Certificate of Title. The Receivable File related to such Receivable contains the original Certificate of Title (or a photocopy or image thereof) or evidence that an application for a Certificate of Title has been filed. Review Materials Receivable File Tests
Certificate of Title. The Leased Vehicle is titled, or the Servicer has started procedures that will result in the Leased Vehicle being titled, in the name of the applicable Titling Company and otherwise according to the Servicing Agreement.
Certificate of Title. As of the Closing Date, the only states which may require a certificate of title in order to perfect a security interest in the Financed Equipment are Massachusetts and New Jersey Documents Retail note contract
Certificate of Title. None of the parties hereto, including the Vehicle Trust, shall be required to make notation on, or cause to be taken any other action with respect to, any Certificate of Title for any 20[__]-[__] Vehicle to reflect the back-up Lien created hereby.
Certificate of Title. (a) A Title Lien Nominee is named as the first lien holder on the Certificate of Title for the related Financed Vehicle, or if a new or replacement Certificate of Title is being or will be applied for with respect to such Financed Vehicle, documentation has been or will be submitted to obtain title thereto noting such Person as lien holder and such title is free and clear of all Liens and adverse claims that are equal or superior to the Lien of such Person and its assigns and if the Certificate of Title has not been received, the Collateral Custodian will have received a copy of the title application when available or (b) in those states that permit electronic recordation of Liens, such Person is named as the first lien holder on the Certificate of Title for the related Financed Vehicle on the electronic lien and title system of the applicable state, or the Servicer or the Seller has submitted for electronic recordation, by either a third-party service provider or the relevant state registrar of titles, for such Person to be named as the lien holder on the Certificate of Title on the electronic lien and title system of the applicable state and if a confirmation has not been received, the Collateral Custodian will have received a copy of the electronic submission when available and such title is free and clear of all Liens and adverse claims that are equal or superior to the Lien of such Person and its assigns.
Certificate of Title the certificate of title or other evidence of ownership of any Vehicle issued by the appropriate Division of Motor Vehicles or its counterpart in the jurisdiction in which the Contract Debtor resides.
Certificate of Title. None of the parties hereto, including the Titling Trust, shall have any obligation or otherwise be required to make notation on, or cause to be taken any other action with respect to, any Certificate of Title for any 200[ ]-[ ] Vehicle to reflect the back-up Lien created hereby.
Certificate of Title. The Servicer, in its capacity as agent of the Issuer and the Indenture Trustee, holds the Certificate of Title or the application for a Certificate of Title for each of the Financed Vehicles as of the date on which the related Contract is transferred to the Issuer and will obtain within 180 days of such date Certificates of Title with respect to each Financed Vehicle as to which the Servicer holds only such application.
Certificate of Title. The Leased Vehicle was titled, or the Servicer has started procedures that will result in the Leased Vehicle being titled in a manner acceptable to the relevant governmental authority. Test 3.3(d) — 1: Garaging Location Observe the Lease account in Ford Credit’s receivables systems and confirm the state in the garaging address on the Cutoff Date matches the state on the Title Documents. Observe the Title Documents and confirm they reflect the Titling Company as stated in the applicable Ford Credit procedure, using a name included in the List of Acceptable Name Variations, as the Owner. Test 3.3(d) — 2: Title Verification Observe the Holder on the Lease and confirm it matches the Owner on the Title Documents. Observe the vehicle identification number on the Lease and confirm it matches the vehicle identification number on the Title Documents.
Certificate of Title. As of the Closing Date, the only states which may require a certificate of title in order to perfect a security interest in the Financed Equipment are Massachusetts and New Jersey, which respectively constitute approximately 1.04% and 1.25% of the initial aggregate balance of all Receivables.
