Common use of No Extensions Clause in Contracts

No Extensions. As of the Cutoff Date, the Lease was not amended to extend the due date for any payment, other than Payment Extensions totaling no more than three months, as recorded in the Sponsor’s receivables systems and in the Lease File.

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)

No Extensions. As of the Cutoff Date, the Lease was not amended to extend the due date for any payment, other than Payment Extensions totaling no more than three months, as recorded in the Sponsor’s 's receivables systems and in the Lease File.

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)