Certificate of Title. The Servicer holds the Certificate of Title or the application for a Certificate of Title for each of the Financed Vehicles as of the date on which the related Contract is transferred to the Issuer and will obtain within 180 days of such date Certificates of Title with respect to each Financed Vehicle as to which the Servicer holds only such application.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Drive Auto Receivables LLC), Sale and Servicing Agreement (Santander Drive Auto Receivables LLC), Sale and Servicing Agreement (Drive Auto Receivables LLC)
Certificate of Title. The Servicer Servicer, in its capacity as agent of the Issuer and the Indenture Trustee, holds the Certificate certificate of Title title or the application for a Certificate certificate of Title title for each of the Financed Vehicles as of the date on which the related Contract is transferred to the Issuer Depositor and will obtain within 180 days of such date Certificates certificates of Title title with respect to each Financed Vehicle as to which the Servicer holds only such application.
Appears in 3 contracts
Samples: Contribution Agreement (Santander Drive Auto Receivables Trust 2007-3), Contribution Agreement (Santander Drive Auto Receivables Trust 2007-1), Contribution Agreement (Santander Drive Auto Receivables Trust 2007-2)
Certificate of Title. The Servicer Servicer, in its capacity as agent of the Issuer and the Indenture Trustee, holds the Certificate of Title or the application for a Certificate of Title for each of the Financed Vehicles as of the date on which the related Contract is transferred to the Issuer and will obtain within 180 days of such date Certificates of Title with respect to each Financed Vehicle as to which the Servicer holds only such application.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2007-3), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2007-2), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2007-1)
Certificate of Title. The Servicer holds the Certificate certificate of Title title or the application for a Certificate certificate of Title title for each of the Financed Vehicles as of the date on which the related Contract is transferred to the Issuer Depositor and will obtain within 180 days of such date Certificates certificates of Title title with respect to each Financed Vehicle as to which the Servicer holds only such application.
Appears in 2 contracts
Samples: Contribution Agreement (Santander Drive Auto Receivables LLC), Contribution Agreement (Drive Auto Receivables LLC)
