Reserve Initial Deposit. On the 2011-B Closing Date, the Depositor will deposit, or cause to be deposited, the Reserve Initial Deposit into the Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2011-B), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2011-B)
Reserve Initial Deposit. On the 20112016-B Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2016-B Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-B)
Reserve Initial Deposit. On the 20112024-B Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2024-B Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-B)
Reserve Initial Deposit. On the 20112021-B A Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2021-A Reserve Account from the net proceeds of the sale of the Notes.. ARTICLE SIX
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-A)
Reserve Initial Deposit. On the 20112024-B A Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2024-A Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-A)
Reserve Initial Deposit. On the 20112019-B A Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2019-A Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-A)
Reserve Initial Deposit. On the 20112021-B Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2021-B Reserve Account from the net proceeds of the sale of the Notes.. ARTICLE SIX
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-B)
Reserve Initial Deposit. On the 20112025-B A Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2025-A Reserve Account from the net proceeds of the sale of the Notes.. ARTICLE SIX
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2025-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2025-A)
Reserve Initial Deposit. On the 20112012-B A Closing Date, the Depositor will deposit, or cause to be deposited, the Reserve Initial Deposit into the Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2012-A), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2012-A)
Reserve Initial Deposit. On the 20112018-B A Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2018-A Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-A)
Reserve Initial Deposit. On the 20112017-B A Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2017-A Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2017-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2017-A)
Reserve Initial Deposit. On the 20112020-B Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2020-B Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-B)
Reserve Initial Deposit. On the 20112025-B Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2025-B Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2025-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2025-B)
Reserve Initial Deposit. On the 20112018-B Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2018-B Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-B)
Reserve Initial Deposit. On the 20112019-B Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2019-B Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-B)
Reserve Initial Deposit. On the 20112023-B A Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2023-A Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2023-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2023-A)
Reserve Initial Deposit. On the 20112020-B A Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2020-A Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-A)
Reserve Initial Deposit. On the 20112016-B A Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2016-A Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-A)
Reserve Initial Deposit. On the 20112013-B Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2013-B Reserve Account from the net proceeds of the sale of the Notes.
Appears in 1 contract
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2013-B)
Reserve Initial Deposit. On the 20112014-B A Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2014-A Reserve Account from the net proceeds of the sale of the Notes.
Appears in 1 contract
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2014-A)
Reserve Initial Deposit. On the 20112015-B Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2015-B Reserve Account from the net proceeds of the sale of the Notes.
Appears in 1 contract
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2015-B)
Reserve Initial Deposit. On the 20112015-B A Closing Date, the Depositor Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2015-A Reserve Account from the net proceeds of the sale of the Notes.
Appears in 1 contract
Sources: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2015-A)