Common use of Title to 2016-A SUBI Certificate Clause in Contracts

Title to 2016-A SUBI Certificate. Immediately prior to the transfer of the 2016-A SUBI Certificate pursuant to this Agreement, the Depositor (A) is the true and lawful owner of the 2016-A SUBI Certificate and has the legal right to transfer the 2016-A SUBI Certificate, (B) has good and valid title to the 2016-A SUBI Certificate and the 2016-A SUBI Certificate is on the date hereof free and clear of all Liens, and (C) will convey good, valid, and indefeasible title to the 2016-A SUBI Certificate to the Transferee under this Agreement.

Appears in 3 contracts

Samples: Trust Subi Certificate Transfer Agreement, Trust Subi Certificate Transfer Agreement (Nissan Auto Lease Trust 2016-A), Trust Subi Certificate Transfer Agreement (Nissan Auto Lease Trust 2016-A)

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Title to 2016-A SUBI Certificate. Immediately prior to the transfer of the 2016-A SUBI Certificate pursuant to this Agreement, the Depositor Transferor (A) is the true and lawful owner of the 2016-A SUBI Certificate and has the legal right to transfer the 2016-A SUBI Certificate, (B) has good and valid title to the 2016-A SUBI Certificate and the 2016-A SUBI Certificate is on the date hereof free and clear of all Liens, and (C) will convey good, valid, and indefeasible title to the 2016-A SUBI Certificate to the Transferee under this Agreement.

Appears in 2 contracts

Samples: Subi Certificate Transfer Agreement (Nissan Auto Lease Trust 2016-A), Subi Certificate Transfer Agreement (Nissan Auto Lease Trust 2016-A)

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