Common use of New Vehicles Clause in Contracts

New Vehicles. Each Vehicle related to a Unit included in the Transaction SUBI Portfolio was a new Vehicle at the inception of the related Lease.

Appears in 15 contracts

Samples: Subi Sale Agreement, Subi Sale Agreement (Volkswagen Auto Lease Trust 2015-A), Subi Sale Agreement (Volkswagen Auto Lease Trust 2015-A)

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New Vehicles. Each Vehicle related to a Unit included in the Transaction SUBI Portfolio was a new Vehicle at the inception of the related Lease.

Appears in 4 contracts

Samples: Subi Sale Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Subi Sale Agreement (Volkswagen Public Auto Loan Securitization LLC), Subi Sale Agreement (Volkswagen Auto Lease Trust 2002-A)

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