Common use of Permitted Security Interest Clause in Contracts

Permitted Security Interest. For purposes of Section 7 of this Agreement, Party A hereby consents to the Permitted Security Interest, subject to the provisions of paragraph (c) below.

Appears in 23 contracts

Sources: Master Agreement (Santander Drive Auto Receivables LLC), Master Agreement (Santander Drive Auto Receivables LLC), Master Agreement (Santander Drive Auto Receivables LLC)

Permitted Security Interest. For purposes of Section 7 of this Agreement, Party A hereby consents to the Permitted Security Interest, subject to the provisions of paragraph (c) below.

Appears in 15 contracts

Sources: Isda Master Agreement (Carvana Receivables Depositor LLC), Isda Master Agreement (Nissan Auto Receivables Corp Ii), Master Agreement (Fifth Third Holdings Funding, LLC)

Permitted Security Interest. For purposes of Section 7 of this Agreement, Party A the Counterparty hereby consents to the Permitted Security Interest, subject to the provisions of this paragraph (c) below.

Appears in 7 contracts

Sources: Isda Master Agreement, Isda Master Agreement (SLM Private Credit Student Loan Trust 2007-A), Interest Cap Agreement (SLM Student Loan Trust 2007-6)

Permitted Security Interest. For purposes of Section 7 of this Agreement, Party A hereby consents to the Permitted Security Interest, subject to the provisions of paragraph (ch) below.

Appears in 2 contracts

Sources: Interest Rate Cap Agreement (Circuit City Credit Card Master Trust), Isda Master Agreement (First North American National Bank)