New Vehicle. The Leased Vehicle was a new car, light truck or utility vehicle according to the Underwriting Procedures at the beginning of the related Lease.
Appears in 39 contracts
Samples: Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2025-A), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2025-A), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-B)
