Common use of Certificate of Title Clause in Contracts

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.

Appears in 4 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Lease Two LLC), Asset Representations Review Agreement (CAB East LLC), Asset Representations Review Agreement (CAB East LLC)

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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 date of the Lease 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.

Appears in 3 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2018-A), Asset Representations Review Agreement (CAB West LLC), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2018-A)

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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 's receivables systems and confirm the state in the garaging address on the Cutoff Date date of the Lease 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.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2022-A), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2022-A)

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