Creation. 4. Immediately prior to the sale, transfer, assignment and conveyance of a Receivable by the Seller to the Issuer, the Seller owned and had good and marketable title to such Receivable free and clear of any Lien and immediately after the sale, transfer, assignment and conveyance of such Receivable to the Issuer, the Issuer will have good and marketable title to such Receivable free and clear of any Lien.
Appears in 154 contracts
Samples: Sale and Servicing Agreement (USAA Auto Owner Trust 2009-1), Sale and Servicing Agreement (Capital One Prime Auto Receivables Trust 2007-1), Sale and Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Creation. 45. Immediately prior to the sale, transfer, assignment and conveyance of a Receivable by the Seller to the Issuer, the Seller owned and had good and marketable title to such Receivable free and clear of any Lien and immediately after the sale, transfer, assignment and conveyance of such Receivable to the Issuer, the Issuer will have good and marketable title to such Receivable free and clear of any Lien.
Appears in 30 contracts
Samples: Indenture (Toyota Auto Receivables 2014-a Owner Trust), Indenture (Toyota Auto Receivables 2012-B Owner Trust), Indenture (Toyota Auto Receivables 2012-a Owner Trust)
Creation. 4. Immediately prior to the sale, transfer, contribution, assignment and and/or conveyance of a Receivable by the Seller to the Issuer, the Seller owned and had good and marketable title to such Receivable free and clear of any Lien created by the Seller (other than any Liens in favor of the Purchaser) and immediately after the sale, transfer, assignment and conveyance of such Receivable to the Issuer, the Issuer will have good and marketable title to such Receivable free and clear of any LienLien created by the Seller.
Appears in 16 contracts
Samples: Sale Agreement (Capital One Prime Auto Receivables Trust 2019-2), Sale Agreement (Capital One Prime Auto Receivables Trust 2021-1), Sale Agreement (Capital One Prime Auto Receivables Trust 2022-2)
Creation. 4. Immediately prior to the sale, transfer, contribution, assignment and and/or conveyance of a Receivable by the Seller to the Issuer, the Seller owned and had good and marketable title to such Receivable free and clear of any Lien (other than any Liens in favor of the Issuer) and immediately after the sale, transfer, assignment and conveyance of such Receivable to the Issuer, the Issuer will have good and marketable title to such Receivable free and clear of any Lien.
Appears in 12 contracts
Samples: Sale Agreement (Huntington Auto Trust 2016-1), Sale Agreement (Fifth Third Auto Trust 2015-1), Sale Agreement (Fifth Third Auto Trust 2013-A)
Creation. 4. Immediately prior to the sale, transfer, contribution, assignment and conveyance of a Receivable by the Seller to the Issuer, the Seller owned and had good and marketable title to such Receivable free and clear of any Lien (other than any Liens in favor of the Issuer) and immediately after the sale, transfer, assignment and conveyance of such Receivable to the Issuer, the Issuer will have good and marketable title to such Receivable free and clear of any Lien.
Appears in 10 contracts
Samples: Sale Agreement (Fifth Third Auto Trust 2017-1), Sale Agreement (Fifth Third Auto Trust 2023-1), Sale Agreement (Fifth Third Auto Trust 2017-1)
Creation. 4. Immediately prior to the sale, transfer, contribution, assignment and and/or conveyance of a Receivable by the Seller to the Issuer, Issuer the Seller owned and had good and marketable title to such Receivable free and clear of any Lien created by the Seller (other than any Liens in favor of the Purchaser) and immediately after the sale, transfer, assignment and conveyance of such Receivable to the Issuer, Issuer the Issuer will have good and marketable title to such Receivable free and clear of any LienLien created by the Seller.
Appears in 2 contracts
Samples: Sale Agreement (Capital One Auto Receivables LLC), Sale Agreement (Capital One Auto Receivables LLC)
