Common use of Leases in Force Clause in Contracts

Leases in Force. As of the Cutoff Date, neither the Sponsor’s receivables systems nor the Lease File indicate that the Lease (i) was a Terminating Lease or a Closed Lease or (ii) was satisfied, subordinated, rescinded, cancelled or terminated.

Appears in 26 contracts

Sources: Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-A)

Leases in Force. As of the Cutoff Date, neither the Sponsor’s 's receivables systems nor the Lease File indicate that the Lease (i) was a Terminating Lease or a Closed Lease or (ii) was satisfied, subordinated, rescinded, cancelled or terminated.. Test 3.3(q) – 1:

Appears in 17 contracts

Sources: Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2025-B), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2025-B), Asset Representations Review Agreement (CAB East LLC)

Leases in Force. As of the Cutoff Date, neither the Sponsor’s 's receivables systems nor the Lease File indicate that the Lease (i) was a Terminating Lease or a Closed Lease or (ii) was satisfied, subordinated, rescinded, cancelled or terminated.

Appears in 16 contracts

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)

Leases in Force. As of the Cutoff Date, neither the Sponsor’s receivables systems nor the Lease File indicate that the Lease (i) was a Terminating Lease or a Closed Lease or (ii) was satisfied, subordinated, rescinded, cancelled or terminated.. Test 3.3(q) — 1:

Appears in 13 contracts

Sources: Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2019-B), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2019-B), Asset Representations Review Agreement (CAB West LLC)

Leases in Force. As of the Cutoff Date, neither the Sponsor’s receivables systems nor the Lease File indicate that the Lease (i) was a Terminating Lease or a Closed Lease or (ii) was satisfied, subordinated, rescinded, cancelled or terminated.. Test 3.3(q) – 1:

Appears in 10 contracts

Sources: Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2021-B), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2021-B), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2021-A)