Compliance with EU Retention Rules. NMAC represents, warrants and agrees, solely for the benefit of those holders of beneficial interests in any Notes which are institutional investors to which any of the EU Retention Rules applies, in connection with the EU Retention Rules, on an ongoing basis, so long as any Notes remain Outstanding, that:
Appears in 4 contracts
Samples: Basic Servicing Agreement (Nissan Auto Leasing LLC Ii), Basic Servicing Agreement (Nissan Auto Leasing LLC Ii), Basic Servicing Agreement (Nissan Auto Lease Trust 2017-B)
Compliance with EU Retention Rules. βNMAC representshereby confirms, represents and warrants to and agreesagrees with, and irrevocably and unconditionally undertakes, solely for the benefit of those holders of beneficial interests in any Notes which are institutional investors to which any of the EU Retention Rules applieseach Applicable Investor, in connection with the EU Retention Rules, on an ongoing basis, so long as any Notes remain Outstanding, that:
Appears in 2 contracts
Samples: Transfer and Servicing Agreement, Transfer and Servicing Agreement (Nissan Master Owner Trust Receivables)
