Common use of No Adverse Interest of Collateral Agent Clause in Contracts

No Adverse Interest of Collateral Agent. The Collateral Agent shall not pledge, encumber, hypothecate, transfer, dispose of, or otherwise grant any third party interest in, the Certificates of Title except as expressly provided herein or as directed by the Trust or the applicable Secured Party pursuant to the related Financing Documents.

Appears in 3 contracts

Sources: Collateral Agency Agreement (GE TF Trust), Collateral Agency Agreement (GECB Equipment Funding, LLC), Collateral Agency Agreement (Cef Equipment Holding LLC)