Common use of All Actions Taken Clause in Contracts

All Actions Taken. All actions necessary under the applicable UCC in any jurisdiction to be taken (i) to give the Issuer a first priority perfected security interest or ownership interest in the Series Certificate, and (ii) to give the Indenture Trustee a first priority perfected security interest therein (including, without limitation, UCC filings with the Delaware Secretary of State), in each case subject to any statutory or other non-consensual liens with respect to the Series Certificate, have been taken. The Depositor has no actual knowledge of any current statutory or other non-consensual liens to which the Series Certificate is subject.

Appears in 26 contracts

Sources: Deposit and Administration Agreement (Chase Manhattan Bank Usa Chase Credit Card Owner Tr 2000-1), Deposit and Administration Agreement (Chase Credit Card Owner Trust 2001-1), Deposit and Administration Agreement (Chase Manhattan Bank Chase Credit Card Owner Trust 2000 3)

All Actions Taken. All actions necessary under the applicable UCC in any jurisdiction to be taken (i) to give the Issuer a first priority perfected security interest or ownership interest in the Series Certificate, and (ii) to give the Indenture Trustee a first priority perfected security interest therein (including, without limitation, UCC filings with the Delaware Secretary of State), in each case subject to any statutory or other non-consensual liens with respect to the Series Certificate, have been taken. The Depositor has no actual knowledge of any current statutory or other non-consensual liens to which the Series Certificate is subject.

Appears in 1 contract

Sources: Deposit and Administration Agreement (Chase Credit Card Master Trust)