Security Interest. This Agreement creates a valid and continuing security interest (as defined in the UCC) in the Receivables in favor of the Issuer, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.
Appears in 66 contracts
Samples: Sale and Servicing Agreement (Honda Auto Receivables 2024-3 Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2024-2 Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2024-2 Owner Trust)
Security Interest. This Agreement agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables in favor of the IssuerPurchaser, which security interest is prior to all other Liens, Liens (other than Permitted Liens and any Lien which will be released prior to the assignment hereunder) and is enforceable as such against all creditors of and purchasers from the RPA Seller.
Appears in 63 contracts
Samples: Receivables Purchase Agreement (Honda Auto Receivables 2024-3 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2024-2 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2024-2 Owner Trust)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral Portfolio in favor of the IssuerCollateral Agent, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 38 contracts
Samples: Loan and Servicing Agreement (Oaktree Strategic Credit Fund), Loan and Servicing Agreement (Oaktree Strategic Credit Fund), Loan and Security Agreement (North Haven Private Income Fund LLC)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the UCCUCC as in effect from time to time in the State of New York) in the Receivables Collateral in favor of the IssuerCollateral Agent, on behalf of the Secured Parties, which security interest is validly perfected under Article 9 of the UCC and is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 25 contracts
Samples: Loan and Security Agreement (Oaktree Specialty Lending Corp), Loan and Security Agreement (Kayne Anderson BDC, Inc.), Loan and Security Agreement (Palmer Square Capital BDC Inc.)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral in favor of the IssuerAdministrative Agent, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 24 contracts
Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral in favor of the IssuerCollateral Agent, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 23 contracts
Samples: Loan and Servicing Agreement (AG Twin Brook Capital Income Fund), Loan and Servicing Agreement (Star Mountain Lower Middle-Market Capital Corp), Loan and Servicing Agreement (Diameter Credit Co)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the UCCUCC as in effect from time to time in the State of New York) in the Receivables Collateral in favor of the IssuerAdministrative Agent, on behalf of the Secured Parties, which security interest is validly perfected under Article 9 of the UCC and is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 19 contracts
Samples: Loan and Security Agreement (New Mountain Guardian IV BDC, L.L.C.), Loan and Security Agreement (NMF SLF I, Inc.), Loan and Security Agreement (New Mountain Finance Corp)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables in favor of the IssuerPurchaser, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.
Appears in 19 contracts
Samples: Receivables Purchase Agreement (California Republic Funding LLC), Receivables Purchase Agreement (California Republic Auto Receivables Trust 2018-1), Receivables Purchase Agreement (California Republic Auto Receivables Trust 2018-1)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Borrower’s rights in the Collateral Portfolio in favor of the IssuerCollateral Agent, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 18 contracts
Samples: Loan and Servicing Agreement (SLR Investment Corp.), Loan and Servicing Agreement (SLR Investment Corp.), Loan and Servicing Agreement (SLR Senior Investment Corp.)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Sale Portfolio in favor of the IssuerPurchaser, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 18 contracts
Samples: Purchase and Contribution Agreement (Capitala Finance Corp.), Purchase and Sale Agreement (Morgan Stanley Direct Lending Fund), Purchase and Sale Agreement (Pennantpark Investment Corp)
Security Interest. (i) This Agreement creates a valid valid, continuing and continuing enforceable security interest (as defined in the applicable UCC) in the Receivables Loan Assets in favor of the IssuerTrust Depositor, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Originator;
Appears in 16 contracts
Samples: Transfer and Servicing Agreement (American Capital Strategies LTD), Transfer and Servicing Agreement (American Capital Strategies LTD), Transfer and Servicing Agreement (American Capital Strategies LTD)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral in favor of the IssuerCollateral Agent, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the SellerBorrower.
Appears in 11 contracts
Samples: Credit Agreement (Blue Owl Technology Finance Corp. II), Credit Agreement (Blue Owl Technology Income Corp.), Credit Agreement (Blue Owl Technology Finance Corp. II)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral in favor of the IssuerAdministrative Agent, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the SellerBorrower.
Appears in 11 contracts
Samples: Loan and Servicing Agreement (Carlyle Credit Solutions, Inc.), Loan and Servicing Agreement (Carlyle Secured Lending III), Loan and Servicing Agreement (ACRES Commercial Realty Corp.)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral Portfolio in favor of the IssuerTrustee, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 10 contracts
Samples: Loan and Servicing Agreement (Ares Capital Corp), Loan and Servicing Agreement (Ares Capital Corp), Loan and Servicing Agreement (Ares Capital Corp)
Security Interest. (i) This Agreement creates a valid valid, continuing and continuing enforceable security interest (as defined in the applicable UCC) in the Receivables Loan Assets in favor of the Issuer, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Trust Depositor;
Appears in 8 contracts
Samples: Transfer and Servicing Agreement (American Capital Strategies LTD), Transfer and Servicing Agreement (American Capital Strategies LTD), Transfer and Servicing Agreement (American Capital Strategies LTD)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the UCC) in the Receivables and the proceeds thereof in favor of the IssuerIssuing Entity, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the SellerDepositor.
Appears in 8 contracts
Samples: Form of Sale and Servicing Agreement (Caterpillar Financial Funding Corp), Sale and Servicing Agreement (Caterpillar Financial Asset Trust 2008-A), Sale and Servicing Agreement (Caterpillar Financial Funding Corp)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Loan Assets in favor of the Issuer, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Trust Depositor;
Appears in 8 contracts
Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the UCCUCC as in effect from time to time in the State of New York) in the Receivables Collateral in favor of the IssuerAdministrative Agent, on behalf of the Secured Parties, which security interest is validly perfected under Article 9 of the UCC and is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 7 contracts
Samples: And Collateral Management Agreement (Investcorp Credit Management BDC, Inc.), And Investment Management Agreement (Investcorp US Institutional Private Credit Fund), And Investment Management Agreement (Investcorp Credit Management BDC, Inc.)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral in favor of the IssuerTrustee, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 7 contracts
Samples: Loan and Servicing Agreement (NewStar Financial, Inc.), Loan and Servicing Agreement (NewStar Financial, Inc.), Loan and Servicing Agreement (NewStar Financial, Inc.)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the UCCUCC as in effect from time to time in the State of New York) in the Receivables Collateral in favor of the IssuerAdministrative Agent, on behalf of the Secured Parties, which security interest is validly perfected under Article 9 of the UCC and is prior to all other Liens other than Permitted Liens, and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 6 contracts
Samples: Loan and Security Agreement (Cim Real Estate Finance Trust, Inc.), Loan and Security Agreement (KKR FS Income Trust), Loan and Security Agreement (Cim Real Estate Finance Trust, Inc.)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables in favor of the IssuerIssuer in all right, title and interest of Trust Depositor in the Loan Assets, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Trust Depositor;
Appears in 6 contracts
Samples: Sale and Servicing Agreement (Horizon Technology Finance Corp), Sale and Servicing Agreement (Hercules Capital, Inc.), Sale and Servicing Agreement (Hercules Technology Growth Capital Inc)
Security Interest. (i) This Agreement creates a valid valid, continuing and continuing enforceable security interest (as defined in the applicable UCC) in the Receivables Collateral in favor of the Issuer, Trustee on behalf of the Secured Parties which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 5 contracts
Samples: Loan Funding and Servicing Agreement (Kohlberg Capital CORP), Loan Funding and Servicing Agreement (Patriot Capital Funding, Inc.), Loan Funding and Servicing Agreement (Kohlberg Capital CORP)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables in favor of the IssuerTrust Depositor in all right, title and interest of the Seller in the Loan Assets, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 5 contracts
Samples: Sale and Contribution Agreement (Hercules Capital, Inc.), Sale and Contribution Agreement (Horizon Technology Finance Corp), Sale and Contribution Agreement (Hercules Capital, Inc.)
Security Interest. (i) This Agreement creates a valid and continuing security interest in favor of the Issuer (as defined in the applicable UCC) in all right, title and interest of Trust Depositor in the Receivables in favor of the IssuerLoan Assets, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Trust Depositor;
Appears in 5 contracts
Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (NewStar Financial, Inc.), Sale and Servicing Agreement (Capitalsource Inc)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Transferred Collateral in favor of the IssuerBuyer, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.
Appears in 4 contracts
Samples: Purchase and Contribution Agreement (Monroe Capital Income Plus Corp), Purchase and Contribution Agreement (PennantPark Floating Rate Capital Ltd.), Purchase and Contribution Agreement (Monroe Capital Income Plus Corp)
Security Interest. (i) This Agreement creates a valid valid, continuing and continuing enforceable security interest (as defined in the applicable UCC) in the Receivables Purchased Assets in favor of the IssuerBuyer, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 4 contracts
Samples: Purchase and Sale Agreement (American Capital Strategies LTD), Purchase and Sale Agreement (American Capital Strategies LTD), Purchase and Sale Agreement (American Capital Strategies LTD)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables in favor of the IssuerTrust Depositor in all right, title and interest of the Originator in the Loan Assets, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Originator;
Appears in 4 contracts
Samples: Commercial Loan Sale Agreement (NewStar Financial, Inc.), Commercial Loan Sale Agreement (NewStar Financial, Inc.), Commercial Loan Sale Agreement (NewStar Financial, Inc.)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral of the Borrower in favor of the IssuerTrustee, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 3 contracts
Samples: Revolving Credit Agreement (NewStar Financial, Inc.), Revolving Credit Agreement (NewStar Financial, Inc.), Revolving Credit Agreement (NewStar Financial, Inc.)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Sale Portfolio in favor of the IssuerPurchaser, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Transferor;
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Monroe Capital Income Plus Corp), Purchase and Sale Agreement (Apollo Debt Solutions BDC), Purchase and Sale Agreement (GOLUB CAPITAL BDC, Inc.)
Security Interest. This Agreement agreement creates a valid and continuing security interest (as defined in the UCC) in the Receivables Collateral in favor of the IssuerAdministrator (for the benefit of the Secured Parties), which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Sellerof Borrower.
Appears in 3 contracts
Samples: Loan Agreement (Jarden Corp), Loan Agreement (Jarden Corp), Loan Agreement (Jarden Corp)
Security Interest. (1) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Assets in favor of the IssuerAdministrative Agent, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 3 contracts
Samples: Loan Certificate and Servicing Agreement (Capitalsource Inc), Loan Certificate and Servicing Agreement (Capitalsource Inc), Certificate and Servicing Agreement (Capitalsource Inc)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral in favor of the IssuerTrustee, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 3 contracts
Samples: Sale and Servicing Agreement (NewStar Financial, Inc.), Sale and Servicing Agreement (NewStar Financial, Inc.), Sale and Servicing Agreement (NewStar Financial, Inc.)
Security Interest. This (i) this Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Transferred Assets in favor of the IssuerBuyer and the Collateral Agent, as assignee, for the benefit of the Secured Parties, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 3 contracts
Samples: Sale, Contribution and Master Participation Agreement (Oxford Square Capital Corp.), Sale, Contribution and Master Participation Agreement (Oxford Square Capital Corp.), Contribution and Master Participation Agreement (TICC Capital Corp.)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Assets in favor of the IssuerTrustee, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 2 contracts
Samples: Sale and Servicing Agreement (MCG Capital Corp), Sale and Servicing Agreement (MCG Capital Corp)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Purchased Collateral in favor of the IssuerBuyer and the Administrative Agent as assignee on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 2 contracts
Samples: Sale and Contribution Agreement (Capitalsource Inc), Sale and Contribution Agreement (Capitalsource Inc)
Security Interest. i. This Agreement creates a valid and continuing security interest (as defined in the UCCUCC as in effect from time to time in the State of New York) in the Receivables Collateral in favor of the IssuerAdministrative Agent, on behalf of the Secured Parties, which security interest is validly perfected under Article 9 of the UCC and is prior to all other Liens other than Permitted Liens, and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 2 contracts
Samples: Assignment and Assumption Agreement (AG Twin Brook Capital Income Fund), Assignment and Assumption Agreement (AGTB Private BDC)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Sale Assets in favor of the IssuerBuyer, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 2 contracts
Samples: Purchase and Sale Agreement (CLST Holdings, Inc.), Purchase and Sale Agreement (CLST Holdings, Inc.)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables in favor of the IssuerBuyer in all right, title and interest of the Seller in the Collateral Obligations, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 2 contracts
Samples: Loan Sale and Contribution Agreement (WhiteHorse Finance, Inc.), Loan Sale and Contribution Agreement (WhiteHorse Finance, LLC)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Conveyed Assets in favor of the IssuerPurchaser, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 2 contracts
Samples: Loan Sale Agreement (Oaktree Specialty Lending Corp), Loan Sale Agreement (Fifth Street Senior Floating Rate Corp.)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the UCCUCC as in effect from time to time in the State of New York) in the Receivables Collateral in favor of the IssuerTrustee, on behalf of the Secured Parties, which security interest is validly perfected under Article 9 of the UCC and is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Borrower;
Appears in 2 contracts
Samples: Loan and Security Agreement (NewStar Financial, Inc.), Loan and Security Agreement (OFS Capital, LLC)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the UCC) in the Receivables and the proceeds thereof in favor of the Issuer, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Caterpillar Financial Asset Trust 2005-A), Sale and Servicing Agreement (Caterpillar Financial Asset Trust 2004-A)
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral in favor of the IssuerCompany, which security interest is prior to all other LiensAdverse Claims, and is enforceable as such against creditors of and purchasers from the Seller.Originators. The Collateral constitutes "accounts," "
Appears in 1 contract
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Purchased Assets in favor of the IssuerBuyer and the Trustee as assignee, for the benefit of the Trustee, the Investor Agent, the Swingline Investor and the Investors, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.
Appears in 1 contract
Samples: Purchase and Sale Agreement (NewStar Financial, Inc.)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Loan Assets in favor of the IssuerTrust Depositor, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Originator;
Appears in 1 contract
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables in favor of the IssuerIssuer in all right, title and interest of Originator in the Loan Assets, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Originator;
Appears in 1 contract
Samples: Sale and Servicing Agreement (Horizon Technology Finance Corp)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables in favor of the IssuerTrust Depositor in all right, title and interest of the Seller in the 2012-1 Loan Assets, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 1 contract
Samples: Sale and Contribution Agreement (Hercules Technology Growth Capital Inc)
Security Interest. This (i) this Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Transferred Assets in favor of the IssuerBuyer and the Administrative Agent, as assignee, for the benefit of the Secured Parties, which security interest is validly perfected under Article 9 of the UCC (to the extent it may be perfected under such Article) and is prior to all other Liens (other than Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 1 contract
Samples: Sale and Contribution Agreement (First Eagle Credit Opportunities Fund)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Pledged Property in favor of the IssuerAgent on behalf of the Purchaser and the Surety Provider, which security interest is prior to all other Liens, liens and security interests and is enforceable as such against creditors of and purchasers from the Seller.. The Receivables constitute "
Appears in 1 contract
Samples: Originators Receivables Sale Agreement (Wabash National Corp /De)
Security Interest. This (i) this Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Transferred Assets in favor of the IssuerBuyer, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 1 contract
Samples: Sale and Contribution Agreement (Investcorp Credit Management BDC, Inc.)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables in favor of the IssuerTrust Depositor in all right, title and interest of Originator in the Loan Assets, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Originator;
Appears in 1 contract
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Loan Assets in favor of the IssuerTrust, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Trust Depositor;
Appears in 1 contract
Security Interest. i.This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Collateral in favor of the IssuerAdministrative Agent, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the SellerBorrower.
Appears in 1 contract
Security Interest. This Agreement creates a valid and continuing security interest (as defined in the UCC) in the Receivables and the proceed thereof in favor of the Issuer, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Caterpillar Financial Funding Corp)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Conveyed Assets in favor of the IssuerTransferee and the Collateral Agent (as assignee, for the benefit of the Secured Parties), which security interest is prior to all other Liens (except for Permitted Liens), validly perfected under Article 9 of the UCC and is enforceable as such against creditors of and purchasers from the Seller.Transferor;
Appears in 1 contract
Samples: Sale and Contribution Agreement (T Series Middle Market Loan Fund LLC)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Sale Assets in favor of the IssuerBuyer and the Trustee as assignee of the Buyer, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 1 contract
Samples: Purchase and Contribution Agreement (NewStar Financial, Inc.)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables in favor of the IssuerTrust Depositor in all right, title and interest of the Seller in the 2013-1 Loan Assets, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 1 contract
Samples: Sale and Contribution Agreement (Horizon Technology Finance Corp)
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Purchased Collateral and Contributed Collateral in favor of the IssuerBuyer and the Trustee, on behalf of the Secured Parties, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.;
Appears in 1 contract
Security Interest. (i) This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables Loan Assets in favor of the Issuer, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Seller.Originator;
Appears in 1 contract
Samples: Sale and Servicing Agreement (Golub Capital BDC LLC)