Common use of Securitization Value Clause in Contracts

Securitization Value. As of the 2024-A Cutoff Date, each 2024-A Lease had a Securitization Value not less than $15,000 and no more than $250,000. - Lease file (i) Confirm the Lease has a Securitization Value that is greater than or equal to $15,000.00 (ii) Confirm the Lease has a Securitization Value that is less than or equal to $250,000.00 (iii) If sections (i) and (ii) are confirmed, then Test Pass

Appears in 2 contracts

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

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Securitization Value. As of the 20242020-A B Cutoff Date, each 20242020-A B Lease had a Securitization Value not less than $15,000 and no more than $250,000. - Lease file (i) Confirm the Lease has a Securitization Value that is greater than or equal to $15,000.00 (ii) Confirm the Lease has a Securitization Value that is less than or equal to $250,000.00 (iii) If sections (i) and (ii) are confirmed, then Test Passpass

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2020-B), Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2020-B)

Securitization Value. As of the 20242020-A Cutoff Date, each 20242020-A Lease had a Securitization Value not less than $15,000 and no more than $250,000. - Lease file (i) Confirm the Lease has a Securitization Value that is greater than or equal to $15,000.00 (ii) Confirm the Lease has a Securitization Value that is less than or equal to $250,000.00 (iii) If sections (i) and (ii) are confirmed, then Test Passpass

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2020-A), Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2020-A)

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Securitization Value. As of the 2024-A B Cutoff Date, each 2024-A B Lease had a Securitization Value not less than $15,000 and no more than $250,000. - Lease file (i) Confirm the Lease has a Securitization Value that is greater than or equal to $15,000.00 (ii) Confirm the Lease has a Securitization Value that is less than or equal to $250,000.00 (iii) If sections (i) and (ii) are confirmed, then Test Pass

Appears in 2 contracts

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

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