Lease Files definition

Lease Files means, with respect to each Lease, the following documents (which may be photocopies or in electronic format unless otherwise indicated):

Lease Files means, with respect to any Closed-End Lease and Closed-End Obligor:

Lease Files means, with respect to any Lease and Lessee, (i) the original, fully executed Lease (which, in the case of a Master Lease, includes each Schedule thereto, or electronic copies of such documents that satisfy Section 9-105 of the UCC), (ii) a copy of the application or application information of the related Lessee, together with supporting information customarily maintained by the Servicer which may include factory invoices related to new vehicles, credit scoring information or Dealer purchase documentation and odometer standards required by Applicable Law, (iii) the original Certificate or Title (or a copy of the application therefor if the Certificate of Title has not yet been delivered by the applicable Registrar of Titles) or such other documents, if any, that the Servicer keeps on file in accordance with the Credit and Collection Policy indicating that title to each related Vehicle is in the name of the Titling Trust (or such other name as permitted by the Titling Trust Agreement) and, if such Vehicle is a Collateral Agent Vehicle, noting on the related Certificate of Title, the Lien of the Collateral Agent and (iv) any and all other documents that the Servicer keeps on file in accordance with the Credit and Collection Policy relating to such Lease, each related Vehicle or the related Lessee, including any written agreements modifying such Lease (including any extension agreements).

Examples of Lease Files in a sentence

• No material provision of a Lease (other than the assessment of a security deposit or a Payment Extension Fee or the payment of any other amount that, upon collection, would constitute an Additional Amount, or a default relating to failure by the related Lessee to pay any such amount) has been affirmatively waived or amended, except amendments and modifications that are contained in the Lease Files.

• Instructions related to interpretation of the Lease Files and calculation logic for the calculation of certain attributes (the “Instruction File”).

• No material provision of a Lease (other than the assessment of a security deposit or a Payment Extension Fee or the payment of any other amount that, on collection, would constitute an Additional Amount, or a default relating to failure by the related Lessee to pay any such amount) has been affirmatively waived or amended, except amendments and modifications that are contained in the Lease Files.

• The Lease Files are constructively delivered to the Collateral Agent, as pledgee of each Titling Company under the Credit and Security Agreement, and the Custodian confirms to each Titling Company and the Collateral Agent that it has received the Lease Files.

• The Custodian will maintain the Lease Files (or access to any Lease Files stored in an electronic format) at one of its offices or the offices of one of its custodians in the United States.

More Definitions of Lease Files

Lease Files shall have the meaning given such term in Section 9(d).

Lease Files is defined in Section 3.2 of the Pooling and Servicing Agreement.

Lease Files has the meaning provided in Section 2.2(a) of the Custodian Agreement.

Lease Files means, with respect to each Lease and each AFG Credit Lease, the fully executed original counterpart (for UCC purposes) of such Lease, the original certificate of title or other title document with respect to the related Equipment (if applicable), and otherwise such documents, if any, that AFG keeps on file in accordance with its customary procedures, indicating ownership of such Equipment.

Lease Files shall have the meanings set forth in the Servicing Agreement.

Lease Files means, with respect to each Included Lease, the fully executed original counterpart (for UCC purposes) of the Lease, the original certificate of title or other title document with respect to the related Equipment (if applicable), and otherwise such documents, if any, that the Servicer keeps on file in accordance with its customary procedures, evidencing ownership of such Equipment.

Lease Files means the documents specified in Section 3.04 of the Sale and Servicing Agreement.