Valid Assignment. The Lease was originated in, and is subject to the laws of, a jurisdiction which permits the sale and assignment of the Lease and the related Leased Vehicle to the Titling Company. The terms of the Lease do not limit the right of the owner of the Lease to sell and assign the Lease.
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Sources: Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2025-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2025-B), Exchange Note Purchase Agreement (CAB East LLC)
Valid Assignment. The Lease was originated in, and is subject to the laws of, a jurisdiction which permits the sale and assignment of the Lease and the related Leased Vehicle to the Titling Company. The terms of the Lease do not limit the right of the owner of the Lease to sell and assign the Lease. Test 3.3(i) β 1: Lease Form Observe the form number and revision date on the Contract and confirm they are on the List of Approved Contract Forms.
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