Title to. 20[__]-[__] SUBI Certificate. Immediately prior to the transfer of the 20[__]-[__] SUBI Certificate pursuant to this Agreement, the Transferor (A) is the true and lawful owner of the 20[__]-[__] SUBI Certificate and it has the legal right to transfer the 20[__]-[__] SUBI Certificate; (B) has good and valid title to the 20[__]-[__] SUBI Certificate and the 20[__]-[__] SUBI Certificate is on the date hereof free and clear of all Liens; (C) will convey good, valid and indefeasible title to the 20[__]-[__] SUBI Certificate to the Transferee under this Agreement.
Appears in 4 contracts
Sources: Issuer Subi Certificate Transfer Agreement (Toyota Lease Trust), Issuer Subi Certificate Transfer Agreement (Toyota Lease Trust), Subi Certificate Transfer Agreement (Toyota Lease Trust)