Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 2017-B SUBI Supplement) and Section 12.02(b) of the 2017-B SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 5 contracts
Samples: Transfer Agreement, Transfer Agreement (Nissan Auto Lease Trust 2017-B), Transfer Agreement (Nissan Auto Lease Trust 2017-B)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172016-B A SUBI Supplement) and Section 12.02(b) of the 20172016-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 5 contracts
Samples: Transfer Agreement, Transfer Agreement (Nissan Auto Lease Trust 2016-A), Transfer Agreement (Nissan Auto Lease Trust 2016-A)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172013-B A SUBI Supplement) and Section 12.02(b) of the 20172013-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 5 contracts
Samples: Transfer Agreement, Transfer Agreement (Nissan Auto Lease Trust 2013-A), Transfer Agreement (Nissan Auto Lease Trust 2013-A)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172018-B A SUBI Supplement) and Section 12.02(b) of the 20172018-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 4 contracts
Samples: Transfer Agreement (Nissan Auto Leasing LLC Ii), Transfer Agreement (Nissan Auto Leasing LLC Ii), Transfer Agreement (Nissan Auto Leasing LLC Ii)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172012-B A SUBI Supplement) and Section 12.02(b) of the 20172012-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 4 contracts
Samples: Transfer Agreement (Nissan Auto Lease Trust 2012-A), Transfer Agreement (Nissan Auto Lease Trust 2012-A), Transfer Agreement (Nissan Auto Lease Trust 2012-A)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172012-B SUBI Supplement) and Section 12.02(b) of the 20172012-B SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 4 contracts
Samples: Transfer Agreement (Nissan Auto Lease Trust 2012-B), Transfer Agreement (Nissan Auto Lease Trust 2012-B), Transfer Agreement (Nissan Auto Lease Trust 2012-B)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 2017-B A SUBI Supplement) and Section 12.02(b) of the 2017-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 4 contracts
Samples: Transfer Agreement (Nissan Auto Lease Trust 2017-A), Transfer Agreement (Nissan Auto Lease Trust 2017-A), Transfer Agreement (Nissan Auto Lease Trust 2017-A)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172020-B SUBI Supplement) and Section 12.02(b) of the 20172020-B SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 4 contracts
Samples: Transfer Agreement (Nissan Auto Leasing LLC Ii), Transfer Agreement (Nissan Auto Leasing LLC Ii), Transfer Agreement (Nissan Auto Leasing LLC Ii)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172014-B A SUBI Supplement) and Section 12.02(b) of the 20172014-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 4 contracts
Samples: Transfer Agreement (Nissan Auto Lease Trust 2014-A), Transfer Agreement (Nissan Auto Lease Trust 2014-A), Transfer Agreement (Nissan Auto Lease Trust 2014-A)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172019-B SUBI Supplement) and Section 12.02(b) of the 20172019-B SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 4 contracts
Samples: Transfer Agreement (Nissan Auto Leasing LLC Ii), Transfer Agreement (Nissan Auto Leasing LLC Ii), Transfer Agreement (Nissan Auto Leasing LLC Ii)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172014-B SUBI Supplement) and Section 12.02(b) of the 20172014-B SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 4 contracts
Samples: Transfer Agreement (Nissan Auto Lease Trust 2014-B), Transfer Agreement (Nissan Auto Lease Trust 2014-B), Transfer Agreement (Nissan Auto Lease Trust 2014-B)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172020-B A SUBI Supplement) and Section 12.02(b) of the 20172020-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 4 contracts
Samples: Transfer Agreement (Nissan Auto Leasing LLC Ii), Transfer Agreement (Nissan Auto Leasing LLC Ii), Transfer Agreement (Nissan Auto Leasing LLC Ii)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172015-B A SUBI Supplement) and Section 12.02(b) of the 20172015-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 4 contracts
Samples: Transfer Agreement (Nissan Auto Lease Trust 2015-A), Transfer Agreement (Nissan Auto Lease Trust 2015-A), Transfer Agreement (Nissan Auto Lease Trust 2015-A)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172016-B SUBI Supplement) and Section 12.02(b) of the 20172016-B SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 4 contracts
Samples: Transfer Agreement (Nissan Auto Lease Trust 2016-B), Transfer Agreement (Nissan Auto Lease Trust 2016-B), Transfer Agreement (Nissan Auto Lease Trust 2016-B)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172013-B SUBI Supplement) and Section 12.02(b) of the 20172013-B SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 4 contracts
Samples: Transfer Agreement (Nissan Auto Leasing LLC Ii), Transfer Agreement (Nissan Auto Leasing LLC Ii), Transfer Agreement (Nissan Auto Leasing LLC Ii)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172019-B A SUBI Supplement) and Section 12.02(b) of the 20172019-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 4 contracts
Samples: Transfer Agreement (Nissan Auto Leasing LLC Ii), Transfer Agreement (Nissan Auto Leasing LLC Ii), Transfer Agreement (Nissan Auto Leasing LLC Ii)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172015-B SUBI Supplement) and Section 12.02(b) of the 20172015-B SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 4 contracts
Samples: Transfer Agreement (Nissan Auto Lease Trust 2015-B), Transfer Agreement (Nissan Auto Lease Trust 2015-B), Transfer Agreement (Nissan Auto Lease Trust 2015-B)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 2017-B 20[•]-[•] SUBI Supplement) and Section 12.02(b) of the 2017-B 20[•]-[•] SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 3 contracts
Samples: Titling Trust Agreement (Nissan Auto Leasing LLC Ii), Transfer Agreement (Nissan Auto Leasing LLC Ii), Trust Subi Certificate Transfer Agreement (Nissan Auto Leasing LLC Ii)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 2017-B 20[●]-[●] SUBI Supplement) and Section 12.02(b) of the 2017-B 20[●]-[●] SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 3 contracts
Samples: Transfer Agreement (Nissan-Infiniti Lt), Transfer Agreement (Nissan-Infiniti Lt), Transfer Agreement (Nissan-Infiniti Lt)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 2017-B SUBI Supplement) and Section 12.02(b) of the 20172004-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE.
Appears in 2 contracts
Samples: Certificate Transfer Agreement (Nissan Auto Lease Trust 2004-A), Subi Certificate Transfer Agreement (Nissan Auto Lease Trust 2004-A)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172011-B A SUBI Supplement) and Section 12.02(b) of the 20172011-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREETHREE MISCELLANEOUS
Appears in 2 contracts
Samples: Certificate Transfer Agreement (Nissan Auto Lease Trust 2011-A), Certificate Transfer Agreement (Nissan Auto Lease Trust 2011-A)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172011-B SUBI Supplement) and Section 12.02(b) of the 20172011-B SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE.
Appears in 2 contracts
Samples: Certificate Transfer Agreement (Nissan Auto Lease Trust 2011-B), Certificate Transfer Agreement (Nissan Auto Lease Trust 2011-B)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172010-B SUBI Supplement) and Section 12.02(b) of the 20172010-B SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. (NALT 2010-B SUBI Certificate Transfer Agreement) ARTICLE THREETHREE MISCELLANEOUS
Appears in 2 contracts
Samples: Certificate Transfer Agreement (Nissan Auto Lease Trust 2010-B), Certificate Transfer Agreement (Nissan Auto Lease Trust 2010-B)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172010-B SUBI Supplement) and Section 12.02(b) of the 20172010-B SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 2 contracts
Samples: Certificate Transfer Agreement (Nissan Auto Lease Trust 2010-B), Certificate Transfer Agreement (Nissan Auto Lease Trust 2010-B)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 2017-B SUBI Supplement) and Section 12.02(b) of the 20172003-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 2 contracts
Samples: Certificate Transfer Agreement (Nissan Auto Leasing LLC Ii), Certificate Transfer Agreement (Nissan Auto Lease Trust 2003-A)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 2017-B SUBI Supplement) and Section 12.02(b) of the 2017200[ ]-B [ ] SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 2 contracts
Samples: Transfer Agreement (Nissan Auto Leasing LLC Ii), Certificate Transfer Agreement (Nissan-Infiniti Lt)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 2017-B SUBI Supplement) and Section 12.02(b) of the 20172003-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE.
Appears in 2 contracts
Samples: Certificate Transfer Agreement (Nissan Auto Leasing LLC Ii), Certificate Transfer Agreement (Nissan Auto Lease Trust 2003-A)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172011-B SUBI Supplement) and Section 12.02(b) of the 20172011-B SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 2 contracts
Samples: Certificate Transfer Agreement (Nissan Auto Lease Trust 2011-B), Certificate Transfer Agreement (Nissan Auto Lease Trust 2011-B)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 2017-B SUBI Supplement) and Section 12.02(b) of the 20172004-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 2 contracts
Samples: Certificate Transfer Agreement (Nissan Auto Lease Trust 2004-A), Certificate Transfer Agreement (Nissan Auto Lease Trust 2004-A)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172011-B A SUBI Supplement) and Section 12.02(b) of the 20172011-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 2 contracts
Samples: Certificate Transfer Agreement (Nissan Auto Lease Trust 2011-A), Certificate Transfer Agreement (Nissan Auto Lease Trust 2011-A)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172009-B SUBI Supplement) and Section 12.02(b) of the 20172009-B SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 1 contract
Samples: Certificate Transfer Agreement (Nissan Auto Lease Trust 2009-B)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172009-B A SUBI Supplement) and Section 12.02(b) of the 20172009-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREETHREE MISCELLANEOUS
Appears in 1 contract
Samples: Certificate Transfer Agreement (Nissan Auto Leasing LLC Ii)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172009-B A SUBI Supplement) and Section 12.02(b) of the 20172009-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 1 contract
Samples: Certificate Transfer Agreement (Nissan Auto Leasing LLC Ii)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172010-B A SUBI Supplement) and Section 12.02(b) of the 20172010-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREETHREE MISCELLANEOUS
Appears in 1 contract
Samples: Certificate Transfer Agreement (Nissan Auto Lease Trust 2010-A)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172012-B SUBI Supplement) and Section 12.02(b) of the 20172012-B SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE.
Appears in 1 contract
Samples: Transfer Agreement
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172009-B SUBI Supplement) and Section 12.02(b) of the 20172009-B SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREETHREE MISCELLANEOUS
Appears in 1 contract
Samples: Certificate Transfer Agreement (Nissan Auto Lease Trust 2009-B)
Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust Agreement (as amended by Section 12.07 of the 20172010-B A SUBI Supplement) and Section 12.02(b) of the 20172010-B A SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. ARTICLE THREE
Appears in 1 contract
Samples: Certificate Transfer Agreement (Nissan Auto Lease Trust 2010-A)