Creation. Immediately prior to the conveyance of the Receivables pursuant to the Purchase Agreement, CNHICA owns and has good and marketable title to, or has a valid security interest in, the Receivables free and clear of any Lien, claim or encumbrance of any Person.
Appears in 55 contracts
Samples: Purchase Agreement (CNH Equipment Trust 2021-C), Purchase Agreement (CNH Equipment Trust 2015-B), Purchase Agreement (CNH Capital Receivables LLC)
Creation. Immediately prior to the conveyance of the Receivables pursuant to the Purchase Agreement, CNHICA CNHCA owns and has good and marketable title to, or has a valid security interest in, the Receivables free and clear of any Lien, claim or encumbrance of any Person.
Appears in 41 contracts
Samples: B Purchase Agreement (CNH Capital Receivables LLC), Purchase Agreement (CNH Equipment Trust 2012-B), Purchase Agreement (CNH Equipment Trust 2012-A)
