Lease Administration Amounts. As additional compensation for performing its obligations under the Servicing Agreement and this Supplement and as reimbursement for costs and expenses incurred in performing its obligations, the Servicer will be entitled to retain for its own account Lease Administration Amounts (or to withdraw and retain Lease Administration Amounts that nevertheless have been deposited in the Exchange Note Collection Account). Lease Administration Amounts are the property of the Servicer.
Appears in 43 contracts
Sources: Servicing Supplement (CAB East LLC), Servicing Supplement (CAB East LLC), Servicing Supplement (Ford Credit Auto Lease Trust 2026-B)
Lease Administration Amounts. As additional compensation for performing its obligations under the Servicing Agreement and this Supplement and as reimbursement for costs and expenses incurred in performing its obligations, the Servicer will be entitled to retain for its own account Lease Administration Amounts (or to withdraw and retain Lease Administration Administrative Amounts that nevertheless have been deposited in the Exchange Note Collection Account). Lease Administration Amounts are the property of the Servicer.
Appears in 2 contracts
Sources: Servicing Agreement (CAB East LLC), Servicing Agreement (CAB East LLC)