Common use of Deposit of Repurchase Payments Clause in Contracts

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 2023-A Exchange Noteholder, a Noteholder, a Note Owner or the Indenture Trustee of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 2023-A Lease or 2023-A Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 2023-A Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 2023-A Lease and related 2023-A Vehicle. (ii) The Servicer shall deposit into the 2023-A Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 2023-A Lease and 2023-A Vehicle in accordance with the terms of the 2023-A Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 2023-A Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 2023-A Lease if the Servicer is notified that the garaging location of the related 2023-A Vehicle has changed and, as a result of such change, such 2023-A Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 2023-A Lease and related 2023-A Vehicle that the Servicer is removing from the 2023-A Reference Pool in accordance with Section 3.05(a) into the 2023-A Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232021-A Exchange Noteholder, a Noteholder, a Note Owner or the Indenture Trustee of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232021-A Lease or 20232021-A Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232021-A Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232021-A Lease and related 20232021-A Vehicle. (ii) The Servicer shall deposit into the 20232021-A Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232021-A Lease and 20232021-A Vehicle in accordance with the terms of the 20232021-A Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232021-A Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232021-A Lease if the Servicer is notified that the garaging location of the related 20232021-A Vehicle has changed and, as a result of such change, such 20232021-A Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232021-A Lease and related 20232021-A Vehicle that the Servicer is removing from the 20232021-A Reference Pool in accordance with Section 3.05(a) into the 20232021-A Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232016-A Exchange Noteholder, a Noteholder, a Note Owner or the Indenture Trustee Trustee, of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232016-A Lease or 20232016-A Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232016-A Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232016-A Lease and related 20232016-A Vehicle. (ii) The Servicer shall deposit into the 20232016-A Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232016-A Lease and 20232016-A Vehicle in accordance with the terms of the 20232016-A Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232016-A Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232016-A Lease if the Servicer is notified that the garaging location of the related 20232016-A Vehicle has changed and, as a result of such change, such 20232016-A Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232016-A Lease and related 20232016-A Vehicle that the Servicer is removing from the 20232016-A Reference Pool in accordance with Section 3.05(a) into the 20232016-A Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232020-A Exchange Noteholder, a Noteholder, a Note Owner or the Indenture Trustee of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232020-A Lease or 20232020-A Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232020-A Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232020-A Lease and related 20232020-A Vehicle. (ii) The Servicer shall deposit into the 20232020-A Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232020-A Lease and 20232020-A Vehicle in accordance with the terms of the 20232020-A Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232020-A Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232020-A Lease if the Servicer is notified that the garaging location of the related 20232020-A Vehicle has changed and, as a result of such change, such 20232020-A Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232020-A Lease and related 20232020-A Vehicle that the Servicer is removing from the 20232020-A Reference Pool in accordance with Section 3.05(a) into the 20232020-A Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232012-A Exchange Noteholder, a Noteholder, a Note Owner Noteholder or the Indenture Trustee Trustee, of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232012-A Lease or 20232012-A Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232012-A Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232012-A Lease and related 20232012-A Vehicle. (ii) The Servicer shall deposit into the 20232012-A Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232012-A Lease and 20232012-A Vehicle in accordance with the terms of the 20232012-A Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232012-A Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232012-A Lease if the Servicer is notified that the garaging location of the related 20232012-A Vehicle has changed and, as a result of such change, such 20232012-A Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232012-A Lease and related 20232012-A Vehicle that the Servicer is removing from the 20232012-A Reference Pool in accordance with Section 3.05(a) into the 20232012-A Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232016-A B Exchange Noteholder, a Noteholder, a Note Owner or the Indenture Trustee Trustee, of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232016-A B Lease or 20232016-A B Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232016-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232016-A B Lease and related 20232016-A B Vehicle. (ii) The Servicer shall deposit into the 20232016-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232016-A B Lease and 20232016-A B Vehicle in accordance with the terms of the 20232016-A B Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232016-A B Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232016-A B Lease if the Servicer is notified that the garaging location of the related 20232016-A B Vehicle has changed and, as a result of such change, such 20232016-A B Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232016-A B Lease and related 20232016-A B Vehicle that the Servicer is removing from the 20232016-A B Reference Pool in accordance with Section 3.05(a) into the 20232016-A B Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232019-A Exchange Noteholder, a Noteholder, a Note Owner or the Indenture Trustee of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232019-A Lease or 20232019-A Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232019-A Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232019-A Lease and related 20232019-A Vehicle. (ii) The Servicer shall deposit into the 20232019-A Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232019-A Lease and 20232019-A Vehicle in accordance with the terms of the 20232019-A Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232019-A Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232019-A Lease if the Servicer is notified that the garaging location of the related 20232019-A Vehicle has changed and, as a result of such change, such 20232019-A Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232019-A Lease and related 20232019-A Vehicle that the Servicer is removing from the 20232019-A Reference Pool in accordance with Section 3.05(a) into the 20232019-A Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232017-A Exchange Noteholder, a Noteholder, a Note Owner or the Indenture Trustee Trustee, of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232017-A Lease or 20232017-A Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232017-A Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232017-A Lease and related 20232017-A Vehicle. (ii) The Servicer shall deposit into the 20232017-A Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232017-A Lease and 20232017-A Vehicle in accordance with the terms of the 20232017-A Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232017-A Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232017-A Lease if the Servicer is notified that the garaging location of the related 20232017-A Vehicle has changed and, as a result of such change, such 20232017-A Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232017-A Lease and related 20232017-A Vehicle that the Servicer is removing from the 20232017-A Reference Pool in accordance with Section 3.05(a) into the 20232017-A Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232018-A B Exchange Noteholder, a Noteholder, a Note Owner or the Indenture Trustee of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232018-A B Lease or 20232018-A B Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232018-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232018-A B Lease and related 20232018-A B Vehicle. (ii) The Servicer shall deposit into the 20232018-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232018-A B Lease and 20232018-A B Vehicle in accordance with the terms of the 20232018-A B Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232018-A B Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232018-A B Lease if the Servicer is notified that the garaging location of the related 20232018-A B Vehicle has changed and, as a result of such change, such 20232018-A B Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232018-A B Lease and related 20232018-A B Vehicle that the Servicer is removing from the 20232018-A B Reference Pool in accordance with Section 3.05(a) into the 20232018-A B Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232020-A B Exchange Noteholder, a Noteholder, a Note Owner or the Indenture Trustee of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232020-A B Lease or 20232020-A B Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232020-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232020-A B Lease and related 20232020-A B Vehicle. (ii) The Servicer shall deposit into the 20232020-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232020-A B Lease and 20232020-A B Vehicle in accordance with the terms of the 20232020-A B Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232020-A B Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232020-A B Lease if the Servicer is notified that the garaging location of the related 20232020-A B Vehicle has changed and, as a result of such change, such 20232020-A B Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232020-A B Lease and related 20232020-A B Vehicle that the Servicer is removing from the 20232020-A B Reference Pool in accordance with Section 3.05(a) into the 20232020-A B Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232024-A Exchange Noteholder, a Noteholder, a Note Owner or the Indenture Trustee of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232024-A Lease or 20232024-A Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232024-A Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232024-A Lease and related 20232024-A Vehicle. (ii) The Servicer shall deposit into the 20232024-A Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232024-A Lease and 20232024-A Vehicle in accordance with the terms of the 20232024-A Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232024-A Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232024-A Lease if the Servicer is notified that the garaging location of the related 20232024-A Vehicle has changed and, as a result of such change, such 20232024-A Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232024-A Lease and related 20232024-A Vehicle that the Servicer is removing from the 20232024-A Reference Pool in accordance with Section 3.05(a) into the 20232024-A Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232019-A B Exchange Noteholder, a Noteholder, a Note Owner or the Indenture Trustee of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232019-A B Lease or 20232019-A B Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232019-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232019-A B Lease and related 20232019-A B Vehicle. (ii) The Servicer shall deposit into the 20232019-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232019-A B Lease and 20232019-A B Vehicle in accordance with the terms of the 20232019-A B Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232019-A B Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232019-A B Lease if the Servicer is notified that the garaging location of the related 20232019-A B Vehicle has changed and, as a result of such change, such 20232019-A B Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232019-A B Lease and related 20232019-A B Vehicle that the Servicer is removing from the 20232019-A B Reference Pool in accordance with Section 3.05(a) into the 20232019-A B Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232021-A B Exchange Noteholder, a Noteholder, a Note Owner or the Indenture Trustee of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232021-A B Lease or 20232021-A B Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232021-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232021-A B Lease and related 20232021-A B Vehicle. (ii) The Servicer shall deposit into the 20232021-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232021-A B Lease and 20232021-A B Vehicle in accordance with the terms of the 20232021-A B Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232021-A B Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232021-A B Lease if the Servicer is notified that the garaging location of the related 20232021-A B Vehicle has changed and, as a result of such change, such 20232021-A B Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232021-A B Lease and related 20232021-A B Vehicle that the Servicer is removing from the 20232021-A B Reference Pool in accordance with Section 3.05(a) into the 20232021-A B Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232024-A B Exchange Noteholder, a Noteholder, a Note Owner or the Indenture Trustee of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232024-A B Lease or 20232024-A B Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232024-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232024-A B Lease and related 20232024-A B Vehicle. (ii) The Servicer shall deposit into the 20232024-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232024-A B Lease and 20232024-A B Vehicle in accordance with the terms of the 20232024-A B Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232024-A B Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232024-A B Lease if the Servicer is notified that the garaging location of the related 20232024-A B Vehicle has changed and, as a result of such change, such 20232024-A B Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232024-A B Lease and related 20232024-A B Vehicle that the Servicer is removing from the 20232024-A B Reference Pool in accordance with Section 3.05(a) into the 20232024-A B Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232018-A Exchange Noteholder, a Noteholder, a Note Owner or the Indenture Trustee Trustee, of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and in each case such breach materially and adversely affects the interest of the Issuer in the related 20232018-A Lease or 20232018-A Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232018-A Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232018-A Lease and related 20232018-A Vehicle. (ii) The Servicer shall deposit into the 20232018-A Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232018-A Lease and 20232018-A Vehicle in accordance with the terms of the 20232018-A Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232018-A Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232018-A Lease if the Servicer is notified that the garaging location of the related 20232018-A Vehicle has changed and, as a result of such change, such 20232018-A Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232018-A Lease and related 20232018-A Vehicle that the Servicer is removing from the 20232018-A Reference Pool in accordance with Section 3.05(a) into the 20232018-A Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232014-A Exchange Noteholder, a Noteholder, a Note Owner Noteholder or the Indenture Trustee Trustee, of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232014-A Lease or 20232014-A Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232014-A Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232014-A Lease and related 20232014-A Vehicle. (ii) The Servicer shall deposit into the 20232014-A Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232014-A Lease and 20232014-A Vehicle in accordance with the terms of the 20232014-A Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232014-A Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232014-A Lease if the Servicer is notified that the garaging location of the related 20232014-A Vehicle has changed and, as a result of such change, such 20232014-A Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232014-A Lease and related 20232014-A Vehicle that the Servicer is removing from the 20232014-A Reference Pool in accordance with Section 3.05(a) into the 20232014-A Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 90-day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232013-A B Exchange Noteholder, a Noteholder, a Note Owner Noteholder or the Indenture Trustee Trustee, of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232013-A B Lease or 20232013-A B Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232013-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232013-A B Lease and related 20232013-A B Vehicle. (ii) The Servicer shall deposit into the 20232013-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232013-A B Lease and 20232013-A B Vehicle in accordance with the terms of the 20232013-A B Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232013-A B Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232013-A B Lease if the Servicer is notified that the garaging location of the related 20232013-A B Vehicle has changed and, as a result of such change, such 20232013-A B Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232013-A B Lease and related 20232013-A B Vehicle that the Servicer is removing from the 20232013-A B Reference Pool in accordance with Section 3.05(a) into the 20232013-A B Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232013-A Exchange Noteholder, a Noteholder, a Note Owner Noteholder or the Indenture Trustee Trustee, of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232013-A Lease or 20232013-A Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232013-A Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232013-A Lease and related 20232013-A Vehicle. (ii) The Servicer shall deposit into the 20232013-A Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232013-A Lease and 20232013-A Vehicle in accordance with the terms of the 20232013-A Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232013-A Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232013-A Lease if the Servicer is notified that the garaging location of the related 20232013-A Vehicle has changed and, as a result of such change, such 20232013-A Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232013-A Lease and related 20232013-A Vehicle that the Servicer is removing from the 20232013-A Reference Pool in accordance with Section 3.05(a) into the 20232013-A Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232015-A B Exchange Noteholder, a Noteholder, a Note Owner Noteholder or the Indenture Trustee Trustee, of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232015-A B Lease or 20232015-A B Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232015-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232015-A B Lease and related 20232015-A B Vehicle. (ii) The Servicer shall deposit into the 20232015-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232015-A B Lease and 20232015-A B Vehicle in accordance with the terms of the 20232015-A B Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232015-A B Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232015-A B Lease if the Servicer is notified that the garaging location of the related 20232015-A B Vehicle has changed and, as a result of such change, such 20232015-A B Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232015-A B Lease and related 20232015-A B Vehicle that the Servicer is removing from the 20232015-A B Reference Pool in accordance with Section 3.05(a) into the 20232015-A B Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 90-day period set forth therein.

Deposit of Repurchase Payments. (i) If an Authorized Officer of the Servicer has actual knowledge, or receives notice from the 20232015-A Exchange Noteholder, a Noteholder, a Note Owner Noteholder or the Indenture Trustee Trustee, of a breach of (A) a representation or warranty set forth in Section 3.03, (B) the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 20232015-A Lease or 20232015-A Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of, such breach, the Servicer shall deposit into the 20232015-A Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 20232015-A Lease and related 20232015-A Vehicle. (ii) The Servicer shall deposit into the 20232015-A Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or for any other reason, the Servicer is unable to service a 20232015-A Lease and 20232015-A Vehicle in accordance with the terms of the 20232015-A Servicing Agreement. (iii) So long as MBFS USA remains the Servicer, the Servicer will deposit into the 20232015-A Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 20232015-A Lease if the Servicer is notified that the garaging location of the related 20232015-A Vehicle has changed and, as a result of such change, such 20232015-A Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change. (iv) The Servicer will deposit the Repurchase Payment with respect to any 20232015-A Lease and related 20232015-A Vehicle that the Servicer is removing from the 20232015-A Reference Pool in accordance with Section 3.05(a) into the 20232015-A Exchange Note Collection Account on the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 90-day period set forth therein.