Common use of Security Interest in Funds and Investments Clause in Contracts

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)

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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)

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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)

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