Common use of No Other Security Interests Clause in Contracts

No Other Security Interests. For each of the Receivables, reviewed the Data Tape to determine that each Receivable is only in one pool of receivables, determined that the executed transaction documents contained a Security Interest opinion of outside counsel in connection with the transaction, and determined that a recent annual UCC opinion was issued.

Appears in 36 contracts

Sources: Asset Representations Review Agreement (Ally Auto Receivables Trust 2019-4), Asset Representations Review Agreement (Ally Auto Receivables Trust 2019-4), Asset Representations Review Agreement (Ally Auto Receivables Trust 2019-3)

No Other Security Interests. For each of the Receivables, reviewed the Data Tape to determine that each Receivable is only in one pool of receivables, determined that the executed transaction documents contained a Security Interest security interest opinion of outside counsel in connection with the transaction, and determined that a recent annual UCC opinion was issued.

Appears in 2 contracts

Sources: Asset Representations Review Agreement (Ally Auto Assets LLC), Asset Representations Review Agreement (Ally Auto Assets LLC)

No Other Security Interests. For each of the Receivables, reviewed the Data Tape electronic data system to determine that each Receivable is only the Receivables are in one pool of receivables, determined that the executed transaction documents contained a Security Interest opinion of outside counsel in connection with the transaction, and determined that a recent annual UCC opinion was issuedissued in connection with the annual UCC opinion.

Appears in 1 contract

Sources: Asset Representations Review Agreement (Ally Auto Assets LLC)