Limited Recourse. The Seller and the Purchaser agree that any claim that the Seller or the Purchaser may seek to enforce against each other is limited to the First-Tier Assets only and does not represent a claim against the assets of the Seller or the Purchaser as a whole or any assets other than the First-Tier Assets.
Appears in 39 contracts
Samples: First Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-B), First Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-B), First Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-A)
Limited Recourse. The Seller and the Purchaser agree that any claim that the Seller or the Purchaser may seek to enforce against each other is limited to the FirstSecond-Tier Assets only and does not represent a claim against the assets of the Seller or the Purchaser as a whole or any assets other than the FirstSecond-Tier Assets.
Appears in 39 contracts
Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-A)
Limited Recourse. The Seller and the Purchaser agree that any claim that the Seller or the Purchaser may seek to enforce against each other is limited to the First-Tier 14 Assets only and does not represent a claim against the assets of the Seller or the Purchaser as a whole or any assets other than the First-Tier Assets.
Appears in 1 contract
Samples: First Tier Sale Agreement
