Common use of Security Interest Representations Clause in Contracts

Security Interest Representations. (a) This Supplement and the Indenture create a valid and continuing security interest (as defined in the UCC) in the Collateral in favor of the Indenture Trustee, for the benefit of the Noteholders and any Hedge Counterparty, which security interest is prior to all other Liens (other than Permitted Encumbrances), and is enforceable as such as against creditors of and purchasers from the Issuer.

Security Interest Representations. (a) This Supplement and the The Indenture create creates a valid and continuing security interest (as defined in the UCC) in the Collateral in favor of the Indenture Trustee, for the benefit of the Noteholders and any each Hedge Counterparty, which security interest is prior to all other Liens (other than Permitted Encumbrances)Liens, and is enforceable as such as against creditors of and purchasers from the Issuer.

Security Interest Representations. (a) This Supplement and the Indenture create a valid and continuing security interest (as defined in the UCC) in the Collateral in favor of the Indenture Trustee, for the benefit of the Noteholders Noteholders, each Series Enhancer, and any each Interest Rate Hedge CounterpartyProvider, which security interest is prior to all other Liens (other than Permitted Encumbrances)Liens, and is enforceable as such as against creditors of and purchasers from the Issuer.

Security Interest Representations. (a) This Supplement and the The Indenture create creates a valid and continuing security interest (as defined in the UCC) in the Collateral in favor of the Indenture Trustee, for the benefit of the Noteholders and any Hedge Counterparty, which security interest is prior to all other Liens (other than Permitted Encumbrances)Liens, and is enforceable as such as against creditors of and purchasers from the Issuer.

Security Interest Representations. (a) This Supplement and the Indenture create a valid and continuing security interest (as defined in the UCC) in the Collateral in favor of the Indenture Trustee, for the benefit of the Series 2013-1 Noteholders and any Interest Rate Hedge CounterpartyProvider, which security interest is prior to all other Liens (other than Permitted Encumbrances), and is enforceable as such as against creditors of and purchasers from the Issuer.

Security Interest Representations. (a) This Supplement and the Indenture create a valid and continuing security interest (as defined in the UCC) in the Collateral in favor of the Indenture Trustee, for the benefit of the Noteholders Noteholders, each Series Enhancer and any each Interest Rate Hedge CounterpartyProvider, which security interest is prior to all other Liens (other than Permitted Encumbrances)Liens, and is enforceable as such as against creditors of and purchasers from the Issuer.

Security Interest Representations. (a) This Supplement and the Indenture create creates a valid and continuing security interest (as defined in the applicable UCC) in the Collateral in favor of the Indenture Trustee, Trustee (for the benefit of the Noteholders and any Noteholders, each Currency Hedge Counterparty, each Interest Rate Hedge Counterparty and the Administrative Agent), which security interest is prior to all other Liens (other than Permitted EncumbrancesLiens on beneficially owned items of Collateral), and is enforceable as such as against creditors of and purchasers from the Issuer.

Security Interest Representations. (a) This Supplement, the Series 2005-1 Supplement and the Indenture create a valid and continuing security interest (as defined in the UCC) in the Collateral in favor of the Indenture Trustee, for the benefit of the Noteholders Noteholders, each Series Enhancer and any Hedge Counterparty, which security interest is prior to all other Liens (other than Permitted Encumbrances), and is enforceable as such as against creditors of and purchasers from the Issuer.

Security Interest Representations. (a) This Supplement and the Indenture create a valid and continuing security interest (as defined in the applicable UCC) in the Collateral in favor of the Indenture Trustee, Trustee (for the benefit of the Noteholders and any Hedge Counterpartythe Administrative Agent), which security interest is prior to all other Liens (other than Permitted Encumbrances)Liens, and is enforceable as such as against creditors of and purchasers from the Issuer.

Security Interest Representations. (a) This Supplement and the Indenture create creates a valid and continuing security interest (as defined in the applicable UCC) in the Collateral in favor of the Indenture Trustee, Trustee (for the benefit of the Noteholders and any each Currency Hedge Counterparty, each Interest Rate Hedge Counterparty and the Administrative Agent), which security interest is prior to all other Liens (other than Permitted EncumbrancesLiens on beneficially owned items of Collateral), and is enforceable as such as against creditors of and purchasers from the Issuer.

Security Interest Representations. (a) This Supplement and the Indenture create creates a valid and continuing security interest (as defined in the UCC) in the Series 2020-1 Specific Collateral in favor of the Indenture Trustee, for the benefit of the Noteholders and any Hedge CounterpartySeries 2020-1 Noteholders, which security interest is prior to all other Liens (other than Permitted Encumbrances), and is enforceable as such as against creditors of and purchasers from the Issuer.

Security Interest Representations. (a) This Supplement and the Indenture create a valid and continuing security interest (as defined in the applicable UCC) in the Collateral in favor of the Indenture Trustee, Trustee (for the benefit of the Noteholders and any Noteholders, the Interest Rate Hedge Counterparty, the Currency Hedge Counterparty and the Administrative Agent), which security interest is prior to all other Liens (other than Permitted Encumbrances)Liens, and is enforceable as such as against creditors of and purchasers from the Issuer.