Certificates of Title. If the Seller has not received a Certificate of Title related to Purchased Property naming the Title Lien Holder the first lien holder on such Certificate of Title for the related Financed Vehicle, the Seller shall (i) process the related Certificate of Title Application from and after the related Purchase Date and (ii) take all steps necessary to perfect the security interest against each Obligor in the related Financed Vehicle and obtain the Certificate of Title.
Appears in 6 contracts
Sources: Second Amendment to Purchase Agreements, First Amendment to Servicing Agreement, and Waiver With Respect to Back Book Purchase Agreement (Harley-Davidson, Inc.), Master Purchase and Sale Agreement (Harley-Davidson, Inc.), Back Book Purchase and Sale Agreement (Harley-Davidson, Inc.)
Certificates of Title. If the Seller has not received a Certificate of Title related to a Purchased Property Receivable naming the a Title Lien Holder Nominee the first lien holder on such Certificate of Title for the related Financed Vehicle, Vehicle or the Seller shall (i) process the related title application or other documentation necessary to obtain a Certificate of Title Application from and after thereto noting such lien holder has not been submitted, then, promptly, but no later than [***] days following the related Purchase Date and (ii) date of origination, the Transferor shall, or shall cause the Seller, to take all steps necessary to perfect the security interest against each Obligor in the related Financed Vehicle and obtain the Certificate of TitleVehicle.
Appears in 2 contracts
Sources: Master Purchase and Sale Agreement, Master Purchase and Sale Agreement (Carvana Co.)