Authorization of Basic Documents. As of the Closing Date, each Basic Document to which any of the Titling Trust or NILT Trust is a party has been duly authorized, executed and delivered by the Titling Trust or NILT Trust, as the case may be, and (assuming the due authorization, execution and delivery thereof by the other parties thereto) constitutes the legal, valid and binding agreement of the Titling Trust and NILT Trust, as applicable, enforceable against such party in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency (including, without limitation, all laws related to fraudulent transfers), moratorium, reorganization or other similar laws affecting enforcement of creditors’ rights generally and by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.
Appears in 28 contracts
Samples: Underwriting Agreement (Nissan Auto Leasing LLC Ii), Underwriting Agreement (Nissan Auto Leasing LLC Ii), Underwriting Agreement (Nissan Auto Leasing LLC Ii)
Authorization of Basic Documents. As of the Closing Date, each Basic Document to which any of the Titling Trust Company or NILT Trust LLC is a party has been duly authorized, executed and delivered by the Titling Trust Company or NILT TrustLLC, as the case may be, and (assuming the due authorization, execution and delivery thereof by the other parties thereto) constitutes the legal, valid and binding agreement of the Titling Trust Company and NILT TrustLLC, as applicable, enforceable against such party in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency (including, without limitation, all laws related to fraudulent transfers), moratorium, reorganization or other similar laws affecting enforcement of creditors’ rights generally and by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.
Appears in 6 contracts
Samples: Underwriting Agreement (Nissan Auto Lease Trust 2024-A), Underwriting Agreement (Nissan Auto Lease Trust 2023-A), Underwriting Agreement (Nissan Auto Lease Trust 2021-A)
Authorization of Basic Documents. As of the Closing DateTime, each Basic Document to which any of the Titling Trust or NILT Trust is a party has been duly authorized, executed and delivered by the Titling Trust or NILT Trust, as the case may be, and (assuming the due authorization, execution and delivery thereof by the other parties thereto) constitutes the legal, valid and binding agreement of the Titling Trust and NILT Trust, as applicable, enforceable against such party in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency (including, without limitation, all laws related to fraudulent transfers), moratorium, reorganization or other similar laws affecting enforcement of creditors’ ' rights generally and by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.
Appears in 3 contracts
Samples: Titling Trust Agreement (Nissan Auto Lease Trust 2003-A), Trust Agreement (Nissan Auto Lease Trust 2003-A), Trust Agreement (Nissan Auto Lease Trust 2004-A)
Authorization of Basic Documents. As of the Closing Date, each Basic Document to which any of the Titling Trust or NILT Trust is a party has been duly authorized, executed and delivered by the Titling Trust or NILT Trust, as the case may be, and (assuming the due authorization, execution and delivery thereof by the other parties thereto) constitutes the legal, valid and binding agreement of the Titling Trust and NILT Trust, as applicable, enforceable against such party in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency (including, without limitation, all laws related to fraudulent transfers), moratorium, reorganization or (Nissan 2011-A Underwriting Agreement) 12 other similar laws affecting enforcement of creditors’ rights generally and by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.
Appears in 1 contract
Samples: Depositor LLC Agreement (Nissan Auto Lease Trust 2011-A)
Authorization of Basic Documents. As of the Closing Date, each Basic Document to which any of the Titling Trust or NILT Trust is a party has been duly authorized, executed and delivered by the Titling Trust or NILT Trust, as the case may be, and (assuming the due authorization, execution and delivery thereof by the other parties thereto) constitutes the legal, valid and binding agreement of the Titling Trust and NILT Trust, as applicable, enforceable against such party in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency (including, without limitation, all laws related to fraudulent transfers), moratorium, reorganization or other similar laws affecting enforcement of creditors’ rights generally and by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.. (Nissan 2009-A Underwriting Agreement)
Appears in 1 contract
Samples: Underwriting Agreement (Nissan Auto Leasing LLC Ii)
Authorization of Basic Documents. As of the Closing Date, each Basic Document to which any of the Titling Trust or NILT Trust is a party has been duly authorized, executed and delivered by the Titling Trust or NILT Trust, as the case may be, and (assuming the due authorization, execution and delivery thereof by the other parties thereto) constitutes the legal, valid and binding agreement of the Titling Trust and NILT Trust, as applicable, enforceable against such party in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency (including, without limitation, all laws related to fraudulent transfers), moratorium, reorganization or other similar laws affecting enforcement of creditors’ ' rights generally and by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.
Appears in 1 contract
Samples: Titling Trust Agreement (Nissan Auto Leasing LLC Ii)