Common use of Lien Created Clause in Contracts

Lien Created. This Indenture shall operate effectually as (a) a grant of lien on and security interest in, and (b) an assignment of, the Trust Estate.

Appears in 3 contracts

Sources: Indenture of Trust (Education Capital I LLC), Indenture of Trust (Nelnet Inc), Indenture of Trust (Nelnet Education Loan Funding Inc)

Lien Created. This Indenture shall operate effectually as (ai) a grant of lien on and security interest in, and (bii) an assignment of, the Trust Estate.

Appears in 1 contract

Sources: Indenture of Trust (Union Financial Services I Inc)