Examples of 2013-B Vehicle in a sentence
The obligations of the Seller under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 2013-B Exchange Note or any 2013-B Lease or 2013-B Vehicle allocated to the 2013-B Reference Pool.
The 2013-B Vehicle was titled in a State in accordance with the Titling Trust Agreement and in a manner acceptable to the related Registrar of Titles, and the Collateral Agent is noted as lienholder of the 2013-B Vehicle (other than in Kansas, Missouri, Nebraska or South Dakota) and such lien is a perfected first priority security interest.
The related 2013-B Vehicle is a Mercedes-Benz passenger car, sport utility vehicle or crossover or a smart automobile that was new at the time of the origination of the related 2013-B Lease.
The 2013-B Lease and the related 2013-B Vehicle allocated to the 2013-B Reference Pool has not been allocated to any Reference Pool other than the 2013-B Reference Pool.
The 2013-B Lease is payable solely in Dollars in the United States and is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made when due, fully amortize to an amount equal to the Booked Residual Value of the related 2013-B Vehicle based upon the related Contract Rate.
As of the time of origination of the 2013-B Lease, the related lease agreement required the related Lessee to obtain physical damage insurance covering the related 2013-B Vehicle.
The related 2013-B Vehicle has a model year between 2010 and 2014, inclusive.
Neither the 2013-B Lease nor the 2013-B Vehicle has been sold, transferred, assigned, pledged or granted by any Dealer to any Person other than the Titling Trust.
The Titling Trust has good and marketable title to such 2013-B Lease and 2013-B Vehicle, free and clear of any Liens (other than Permitted Liens), participations and rights of others, including, to the knowledge of the Servicer, Liens (other than Permitted Liens) or claims for work, labor or material relating to such 2013-B Vehicle.