Good Title to Sold Property. Immediately before the sale and assignment under this Agreement, the Depositor has good and marketable title to the Sold Property free and clear of any Lien, other than Permitted Liens, and, immediately after the sale and assignment under this Agreement, the Issuer will have good and marketable title to the Sold Property, free and clear of any Lien, other than Permitted Liens.
Appears in 60 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-D), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-C)
Good Title to Sold Property. Immediately before the sale and assignment under this Agreement, the Depositor has good and marketable title to the Sold Property free and clear of any Lien, Lien other than Permitted Liens, Liens and, immediately after the sale and assignment under this Agreement, the Issuer will have good and marketable title to the Sold Property, free and clear of any Lien, Lien other than Permitted Liens.
Appears in 37 contracts
Samples: Exchange Note Sale Agreement (Ford Credit Auto Lease Trust 2024-B), Exchange Note Sale Agreement (Ford Credit Auto Lease Trust 2024-B), Exchange Note Sale Agreement (Ford Credit Auto Lease Trust 2024-A)
