Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 to be deposited into the Reserve Account.
Appears in 2 contracts
Samples: Exchange Note Transfer Agreement (World Omni LT), Exchange Note Transfer Agreement (World Omni LT)
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 4,681,688.84 to be deposited into the Reserve Account.
Appears in 2 contracts
Samples: Exchange Note Transfer Agreement (World Omni LT), Exchange Note Transfer Agreement (World Omni LT)
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 9,439,243.47 to be deposited into the Reserve Account.
Appears in 2 contracts
Samples: Exchange Note Transfer Agreement (World Omni Automobile Lease Securitization Trust 2020-B), Exchange Note Transfer Agreement (World Omni Automobile Lease Securitization Trust 2020-B)
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 4,650,703.68 to be deposited into the Reserve Account.
Appears in 2 contracts
Samples: Exchange Note Transfer Agreement (World Omni Automobile Lease Securitization Trust 2019-B), Exchange Note Transfer Agreement (World Omni Automobile Lease Securitization Trust 2019-B)
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 4,955,888.08 to be deposited into the Reserve Account.
Appears in 2 contracts
Samples: Exchange Note Transfer Agreement (World Omni LT), Exchange Note Transfer Agreement (World Omni LT)
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 4,677,186.68 to be deposited into the Reserve Account.
Appears in 2 contracts
Samples: Exchange Note Transfer Agreement (World Omni LT), Exchange Note Transfer Agreement (World Omni LT)
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 4,682,802.35 to be deposited into the Reserve Account.
Appears in 2 contracts
Samples: Exchange Note Transfer Agreement (World Omni Automobile Lease Securitization Trust 2018-B), Exchange Note Transfer Agreement (World Omni Automobile Lease Securitization Trust 2018-B)
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 4,483,165.25 to be deposited into the Reserve Account.
Appears in 2 contracts
Samples: Exchange Note Transfer Agreement, Exchange Note Transfer Agreement (World Omni LT)
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 4,822,279.69 to be deposited into the Reserve Account.
Appears in 2 contracts
Samples: Exchange Note Transfer Agreement (World Omni LT), Exchange Note Transfer Agreement (World Omni LT)
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 4,799,814.06 to be deposited into the Reserve Account.
Appears in 2 contracts
Samples: Exchange Note Transfer Agreement (World Omni Auto Leasing LLC), Exchange Note Transfer Agreement (World Omni LT)
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 4,024,058.20 to be deposited into the Reserve Account.
Appears in 2 contracts
Samples: Exchange Note Transfer Agreement (World Omni LT), Exchange Note Transfer Agreement (World Omni LT)
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 4,814,544.87 to be deposited into the Reserve Account.
Appears in 2 contracts
Samples: Exchange Note Transfer Agreement (World Omni Automobile Lease Securitization Trust 2020-A), Exchange Note Transfer Agreement (World Omni Automobile Lease Securitization Trust 2020-A)
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 4,750,027.01 to be deposited into the Reserve Account.
Appears in 2 contracts
Samples: Exchange Note Transfer Agreement (World Omni Automobile Lease Securitization Trust 2019-A), Exchange Note Transfer Agreement (World Omni Automobile Lease Securitization Trust 2019-A)
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 8,099,308.01 to be deposited into the Reserve Account.
Appears in 1 contract
Samples: Exchange Note Transfer Agreement (World Omni Automobile Lease Securitization Trust 2011-A)
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 4,185,133.98 to be deposited into the Reserve Account.
Appears in 1 contract
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 3,806,592.58 to be deposited into the Reserve Account.
Appears in 1 contract
Samples: Exchange Note Transfer Agreement (World Omni Automobile Lease Securitization Trust 2012-A)
Consideration and Payment. In consideration of the transfer of the Exchange Note to the Buyer on the Closing Date, the Buyer shall transfer to the Depositor on the Closing Date the Notes and the Certificate (as such terms are defined in Appendix A to the Indenture). On the Closing Date, the Depositor will cause an amount equal to $5,680,643.80 3,920,189.55 to be deposited into the Reserve Account.
Appears in 1 contract
