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 2023-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)

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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 20232016-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: Titling Trust Account Control Agreement (Mercedes-Benz Auto Lease Trust 2016-B), Control Agreement (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 20232020-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 2020-B), Control Agreement (Mercedes-Benz Auto Lease Trust 2020-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 20232016-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 2016-A), Control Agreement (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 20232021-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 20232024-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 2024-B), Control Agreement (Mercedes-Benz Auto Lease Trust 2024-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 20232018-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 20232024-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 2024-A), Titling Trust Account Control Agreement (Mercedes-Benz Auto Lease Trust 2024-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 20232017-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 2017-A), Control Agreement (Mercedes-Benz Auto Lease Trust 2017-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 20232021-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)

“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 20232019-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: Titling Trust Account Control Agreement (Mercedes-Benz Auto Lease Trust 2019-B), 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 2023-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: Control Agreement (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 20232020-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)

“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 2023-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: Control Agreement (Daimler Trust), Control Agreement (Daimler Trust)

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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 20232019-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 20232018-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 2018-A), Control Agreement (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 20232012-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 2012-A), Control Agreement (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 20232015-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: Control Agreement (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 20232013-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: Control Agreement (Mercedes-Benz Auto Lease Trust 2013-A)

“Financial Assets” Election. The Securities Intermediary hereby agrees that each item of property (whether investment property, financial assetincluding cash, security, instrument or cash) credited to the 2023-A Exchange Note Collection Securities Account on or after the date of the Agreement shall be treated as a “Financial Assetfinancial assetset forth in within the meaning of Section 8-102(a)(9) of the UCC.

Appears in 1 contract

Samples: Securities Account Control Agreement (Biomimetic Therapeutics, Inc.)

“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 20232013-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: Control Agreement (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 20232014-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: Control Agreement (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 20232015-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: Control Agreement (Mercedes-Benz Auto Lease Trust 2015-B)

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