Common use of Security Interest in Servicer Account Clause in Contracts

Security Interest in Servicer Account. As authorized by the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser, the EF Holdco Purchaser, OF V SPV, OF VI SPV, OF VII SPV, OF VIII SPV, OF IX SPV, OF X SPV and OF XII SPV pursuant to the Servicing Documents, the Initial Servicer hereby grants a security interest in all of its right, title and interest (if any) in, to and under (i) the Servicer Account and the EFCH Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EFCH Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EFCH Purchaser all EFCH Collections pursuant to the ECL Documents, (ii) the Servicer Account and the ECO Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECO Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECO Purchaser all ECO Collections pursuant to the ECL Documents, (iii) the Servicer Account and the ECL Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECL Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECL Purchaser all ECL Collections pursuant to the ECL Documents, (iv) the Servicer Account and the EPOB Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB Purchaser all EPOB Collections pursuant to the ECL Documents, (v) the Servicer Account and the EFCH-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EFCH-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EFCH-GS Purchaser all EFCH-GS Collections pursuant to the ECL Documents, (vi) the Servicer Account and the ECO-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECO-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECO-GS Purchaser all ECO-GS Collections pursuant to the ECL Documents, (vii) the Servicer Account and the EPOB-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB-GS Purchaser all EPOB-GS Collections pursuant to the ECL Documents, (viii) the Servicer Account and the EPOB2-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB2-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB2-GS Purchaser all EPOB2-GS Collections pursuant to the ECL Documents, (ix) the Servicer Account and the EF Holdco Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EF Holdco Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EF Holdco Purchaser all EF Holdco Collections pursuant to the EF Holdco Documents, (x) the Servicer Account and the OF V Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF V Trustee in order to secure the OF V Obligations, (xi) the Servicer Account and the OF VI Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VI Trustee in order to secure the OF VI Obligations, (xii) the Servicer Account and the OF VII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VII Trustee in order to secure the OF VII Obligations, (xiii) the Servicer Account and the OF VIII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VIII Trustee in order to secure the OF VIII Obligations, (xiv) the Servicer Account and the OF IX Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF IX Trustee in order to secure the OF IX Obligations, (xv) the Servicer Account and the OF X Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF X Trustee in order to secure the OF X Obligations and (xvi) the Servicer Account and the OF XII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF XII Trustee in order to secure the OF XII Obligations. The Trustees, the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser and the EF Holdco Purchaser hereby appoint the Collateral Trustee to act on behalf of such Trustees, the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser and the EF Holdco Purchaser in order to perfect its security interest and the Collateral Trustee acknowledges it is acting in such capacity.

Appears in 2 contracts

Samples: Intercreditor Agreement (Oportun Financial Corp), Intercreditor Agreement (Oportun Financial Corp)

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Security Interest in Servicer Account. As authorized by the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS PurchaserPRF III SPV, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser, the EF Holdco PurchaserOF I SPV, OF V SPV, OF VI II SPV, OF VII SPV, OF VIII SPV, OF IX SPV, OF X III SPV and OF XII IV SPV pursuant to the Servicing Documents, the Initial Servicer hereby grants a security interest in all of its right, title and interest (if any) in, to and under (i) the Servicer Account and the EFCH Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EFCH Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EFCH Purchaser all EFCH Collections pursuant to the ECL EFCH Documents, (ii) the Servicer Account and the ECO Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECO Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECO Purchaser all ECO Collections pursuant to the ECL ECO Documents, (iii) the Servicer Account and the ECL Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECL Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECL Purchaser all ECL Collections pursuant to the ECL Documents, (iv) the Servicer Account and the EPOB Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB Purchaser all EPOB Collections pursuant to the ECL Documents, (v) the Servicer Account and the EFCH-GS PRF III Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EFCH-GS Purchaser PRF III Trustee in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EFCH-GS Purchaser all EFCH-GS Collections pursuant to the ECL DocumentsPRF III Obligations, (vi) the Servicer Account and the ECO-GS OF I Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECO-GS Purchaser OF I Trustee in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECO-GS Purchaser all ECO-GS Collections pursuant to the ECL DocumentsOF I Obligations, (vii) the Servicer Account and the EPOB-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB-GS Purchaser all EPOB-GS Collections pursuant to the ECL Documents, (viii) the Servicer Account and the EPOB2-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB2-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB2-GS Purchaser all EPOB2-GS Collections pursuant to the ECL Documents, (ix) the Servicer Account and the EF Holdco Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EF Holdco Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EF Holdco Purchaser all EF Holdco Collections pursuant to the EF Holdco Documents, (x) the Servicer Account and the OF V Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF V Trustee in order to secure the OF V Obligations, (xiviii) the Servicer Account and the OF VI II Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VI II Trustee in order to secure the OF VI II Obligations, (xiiix) the Servicer Account and the OF VII III Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VII III Trustee in order to secure the OF VII Obligations, III Obligations and (xiiix) the Servicer Account and the OF VIII IV Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VIII IV Trustee in order to secure the OF VIII Obligations, (xiv) the Servicer Account and the OF IX Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF IX Trustee in order to secure the OF IX Obligations, (xv) the Servicer Account and the OF X Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF X Trustee in order to secure the OF X Obligations and (xvi) the Servicer Account and the OF XII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF XII Trustee in order to secure the OF XII IV Obligations. The Trustees, the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser and the EF Holdco EPOB Purchaser hereby appoint the Collateral Trustee to act on behalf of such Trustees, the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser and the EF Holdco EPOB Purchaser in order to perfect its security interest and the Collateral Trustee acknowledges it is acting in such capacity.

Appears in 1 contract

Samples: Intercreditor Agreement (Oportun Financial Corp)

Security Interest in Servicer Account. As authorized by the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser, the EF Holdco Purchaser, OF V SPV, OF IV SPV, OF VI SPV, OF VII SPV, OF VIII SPV, OF IX SPV, OF X SPV and OF XII X SPV pursuant to the Servicing Documents, the Initial Servicer hereby grants a security interest in all of its right, title and interest (if any) in, to and under (i) the Servicer Account and the EFCH Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EFCH Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EFCH Purchaser all EFCH Collections pursuant to the ECL Documents, (ii) the Servicer Account and the ECO Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECO Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECO Purchaser all ECO Collections pursuant to the ECL Documents, (iii) the Servicer Account and the ECL Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECL Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECL Purchaser all ECL Collections pursuant to the ECL Documents, (iv) the Servicer Account and the EPOB Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB Purchaser all EPOB Collections pursuant to the ECL Documents, (v) the Servicer Account and the EFCH-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EFCH-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EFCH-GS Purchaser all EFCH-GS Collections pursuant to the ECL Documents, (vi) the Servicer Account and the ECO-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECO-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECO-GS Purchaser all ECO-GS Collections pursuant to the ECL Documents, (vii) the Servicer Account and the EPOB-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB-GS Purchaser all EPOB-GS Collections pursuant to the ECL Documents, (viii) the Servicer Account and the EPOB2-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB2-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB2-GS Purchaser all EPOB2-GS Collections pursuant to the ECL Documents, (ix) the Servicer Account and the EF Holdco Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EF Holdco Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EF Holdco Purchaser all EF Holdco Collections pursuant to the EF Holdco Documents, (x) the Servicer Account and the OF V Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF V Trustee in order to secure the OF V Obligations, (xi) the Servicer Account and the OF IV Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF IV Trustee in order to secure the OF IV Obligations, (xii) the Servicer Account and the OF VI Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VI Trustee in order to secure the OF VI Obligations, (xiixiii) the Servicer Account and the OF VII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VII Trustee in order to secure the OF VII Obligations, (xiiixiv) the Servicer Account and the OF VIII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VIII Trustee in order to secure the OF VIII Obligations, (xivxv) the Servicer Account and the OF IX Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF IX Trustee in order to secure the OF IX Obligations, Obligations and (xvxvi) the Servicer Account and the OF X Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF X Trustee in order to secure the OF X Obligations and (xvi) the Servicer Account and the OF XII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF XII Trustee in order to secure the OF XII Obligations. The Trustees, the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser and the EF Holdco Purchaser hereby appoint the Collateral Trustee to act on behalf of such Trustees, the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser and the EF Holdco Purchaser in order to perfect its security interest and the Collateral Trustee acknowledges it is acting in such capacity.

Appears in 1 contract

Samples: Intercreditor Agreement (Oportun Financial Corp)

Security Interest in Servicer Account. As authorized by the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser, the EF Holdco Purchaser, OF V SPV, OF III SPV, OF IV SPV, OF VI SPV, OF VII SPV, OF VIII SPV, OF IX SPV, OF X SPV and OF XII VIII SPV pursuant to the Servicing Documents, the Initial Servicer hereby grants a security interest in all of its right, title and interest (if any) in, to and under (i) the Servicer Account and the EFCH Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EFCH Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EFCH Purchaser all EFCH Collections pursuant to the ECL Documents, (ii) the Servicer Account and the ECO Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECO Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECO Purchaser all ECO Collections pursuant to the ECL Documents, (iii) the Servicer Account and the ECL Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECL Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECL Purchaser all ECL Collections pursuant to the ECL Documents, (iv) the Servicer Account and the EPOB Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB Purchaser all EPOB Collections pursuant to the ECL Documents, (v) the Servicer Account and the EFCH-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EFCH-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EFCH-GS Purchaser all EFCH-GS Collections pursuant to the ECL Documents, (vi) the Servicer Account and the ECO-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECO-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECO-GS Purchaser all ECO-GS Collections pursuant to the ECL Documents, (vii) the Servicer Account and the EPOB-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB-GS Purchaser all EPOB-GS Collections pursuant to the ECL Documents, (viii) the Servicer Account and the EPOB2-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB2-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB2-GS Purchaser all EPOB2-GS Collections pursuant to the ECL Documents, (ix) the Servicer Account and the EF Holdco Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EF Holdco Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EF Holdco Purchaser all EF Holdco Collections pursuant to the EF Holdco Documents, (xix) the Servicer Account and the OF V Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF V Trustee in order to secure the OF V Obligations, (x) the Servicer Account and the OF III Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF III Trustee in order to secure the OF III Obligations, (xi) the Servicer Account and the OF IV Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF IV Trustee in order to secure the OF IV Obligations, (xii) the Servicer Account and the OF VI Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VI Trustee in order to secure the OF VI Obligations, (xiixiii) the Servicer Account and the OF VII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VII Trustee in order to secure the OF VII Obligations, Obligations and (xiiixiv) the Servicer Account and the OF VIII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VIII Trustee in order to secure the OF VIII Obligations, (xiv) the Servicer Account and the OF IX Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF IX Trustee in order to secure the OF IX Obligations, (xv) the Servicer Account and the OF X Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF X Trustee in order to secure the OF X Obligations and (xvi) the Servicer Account and the OF XII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF XII Trustee in order to secure the OF XII Obligations. The Trustees, the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser and the EF Holdco Purchaser hereby appoint the Collateral Trustee to act on behalf of such Trustees, the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser and the EF Holdco Purchaser in order to perfect its security interest and the Collateral Trustee acknowledges it is acting in such capacity.

Appears in 1 contract

Samples: Intercreditor Agreement (Oportun Financial Corp)

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Security Interest in Servicer Account. As authorized by the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser, the EF Holdco Purchaser, OF V SPV, OF VI II SPV, OF VII III SPV, OF VIII IV SPV, OF IX SPV, OF X VI SPV and OF XII VII SPV pursuant to the Servicing Documents, the Initial Servicer hereby grants a security interest in all of its right, title and interest (if any) in, to and under (i) the Servicer Account and the EFCH Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EFCH Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EFCH Purchaser all EFCH Collections pursuant to the ECL Documents, (ii) the Servicer Account and the ECO Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECO Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECO Purchaser all ECO Collections pursuant to the ECL Documents, (iii) the Servicer Account and the ECL Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECL Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECL Purchaser all ECL Collections pursuant to the ECL Documents, (iv) the Servicer Account and the EPOB Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB Purchaser all EPOB Collections pursuant to the ECL Documents, (v) the Servicer Account and the EFCH-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EFCH-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EFCH-GS Purchaser all EFCH-GS Collections pursuant to the ECL Documents, (vi) the Servicer Account and the ECO-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECO-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECO-GS Purchaser all ECO-GS Collections pursuant to the ECL Documents, (vii) the Servicer Account and the EPOB-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB-GS Purchaser all EPOB-GS Collections pursuant to the ECL Documents, (viii) the Servicer Account and the EPOB2-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB2-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB2-GS Purchaser all EPOB2-GS Collections pursuant to the ECL Documents, (ix) the Servicer Account and the EF Holdco Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EF Holdco Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EF Holdco Purchaser all EF Holdco Collections pursuant to the EF Holdco Documents, (xix) the Servicer Account and the OF V Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF V Trustee in order to secure the OF V Obligations, (x) the Servicer Account and the OF II Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF II Trustee in order to secure the OF II Obligations, (xi) the Servicer Account and the OF III Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF III Trustee in order to secure the OF III Obligations, (xii) the Servicer Account and the OF IV Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF IV Trustee in order to secure the OF IV Obligations, (xiii) the Servicer Account and the OF VI Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VI Trustee in order to secure the OF VI Obligations, Obligations and (xiixiv) the Servicer Account and the OF VII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VII Trustee in order to secure the OF VII Obligations, (xiii) the Servicer Account and the OF VIII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VIII Trustee in order to secure the OF VIII Obligations, (xiv) the Servicer Account and the OF IX Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF IX Trustee in order to secure the OF IX Obligations, (xv) the Servicer Account and the OF X Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF X Trustee in order to secure the OF X Obligations and (xvi) the Servicer Account and the OF XII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF XII Trustee in order to secure the OF XII Obligations. The Trustees, the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser and the EF Holdco Purchaser hereby appoint the Collateral Trustee to act on behalf of such Trustees, the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser and the EF Holdco Purchaser in order to perfect its security interest and the Collateral Trustee acknowledges it is acting in such capacity.

Appears in 1 contract

Samples: Intercreditor Agreement (Oportun Financial Corp)

Security Interest in Servicer Account. As authorized by the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, the EPOB-GS Purchaser, the EPOB2-GS Purchaser, the EF Holdco PurchaserOF I SPV, OF V SPV, OF VI II SPV, OF VII III SPV, OF VIII SPV, OF IX SPV, OF X IV SPV and OF XII VI SPV pursuant to the Servicing Documents, the Initial Servicer hereby grants a security interest in all of its right, title and interest (if any) in, to and under (i) the Servicer Account and the EFCH Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EFCH Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EFCH Purchaser all EFCH Collections pursuant to the ECL Documents, (ii) the Servicer Account and the ECO Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECO Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECO Purchaser all ECO Collections pursuant to the ECL Documents, (iii) the Servicer Account and the ECL Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECL Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECL Purchaser all ECL Collections pursuant to the ECL Documents, (iv) the Servicer Account and the EPOB Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB Purchaser all EPOB Collections pursuant to the ECL Documents, (v) the Servicer Account and the EFCH-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EFCH-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EFCH-GS Purchaser all EFCH-GS Collections pursuant to the ECL Documents, (vi) the Servicer Account and the ECO-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the ECO-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the ECO-GS Purchaser all ECO-GS Collections pursuant to the ECL Documents, (vii) the Servicer Account and the EPOB-GS Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB-GS Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB-GS Purchaser all EPOB-GS Collections pursuant to the ECL Documents, (viii) the Servicer Account and the EPOB2-GS OF I Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EPOB2-GS Purchaser OF I Trustee in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EPOB2-GS Purchaser all EPOB2-GS Collections pursuant to the ECL DocumentsOF I Obligations, (ix) the Servicer Account and the EF Holdco Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the EF Holdco Purchaser in order to secure the obligations of Oportun and the Initial Servicer to turn over to the EF Holdco Purchaser all EF Holdco Collections pursuant to the EF Holdco Documents, (x) the Servicer Account and the OF V Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF V Trustee in order to secure the OF V Obligations, (x) the Servicer Account and the OF II Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF II Trustee in order to secure the OF II Obligations, (xi) the Servicer Account and the OF III Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF III Trustee in order to secure the OF III Obligations, (xii) the Servicer Account and the OF IV Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF IV Trustee in order to secure the OF IV Obligations and (xiii) the Servicer Account and the OF VI Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VI Trustee in order to secure the OF VI Obligations, (xii) the Servicer Account and the OF VII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VII Trustee in order to secure the OF VII Obligations, (xiii) the Servicer Account and the OF VIII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF VIII Trustee in order to secure the OF VIII Obligations, (xiv) the Servicer Account and the OF IX Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF IX Trustee in order to secure the OF IX Obligations, (xv) the Servicer Account and the OF X Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF X Trustee in order to secure the OF X Obligations and (xvi) the Servicer Account and the OF XII Collections on deposit in the Servicer Account in favor of the Collateral Trustee on behalf of the OF XII Trustee in order to secure the OF XII Obligations. The Trustees, the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, Purchaser and the EPOB-GS Purchaser, the EPOB2-GS Purchaser and the EF Holdco Purchaser hereby appoint the Collateral Trustee to act on behalf of such Trustees, the EFCH Purchaser, the ECO Purchaser, the ECL Purchaser, the EPOB Purchaser, the EFCH-GS Purchaser, the ECO-GS Purchaser, Purchaser and the EPOB-GS Purchaser, the EPOB2-GS Purchaser and the EF Holdco Purchaser in order to perfect its security interest and the Collateral Trustee acknowledges it is acting in such capacity.

Appears in 1 contract

Samples: Intercreditor Agreement (Oportun Financial Corp)

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