Common use of Obligations Cumulative Clause in Contracts

Obligations Cumulative. The obligations of the Depositor and NMAC under this Section shall be in addition to any liability that the Depositor or NMAC may otherwise have and shall extend, upon the same terms and conditions, to each person, if any, who controls any Underwriter within the meaning of the Act; and the obligations of the Underwriters under this Section shall be in addition to any liability that the respective Underwriters may otherwise have and shall extend, upon the same terms and conditions, to each director of the Depositor or NMAC, to each officer of the Depositor or NMAC who has signed the Registration Statement and to each person, if any, who controls NMAC or the Depositor within the meaning of the Act.

Appears in 19 contracts

Samples: Underwriting Agreement (Nissan Auto Lease Trust 2017-A), Underwriting Agreement (Nissan Auto Lease Trust 2016-B), Underwriting Agreement (Nissan Auto Lease Trust 2016-A)

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Obligations Cumulative. The obligations of the Depositor and NMAC under this Section shall be in addition to any liability that the Depositor or NMAC may otherwise have and shall extend, upon the same terms and conditions, to each personofficer, if anydirector, who controls any Underwriter within the meaning agent and employee of the ActUnderwriters and to each Control Person; and the obligations of the Underwriters under this Section shall be in addition to any liability that the respective Underwriters may otherwise have and shall extend, upon the same terms and conditions, to each director director, officer, agent and employee of the Depositor or NMAC, NMAC and to each officer of the Depositor or NMAC who has signed the Registration Statement and to each person, if any, who controls NMAC or the Depositor within the meaning of the ActStatement.

Appears in 7 contracts

Samples: Underwriting Agreement (Nissan Auto Leasing LLC Ii), Underwriting Agreement (Nissan Auto Leasing LLC Ii), Underwriting Agreement (Nissan Auto Leasing LLC Ii)

Obligations Cumulative. The obligations of the Depositor and NMAC under this Section shall be in addition to any liability that the Depositor or NMAC may otherwise have and shall extend, upon the same terms and conditions, to each personofficer, if anymanager, who controls any Underwriter within the meaning director, agent and employee of the ActUnderwriters and to each Control Person; and the obligations of the Underwriters under this Section shall be in addition to any liability that the respective Underwriters may otherwise have and shall extend, upon the same terms and conditions, to each director manager, director, officer, agent and employee of the Depositor or NMAC, NMAC and to each officer of the Depositor or NMAC who has signed the Registration Statement and to each person, if any, who controls NMAC or the Depositor within the meaning of the ActStatement.

Appears in 6 contracts

Samples: Underwriting Agreement (Nissan Auto Lease Trust 2024-A), Underwriting Agreement (Nissan Auto Lease Trust 2023-A), Underwriting Agreement (Nissan Auto Lease Trust 2021-A)

Obligations Cumulative. The obligations of the Depositor and NMAC under this Section shall be in addition to any liability that the Depositor or NMAC may otherwise have and shall extend, upon the same terms and conditions, to each person, if any, who controls any 25 (Nissan 2015-B Underwriting Agreement) Underwriter within the meaning of the Act; and the obligations of the Underwriters under this Section shall be in addition to any liability that the respective Underwriters may otherwise have and shall extend, upon the same terms and conditions, to each director of the Depositor or NMAC, to each officer of the Depositor or NMAC who has signed the Registration Statement and to each person, if any, who controls NMAC or the Depositor within the meaning of the Act.

Appears in 1 contract

Samples: Underwriting Agreement (Nissan Auto Lease Trust 2015-B)

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Obligations Cumulative. The obligations of the Depositor and NMAC under this Section shall be in addition to any liability that the Depositor or NMAC may otherwise have and shall extend, upon the same terms and conditions, to each person, if any, who controls any Underwriter within the meaning of the Act; and the obligations of the Underwriters under this Section shall be in addition to any liability that the respective Underwriters may otherwise have and shall extend, upon the same terms and conditions, to each director of the Depositor or NMAC, to each officer of the Depositor or NMAC who has signed the Registration Statement and to each person, if any, who controls NMAC or the Depositor within the meaning of the Act.. 25 (Nissan 20[●]-[●] Underwriting Agreement)

Appears in 1 contract

Samples: Underwriting Agreement (Nissan-Infiniti Lt)

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