Common use of Conditions to Obligation of the Seller Clause in Contracts

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 2018-B Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2018-B Basic Documents being true and correct on the 2018-B Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 2018-B Closing Date having been performed on or prior to the 2018-B Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-B), Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-B)

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Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182019-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 20182019-B A Basic Documents being true and correct on the 20182019-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182019-B A Closing Date having been performed on or prior to the 20182019-B A Closing Date.

Appears in 2 contracts

Samples: First Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-A), First Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182019-B Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2018-B Basic Documents being true and correct on the 20182019-B Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182019-B Closing Date having been performed on or prior to the 20182019-B Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-B), Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-B)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182020-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 20182020-B A Basic Documents being true and correct on the 20182020-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182020-B A Closing Date having been performed on or prior to the 20182020-B A Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 2018-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2018-B Basic Documents being true and correct on the 2018-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 2018-B A Closing Date having been performed on or prior to the 2018-B A Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182021-B Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 20182021-B Basic Documents being true and correct on the 20182021-B Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182021-B Closing Date having been performed on or prior to the 20182021-B Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-B), Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-B)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182023-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 20182023-B A Basic Documents being true and correct on the 20182023-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182023-B A Closing Date having been performed on or prior to the 20182023-B A Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2023-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2023-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182024-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 20182024-B A Basic Documents being true and correct on the 20182024-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182024-B A Closing Date having been performed on or prior to the 20182024-B A Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182020-B Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2018-B Basic Documents being true and correct on the 20182020-B Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182020-B Closing Date having been performed on or prior to the 20182020-B Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-B), Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-B)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182019-B Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 20182019-B Basic Documents being true and correct on the 20182019-B Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182019-B Closing Date having been performed on or prior to the 20182019-B Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-B), Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-B)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182017-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 20182017-B A Basic Documents being true and correct on the 20182017-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182017-B A Closing Date having been performed on or prior to the 20182017-B A Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2017-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2017-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182021-B Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2018-B Basic Documents being true and correct on the 20182021-B Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182021-B Closing Date having been performed on or prior to the 20182021-B Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-B), Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-B)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 2018-B Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2018-B Basic Documents being true and correct on the 2018-B Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 2018-B Closing Date having been performed on or prior to the 2018-B Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-B), Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-B)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182016-B Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 20182016-B Basic Documents being true and correct on the 20182016-B Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182016-B Closing Date having been performed on or prior to the 20182016-B Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-B), Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-B)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182016-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2018-B Basic Documents being true and correct on the 20182016-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182016-B A Closing Date having been performed on or prior to the 20182016-B A Closing Date.

Appears in 2 contracts

Samples: Daimler Trust (Mercedes-Benz Auto Lease Trust 2016-A), Daimler Trust (Mercedes-Benz Auto Lease Trust 2016-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182021-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2018-B Basic Documents being true and correct on the 20182021-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182021-B A Closing Date having been performed on or prior to the 20182021-B A Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-A)

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Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182020-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2018-B Basic Documents being true and correct on the 20182020-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182020-B A Closing Date having been performed on or prior to the 20182020-B A Closing Date.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 2018-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2018-B A Basic Documents being true and correct on the 2018-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 2018-B A Closing Date having been performed on or prior to the 2018-B A Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182023-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2018-B Basic Documents being true and correct on the 20182023-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182023-B A Closing Date having been performed on or prior to the 20182023-B A Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2023-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2023-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182020-B Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 20182020-B Basic Documents being true and correct on the 20182020-B Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182020-B Closing Date having been performed on or prior to the 20182020-B Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-B), Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-B)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182016-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 20182016-B A Basic Documents being true and correct on the 20182016-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182016-B A Closing Date having been performed on or prior to the 20182016-B A Closing Date.

Appears in 2 contracts

Samples: First Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-A), First Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182024-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2018-B Basic Documents being true and correct on the 20182024-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182024-B A Closing Date having been performed on or prior to the 20182024-B A Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182017-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2018-B Basic Documents being true and correct on the 20182017-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182017-B A Closing Date having been performed on or prior to the 20182017-B A Closing Date.

Appears in 2 contracts

Samples: Daimler Trust (Mercedes-Benz Auto Lease Trust 2017-A), Daimler Trust (Mercedes-Benz Auto Lease Trust 2017-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182016-B Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2018-B Basic Documents being true and correct on the 20182016-B Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182016-B Closing Date having been performed on or prior to the 20182016-B Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-B), Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-B)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182021-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 20182021-B A Basic Documents being true and correct on the 20182021-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182021-B A Closing Date having been performed on or prior to the 20182021-B A Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20182019-B A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2018-B Basic Documents being true and correct on the 20182019-B A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20182019-B A Closing Date having been performed on or prior to the 20182019-B A Closing Date.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-A)

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