Creation. Immediately prior to the conveyance of the Receivables pursuant to the Sale and Servicing Agreement, CNHCR 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 84 contracts
Sources: Sale and Servicing Agreement (CNH Equipment Trust 2025-B), Sale and Servicing Agreement (CNH Equipment Trust 2025-B), Sale and Servicing Agreement (CNH Capital Receivables LLC)
Creation. Immediately prior to the conveyance of the Receivables pursuant to the Sale and Servicing Agreement, CNHCR CNCHR 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 23 contracts
Sources: Sale and Servicing Agreement (CNH Equipment Trust 2011-C), Sale and Servicing Agreement (CNH Equipment Trust 2011-C), Sale and Servicing Agreement (CNH Equipment Trust 2011-B)
Creation. Immediately prior to the conveyance of the Receivables pursuant to the Sale and Servicing Agreement, CNHCR owns CNCHR own 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 8 contracts
Sources: Sale and Servicing Agreement (CNH Equipment Trust 2005-A), Sale and Servicing Agreement (CNH Capital Receivables Inc), Sale and Servicing Agreement (CNH Equipment Trust 2003-B)