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Common use of Due Execution Clause in Contracts

Due Execution. This Transaction SUBI Supplement has been duly executed and delivered by the SUBI Trustee, and this Transaction SUBI Supplement and the Origination Trust Agreement are legal, valid and binding instruments enforceable against the SUBI Trustee in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency and other similar laws relating to the enforcement of creditors’ rights generally and to general principles of equity.

Appears in 29 contracts

Samples: Transaction Subi Supplement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Transaction Subi Supplement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Transaction Subi Supplement to Origination Trust Agreement (Vw Credit Leasing LTD)

Due Execution. This Transaction SUBI Supplement has been duly executed and delivered by the SUBI Trustee, and this Transaction SUBI Supplement and the Origination Trust Agreement are legal, valid and binding instruments enforceable against the SUBI Trustee in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency and other similar laws relating to the enforcement of creditors' rights generally and to general principles of equity.

Appears in 4 contracts

Samples: Transaction Subi Supplement (Volkswagen Public Auto Loan Securitization LLC), Transaction Subi Supplement (Volkswagen Auto Lease Trust 2004-A), Transaction Subi Supplement (Volkswagen Auto Lease Trust 2002-A)

Due Execution. This Transaction Purchased SUBI Supplement has been duly executed and delivered by the SUBI Trustee, and this Transaction Purchased SUBI Supplement and the Origination Trust Agreement are legal, valid and binding instruments enforceable against the SUBI Trustee in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency and other similar laws relating to the enforcement of creditors’ rights generally and to general principles of equity.;

Appears in 1 contract

Samples: Subi Supplement to Trust Agreement (Cef Equipment Holding LLC)