Common use of Leased Vehicle Clause in Contracts

Leased Vehicle. The related 2023-A Vehicle is a Mercedes-Benz passenger car or sport utility vehicle that was new or had been used in the Courtesy Vehicle Program at the time of the origination of the related 2023-A Lease and is not powered by a diesel engine.

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2023-A), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2023-A)

AutoNDA by SimpleDocs

Leased Vehicle. The related 20232021-A Vehicle is a Mercedes-Benz passenger car or sport utility vehicle that was new or had been used in the Courtesy Vehicle Program at the time of the origination of the related 20232021-A Lease and is not powered by a diesel engine.

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)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.