Common use of Deemed Satisfaction of Conditions Clause in Contracts

Deemed Satisfaction of Conditions. Upon the transfer of the Second-Tier Assets to, and the acceptance of the Second-Tier Assets by the Purchaser, all of the conditions set forth in this Article will be deemed to have been satisfied.

Appears in 39 contracts

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

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Deemed Satisfaction of Conditions. Upon the transfer of the SecondFirst-Tier Assets to, and the acceptance of the SecondFirst-Tier Assets by by, the Purchaser, all of the conditions set forth in this Article will be deemed to have been satisfied.

Appears in 39 contracts

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

Deemed Satisfaction of Conditions. Upon the transfer (or the purported transfer) of the Second-Tier Assets to, and the acceptance (or the purported acceptance) of the Second-Tier Assets by by, the PurchaserIssuer, all of the conditions set forth in this Article IV will be deemed to have been satisfied.

Appears in 15 contracts

Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-A), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-A), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2013-B)

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Deemed Satisfaction of Conditions. Upon On the transfer (or the purported transfer) of the Second-Tier Assets to, and the acceptance (or the purported acceptance) of the Second-Tier Assets by by, the PurchaserIssuer, all of the conditions set forth in this Article IV will be deemed to have been satisfied.

Appears in 7 contracts

Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-B), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-B), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-A)

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