Legal Files means, with respect to each Receivable, the following documents held by the Custodian pursuant to the Custodial Agreement: (a) the fully executed original of such Receivable with fully executed assignment from the related Dealer to the Originator (together with any agreements modifying the Receivable, including, without limitation, any extension agreements), (b) a fully executed assignment in blank from the Originator, (c) the Lien Certificate or the Title Package, (d) the fully executed original of any form legally required to be executed by a co-signer, (e) evidence of an Insurance Policy and (f) the original or a copy of the original credit application fully executed by the related Obligor in respect of such Receivable. Notwithstanding the foregoing, in the event that customary procedures and practices of any applicable state permit the use of any instrument or document in lieu of evidence of verification of physical damage insurance coverage, the term "Legal Files" shall be deemed to include any such instrument or document in lieu of evidence of verification of physical damage insurance coverage.
Legal Files means, with respect to each Receivable, the following documents held by the Custodian pursuant to Section 2.7: the fully executed original of such Receivable with fully executed assignment from the related Dealer to the Originator, (together with any agreements modifying the Receivable, including, without limitation, any extension agreements), a fully executed assignment in blank from the Originator, the Lien Certificate or the Title Package, the fully executed original of any form legally required to be executed by a co-xxxxxx, evidence of verification of physical damage insurance coverage and the original of each credit application fully executed by the related Obligor in respect of the such Receivable. Notwithstanding the foregoing, in the event that customary procedures and practices of any applicable state permit the use of any instrument or document in lieu of evidence of verification of physical damage insurance coverage, the term "Legal Files" shall be deemed to include any such instrument or document in lieu of evidence of verification of physical damage insurance coverage.
Legal Files means, with respect to each Contract, the following documents held by the Custodian: the fully executed original of such Contract with fully executed assignment from the related Dealer to Originator (together with any agreements modifying the Contract, including, without limitation, any extension agreements), a fully executed assignment in blank from Originator, the Lien Certificate or the Title Package, the fully executed original of any form legally required to be executed by a co-signer, evidence of verification of physical damage insurance coverage and the original of the Obligor's credit application.
Examples of Legal Files in a sentence
The Custodian may perform its duties in respect of custody of the Legal Files by or through its agents or employees.
The Custodian shall hold the Legal Files subject to the terms and conditions of this Agreement.
The Custodian does not assume and shall have no responsibility for, and makes no representations as to, monitoring the value of the Receivables and the related Legal Files.
The Custodian shall hold the Legal Files subject to the terms and conditions of the Custodial Agreement.
The Custodian shall make a list of Receivables for which an application for a certificate of title or a Dealer Title Guaranty but not a Lien Certificate is included in the Legal File as of the date of its review of the Legal Files and deliver a copy of such list to the Servicer, the Trust Collateral Agent and the Note Insurer.
More Definitions of Legal Files
Legal Files means, with respect to each Receivable, the following documents held by the Custodian pursuant to the Custodial Agreement: (a) the fully executed original of such Receivable with fully executed assignment from the related Dealer to the Originator (together with any agreements modifying the Receivable, including, without limitation, any extension agreements), (b) a fully executed assignment in blank from the Originator, (c) the Lien Certificate or the Title Package, (d) the fully executed original of any form legally required to be executed by a co-signer, (e) evidence of an Insurance Policy and (f) the original or a copy of the original credit application fully executed by the related Obligor in respect of such Receivable. Notwithstanding the foregoing, in the event that customary procedures and practices of any
Legal Files. Triad Financial Corporation 0000 Xxxxxx Xxxxxx Xxxxx 000 Xxxxxxxxxx Xxxxx, Xxxxxxxxxx 00000
Legal Files. Triad Financial Corporation
Legal Files means, with respect to each Receivable, (a) the fully executed original of such Receivable with fully executed assignment from the related Dealer to Originator, (b) the original certificate of title or the Title Package, or such other documents evidencing the security interest of Originator in the Financed Vehicle, (c) evidence of verification of physical damage insurance coverage and (d) a copy of Obligor's credit application.
Legal Files means, with respect to each Receivable, the fully executed original of such Receivable with fully executed assignment from the related Dealer to Originator, a fully executed assignment in blank from Originator, with all intervening assignments showing a complete chain of assignment from the related Dealer to the Person assigning it to Buyer (each such assignment being sufficient to transfer all right, title and interest of the party so assigning, as holder or assignee thereof, in and to such Receivable), the original certificate of title or the Title Package, or such other documents evidencing the security interest of Norwest on behalf of Originator, or the Originator, as applicable, in the Financed Vehicle, and evidence of verification of physical damage insurance coverage and a copy of Obligor's credit application.
Legal Files means, with respect to each Receivable, the following documents held by the Custodian pursuant to Section 3.04
Legal Files means, with respect to each Receivable, the following documents held by the Custodian pursuant to Section 3.4 of the Sale and Servicing Agreement: the fully executed original of such Receivable with fully executed assignment from the related Dealer to the Originator (together with any agreements modifying the Receivable, including, without limitation, any extension agreements), a fully executed assignment in blank from the Originator, the Lien Certificate or the Title Package, the fully executed original of any form legally required to be executed by a co-xxxxxx, evidence of verification of physical damage insurance coverage and the original of each credit application fully executed by the related Obligor in respect of such Receivable. Notwithstanding the foregoing, in the event that customary procedures and practices of any applicable state permit the use of any instrument or document in lieu of evidence of verification of physical damage insurance coverage, the term "Legal Files" shall be deemed to include any such instrument or document in lieu of evidence of verification of physical damage insurance coverage.