Common use of “Financial Assets” Election Clause in Contracts

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 2020-A Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 2 contracts

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

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“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 20202019-A B Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 2 contracts

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

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 20202016-A Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 2 contracts

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

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 20202019-A Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 2 contracts

Samples: Control Agreement (Mercedes-Benz Auto Lease Trust 2019-A), Control Agreement (Mercedes-Benz Auto Lease Trust 2019-A)

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 20202018-A Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 2 contracts

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

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 20202023-A Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 2 contracts

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

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 20202016-A B Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 2 contracts

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

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 20202018-A B Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 2 contracts

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

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 20202012-A Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 2 contracts

Samples: Daimler Trust (Mercedes-Benz Auto Lease Trust 2012-A), Daimler Trust (Mercedes-Benz Auto Lease Trust 2012-A)

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 20202021-A Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 2 contracts

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

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 20202021-A B Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 2 contracts

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

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“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 2020-A 20[__]-[_] Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 2 contracts

Samples: Daimler Trust (Daimler Trust), Control Agreement (Daimler Trust)

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 2020-A 201[__]-[__] Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 2 contracts

Samples: Daimler Trust (Daimler Trust), Daimler Trust (Daimler Trust)

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 20202014-A Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 1 contract

Samples: Daimler Trust (Mercedes-Benz Auto Lease Trust 2014-A)

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 20202015-A Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 1 contract

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

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 20202013-A B Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 1 contract

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

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 20202013-A Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 1 contract

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

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the 20202015-A B Exchange Note Collection Account shall be treated as a “Financial Asset” set forth in Section 8-102(a)(9) of the UCC.

Appears in 1 contract

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

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