Common use of Servicer Representations and Warranties Clause in Contracts

Servicer Representations and Warranties. (a) The Servicer has made the representations and warranties set forth in Section 3.02 of the Basic Servicing Agreement on which the Lender, the Titling Trust and the Collateral Agent have relied, and the 2020-A Exchange Noteholder, in acquiring the 2020-A Exchange Note, will rely. Such representations and warranties are remade as of the 2020-A Exchange Note Issuance Date and will survive the sale, transfer, assignment and conveyance of the 2020-A Exchange Note to the 2020-A Exchange Noteholder, the Transferor and the Issuer and the pledge of the 2020-A Exchange Note to the Indenture Trustee pursuant to the Indenture.

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2020-A), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2020-A)

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Servicer Representations and Warranties. (a) The Servicer has made the representations and warranties set forth in Section 3.02 of the Basic Servicing Agreement on which the Lender, the Titling Trust and the Collateral Agent have relied, and the 20202019-A B Exchange Noteholder, in acquiring the 20202019-A B Exchange Note, will rely. Such representations and warranties are remade as of the 20202019-A B Exchange Note Issuance Date and will survive the sale, transfer, assignment and conveyance of the 20202019-A B Exchange Note to the 20202019-A B Exchange Noteholder, the Transferor and the Issuer and the pledge of the 20202019-A B Exchange Note to the Indenture Trustee pursuant to the Indenture.

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2019-B), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2019-B)

Servicer Representations and Warranties. (a) The Servicer has made the representations and warranties set forth in Section 3.02 of the Basic Servicing Agreement on which the Lender, the Titling Trust and the Collateral Agent have relied, and the 2020-A B Exchange Noteholder, in acquiring the 2020-A B Exchange Note, will rely. Such representations and warranties are remade as of the 2020-A B Exchange Note Issuance Date and will survive the sale, transfer, assignment and conveyance of the 2020-A B Exchange Note to the 2020-A B Exchange Noteholder, the Transferor and the Issuer and the pledge of the 2020-A B Exchange Note to the Indenture Trustee pursuant to the Indenture.

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2020-B), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2020-B)

Servicer Representations and Warranties. (a) The Servicer has made the representations and warranties set forth in Section 3.02 of the Basic Servicing Agreement on which the Lender, the Titling Trust and the Collateral Agent have relied, and the 20202019-A Exchange Noteholder, in acquiring the 20202019-A Exchange Note, will rely. Such representations and warranties are remade as of the 20202019-A Exchange Note Issuance Date and will survive the sale, transfer, assignment and conveyance of the 20202019-A Exchange Note to the 20202019-A Exchange Noteholder, the Transferor and the Issuer and the pledge of the 20202019-A Exchange Note to the Indenture Trustee pursuant to the Indenture.

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2019-A), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2019-A)

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Servicer Representations and Warranties. (a) The Servicer has made the representations and warranties set forth in Section 3.02 of the Basic Servicing Agreement on which the Lender, the Titling Trust and the Collateral Agent have relied, and the 20202021-A Exchange Noteholder, in acquiring the 20202021-A Exchange Note, will rely. Such representations and warranties are remade as of the 20202021-A Exchange Note Issuance Date and will survive the sale, transfer, assignment and conveyance of the 20202021-A Exchange Note to the 20202021-A Exchange Noteholder, the Transferor and the Issuer and the pledge of the 20202021-A Exchange Note to the Indenture Trustee pursuant to the Indenture.

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2021-A), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2021-A)

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