Triple Net Leases. Each Lease (including all other agreements related thereto) is a triple net lease that requires the related Lessee (or another Person other than the Seller) to pay all costs relating to taxes, insurance and maintenance with respect to the related Leased Vehicle.
Appears in 10 contracts
Sources: Sale and Contribution Agreement (Ally Auto Assets LLC), Sale and Contribution Agreement (Ally Auto Assets LLC), Sale and Contribution Agreement (Ally Auto Assets LLC)
Triple Net Leases. Each Lease (including all other agreements related thereto) is a triple net lease that requires the related Lessee (or another Person other than the Seller) Ally Bank or ABLT to pay all costs relating to taxes, insurance and maintenance with respect to the related Leased Vehicle.
Appears in 1 contract