Perfection Representations. CNHICA has taken all steps necessary to perfect its security interest against the Obligor in the Financed Equipment securing the Receivables. 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 20 contracts
Samples: Asset Representations Review Agreement (CNH Equipment Trust 2016-A), Asset Representations Review Agreement (CNH Equipment Trust 2022-A), Asset Representations Review Agreement (CNH Capital Receivables LLC)
Perfection Representations. CNHICA has taken all steps necessary to perfect its security interest against the Obligor in the Financed Equipment securing the Receivables. 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.. Procedures to be Performed
Appears in 16 contracts
Samples: Asset Representations Review Agreement (CNH Equipment Trust 2019-C), Asset Representations Review Agreement (CNH Equipment Trust 2019-C), Asset Representations Review Agreement (CNH Equipment Trust 2023-B)
