Origination of Leases Sample Clauses

Origination of Leases. The Lease was originated by a Dealer in the United States and has a garaging location in an Eligible State. The Lease was originated by a Dealer for the retail lease of a Leased Vehicle in the ordinary course of the Dealer’s business. The Lease was signed by the parties to the Lease. The Lease was purchased by a Titling Company qualified to hold the Lease and the related Leased Vehicle and was validly assigned by the Dealer to that Titling Company.
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Origination of Leases. Each Lease was originated by a Dealer in the ordinary course of its business and has been fully executed by the parties thereto and at the time of its origination, substantially complied with the Servicer’s Credit and Collection Policy.
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Origination of Leases. The Lease was originated by a Dealer in the United States and has a garaging location in an Eligible State. The Lease was originated by a Dealer for the retail lease of a Leased Vehicle in the ordinary course of the Dealer’s business. The Lease was signed by the parties to the Lease. The Lease was purchased by a Titling Company qualified to hold the Lease and the related Leased Vehicle and was validly assigned by the Dealer to that Titling Company. Test 3.3(a) — 1: Dealer Address Observe the address of the Dealer on the Lease and confirm it is in the United States. Test 3.3(a) — 2: Garaging Location Observe the Lease account in Ford Credit’s receivables systems and confirm the state in the garaging address on the date of the Lease corresponds to the correct Titling Company as stated in the applicable Ford Credit procedure. Test 3.3(a) — 3: Lease Signed Observe the Lease and confirm signatures are present for the Dealer and the Lessee. Test 3.3(a) — 4: Lease Form Observe the form number and revision date on the Lease and confirm they are on the List of Approved Contract Forms. Test 3.3(a) — 5:
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Origination of Leases. The Servicer shall maintain, in the --------------------- ordinary course of its business, the Dealer Agreements from time to time in its reasonable discretion (together with such supplemental agreements as shall be necessary to permit the Trust to enforce any rights against the Dealers) and shall originate Leases thereunder in accordance with its customary and usual procedures. The Servicer shall direct any party responsible for preparing or filing applications for the initial Certificate of Title for each Leased Vehicle to show on each such application the owner of the Leased Vehicle as "Navistar Leasing Company" or the name of the General Interest Trustee and referring to the quoted phrase or such other similar phrase as will satisfy the Registrar of Titles in each relevant jurisdiction, or such other designation(s) as the Servicer shall determine. The obligations of the Servicer pursuant to this Section 2.4 shall survive any partial or complete termination of this Agreement with respect to the Servicer pursuant hereto for any Lease entered into prior to the termination of this Agreement.
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Related to Origination of Leases

  • Assignment of Lease 10.01. The Tenant may not assign the Lease or sublet all or any part of the Premises or otherwise grant possession of the Premises or any portion thereof to any other person without first obtaining the prior written consent of the Landlord, such consent not to be unreasonably withheld. In no event shall the Tenant be released or discharged from the full performance of this Lease and the payment of all rents and monies and the observance of all covenants, agreements, terms and conditions herein contained and any such consent granted by the Landlord shall not be deemed or implied as consent to any further or subsequent assignment or subletting. In the event this Lease is assigned or all or a portion of the Premises sublet, the Tenant shall pay all reasonable out-of-pocket expenses incurred by the Landlord in any such assignment or subletting, including the Landlord’s legal costs in connection therewith and a non-refundable amount of Five Hundred Dollars ($500.00) in advance to the Landlord, representing a reasonable cost to the Landlord for reviewing such application. Any transferee shall enter into an agreement directly with the Landlord covenanting to be bound by all of the Tenant’s obligations hereunder to the extent applicable to it. Notwithstanding the foregoing provisions of this Section 10.01 or anything else contained herein, so long as Tenant is not then in default under this Lease beyond any applicable curative period provided for in this Lease, Tenant shall have the right, without the consent of Landlord, but otherwise in accordance with the requirements of this Lease, including without limitation, the obligation of any transferee to enter into an agreement directly with the Landlord covenanting to be bound by all of the Tenant’s obligations hereunder to the extent applicable, to assign this Lease and/or sublease the whole or part of the Premises to:

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