Title to 2017-1 SUBI Certificate. Immediately prior to the transfer of the 2017-1 SUBI Certificate pursuant to this Agreement, the Transferor (A) is the true and lawful owner of the 2017-1 SUBI Certificate and it has the legal right to transfer the 2017-1 SUBI Certificate; (B) has good and valid title to the 2017-1 SUBI Certificate and the 2017-1 SUBI Certificate is on the date hereof free and clear of all Liens; and (C) will convey good, valid and indefeasible title to the 2017-1 SUBI Certificate to the Transferee under this Agreement.
Appears in 4 contracts
Samples: Certificate Transfer Agreement (BMW Vehicle Lease Trust 2017-1), Certificate Transfer Agreement (BMW Vehicle Lease Trust 2017-1), Certificate Transfer Agreement (BMW Vehicle Lease Trust 2017-1)
