Common use of Covenants of the Certificateholder Clause in Contracts

Covenants of the Certificateholder. Each Certificateholder, by becoming a beneficial owner of the Certificate, hereby acknowledges and agrees (a) that the Certificateholder is subject to the terms, provisions and conditions of the Certificate, to which the Certificateholder agrees to be bound; and (b) that it shall not take any position in such Certificateholder’s tax returns inconsistent with Section 2.05 herein and Section 2.13 of the Indenture.

Covenants of the Certificateholder. Each The Certificateholder, by becoming a beneficial owner acceptance of the Certificate, hereby acknowledges and agrees that: (a) that the Certificateholder it is subject to and bound by the terms, provisions and conditions of the Certificate, to which the Certificateholder agrees to be bound; and (b) that it shall not take any position in such Certificateholder’s its tax returns inconsistent with Section 2.05 herein and Section 2.13 of the Indenture.

Covenants of the Certificateholder. Each The Certificateholder, by becoming a beneficial owner acceptance of the Certificate, hereby acknowledges and agrees that: (a) that the Certificateholder it is subject to and bound by the terms, provisions and conditions of the Certificate, to which the Certificateholder agrees to be bound; and (b) that it shall not take any position in such Certificateholder’s its tax returns inconsistent with Section 2.05 herein and Section 2.13 2.06 of the Indenture.

Covenants of the Certificateholder. Each Certificateholder, by becoming a beneficial owner of the Certificate, hereby acknowledges and agrees (a) that the 4 (Nissan 2015-C Amended & Restated Trust Agreement) Certificateholder is subject to the terms, provisions and conditions of the Certificate, to which the Certificateholder agrees to be bound; and (b) that it shall not take any position in such Certificateholder’s tax returns inconsistent with Section 2.05 herein and Section 2.13 of the Indenture.

Covenants of the Certificateholder. Each A Certificateholder, by becoming acceptance of a beneficial owner of the Certificate, hereby acknowledges and agrees (a) that the Certificateholder is subject to the terms, provisions and conditions of the Certificate, to which the Certificateholder agrees to be bound; and (b) that it shall not take any position in such Certificateholder’s tax returns inconsistent with Section 2.05 herein and Section 2.13 2.06 of the Indenture.

Covenants of the Certificateholder. Each Certificateholder, by becoming an owner of a Certificate and beneficial owner of the CertificateIssuer, hereby acknowledges and agrees (a) that the Certificateholder is subject to the terms, provisions and conditions of the CertificateCertificate and this Agreement, to which the Certificateholder agrees to be bound; and (b) that it shall not take any position in such Certificateholder’s tax returns inconsistent with Section 2.05 2.6 herein and Section 2.13 2.14 of the Indenture.]