Limitations on Equipment. With respect to the interests in Equipment that are subject to Pledges hereunder, such interests are limited to those that constitute Related Security for the related Receivable. Therefore, upon the payment in full of any Receivable, the Agent, the Company and the Bank Investors shall have no further interest hereunder in the related Equipment, and all such Equipment shall be held by the Operating Lease Pledgor or its assignee free and clear of any lien or other claim created or imposed pursuant to this Agreement.
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Sources: Transfer and Administration Agreement (Unicapital Corp), Transfer and Administration Agreement (Unicapital Corp)
Limitations on Equipment. With respect to the interests in Equipment that are subject to Pledges pledged hereunder, such interests are limited to those that constitute Related Security for the related Receivable. Therefore, upon the payment in full of any Receivable, the Agent, the Company and the Bank Investors shall have no further interest hereunder in the related Equipment, and all such Equipment shall be held by the Operating Lease Pledgor Borrower or its assignee free and clear of any lien or other claim created or imposed pursuant to this Agreement.
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