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 2012-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 2012-A Basic Documents being true and correct on the 2012-A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 2012-A Closing Date having been performed on or prior to the 2012-A Closing Date.

Appears in 2 contracts

Samples: First Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2012-A), First Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2012-A)

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Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20122011-A Exchange Note to the Purchaser Depositor as set forth in Section 2.01 2.1 is subject to each representation and warranty of the Purchaser Depositor as set forth in Section 3.01 and the other 2012-A Basic Documents 3.1 being true and correct on the 20122011-A Closing Date, and each obligation to be performed by the Purchaser Depositor under this Agreement on or prior to the 20122011-A Closing Date having been performed on or prior to the 20122011-A Closing Date.

Appears in 2 contracts

Samples: First Tier Sale Agreement (Ford Credit Auto Lease Trust 2011-A), First Tier Sale Agreement (Ford Credit Auto Lease Trust 2011-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 2012-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 2012-A Basic Documents being true and correct on the 2012-A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 2012-A Closing Date having been performed on or prior to the 2012-A Closing Date.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2012-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2012-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20122014-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 2012-A Basic Documents being true and correct on the 20122014-A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20122014-A Closing Date having been performed on or prior to the 20122014-A Closing Date.

Appears in 1 contract

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2014-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20122013-A 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 2012-A Basic Documents being true and correct on the 20122013-A B Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20122013-A B Closing Date having been performed on or prior to the 20122013-A B Closing Date.

Appears in 1 contract

Samples: Daimler Trust (Mercedes-Benz Auto Lease Trust 2013-B)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20122013-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 2012-A Basic Documents being true and correct on the 20122013-A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20122013-A Closing Date having been performed on or prior to the 20122013-A Closing Date.

Appears in 1 contract

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2013-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20122015-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 20122015-A Basic Documents being true and correct on the 20122015-A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20122015-A Closing Date having been performed on or prior to the 20122015-A Closing Date.

Appears in 1 contract

Samples: First Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2015-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20122013-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 20122013-A Basic Documents being true and correct on the 20122013-A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20122013-A Closing Date having been performed on or prior to the 20122013-A Closing Date.

Appears in 1 contract

Samples: First Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2013-A)

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Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20122013-A 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 20122013-A B Basic Documents being true and correct on the 20122013-A B Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20122013-A B Closing Date having been performed on or prior to the 20122013-A B Closing Date.

Appears in 1 contract

Samples: First Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2013-B)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20122014-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 20122014-A Basic Documents being true and correct on the 20122014-A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20122014-A Closing Date having been performed on or prior to the 20122014-A Closing Date. Section 4.03.

Appears in 1 contract

Samples: First Tier Sale Agreement

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20122015-A 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 2012-A Basic Documents being true and correct on the 20122015-A B Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20122015-A B Closing Date having been performed on or prior to the 20122015-A B Closing Date.

Appears in 1 contract

Samples: Daimler Trust (Mercedes-Benz Auto Lease Trust 2015-B)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20122015-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 2012-A Basic Documents being true and correct on the 20122015-A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20122015-A Closing Date having been performed on or prior to the 20122015-A Closing Date.

Appears in 1 contract

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2015-A)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the 20122014-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 20122014-A Basic Documents being true and correct on the 20122014-A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 20122014-A Closing Date having been performed on or prior to the 20122014-A Closing Date.

Appears in 1 contract

Samples: First Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2014-A)

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