Common use of Security Interest in Equipment Clause in Contracts

Security Interest in Equipment. The Equipment securing the Contracts is located in the states listed on Schedule 1 to the Transfer and Servicing Agreement. The Originator has a perfected security interest in the Equipment and, upon the sale, transfer and assignment of the Contract Assets hereunder, the Trust Depositor will have a perfected security interest in the Equipment.

Appears in 2 contracts

Samples: Ocai Transfer Agreement (Orix Credit Alliance Receivables Trust 2000-A), Ocai Transfer Agreement (Orix Credit Alliance Receivables Trust 2000 B)

AutoNDA by SimpleDocs

Security Interest in Equipment. The Equipment securing the Contracts is located in the states listed on Schedule 1 to the Transfer and Servicing Agreement. The Originator Issuer has a perfected security interest in the Equipment and, upon the sale, transfer and assignment of the Contract Assets Collateral hereunder, the Trust Depositor Indenture Trustee will have a perfected security interest in the Equipment.

Appears in 2 contracts

Samples: Orix Credit Alliance Receivables Trust 2000-A, Orix Credit Alliance Receivables Trust 2000 B

Security Interest in Equipment. The Equipment securing the Contracts is located in the states listed on Schedule 1 to the Transfer and Servicing Agreement. The Originator Issuer has a perfected security interest in the Equipment in those states listed on Exhibit K in the Transfer and Servicing Agreement and, upon the sale, transfer and assignment of the Contract Assets Collateral hereunder, the Trust Depositor Indenture Trustee will have a perfected security interest in the EquipmentEquipment in those states where Equipment related to the Contracts in those states listed on Exhibit K in the Transfer and Servicing Agreement.

Appears in 1 contract

Samples: Indenture (Greatamerica Leasing Receivables 2000-1 LLC)

Security Interest in Equipment. The Equipment securing the Contracts is located in the states listed on Schedule 1 to the Transfer and Servicing this Agreement. The Originator Trust Depositor has a perfected security interest in the Equipment and, upon the sale, transfer and assignment of the Contract Assets hereunder, the Trust Depositor will have a perfected security interest in the Equipment.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Orix Credit Alliance Receivables Trust 2000 B)

AutoNDA by SimpleDocs

Security Interest in Equipment. The Equipment securing the Contracts is located in the states listed on Schedule 1 to the Transfer and Servicing this Agreement. The Originator Issuer has a perfected security interest in the Equipment and, upon the sale, transfer and assignment of the Contract Assets hereunder, the Trust Depositor will have a perfected security interest in the Equipment.,

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Greatamerica Leasing Receivables 2000-1 LLC)

Security Interest in Equipment. The Equipment securing the Contracts is located in the states listed on Schedule 1 to the Transfer and Servicing this Agreement. The Originator Issuer has a perfected security interest in the Equipment and, upon the sale, transfer and assignment of the Contract Assets hereunder, the Trust Depositor Indenture Trustee will have a perfected security interest in the Equipment.Equipment subject to Contracts in those states listed on Exhibit K.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Greatamerica Leasing Receivables 2000-1 LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.