Agreed Upon Procedures. Review the PPSR Search Certificate and confirm that Macquarie has registered a first-ranking mortgage on the Vehicle and check that no other registrations pre-date the Macquarie registration.
Appears in 2 contracts
Sources: Asset Representations Review Agreement (SMART ABS Series 2016-2us Trust), Asset Representations Review Agreement (SMART ABS Series 2016-2us Trust)
Agreed Upon Procedures. Review the PPSR Search Certificate and confirm that Macquarie has registered a first-ranking mortgage on the Vehicle and check that no other registrations pre-date the Macquarie registration.
Appears in 2 contracts
Sources: Asset Representations Review Agreement (SMART ABS Series 2016-2us Trust), Asset Representations Review Agreement (SMART ABS Series 2016-2us Trust)
Agreed Upon Procedures. Review If the Receivable constitutes a Loan Contract, review the PPSR Search Certificate and confirm that Macquarie has registered a first-ranking mortgage on the Vehicle and check that no other registrations pre-date the Macquarie registration.
Appears in 2 contracts
Sources: Asset Representations Review Agreement (SMART ABS Series 2016-2us Trust), Asset Representations Review Agreement (SMART ABS Series 2016-2us Trust)