Deemed Satisfaction of Conditions. Upon the transfer of the First-Tier Assets to, and the acceptance of the First-Tier Assets by, the Purchaser, all of the conditions set forth in this Article will be deemed to have been satisfied.
Appears in 44 contracts
Sources: First Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2025-B), First Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2025-B), First Tier Sale Agreement (Mercedes-Benz Vehicle Trust)
Deemed Satisfaction of Conditions. Upon the transfer of the FirstSecond-Tier Assets to, and the acceptance of the FirstSecond-Tier Assets by, by the Purchaser, all of the conditions set forth in this Article will be deemed to have been satisfied.
Appears in 44 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2025-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2025-B), Second Tier Sale Agreement (Mercedes-Benz Vehicle Trust)
Deemed Satisfaction of Conditions. Upon the transfer (or the purported transfer) of the FirstSecond-Tier Assets to, and the acceptance (or the purported acceptance) of the FirstSecond-Tier Assets by, the PurchaserIssuer, all of the conditions set forth in this Article IV will be deemed to have been satisfied.
Appears in 15 contracts
Sources: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-A), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-A), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2013-B)
Deemed Satisfaction of Conditions. Upon On the transfer (or the purported transfer) of the FirstSecond-Tier Assets to, and the acceptance (or the purported acceptance) of the FirstSecond-Tier Assets by, the PurchaserIssuer, all of the conditions set forth in this Article IV will be deemed to have been satisfied.
Appears in 7 contracts
Sources: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-B), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-B), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-A)