Protection of Right, Title and Interest to Receivables. The Seller, at its expense, shall cause this Agreement, all amendments hereto and/or all financing statements and continuation statements and any other necessary documents covering the Purchaser’s right, title and interest to the Receivables and other property conveyed by the Seller to the Purchaser hereunder to be promptly recorded, registered and filed, and at all times to be kept recorded, registered and filed, all in such manner and in such places as may be required by law fully to preserve and protect the right, title and interest of the Purchaser hereunder to all of the Receivables and such other property. The Seller shall deliver to the Purchaser file-stamped copies of, or filing receipts for, any document recorded, registered or filed as provided above, as soon as available following such recording, registration or filing. The Purchaser shall cooperate fully with the Seller in connection with the obligations set forth above and will execute any and all documents reasonably required to fulfill the intent of this subsection.
Appears in 1 contract
Sources: Receivables Purchase Agreement
Protection of Right, Title and Interest to Receivables. (a) ------------------------------------------------------ The Seller, at its expense, Sellers shall cause this Agreement, all amendments hereto and/or all financing statements and continuation statements and any other necessary documents covering the Purchaser’s Buyer's right, title and interest to the Receivables and other property conveyed by the Seller to the Purchaser hereunder Collateral Security relating thereto to be promptly recorded, registered and filed, and at all times to be kept recorded, registered and filed, all in such manner and in such places as may be required by law fully to preserve and protect the right, title and interest of the Purchaser hereunder to all of the Receivables and such other propertyBuyer hereunder. The Each Seller shall deliver to the Purchaser Buyer file-stamped copies of, or filing receipts for, any document recorded, registered or filed as provided above, as soon as available following such recording, registration or filing. The Purchaser Buyer shall cooperate fully with the Seller Sellers in connection with the obligations set forth above and will execute any and all documents reasonably required to fulfill the intent of this subsectionSection 7.2(a).
Appears in 1 contract
Sources: Receivables Contribution and Sale Agreement (Deutsche Floorplan Receivables L P)