References in this Supplement or in any other Transaction Document to “Leases” and “Leased Vehicles” will be to the Leases and Leased Vehicles then allocated to the 2018-B Reference Pool, unless the context otherwise requires.
The obligations of the Seller under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 2018-B Exchange Note or any 2018-B Lease or 2018-B Vehicle allocated to the 2018-B Reference Pool.
The applicable Titling Company has good title, or the Servicer has started procedures that will result in good title, to the Leases and Leased Vehicles in the 2018-B Reference Pool, free and clear of Liens other than Permitted Liens.
After the reallocation, the Sponsor will mark its receivables systems to indicate that the lease and leased vehicle is no longer a Lease and Leased Vehicle in the 2018-B Reference Pool.
The Leases and Leased Vehicles in the 2018-B Reference Pool have not been allocated to a Specified Interest other than the Collateral Specified Interest or to a Reference Pool other than the 2018-B Reference Pool.