Common use of Obligations of the Depositor Clause in Contracts

Obligations of the Depositor. The obligations of the Depositor under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 2013-B Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 2013-B Reference Pool.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2013-B), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2013-B)

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Obligations of the Depositor. The obligations of the Depositor under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 20132011-B Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20132011-B Reference Pool.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2011-B), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2011-B)

Obligations of the Depositor. The obligations of the Depositor under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 20132015-B Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20132015-B Reference Pool.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-B), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-B)

Obligations of the Depositor. The obligations of the Depositor under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 2013-B A Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 2013-B A Reference Pool.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2013-A), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2013-A)

Obligations of the Depositor. The obligations of the Depositor under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 20132015-B A Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20132015-B A Reference Pool.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-A), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-A)

Obligations of the Depositor. The obligations of the Depositor under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 20132011-B A Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20132011-B A Reference Pool.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2011-A), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2011-A)

Obligations of the Depositor. The obligations of the Depositor under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 20132012-B A Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20132012-B A Reference Pool.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2012-A), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2012-A)

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Obligations of the Depositor. The obligations of the Depositor under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 20132012-B Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20132012-B Reference Pool.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2012-B), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2012-B)

Obligations of the Depositor. The obligations of the Depositor under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 20132014-B A Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20132014-B A Reference Pool.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-A), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-A)

Obligations of the Depositor. The obligations of the Depositor under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 20132014-B Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20132014-B Reference Pool.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-B), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-B)

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