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