Termination of Security Interests. Upon the payment in full of all Series Secured Obligations, the Trustee shall, at the written request of the related Obligors and with the written consent of the Series Support Provider, if any, deliver such certificates, notices, and instruments stating that all Series Secured Obligations have been paid in full, and releasing the Trustee's Lien on the related Series Trust Estate with respect to such Series Secured Obligations.
Appears in 2 contracts
Samples: Master Lease Receivables Asset Backed Financing Facility Agreement (Marlin Business Services Inc), Master Lease Receivables Asset Backed Financing Facility Agreement (Marlin Business Services Inc)
Termination of Security Interests. Upon the payment in full of all Series Secured Obligations, the Trustee shall, at the written request of the related Obligors and with the written consent of the Series Support Provider, if any, deliver such certificates, notices, and instruments stating that all Series Secured Obligations have been paid in full, and releasing the Trustee's Lien on the related Series Trust Estate with respect to such Series Secured Obligations.the
Appears in 1 contract
Samples: Master Facility Agreement (Advanta Leasing Receivables Corp Ix)
Termination of Security Interests. Upon the payment in full of all Series Secured Obligations, the Trustee shall, at the written request of the related Series Obligors and with the written consent of the Series Support Provider, if any, deliver such certificates, notices, and instruments stating that all Series Secured Obligations have been paid in full, and releasing the Trustee's Lien on the related Series Trust Estate with respect to such Series Secured Obligations.
Appears in 1 contract
