Creation. Immediately prior to the conveyance of the Receivables pursuant to the Purchase Agreement, CNHICA owns and has good and marketable title to, or has a valid security interest in, the Receivables free and clear of any Lien, claim or encumbrance of any Person.
Appears in 59 contracts
Samples: Purchase Agreement (CNH Equipment Trust 2024-C), Purchase Agreement (CNH Equipment Trust 2024-C), Purchase Agreement (CNH Equipment Trust 2024-B)
Creation. Immediately prior to the conveyance of the Receivables pursuant to the Purchase Agreement, CNHICA CNHCA owns and has good and marketable title to, or has a valid security interest in, the Receivables free and clear of any Lien, claim or encumbrance of any Person.
Appears in 41 contracts
Samples: Purchase Agreement (CNH Equipment Trust 2014-A), Purchase Agreement (CNH Equipment Trust 2014-A), Purchase Agreement (CNH Equipment Trust 2013-D)