Custodial Duties of Servicer. The Servicer shall serve as custodian of the Lease Documents for the benefit of the Titling Company. The Lease Documents are hereby constructively delivered to the Titling Company with respect to each Lease and Leased Vehicle. In its capacity as custodian, the Servicer shall maintain possession of the Lease Documents as agent and bailee for the benefit of the Titling Company and all present and future Holders and Beneficiaries. The Servicer shall hold such Lease Documents (to the extent in tangible form) in the United States and, upon request, shall promptly provide a list of such locations to the requesting Holder or Registered Pledgee.
Appears in 4 contracts
Samples: Servicing Agreement (Nissan Auto Leasing LLC Ii), Servicing Agreement (Nissan Auto Leasing LLC Ii), Servicing Agreement (Nissan Auto Leasing LLC Ii)
