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.
Appears in 26 contracts
Samples: Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-A)
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 '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.
Appears in 11 contracts
Samples: Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-A)
