Examples of NILT LLC in a sentence
Capitalized terms used herein that are not otherwise defined shall have the respective meanings ascribed thereto in Annex A to the Series Certificate Sale Agreement, dated as of the date hereof (the “Definitions Annex”), by and between NILT LLC and Nissan Auto Leasing LLC II.
Capitalized terms used herein that are not otherwise defined shall have the respective meanings ascribed thereto in Annex A to the Series Certificate Sale Agreement dated as of the date hereof, by and between NILT LLC, as transferor, and XXXX II, as the transferee.
Capitalized terms used herein that are not otherwise defined herein shall have the meanings ascribed thereto in Annex A to the Series Certificate Sale Agreement dated as of the date hereof, by and between NILT LLC, a Delaware limited liability company, and Nissan Auto Leasing LLC II, a Delaware limited liability company.
Except as otherwise specified herein or if the context may otherwise require, capitalized terms not defined in this Agreement shall have the respective meanings assigned such terms set forth in Annex A to the Series Certificate Sale Agreement, dated as of the date hereof, by and between NILT LLC and Nissan Auto Leasing LLC II.
Unless otherwise defined herein, all capitalized terms will have the meanings ascribed thereto in Annex A to the Series Certificate Sale Agreement dated as of the date hereof, by and between NILT LLC and Nissan Auto Leasing LLC II, and, if not defined therein, will have the meanings ascribed thereto in the Titling Company Agreement, which also contains rules as to usage that are applicable herein.
Capitalized terms used herein that are not otherwise defined shall have the respective meanings ascribed thereto in Annex A to the Series Certificate Sale Agreement, by and between NILT LLC and XXXX II, dated as of the date hereof (the “Definitions Annex”).
Each of the Titling Company and NILT LLC has been duly formed and is validly existing in good standing under the laws of the state of its formation, and all filings required at the date hereof under the laws of the state of its formation with respect to the due formation and valid existence of Titling Company or NILT LLC, respectively, as an entity have been made.
Each of the Titling Company and NILT LLC is duly qualified as a foreign entity to transact business and is in good standing in each jurisdiction in which the conduct of its business or the lease or ownership of its property requires such qualification, except where the failure so to qualify or to be in good standing would not have a material adverse effect on the Titling Company’s or NILT LLC’s ability to perform its respective obligations under the Basic Documents.
None of NMAC, the Depositor, NILT LLC, the Titling Company or the Trust is required to be registered as an “investment company” under the Investment Company Act.
Each Underwriter agrees that prior to the date that is one year and one day after the date upon which all obligations under each Securitized Financing have been paid in full, it will not institute against, or join any other Person in instituting against NILT LLC, the Depositor, the Titling Company, the Issuer, or any Special Purpose Affiliate, any bankruptcy, reorganization, arrangement, insolvency or liquidation Proceeding or other Proceeding under any federal or state bankruptcy or similar law.