Common use of Delinquencies; No Payment Default Clause in Contracts

Delinquencies; No Payment Default. As of the 2016-B Cutoff Date, none of the 2016-B Xxxxxx is Delinquent by more than 30 days. As of the 2016-B Cutoff Date, none of the 2016-B Xxxxxx is a Defaulted Lease. Review Materials Data tape

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2016-B), Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2016-B)

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Delinquencies; No Payment Default. As of the 2016-B A Cutoff Date, none of the 2016-B Xxxxxx A Leases is Delinquent by more than 30 days. As of the 2016-B A Cutoff Date, none of the 2016-B Xxxxxx A Leases is a Defaulted Lease. Review Materials Data tape

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2016-A), Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2016-A)

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