Leases in Force. No Lease (i) is a Terminating Lease or a Closed Lease or (ii) has been satisfied, subordinated, rescinded, cancelled or terminated, in whole or in part.
Appears in 5 contracts
Sources: Servicing Agreement (Ford Credit Auto Lease Trust 2011-B), Servicing Agreement (Ford Credit Auto Lease Trust 2011-B), Servicing Supplement (Ford Credit Auto Lease Trust 2011-A)
Leases in Force. No Lease (i) is a Terminating Lease or a Closed Lease as of the Cutoff Date or (ii) has been satisfied, subordinated, rescinded, cancelled or terminated, in whole or in part.
Appears in 2 contracts
Sources: Servicing Supplement (Ford Credit Auto Lease Trust 2012-A), Servicing Agreement (Ford Credit Auto Lease Trust 2012-A)