Common use of Good Title Clause in Contracts

Good Title. Immediately prior to the conveyance of the Receivables to the Trust pursuant to this Agreement, the Seller was the sole owner thereof and had good and indefeasible title thereto, free of any Lien and, upon execution and delivery of this Agreement by the Seller, the Trust shall have good and indefeasible title to and will be the sole owner of such Receivables, free of any Lien. The Seller has not taken any action to convey any right to any Person that would result in such Person having a right to payments received under the related Insurance Policies or the related Dealer Agreements or Dealer Assignments or to payments due under such Receivables. No Dealer has a participation in, or other right to receive, proceeds of any Receivable.

Good Title. Immediately prior to the conveyance of the Receivables to the Trust Purchaser pursuant to this Agreement, the Seller was the sole owner thereof and had good and indefeasible title thereto, free of any Lien and, upon execution and delivery of this Agreement by the Seller, the Trust Purchaser shall have good and indefeasible title to and will be the sole owner of such Receivables, free of any Lien. The Seller has not taken any action to convey any right to any Person that would result in such Person having a right to payments received under the related Insurance Policies or the related Dealer Agreements or Dealer Assignments or to payments due under such Receivables. No Dealer has a participation in, or other right to receive, proceeds of any Receivable.

Good Title. Immediately prior to the conveyance of the Receivables to the Trust pursuant to this Agreement, the Seller was the sole owner thereof and had good and indefeasible title thereto, free of any Lien and, upon execution and delivery of this Agreement by the Seller, the Trust shall have good and indefeasible title to and will be the sole owner of such Receivables, free of any Lien. The Seller has not taken any action to convey any right to any Person that would result in such Person having a right to payments received under the related Insurance Policies or the related Dealer Agreements or Dealer Assignments or to payments due under such Receivables. No Dealer has a participation in, or other right to receive, proceeds of any Receivable.. Receivable File Dealer Agreement

Good Title. Immediately prior to the conveyance of the Receivables to the Trust pursuant to this Agreement, the Seller was the sole owner thereof and had good and indefeasible title thereto, free of any Lien and, upon execution and delivery of this Agreement by the Seller, the Trust shall have good and indefeasible title to and will be the sole owner of such Receivables, free of any Lien. The Seller has not taken any action to convey any right to any Person that would result in such Person having a right to payments received under the related Insurance Policies or Policies, the related Dealer Agreements or Dealer Assignments Assignments[, the related Originator Agreements or Originator Assignments] or to payments due under such Receivables. No Dealer [or Originator] has a participation in, or other right to receive, proceeds of any Receivable.

Good Title. Immediately prior to the conveyance of the Receivables to the Trust pursuant to this the Sale and Servicing Agreement or Subsequent Transfer Agreement, as applicable, the Seller was the sole owner thereof and had good and indefeasible marketable title thereto, free of any Lien and, upon execution and delivery of this the Sale and Servicing Agreement by the Seller, the Trust shall have good and indefeasible marketable title to and will be the sole owner of such Receivables, free of any Lien. No Dealer or Correspondent has a participation in, or other right to receive, proceeds of any Receivable. The Seller has not taken any action to convey any right to any Person that would result in such Person having a right to payments received under the related Insurance Policies or the related Dealer Agreements or Dealer Assignments or Correspondent Agreements or Correspondent Assignment, if applicable, or to payments due under such Receivables. No Dealer has a participation in, or other right to receive, proceeds of any Receivable.

Good Title. Immediately prior to the conveyance of the Receivables to the Trust Purchaser pursuant to this Agreement, the Seller was the sole owner thereof and had good and indefeasible title thereto, free of any Lien and, upon execution and delivery of this Agreement by the Seller, the Trust Purchaser shall have good and indefeasible title to and will be the sole owner of such Receivables, free of any Lien. The Seller has not taken any action to convey any right to any Person that would result in such Person having a right to payments received under the related Insurance Policies or Policies, the related Dealer Agreements or Dealer Assignments Assignments[, the related Originator Agreements or Originator Assignments] or to payments due under such Receivables. No Dealer [or Originator] has a participation in, or other right to receive, proceeds of any Receivable.