Common use of Sale of the Second-Tier Assets Clause in Contracts

Sale of the Second-Tier Assets. (a) Effective as of the 2013-B Closing Date and immediately after the transaction pursuant to the First-Tier Sale Agreement, and immediately before the transactions contemplated by the Trust Agreement and the Indenture, the Depositor sells and assigns to the Issuer, without recourse, the Second-Tier Assets.

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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Sale of the Second-Tier Assets. (a) Effective as of the 20132014-B A Closing Date and immediately after the transaction pursuant to the First-Tier Sale Agreement, and immediately before the transactions contemplated by the Trust Agreement and the Indenture, the Depositor sells and assigns to the Issuer, without recourse, the Second-Tier Assets.

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)

Sale of the Second-Tier Assets. (a) Effective as of the 20132011-B Closing Date and immediately after the transaction pursuant to the First-Tier Sale Agreement, and immediately before the transactions contemplated by the Trust Agreement and the Indenture, the Depositor sells and assigns to the Issuer, without recourse, the Second-Tier Assets.

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)

Sale of the Second-Tier Assets. (a) Effective as of the 2013-B A Closing Date and immediately after the transaction pursuant to the First-Tier Sale Agreement, and immediately before the transactions contemplated by the Trust Agreement and the Indenture, the Depositor sells and assigns to the Issuer, without recourse, the Second-Tier Assets.

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)

Sale of the Second-Tier Assets. (a) Effective as of the 20132015-B Closing Date and immediately after the transaction pursuant to under the First-Tier Sale Agreement, and immediately before the transactions contemplated by the Trust Agreement and the Indenture, the Depositor sells and assigns to the Issuer, without recourse, the Second-Tier Assets.

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)

Sale of the Second-Tier Assets. (a) Effective as of the 20132012-B Closing Date and immediately after the transaction pursuant to the First-Tier Sale Agreement, and immediately before the transactions contemplated by the Trust Agreement and the Indenture, the Depositor sells and assigns to the Issuer, without recourse, the Second-Tier Assets.

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)

Sale of the Second-Tier Assets. (a) Effective as of the 20132015-B A Closing Date and immediately after the transaction pursuant to under the First-Tier Sale Agreement, and immediately before the transactions contemplated by the Trust Agreement and the Indenture, the Depositor sells and assigns to the Issuer, without recourse, the Second-Tier Assets.

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)

Sale of the Second-Tier Assets. (a) Effective as of the 20132012-B A Closing Date and immediately after the transaction pursuant to the First-Tier Sale Agreement, and immediately before the transactions contemplated by the Trust Agreement and the Indenture, the Depositor sells and assigns to the Issuer, without recourse, the Second-Tier Assets.

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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Sale of the Second-Tier Assets. (a) Effective as of the 20132014-B Closing Date and immediately after the transaction pursuant to under the First-Tier Sale Agreement, and immediately before the transactions contemplated by the Trust Agreement and the Indenture, the Depositor sells and assigns to the Issuer, without recourse, the Second-Tier Assets.

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)

Sale of the Second-Tier Assets. (a) Effective as of the 20132011-B A Closing Date and immediately after the transaction pursuant to the First-Tier Sale Agreement, and immediately before the transactions contemplated by the Trust Agreement and the Indenture, the Depositor sells and assigns to the Issuer, without recourse, the Second-Tier Assets.

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)

Sale of the Second-Tier Assets. (a) Effective as of the 2013-B 20_-_ Closing Date and immediately after the transaction pursuant to the First-Tier Sale Agreement, and immediately before the transactions contemplated by the Trust Agreement and the Indenture, the Depositor sells and assigns to the Issuer, without recourse, the Second-Tier Assets.

Appears in 1 contract

Samples: Second Tier Sale Agreement (CAB West LLC)

Sale of the Second-Tier Assets. (a) Effective as of the 2013-B 20__-_ Closing Date and immediately after the transaction pursuant to under the First-Tier Sale Agreement, and immediately before the transactions contemplated by the Trust Agreement and the Indenture, the Depositor sells and assigns to the Issuer, without recourse, the Second-Tier Assets.

Appears in 1 contract

Samples: Second Tier Sale Agreement (CAB West LLC)

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