Exchange Note Defaults and Remedies. SECTION 4.1. 2021-2 Exchange Note Defaults. Any of the following events or occurrences shall constitute the “Exchange Note Defaults” with respect to the 2021-2 Exchange Note: (a) the events set forth in Section 6.3(a) of the Credit and Security Agreement, or (b) the acceleration of the Notes under the Indenture following the occurrence of an Event of Default set forth in Section 5.1 thereof; provided, that, with respect to Section 6.3(a)(ii) of the Credit and Security Agreement, the reference to a “
Appears in 2 contracts
Samples: Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number (GM Financial Automobile Leasing Trust 2021-2), GM Financial Automobile Leasing Trust 2021-2
Exchange Note Defaults and Remedies. SECTION 4.1. 2021-2 1 Exchange Note Defaults. Any of the following events or occurrences shall constitute the “Exchange Note Defaults” with respect to the 2021-2 1 Exchange Note: (a) the events set forth in Section 6.3(a) of the Credit and Security Agreement, or (b) the acceleration of the Notes under the Indenture following the occurrence of an Event of Default set forth in Section 5.1 thereof; provided, that, with respect to Section 6.3(a)(ii) of the Credit and Security Agreement, the reference to a “
Appears in 2 contracts
Samples: Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number (GM Financial Automobile Leasing Trust 2021-1), GM Financial Automobile Leasing Trust 2021-1
Exchange Note Defaults and Remedies. SECTION 4.1. 20212019-2 3 Exchange Note Defaults. Any of the following events or occurrences shall constitute the “Exchange Note Defaults” with respect to the 20212019-2 3 Exchange Note: (a) the events set forth in Section 6.3(a) of the Credit and Security Agreement, or (b) the acceleration of the Notes under the Indenture following the occurrence of an Event of Default set forth in Section 5.1 thereof; provided, that, with respect to Section 6.3(a)(ii) of the Credit and Security Agreement, the reference to a “
Appears in 2 contracts
Samples: Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease (GMF Leasing LLC), GMF Leasing LLC
Exchange Note Defaults and Remedies. SECTION 4.1. 20212024-2 1 Exchange Note Defaults. Any of the following events or occurrences shall constitute the “Exchange Note Defaults” with respect to the 20212024-2 1 Exchange Note: (a) the events set forth in Section 6.3(a) of the Credit and Security Agreement, or (b) the acceleration of the Notes under the Indenture following the occurrence of an Event of Default set forth in Section 5.1 thereof; provided, that, with respect to Section 6.3(a)(ii) of the Credit and Security Agreement, the reference to a “
Appears in 2 contracts
Samples: Credit and Security Agreement (GM Financial Automobile Leasing Trust 2024-1), Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease (GM Financial Automobile Leasing Trust 2024-1)
Exchange Note Defaults and Remedies. SECTION 4.1. 20212017-2 1 Exchange Note Defaults. Any of the following events or occurrences shall constitute the “Exchange Note Defaults” with respect to the 20212017-2 1 Exchange Note: (a) the events set forth in Section 6.3(a) of the Credit and Security Agreement, or (b) the acceleration of the Notes under the Indenture following the occurrence of an Event of Default set forth in Section 5.1 thereof; provided, that, with respect to Section 6.3(a)(ii) of the Credit and Security Agreement, the reference to a “.
Appears in 2 contracts
Samples: Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease (GMF Leasing LLC), Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease (GMF Leasing LLC)
Exchange Note Defaults and Remedies. SECTION 4.1. 20212017-2 Exchange Note Defaults. Any of the following events or occurrences shall constitute the “Exchange Note Defaults” with respect to the 20212017-2 Exchange Note: (a) the events set forth in Section 6.3(a) of the Credit and Security Agreement, or (b) the acceleration of the Notes under the Indenture following the occurrence of an Event of Default set forth in Section 5.1 thereof; provided, that, with respect to Section 6.3(a)(ii) of the Credit and Security Agreement, the reference to a “.
Appears in 2 contracts
Samples: Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease (GM Financial Automobile Leasing Trust 2017-2), Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease (GMF Leasing LLC)
Exchange Note Defaults and Remedies. SECTION 4.1. 20212019-2 Exchange Note Defaults. Any of the following events or occurrences shall constitute the “Exchange Note Defaults” with respect to the 20212019-2 Exchange Note: (a) the events set forth in Section 6.3(a) of the Credit and Security Agreement, or (b) the acceleration of the Notes under the Indenture following the occurrence of an Event of Default set forth in Section 5.1 thereof; provided, that, with respect to Section 6.3(a)(ii) of the Credit and Security Agreement, the reference to a “
Appears in 2 contracts
Samples: Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number (GMF Leasing LLC), GMF Leasing LLC
Exchange Note Defaults and Remedies. SECTION 4.1. 2021-2 3 Exchange Note Defaults. Any of the following events or occurrences shall constitute the “Exchange Note Defaults” with respect to the 2021-2 3 Exchange Note: (a) the events set forth in Section 6.3(a) of the Credit and Security Agreement, or (b) the acceleration of the Notes under the Indenture following the occurrence of an Event of Default set forth in Section 5.1 thereof; provided, that, with respect to Section 6.3(a)(ii) of the Credit and Security Agreement, the reference to a “
Appears in 2 contracts
Samples: Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease Number Lease (GM Financial Automobile Leasing Trust 2021-3), GM Financial Automobile Leasing Trust 2021-3
