Common use of Title to the Lease and Leased Vehicle Clause in Contracts

Title to the Lease and Leased Vehicle. Neither the 201[__]-[__] Lease nor the 201[__]-[__] Vehicle has been sold, transferred, assigned, pledged or granted by any Dealer to any Person other than the Titling Trust. The Titling Trust has good and marketable title to such 201[__]-[__] Lease and 201[__]-[__] Vehicle, free and clear of any Liens (other than Permitted Liens), participations and rights of others, including, to the knowledge of the Servicer, Liens (other than Permitted Liens) or claims for work, labor or material relating to such 201[__]-[__] Vehicle.

Appears in 3 contracts

Samples: Collateral Agency Agreement (Daimler Trust), Collateral Agency Agreement (Daimler Trust), Titling Trust Agreement (Daimler Trust)

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Title to the Lease and Leased Vehicle. Neither the 201[__]-[__] Lease nor the 201[__]-[__] Vehicle has been sold, transferred, assigned, pledged or granted by any Dealer to any Person other than the Titling Trust. The Titling Trust has good and marketable title to to, and a first-priority perfected security interest in, such 201[__]-[__] Lease and 201[__]-[__] Vehicle, free and clear of any Liens (other than Permitted Liens), participations and rights of others, including, to the knowledge of the Servicer, Liens (other than Permitted Liens) or claims for work, labor or material relating to such 201[__]-[__] Vehicle.

Appears in 1 contract

Samples: Collateral Agency Agreement (Daimler Trust)

Title to the Lease and Leased Vehicle. Neither the 201[__]-20[__]-[__] Lease nor the 201[__]-20[__]-[__] Vehicle has been sold, transferred, assigned, pledged or granted by any Dealer to any Person other than the Titling Trust. The Titling Trust has good and marketable title to such 201[__]-20[__]-[__] Lease and 201[__]-20[__]-[__] Vehicle, free and clear of any Liens (other than Permitted Liens), participations and rights of others, including, to the knowledge of the Servicer, Liens (other than Permitted Liens) or claims for work, labor or material relating to such 201[__]-20[__]-[__] VehicleVehicle (other than Permitted Liens).

Appears in 1 contract

Samples: Titling Trust Agreement (Daimler Trust)

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Title to the Lease and Leased Vehicle. Neither the 201[__]-20[__]-[__] Lease nor the 201[__]-20[__]-[__] Vehicle has been sold, transferred, assigned, pledged or granted by any Dealer to any Person other than the Titling Trust. The Titling Trust has good and marketable title to such 201[__]-20[__]-[__] Lease and 201[__]-20[__]-[__] Vehicle, free and clear of any Liens (other than Permitted Liens), participations and rights of others, including, to the knowledge of the Servicer, Liens (other than Permitted Liens) or claims for work, labor or material relating to such 201[__]-20[__]-[__] Vehicle.

Appears in 1 contract

Samples: Collateral Agency Agreement (Daimler Trust)

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