Ariz. Rev. Stat. § 47-9611
A. In this section, "notification date" means the earlier of the date on which:
C. To comply with subsection B of this section, the secured party shall send an authenticated notification of disposition to:
3. If the collateral is other than consumer goods:
(b) Any other secured party or lienholder that, ten days before the notification date, held a security interest in or other lien on the collateral perfected by the filing of a financing statement that:
E. A secured party complies with the requirement for notification prescribed by subsection C, paragraph 3, subdivision (b) of this section if:
2. Before the notification date, the secured party: