Common use of SECURITY INTEREST; FINANCING STATEMENTS Clause in Contracts

SECURITY INTEREST; FINANCING STATEMENTS. The Agent shall have received all Uniform Commercial Code financing statements and documents of similar import in other jurisdictions reasonably requested by Noteholders recording the security interest(s) in favor of the Agent, on behalf of the Agent, created pursuant to the terms of the Transaction Documents. In addition, the Agent shall have received evidence of the release and termination of the security interests of any Person in any Containers to be acquired with the proceeds of such Advance.

SECURITY INTEREST; FINANCING STATEMENTS. The Agent shall have received all Uniform Commercial Code financing statements and documents of similar import in other jurisdictions reasonably requested by Noteholders recording the security interest(s) in favor of the Agent, on behalf of the AgentLender, created pursuant to the terms of the Transaction Documents. In addition, the Agent shall have received evidence of the release and termination of the security interests of any Person in any Containers to be acquired with the proceeds of such Advance.