Common use of Other Liens or Interests Clause in Contracts

Other Liens or Interests. Except for the conveyances hereunder and pursuant to the Sale and Servicing Agreement, the Indenture and the other Basic Documents, CNHICA: (a) will not sell, pledge, assign or transfer to any Person, or grant, create, incur, assume or suffer to exist any Lien on, any interest in, to and under the Receivables, and (b) shall defend the right, title and interest of CNHCR in, to and under the Receivables against all claims of third parties claiming through or under CNHICA; provided, however, that CNHICA’s obligations under this Section shall terminate upon the termination of the Trust pursuant to the Trust Agreement; provided further, the preceding shall not apply to Reacquired Receivables.

Appears in 46 contracts

Samples: Purchase Agreement (CNH Equipment Trust 2024-B), Purchase Agreement (CNH Equipment Trust 2024-B), Purchase Agreement (CNH Equipment Trust 2024-A)

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