Security Interest Enforcement Sample Clauses
Security Interest Enforcement a. Review the Receivable File and confirm that the security interest has not been subordinated and the Receivable maintains an enforceable first priority purchase money security interest in favor of John Deere Receivables LLC for the Financed Equipment
b. Observe the UCC documents and confirm that John Deere Receivables LLC, or an acceptable variation of the name, is reported as the first lien holder
c. Confirm that a lien search was completed and reflects no issues, or that the UCC filing was completed within 20 days of origination
Security Interest Enforcement a) Review the Receivable File and confirm that the security interest has not been subordinated and the Receivable maintains an enforceable security interest in favor of NMAC for the Financed Vehicle
Security Interest Enforcement a) Confirm the title documents show Santander Consumer USA or another Approved Party as the first lienholder
Security Interest Enforcement i) Review the Receivable File and confirm that the security interest has not been subordinated and the Receivable maintains an enforceable and first priority security interest in favor of ▇▇▇▇ Deere Receivables, Inc. or any of its affiliates for the Financed Equipment
Security Interest Enforcement. Exercise all rights and remedies available to a secured party under applicable law, including, but not limited to, the right to take possession of the Purchased Assets, sell the Purchased Assets in a public or private sale, and apply the proceeds to the outstanding debt due as of the date of the Notice and in compliance with Section 3.3, in each case solely pursuant to a security interest perfected by UCC-1 financing statements filed against the assets of VMED Consulting Inc.