Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]-[ ] Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 5 contracts
Samples: Closed End Servicing Agreement (World Omni LT), Closed End Servicing Agreement (World Omni LT), Closed End Servicing Agreement (World Omni LT)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2016-[ ] A Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 2 contracts
Samples: Closed End Servicing Agreement (World Omni LT), Closed End Servicing Agreement (World Omni LT)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2019-[ ] B Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 2 contracts
Samples: Servicing Agreement (World Omni Automobile Lease Securitization Trust 2019-B), Servicing Agreement (World Omni Automobile Lease Securitization Trust 2019-B)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2022-[ ] A Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 2 contracts
Samples: Collateral Agency Agreement (World Omni LT), Collateral Agency Agreement (World Omni LT)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2020-[ ] B Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 2 contracts
Samples: End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2020-B), End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2020-B)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2018-[ ] A Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 2 contracts
Samples: Servicing Agreement (World Omni LT), Servicing Agreement (World Omni LT)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2019-[ ] A Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 2 contracts
Samples: End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2019-A), End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2019-A)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2024-[ ] A Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 2 contracts
Samples: End Servicing Agreement (World Omni LT), End Servicing Agreement (World Omni LT)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2017-[ ] A Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 2 contracts
Samples: End Servicing Agreement (World Omni LT), End Servicing Agreement (World Omni LT)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2021-[ ] A Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 2 contracts
Samples: Closed End Servicing Agreement (World Omni Auto Leasing LLC), Closed End Servicing Agreement (World Omni LT)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2023-[ ] A Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 2 contracts
Samples: End Servicing Agreement (World Omni LT), End Servicing Agreement (World Omni LT)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2018-[ ] B Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 2 contracts
Samples: End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2018-B), End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2018-B)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2020-[ ] A Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 2 contracts
Samples: End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2020-A), End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2020-A)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2012-[ ] A Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 1 contract
Samples: Servicing Agreement (World Omni Automobile Lease Securitization Trust 2012-A)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2009-[ ] A Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 1 contract
Samples: Servicing Agreement (World Omni Automobile Lease Securitization Trust 2009-A)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2013-[ ] A Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 1 contract
Samples: Servicing Agreement (World Omni LT)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2011-[ ] A Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 1 contract
Samples: Servicing Agreement (World Omni Automobile Lease Securitization Trust 2011-A)
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2014-[ ] A Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 1 contract
Authorization and No Contravention. The execution, delivery and performance by the Servicer of each Transaction Document to which it is a party (i) have been duly authorized by all necessary corporate action and (ii) do not violate or constitute a default under (A) any applicable law, rule or regulation, (B) its organizational instruments or (C) any agreement, contract, order or other instrument to which it is a party or its property is subject and (iii) will not result in any Adverse Claim on any Transaction Unit or Closed-End EN Collected Amounts with respect to the 20[ ]2015-[ ] A Reference Pool or give cause for the acceleration of any indebtedness of the Servicer.
Appears in 1 contract