Common use of Review Notices and Identification of Review Assets Clause in Contracts

Review Notices and Identification of Review Assets. On receipt of a Review Notice from the Indenture Trustee pursuant to Section 7.02 of the Indenture, the Asset Representations Reviewer will start a Review. Once a Review Notice has been issued, the Servicer will provide the list of Review Assets to the Asset Representations Reviewer within ten Business Days. The Asset Representations Reviewer will not be obligated to start a Review until a Review Notice and the related list of Review Assets is received. The Asset Representations Reviewer is not obligated to verify (i) whether the Indenture Trustee properly determined that a Review Notice was required or (ii) the accuracy or completeness of the list of Review Assets provided by the Servicer.

Appears in 35 contracts

Samples: Asset Representations (Mercedes-Benz Auto Lease Trust 2024-B), Asset Representations (Mercedes-Benz Auto Lease Trust 2024-B), Review Agreement (Mercedes-Benz Auto Lease Trust 2024-A)

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Review Notices and Identification of Review Assets. On receipt of a Review Notice from the Indenture Trustee pursuant according to Section 7.02 of the Indenture, the Asset Representations Reviewer will start a Review. Once The Asset Representations Reviewer will not be obligated to start a Review until a Review Notice has been is received. Once the Review Notice is issued, the Servicer will provide the list of Review Assets to the Asset Representations Reviewer within ten (10) Business Days. The Asset Representations Reviewer will not be obligated to start a Review until a Review Notice and the related list of Review Assets is received. The Asset Representations Reviewer is not obligated to verify (i) whether the Indenture Trustee properly determined that a Review Notice was required or (ii) the accuracy or completeness of the list of Review Assets provided by the Servicer.

Appears in 6 contracts

Samples: Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2017-A), Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2017-A), Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2016-B)

Review Notices and Identification of Review Assets. On receipt of a Review Notice from the Indenture Trustee pursuant to Section 7.02 of the Indenture, the Asset Representations Reviewer will start a Review. Once a Review Notice has been issuedso received, the Servicer will provide the list of Review Assets to the Asset Representations Reviewer within ten Business Days. The Asset Representations Reviewer will not be obligated to start a Review until a Review Notice and the related list of Review Assets is received. The Asset Representations Reviewer is not obligated to verify (i) whether the Indenture Trustee properly determined that a Review Notice was required or (ii) the accuracy or completeness of the list of Review Assets provided by the Servicer.

Appears in 2 contracts

Samples: Daimler Trucks (Daimler Trucks Retail Trust 2024-1), Agreement (Daimler Trucks Retail Trust 2024-1)

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Review Notices and Identification of Review Assets. On receipt of a Review Notice from the Indenture Trustee pursuant according to Section 7.02 [7.02] of the Indenture, the Asset Representations Reviewer will start a Review. Once The Asset Representations Reviewer will not be obligated to start a Review until a Review Notice has been is received. Once the Review Notice is issued, the Servicer will provide the list of Review Assets to the Asset Representations Reviewer within ten [ ] Business Days. The Asset Representations Reviewer will not be obligated to start a Review until a Review Notice and the related list of Review Assets is received. The Asset Representations Reviewer is not obligated to verify (i) whether the Indenture Trustee properly determined that a Review Notice was required or (ii) the accuracy or completeness of the list of Review Assets provided by the Servicer.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Daimler Trust), Asset Representations Review Agreement (Daimler Trust)

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