Definition of 2018-3 Exchange Note


2018-3 Exchange Note means the note, substantially in the form set forth in Exhibit A to the 2018-3 Exchange Note Supplement, executed and authenticated in accordance with the Credit and Security Agreement and under the 2018-3 Exchange Note Supplement.

Examples of 2018-3 Exchange Note in a sentence

Capitalized terms used in this Agreement that are not otherwise defined herein shall have the meanings assigned to them in Appendix 1 to the 2018-3 Exchange Note Supplement or, if not defined therein, in Appendix A to the Credit and Security Agreement.
All reasonable costs and expenses incurred in connection with transferring the servicing of the 2018-3 Exchange Note Assets to the successor Servicer and amending this agreement to reflect such succession as Servicer pursuant to this Section shall be paid by the predecessor Servicer upon presentation of reasonable documentation of such costs and expenses.
This Agreement shall inure to the benefit of and be binding upon the parties hereto and each 2018-3 Exchange Noteholder or pledgee of the 2018-3 Exchange Note and each Noteholder who shall be considered third-party beneficiaries hereof.
If the Servicer does not cure such circumstance or condition by such date, then the Servicer shall cause the reallocation of the affected 2018-3 Lease Agreement and the related 2018-3 Leased Vehicle to the Lending Facility Pool by depositing to the 2018-3 Exchange Note Collections Account on the Deposit Date relating to the next succeeding Payment Date an amount equal to the Repurchase Payment with respect to such 2018-3 Lease Agreement and the related 2018-3 Leased Vehicle.
Capitalized terms used in this 2018-3 Servicing Supplement that are not otherwise defined herein shall have the meanings assigned to them in Appendix 1 to the 2018-3 Exchange Note Supplement or, if not defined therein, in Appendix A to the Credit and Security Agreement.