Security Interest in Funds and Investments. Assuming the ------------------------------------------ retention of funds in the Trust Accounts and/or the Spread Account, such funds will be subject to a valid and perfected, first priority security interest in favor of the Trust Collateral Agent on behalf of the Trustee (for the benefit of the Noteholders and Financial Security).^
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (TFC Enterprises Inc)
Security Interest in Funds and Investments. Assuming the ------------------------------------------ retention of funds in the Trust Accounts and/or the Spread Account, such funds will be subject to a valid and perfected, first priority security interest in favor of the Trust Collateral Agent on behalf of the Trustee (for the benefit of the Noteholders and Financial Security).^Radian).
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (TFC Enterprises Inc)
Security Interest in Funds and Investments. Assuming the ------------------------------------------ retention of funds in the Trust Accounts and/or the Spread Account, such funds will be subject to a valid and perfected, first priority security interest in favor of the Trust Collateral Agent on behalf of the Trustee (for the benefit of the Noteholders and Financial Security).^AGIC).
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (TFC Enterprises Inc)
Security Interest in Funds and Investments. Assuming the ------------------------------------------ retention of funds in the Trust Accounts and/or the Spread Account, such funds will be subject to a valid and perfected, first priority security interest in favor of the Trust Collateral Agent on behalf of the Trustee (for the benefit of the Noteholders and Financial Security).^Radian).
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (TFC Enterprises Inc)