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 2011-A Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 2011-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)

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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 20112015-A Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20112015-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 20112012-A Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20112012-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)

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 20112014-A B Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20112014-A 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)

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 20112013-A B Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20112013-A 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)

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 20112015-A B Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20112015-A 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 20112013-A Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20112013-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)

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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 2011-A B Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 2011-A 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 20112014-A Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20112014-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 20112012-A B Exchange Note or any Collateral Lease or Collateral Leased Vehicle included in the 20112012-A 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)

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