UCCs. The Depositor shall have received acknowledgement copies of proper financing statements (Form UCC-1), naming the Lender as the seller (debtor) of the Conveyed Assets and the Depositor as buyer (secured party) or other similar instruments or documents as may be necessary or in the opinion of the Depositor desirable under the UCC or any comparable law to perfect the Depositor’s interest in the Conveyed Assets and executed copies of proper financing statements (Form UCC-3), if any, necessary to release all security interests and other rights of any Person in the Conveyed Assets previously granted by the Lender.
Appears in 4 contracts
Samples: Note Sale Agreement (ACAR Leasing Ltd.), Exchange Note Sale Agreement (ACAR Leasing Ltd.), Note Sale Agreement (ACAR Leasing Ltd.)
