Eligible Lease means (i) with respect to the Unallocated Assets, a Lease, and (ii) with respect to any Lease allocated to a Series, an Eligible Lease within the meaning of the related Series Servicing Supplement or Series Supplement.
Filings has the meaning set forth in Section 2.12(b).
Filings Power of Attorney means a power of attorney granted by the Titling Company to the Servicer pursuant to Section 2.12(b), substantially in the form of Exhibit C.
Force Majeure Event means an act beyond the reasonable control of the Servicer, including acts of God, public health emergencies, civil unrest, war, vandalism or sabotage, rioting, accidents, fires, floods, earthquakes, hurricanes, strikes, labor disputes, mechanical breakdowns, malware or ransomware attack, shortages or delays in obtaining suitable parts, equipment, material, labor or transportation, acts of subcontractors, interruption of utility services, acts of any unit of government or any governmental agency or any event similar to the foregoing.
Holder means, with respect to any Certificate, the Person listed in the Certificate Register as the registered owner thereof; provided, that a Registered Pledgee shall be entitled to exercise any or all of the rights or powers of a Holder of a Certificate hereunder, but only to the extent such entitlement is set forth in such Holders registration of pledge or the documents relating to such pledge.
Indemnified Person has the meaning set forth in Section 2.13(b)(i).
Independent when used with respect to any Accountant, means such an Accountant, who may also be the Accountant who audits a Beneficiary, NMAC, the Servicer or any of their respective Affiliates, who is Independent with respect to such entity as contemplated by Rule 101 of the Code of Professional Conduct of the American Institute of Certified Public Accountants.
Insurance Expenses means any Insurance Proceeds (i) applied to the repair of the related Leased Vehicle, (ii) released to the related Lessee in accordance with applicable law or the customary servicing procedures of the Servicer or (iii) representing other related expenses incurred by the Servicer not otherwise included in Liquidation Expenses or Disposition Expenses and recoverable by the Servicer under this Agreement or any Series Servicing Supplement.
Insurance Policy means any insurance policy (including any self-insurance), including any residual value insurance policy, guaranteed automobile protection policy, comprehensive, collision, public liability, physical damage, personal liability, contingent and excess liability, accident, health, credit, life or unemployment insurance or any other form of insurance or self-insurance, to the extent that any such policy or self-insurance covers or applies to the Titling Company, any Series, any Lease, any Leased Vehicle or the ability of a Lessee to make required payments with respect to the related Lease or the related Leased Vehicle.