Common use of Servicer Events of Default Clause in Contracts

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] Exchange Note or to this 201[__]-[__] Servicing Supplement:

Appears in 4 contracts

Samples: Collateral Agency Agreement (Daimler Trust), Collateral Agency Agreement (Daimler Trust), Collateral Agency Agreement (Daimler Trust)

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Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2016-A Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2016-A Exchange Note or to this 201[__]-[__] 2016-A Servicing Supplement:

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2016-A), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2016-A)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2017-A Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2017-A Exchange Note or to this 201[__]-[__] 2017-A Servicing Supplement:

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2017-A), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2017-A)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2020-B Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2020-B Exchange Note or to this 201[__]-[__] 2020-B Servicing Supplement:

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2020-B), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2020-B)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2019-B Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2019-B Exchange Note or to this 201[__]-[__] 2019-B Servicing Supplement:

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2019-B), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2019-B)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2020-A Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2020-A Exchange Note or to this 201[__]-[__] 2020-A Servicing Supplement:

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2020-A), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2020-A)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2021-A Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2021-A Exchange Note or to this 201[__]-[__] 2021-A Servicing Supplement:

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)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2018-A Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2018-A Exchange Note or to this 201[__]-[__] 2018-A Servicing Supplement:

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2018-A), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2018-A)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2016-B Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2016-B Exchange Note or to this 201[__]-[__] 2016-B Servicing Supplement:

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2016-B), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2016-B)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2021-B Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2021-B Exchange Note or to this 201[__]-[__] 2021-B Servicing Supplement:

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2021-B), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2021-B)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2019-A Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2019-A Exchange Note or to this 201[__]-[__] 2019-A Servicing Supplement:

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2019-A), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2019-A)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2018-B Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2018-B Exchange Note or to this 201[__]-[__] 2018-B Servicing Supplement:

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2018-B), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2018-B)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2023-A Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2023-A Exchange Note or to this 201[__]-[__] 2023-A Servicing Supplement:

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)

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Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-20[__]-[__] Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-20[__]-[__] Exchange Note or to this 201[__]-20[__]-[__] Servicing Supplement:

Appears in 2 contracts

Samples: Collateral Agency Agreement (Daimler Trust), Titling Trust Agreement (Daimler Trust)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2012-A Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2012-A Exchange Note or to this 201[__]-[__] 2012-A Servicing Supplement:

Appears in 2 contracts

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2012-A), Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2012-A)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2015-A Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2015-A Exchange Note or to this 201[__]-[__] 2015-A Servicing Supplement:

Appears in 1 contract

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2015-A)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2013-A Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2013-A Exchange Note or to this 201[__]-[__] 2013-A Servicing Supplement:

Appears in 1 contract

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2013-A)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2013-B Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2013-B Exchange Note or to this 201[__]-[__] 2013-B Servicing Supplement:

Appears in 1 contract

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2013-B)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2015-B Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2015-B Exchange Note or to this 201[__]-[__] 2015-B Servicing Supplement:

Appears in 1 contract

Samples: Collateral Agency Agreement (Mercedes-Benz Auto Lease Trust 2015-B)

Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] 2014-A Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] 2014-A Exchange Note or to this 201[__]-[__] 2014-A Servicing Supplement:

Appears in 1 contract

Samples: Administration Agreement (Mercedes-Benz Auto Lease Trust 2014-A)

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