Limited Recourse. The Seller and the Purchaser agree that any claim that the Seller or the Purchaser may seek to enforce against each other is limited to the First-Tier Assets only and does not represent a claim against the assets of the Seller or the Purchaser as a whole or any assets other than the First-Tier Assets.
Appears in 36 contracts
Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2023-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2023-A)
Limited Recourse. The Seller and the Purchaser agree that any claim that the Seller or the Purchaser may seek to enforce against each other is limited to the FirstSecond-Tier Assets only and does not represent a claim against the assets of the Seller or the Purchaser as a whole or any assets other than the FirstSecond-Tier Assets.
Appears in 36 contracts
Samples: Sale Agreement (Mercedes-Benz Auto Lease Trust 2024-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2023-A), Sale Agreement (Mercedes-Benz Auto Lease Trust 2023-A)
Limited Recourse. The Seller and the Purchaser agree that any claim that the Seller or the Purchaser may seek to enforce against each other is limited to the First-Tier 14 Assets only and does not represent a claim against the assets of the Seller or the Purchaser as a whole or any assets other than the First-Tier Assets. Section 6.14.
Appears in 1 contract
Samples: First Tier Sale Agreement
