator as secured party; and the Purchaser has the same rights as the secured party of record would have (if such secured party were still the owner of the Contract) against all Persons (including such Originator and any trustee in bankruptcy of such Originator) claiming an interest in such dental equipment and other goods included in the Related Security; provided, however no filing may be made for those Contracts where the Related Security has a value of $10,000 or less.
Related Security. The Seller has not received notice of any material breach of the terms of any Related Security.
Related Security. ANPLC has not received written notice of any litigation or claim calling into question its title to any Related Security or the value of any security therefore or its right to assign any such Related Security to the Mortgages Trustee.
Related Security. Except for the releases contemplated ---------------- under Section 7.11 and 7.12, sell, assign (by operation of ------------ ----- law or otherwise) or otherwise dispose of, or create or suffer to exist, any Lien (other than the Primary Lien, the L/C Bank Lien or, with respect to VOIs and Lots relating to Pledged Contracts, any Permitted Encumbrances thereon) upon or with respect to, any Pledged Contract or any other Collateral, or any interests in either thereof, or upon or with respect to any Post Office Box, the Collection Account, the Spread Account, any Lock-Box Account or the L/C Cash Collateral Account, or assign any right to receive income in respect thereof. The Borrower shall immediately notify the Collateral Agent of the existence of any Lien on any Pledged Contract or any other Collateral, and the Borrower shall defend the right, title and interest of each of the Borrower and the Collateral Agent in, to and under the Pledged Contracts and all other Collateral, against all claims of third parties.
Related Security. All Related Security and Related Rights relating to any such receivable is legally binding and enforceable in accordance with its applicable terms.
