Common use of Collection of Payments Clause in Contracts

Collection of Payments. The Servicer may grant extensions, waivers, rebates, modifications or adjustments with respect to any 2018-A Lease, except that if, after the 2018-A Cutoff Date, the Servicer grants an extension with respect to any 2018-A Lease which extends its related Maturity Date to a date later than the Payment Date occurring six months prior to the Final Scheduled Payment Date of the Class A-4 Notes, the Servicer shall deposit into the 2018-A Exchange Note Collection Account an amount equal to the related Repurchase Payment and will reallocate such 2018-A Lease and the related 2018-A Vehicle to the Revolving Facility Pool in accordance with Section 3.05 except, in either case, to the extent that any such extension is required by Applicable Law.

Collection of Payments. The Servicer may grant extensions, waivers, rebates, modifications or adjustments with respect to any 20182016-A B Lease, except that if, after the 20182016-A B Cutoff Date, the Servicer grants an extension with respect to any 20182016-A B Lease which extends its related Maturity Date to a date later than the Payment Date occurring six months prior to the Final Scheduled Payment Date of the Class A-4 Notes, the Servicer shall deposit into the 20182016-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment and will reallocate such 20182016-A B Lease and the related 20182016-A B Vehicle to the Revolving Facility Pool in accordance with Section 3.05 except, in either case, to the extent that any such extension is required by Applicable Law.

Collection of Payments. The Servicer may grant extensions, waivers, rebates, modifications or adjustments with respect to any 20182016-A Lease, except that if, after the 20182016-A Cutoff Date, the Servicer grants an extension with respect to any 20182016-A Lease which extends its related Maturity Date to a date later than the Payment Date occurring six months prior to the Final Scheduled Payment Date of the Class A-4 Notes, the Servicer shall deposit into the 20182016-A Exchange Note Collection Account an amount equal to the related Repurchase Payment and will reallocate such 20182016-A Lease and the related 20182016-A Vehicle to the Revolving Facility Pool in accordance with Section 3.05 except, in either case, to the extent that any such extension is required by Applicable Law.

Collection of Payments. The Servicer may grant extensions, waivers, rebates, modifications or adjustments with respect to any 2018-A B Lease, except that if, after the 2018-A B Cutoff Date, the Servicer grants an extension with respect to any 2018-A B Lease which extends its related Maturity Date to a date later than the Payment Date occurring six months prior to the Final Scheduled Payment Date of the Class A-4 Notes, the Servicer shall deposit into the 2018-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment and will reallocate such 2018-A B Lease and the related 2018-A B Vehicle to the Revolving Facility Pool in accordance with Section 3.05 except, in either case, to the extent that any such extension is required by Applicable Law.

Collection of Payments. The Servicer may grant extensions, waivers, rebates, modifications or adjustments with respect to any 20182017-A Lease, except that if, after the 20182017-A Cutoff Date, the Servicer grants an extension with respect to any 20182017-A Lease which extends its related Maturity Date to a date later than the Payment Date occurring six months prior to the Final Scheduled Payment Date of the Class A-4 Notes, the Servicer shall deposit into the 20182017-A Exchange Note Collection Account an amount equal to the related Repurchase Payment and will reallocate such 20182017-A Lease and the related 20182017-A Vehicle to the Revolving Facility Pool in accordance with Section 3.05 except, in either case, to the extent that any such extension is required by Applicable Law.

Collection of Payments. The Servicer may grant extensions, waivers, rebates, modifications or adjustments with respect to any 20182012-A Lease, except that if, after the 20182012-A Cutoff Date, the Servicer grants an extension with respect to any 20182012-A Lease which extends its related Maturity Date to a date later than the Payment Date occurring six months prior to the Final Scheduled Payment Date of the Class A-4 Notes, the Servicer shall deposit into the 20182012-A Exchange Note Collection Account an amount equal to the related Repurchase Payment and will reallocate such 20182012-A Lease and the related 20182012-A Vehicle to the Revolving Facility Pool in accordance with Section 3.05 except, in either case, to the extent that any such extension is required by Applicable Law.

Collection of Payments. The Servicer may grant extensions, waivers, rebates, modifications or adjustments with respect to any 20182014-A Lease, except that if, after the 20182014-A Cutoff Date, the Servicer grants an extension with respect to any 20182014-A Lease which extends its related Maturity Date to a date later than the Payment Date occurring six months prior to the Final Scheduled Payment Date of the Class A-4 Notes, the Servicer shall deposit into the 20182014-A Exchange Note Collection Account an amount equal to the related Repurchase Payment and will reallocate such 20182014-A Lease and the related 20182014-A Vehicle to the Revolving Facility Pool in accordance with Section 3.05 except, in either case, to the extent that any such extension is required by Applicable Law.

Collection of Payments. The Servicer may grant extensions, waivers, rebates, modifications or adjustments with respect to any 20182016-A B Lease, except that if, after the 20182016-A B Cutoff Date, the Servicer grants an extension with respect to any 20182016-A B Lease which extends its related Maturity Date to a date later than the Payment Date occurring six months prior to the Final Scheduled Payment Date of the Class A-4 Notes, the Servicer shall deposit into the 20182016-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment and will reallocate such 20182016-A B Lease and the related 20182016-A B Vehicle to the Revolving Facility Pool in accordance with Section 3.05 except, in either case, to the extent that any such extension is required by Applicable Law. Section 3.07.

Collection of Payments. The Servicer may grant extensions, waivers, rebates, modifications or adjustments with respect to any 20182013-A B Lease, except that if, after the 20182013-A B Cutoff Date, the Servicer grants an extension with respect to any 20182013-A B Lease which extends its related Maturity Date to a date later than the Payment Date occurring six months prior to the Final Scheduled Payment Date of the Class A-4 Notes, the Servicer shall deposit into the 20182013-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment and will reallocate such 20182013-A B Lease and the related 20182013-A B Vehicle to the Revolving Facility Pool in accordance with Section 3.05 except, in either case, to the extent that any such extension is required by Applicable Law.

Collection of Payments. The Servicer may grant extensions, waivers, rebates, modifications or adjustments with respect to any 20182013-A Lease, except that if, after the 20182013-A Cutoff Date, the Servicer grants an extension with respect to any 20182013-A Lease which extends its related Maturity Date to a date later than the Payment Date occurring six months prior to the Final Scheduled Payment Date of the Class A-4 Notes, the Servicer shall deposit into the 20182013-A Exchange Note Collection Account an amount equal to the related Repurchase Payment and will reallocate such 20182013-A Lease and the related 20182013-A Vehicle to the Revolving Facility Pool in accordance with Section 3.05 except, in either case, to the extent that any such extension is required by Applicable Law.

Collection of Payments. The Servicer may grant extensions, waivers, rebates, modifications or adjustments with respect to any 20182015-A B Lease, except that if, after the 20182015-A B Cutoff Date, the Servicer grants an extension with respect to any 20182015-A B Lease which extends its related Maturity Date to a date later than the Payment Date occurring six months prior to the Final Scheduled Payment Date of the Class A-4 Notes, the Servicer shall deposit into the 20182015-A B Exchange Note Collection Account an amount equal to the related Repurchase Payment and will reallocate such 20182015-A B Lease and the related 20182015-A B Vehicle to the Revolving Facility Pool in accordance with Section 3.05 except, in either case, to the extent that any such extension is required by Applicable Law.

Collection of Payments. The Servicer may grant extensions, waivers, rebates, modifications or adjustments with respect to any 20182015-A Lease, except that if, after the 20182015-A Cutoff Date, the Servicer grants an extension with respect to any 20182015-A Lease which extends its related Maturity Date to a date later than the Payment Date occurring six months prior to the Final Scheduled Payment Date of the Class A-4 Notes, the Servicer shall deposit into the 20182015-A Exchange Note Collection Account an amount equal to the related Repurchase Payment and will reallocate such 20182015-A Lease and the related 20182015-A Vehicle to the Revolving Facility Pool in accordance with Section 3.05 except, in either case, to the extent that any such extension is required by Applicable Law.