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
Sources: Transfer Agreement (Orix Credit Alliance Receivables Trust 2000 B), Transfer Agreement (Orix Credit Alliance Receivables Trust 2000-A)
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
Sources: Indenture (Orix Credit Alliance Receivables Trust 2000-A), Indenture (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 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
Sources: Transfer and Servicing Agreement (Orix Credit Alliance Receivables Trust 2000 B)