Sale of the Second-Tier Assets. (a) Effective as of the 2016-B Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 2016-B Exchange Note and all of the Seller’s rights under the 2016-B Basic Documents, including all monies paid thereon and all monies due thereon after the 2016-B Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 2 contracts
Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-B), Sale Agreement (Mercedes-Benz Auto Lease Trust 2016-B)
Sale of the Second-Tier Assets. (a) Effective as of the 20162020-B A Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162020-B A Exchange Note and all of the Seller’s rights under the 20162020-B A Basic Documents, including all monies paid thereon and all monies due thereon after the 20162020-B A Cutoff Date (collectively, the “Second-Tier Assets”).
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)
Sale of the Second-Tier Assets. (a) Effective as of the 20162020-B Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162020-B Exchange Note and all of the Seller’s rights under the 20162020-B Basic Documents, including all monies paid thereon and all monies due thereon after the 20162020-B Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 2 contracts
Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-B), Sale Agreement (Mercedes-Benz Auto Lease Trust 2020-B)
Sale of the Second-Tier Assets. (a) Effective as of the 20162017-B A Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162017-B A Exchange Note and all of the Seller’s rights under the 20162017-B A Basic Documents, including all monies paid thereon and all monies due thereon after the 20162017-B A Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 2 contracts
Samples: Daimler Trust (Mercedes-Benz Auto Lease Trust 2017-A), Daimler Trust (Mercedes-Benz Auto Lease Trust 2017-A)
Sale of the Second-Tier Assets. (a) Effective as of the 20162012-B A Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162012-B A Exchange Note and all of the Seller’s rights under the 20162012-B A Basic Documents, including all monies paid thereon and all monies due thereon after the 20162012-B A Cutoff Date (collectively, the “Second-Tier Assets”).
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)
Sale of the Second-Tier Assets. (a) Effective as of the 20162019-B A Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162019-B A Exchange Note and all of the Seller’s rights under the 20162019-B A Basic Documents, including all monies paid thereon and all monies due thereon after the 20162019-B A Cutoff Date (collectively, the “Second-Tier Assets”).
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)
Sale of the Second-Tier Assets. (a) Effective as of the 20162019-B Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162019-B Exchange Note and all of the Seller’s rights under the 20162019-B Basic Documents, including all monies paid thereon and all monies due thereon after the 20162019-B Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 2 contracts
Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-B), Sale Agreement (Mercedes-Benz Auto Lease Trust 2019-B)
Sale of the Second-Tier Assets. (a) Effective as of the 20162023-B A Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162023-B A Exchange Note and all of the Seller’s rights under the 20162023-B A Basic Documents, including all monies paid thereon and all monies due thereon after the 20162023-B A Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 2 contracts
Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2023-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2023-A)
Sale of the Second-Tier Assets. (a) Effective as of the 20162018-B A Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162018-B A Exchange Note and all of the Seller’s rights under the 20162018-B A Basic Documents, including all monies paid thereon and all monies due thereon after the 20162018-B A Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 2 contracts
Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-A)
Sale of the Second-Tier Assets. (a) Effective as of the 20162024-B A Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162024-B A Exchange Note and all of the Seller’s rights under the 20162024-B A Basic Documents, including all monies paid thereon and all monies due thereon after the 20162024-B A Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 2 contracts
Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-A)
Sale of the Second-Tier Assets. (a) Effective as of the 20162021-B A Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162021-B A Exchange Note and all of the Seller’s rights under the 20162021-B A Basic Documents, including all monies paid thereon and all monies due thereon after the 20162021-B A Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 2 contracts
Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-A)
Sale of the Second-Tier Assets. (a) Effective as of the 20162021-B Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162021-B Exchange Note and all of the Seller’s rights under the 20162021-B Basic Documents, including all monies paid thereon and all monies due thereon after the 20162021-B Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 2 contracts
Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-B), Sale Agreement (Mercedes-Benz Auto Lease Trust 2021-B)
Sale of the Second-Tier Assets. (a) Effective as of the 20162018-B Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162018-B Exchange Note and all of the Seller’s rights under the 20162018-B Basic Documents, including all monies paid thereon and all monies due thereon after the 20162018-B Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 2 contracts
Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-B), Sale Agreement (Mercedes-Benz Auto Lease Trust 2018-B)
Sale of the Second-Tier Assets. (a) Effective as of the 2016-B A Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 2016-B A Exchange Note and all of the Seller’s rights under the 2016-B A Basic Documents, including all monies paid thereon and all monies due thereon after the 2016-B A Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 2 contracts
Samples: Daimler Trust (Mercedes-Benz Auto Lease Trust 2016-A), Daimler Trust (Mercedes-Benz Auto Lease Trust 2016-A)
Sale of the Second-Tier Assets. (a) Effective as of the 20162013-B A Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162013-B A Exchange Note and all of the Seller’s rights under the 20162013-B A Basic Documents, including all monies paid thereon and all monies due thereon after the 20162013-B A Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 1 contract
Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2013-A)
Sale of the Second-Tier Assets. (a) Effective as of the 20162014-B A Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162014-B A Exchange Note and all of the Seller’s rights under the 20162014-B A Basic Documents, including all monies paid thereon and all monies due thereon after the 20162014-B A Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 1 contract
Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2014-A)
Sale of the Second-Tier Assets. (a) Effective as of the 20162015-B A Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162015-B A Exchange Note and all of the Seller’s rights under the 20162015-B A Basic Documents, including all monies paid thereon and all monies due thereon after the 20162015-B A Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 1 contract
Samples: Second Tier Sale Agreement (Mercedes-Benz Auto Lease Trust 2015-A)
Sale of the Second-Tier Assets. (a) Effective as of the 20162013-B Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162013-B Exchange Note and all of the Seller’s rights under the 20162013-B Basic Documents, including all monies paid thereon and all monies due thereon after the 20162013-B Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 1 contract
Samples: Daimler Trust (Mercedes-Benz Auto Lease Trust 2013-B)
Sale of the Second-Tier Assets. (a) Effective as of the 20162015-B Closing Date, the Seller sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 20162015-B Exchange Note and all of the Seller’s rights under the 20162015-B Basic Documents, including all monies paid thereon and all monies due thereon after the 20162015-B Cutoff Date (collectively, the “Second-Tier Assets”).
Appears in 1 contract
Samples: Daimler Trust (Mercedes-Benz Auto Lease Trust 2015-B)