Common use of Single Allocation Clause in Contracts

Single Allocation. Leases and Leased Vehicles allocated to the 20 - Reference Pool will not be in the Revolving Facility Pool or allocated to any other Reference Pool (other than after an Administrative Reallocation of a Lease and the related Leased Vehicle). No Leases or Leased Vehicles in the Revolving Facility Pool or allocated to any other Reference Pool after the Cutoff Date will be in the 20 - Reference Pool.

Appears in 3 contracts

Sources: Credit and Security Agreement (CAB West LLC), Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (CAB East LLC)

Single Allocation. Leases and Leased Vehicles allocated to the 20 - 2018-B Reference Pool will not be in the Revolving Facility Pool or allocated to any other Reference Pool (other than after an Administrative Reallocation of a Lease and the related Leased Vehicle). No Leases or Leased Vehicles in the Revolving Facility Pool or allocated to any other Reference Pool after the Cutoff Date will be in the 20 - 2018-B Reference Pool.

Appears in 3 contracts

Sources: Credit and Security Agreement, Credit and Security Agreement (Ford Credit Auto Lease Trust 2018-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2018-B)

Single Allocation. Leases and Leased Vehicles allocated to the 20 - 20__-__ Reference Pool will not be in the Revolving Facility Pool or allocated to any other Reference Pool (other than after an Administrative Reallocation of a Lease and the related Leased Vehicle). No Leases or Leased Vehicles in the Revolving Facility Pool or allocated to any other Reference Pool after the Cutoff Date will be in the 20 - 20__-__ Reference Pool.

Appears in 3 contracts

Sources: Exchange Note Supplement (CAB East LLC), Exchange Note Supplement (CAB East LLC), Credit and Security Agreement (CAB East LLC)