Investment Earnings. Notwithstanding the provisions of Section 5.03(b) of the Basic Servicing Agreement, investment earnings on funds on deposit in the 2016-B Bank Accounts shall constitute 2016-B Available Collections and, on or before each Payment Date, the Indenture Trustee shall deposit such investment earnings, net of any applicable investment losses and expenses, into the 2016-B Exchange Note Collection Account.
Appears in 3 contracts
Samples: Servicing Supplement, Servicing Supplement (Mercedes-Benz Auto Lease Trust 2016-B), Servicing Supplement (Mercedes-Benz Auto Lease Trust 2016-B)
Investment Earnings. Notwithstanding the provisions of Section 5.03(b) of the Basic Servicing Agreement, investment earnings on funds on deposit in the 20162018-B Bank Accounts shall constitute 20162018-B Available Collections and, on or before each Payment Date, the Indenture Trustee shall deposit such investment earnings, net of any applicable investment losses and expenses, into the 20162018-B Exchange Note Collection Account.
Appears in 2 contracts
Samples: Servicing Supplement (Mercedes-Benz Auto Lease Trust 2018-B), Servicing Supplement (Mercedes-Benz Auto Lease Trust 2018-B)
Investment Earnings. Notwithstanding the provisions of Section 5.03(b) of the Basic Servicing Agreement, investment earnings on funds on deposit in the 20162020-B Bank Accounts shall constitute 20162020-B Available Collections and, on or before each Payment Date, the Indenture Trustee shall deposit such investment earnings, net of any applicable investment losses and expenses, into the 20162020-B Exchange Note Collection Account.
Appears in 2 contracts
Samples: Servicing Supplement (Mercedes-Benz Auto Lease Trust 2020-B), Servicing Supplement (Mercedes-Benz Auto Lease Trust 2020-B)
Investment Earnings. Notwithstanding the provisions of Section 5.03(b) of the Basic Servicing Agreement, investment earnings on funds on deposit in the 20162017-B A Bank Accounts shall constitute 20162017-B A Available Collections and, on or before each Payment Date, the Indenture Trustee shall deposit such investment earnings, net of any applicable investment losses and expenses, into the 20162017-B A Exchange Note Collection Account.
Appears in 2 contracts
Samples: 2017 a Servicing Supplement (Mercedes-Benz Auto Lease Trust 2017-A), Servicing Supplement (Mercedes-Benz Auto Lease Trust 2017-A)
Investment Earnings. Notwithstanding the provisions of Section 5.03(b) of the Basic Servicing Agreement, investment earnings on funds on deposit in the 20162018-B A Bank Accounts shall constitute 20162018-B A Available Collections and, on or before each Payment Date, the Indenture Trustee shall deposit such investment earnings, net of any applicable investment losses and expenses, into the 20162018-B A Exchange Note Collection Account.
Appears in 2 contracts
Samples: Servicing Supplement (Mercedes-Benz Auto Lease Trust 2018-A), Servicing Supplement (Mercedes-Benz Auto Lease Trust 2018-A)
Investment Earnings. Notwithstanding the provisions of Section 5.03(b) of the Basic Servicing Agreement, investment earnings on funds on deposit in the 2016-B A Bank Accounts shall constitute 2016-B A Available Collections and, on or before each Payment Date, the Indenture Trustee shall deposit such investment earnings, net of any applicable investment losses and expenses, into the 2016-B A Exchange Note Collection Account.
Appears in 2 contracts
Samples: Servicing Supplement (Mercedes-Benz Auto Lease Trust 2016-A), Servicing Supplement (Mercedes-Benz Auto Lease Trust 2016-A)
Investment Earnings. Notwithstanding the provisions of Section 5.03(b) of the Basic Servicing Agreement, investment earnings on funds on deposit in the 20162015-B A Bank Accounts shall constitute 20162015-B A Available Collections and, on or before each Payment Date, the Indenture Trustee shall deposit such investment earnings, net of any applicable investment losses and expenses, into the 20162015-B A Exchange Note Collection Account.
Appears in 1 contract
Samples: Servicing Supplement (Mercedes-Benz Auto Lease Trust 2015-A)
Investment Earnings. Notwithstanding the provisions of Section 5.03(b) of the Basic Servicing Agreement, investment earnings on funds on deposit in the 20162015-B Bank Accounts shall constitute 20162015-B Available Collections and, on or before each Payment Date, the Indenture Trustee shall deposit such investment earnings, net of any applicable investment losses and expenses, into the 20162015-B Exchange Note Collection Account.
Appears in 1 contract
Samples: Servicing Supplement (Mercedes-Benz Auto Lease Trust 2015-B)