Common use of Reserve Initial Deposit Clause in Contracts

Reserve Initial Deposit. On the 2012-A Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2012-A Reserve Account from the net proceeds of the sale of the Notes.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2012-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2012-A)

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Reserve Initial Deposit. On the 20122019-A Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122019-A Reserve Account from the net proceeds of the sale of the Notes.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-A)

Reserve Initial Deposit. On the 20122017-A Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122017-A Reserve Account from the net proceeds of the sale of the Notes.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2017-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2017-A)

Reserve Initial Deposit. On the 20122024-A B Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122024-A B Reserve Account from the net proceeds of the sale of the Notes.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-B)

Reserve Initial Deposit. On the 20122019-A B Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122019-A B Reserve Account from the net proceeds of the sale of the Notes.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-B)

Reserve Initial Deposit. On the 20122018-A B Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122018-A B Reserve Account from the net proceeds of the sale of the Notes.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-B)

Reserve Initial Deposit. On the 20122020-A Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122020-A Reserve Account from the net proceeds of the sale of the Notes.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-A)

Reserve Initial Deposit. On the 2012-A Closing Date, the Seller Depositor will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2012-A Reserve Account from the net proceeds of the sale of the Notes.

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)

Reserve Initial Deposit. On the 20122023-A Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122023-A Reserve Account from the net proceeds of the sale of the Notes.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2023-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2023-A)

Reserve Initial Deposit. On the 20122024-A Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122024-A Reserve Account from the net proceeds of the sale of the Notes.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-A)

Reserve Initial Deposit. On the 20122018-A Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122018-A Reserve Account from the net proceeds of the sale of the Notes.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-A)

Reserve Initial Deposit. On the 20122020-A B Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122020-A B Reserve Account from the net proceeds of the sale of the Notes.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-B)

Reserve Initial Deposit. On the 20122011-A Closing Date, the Seller Depositor will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2012-A Reserve Account from the net proceeds of the sale of the Notes.

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)

Reserve Initial Deposit. On the 20122016-A Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122016-A Reserve Account from the net proceeds of the sale of the Notes.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-A)

Reserve Initial Deposit. On the 20122011-A Closing Date, the Seller Depositor will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2012-A Reserve Account from the net proceeds of the sale of the Class A Notes.

Appears in 2 contracts

Samples: Servicing Supplement (Ford Credit Auto Lease Trust 2011-A), Servicing Supplement (Ford Credit Auto Lease Trust 2011-A)

Reserve Initial Deposit. On the 20122011-A B Closing Date, the Seller Depositor will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2012-A Reserve Account from the net proceeds of the sale of the Notes.

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)

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Reserve Initial Deposit. On the 20122016-A B Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122016-A B Reserve Account from the net proceeds of the sale of the Notes.

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-B)

Reserve Initial Deposit. On the 20122021-A Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122021-A Reserve Account from the net proceeds of the sale of the Notes.. ARTICLE SIX

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-A), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-A)

Reserve Initial Deposit. On the 2012-A B Closing Date, the Seller Depositor will deposit, or cause to be deposited, the Reserve Initial Deposit into in the 2012-A Reserve Account from the net proceeds of the sale of the Notes.

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)

Reserve Initial Deposit. On the 20122021-A B Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122021-A B Reserve Account from the net proceeds of the sale of the Notes.. ARTICLE SIX

Appears in 2 contracts

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-B), Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-B)

Reserve Initial Deposit. On the 20122011-A B Closing Date, the Seller Depositor will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2012-A Reserve Account from the net proceeds of the sale of the Class A Notes.

Appears in 2 contracts

Samples: Servicing Agreement (Ford Credit Auto Lease Trust 2011-B), Servicing Agreement (Ford Credit Auto Lease Trust 2011-B)

Reserve Initial Deposit. On the 20122015-A Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122015-A Reserve Account from the net proceeds of the sale of the Notes.

Appears in 1 contract

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2015-A)

Reserve Initial Deposit. On the 20122013-A B Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122013-A B Reserve Account from the net proceeds of the sale of the Notes.

Appears in 1 contract

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2013-B)

Reserve Initial Deposit. On the 20122014-A Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122014-A Reserve Account from the net proceeds of the sale of the Notes.

Appears in 1 contract

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2014-A)

Reserve Initial Deposit. On the 20122013-A Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122013-A Reserve Account from the net proceeds of the sale of the Notes.

Appears in 1 contract

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2013-A)

Reserve Initial Deposit. On the 20122015-A B Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20122015-A B Reserve Account from the net proceeds of the sale of the Notes.

Appears in 1 contract

Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2015-B)

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