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Common use of Type Clause in Contracts

Type. The Receivables are either “accounts” or “payment intangibles” within the meaning of the applicable UCC.

Appears in 23 contracts

Sources: Omnibus Amendment (Verizon Owner Trust 2020-A), Transfer and Servicing Agreement (Verizon Owner Trust 2020-B), Omnibus Amendment (Verizon Owner Trust 2020-C)

Type. The Receivables are either Each Receivable is an “accountsaccount” or “payment intangiblesintangible” within the meaning of the applicable UCC.

Appears in 3 contracts

Sources: Transfer and Servicing Agreement (Verizon ABS LLC), Transfer and Servicing Agreement (Verizon ABS LLC), Transfer and Servicing Agreement (Verizon ABS LLC)

Related Clauses

  • Types
  • Nature
  • Category
  • Description
  • Size

Parent Clauses

  • Issuer’s Representations and Warranties About Security Interest
  • Covenants Representations and Warranties
  • Representations and Warranties About Security Interest
  • Depositor’s Representations and Warranties About Sold Property
  • Representations and Warranties About Depositor Transferred Property

Sub-Clauses

  • Headrail
  • Pilaster
  • Floor to Ceiling Supported Pilaster
  • Screen
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