Common use of Security Interest for “Obligations Clause in Contracts

Security Interest for “Obligations. The term “Obligations” as used in this Annex includes no additional obligations of Secured Party and, for purposes of the definition of Obligations in Paragraph 12, includes no additional obligations of Pledgor.

Appears in 7 contracts

Samples: Master Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Isda Master Agreement (Volkswagen Auto Loan Enhanced Trust 2007-1), Master Agreement (Volkswagen Auto Loan Enhanced Trust 2008-1)

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Security Interest for “Obligations. The term “Obligations” as used in this Annex includes no additional obligations of Secured Party and, for purposes of the definition of Obligations in Paragraph 12, includes no additional obligations of Pledgor. Credit Support Obligations.

Appears in 1 contract

Samples: Master Agreement (Nissan Auto Receivables Corp Ii)

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