Common use of Security Deposits Clause in Contracts

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]-[ ] Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 6 contracts

Samples: Closed End Servicing Agreement (World Omni LT), Closed End Servicing Agreement (World Omni LT), Closed End Servicing Agreement (World Omni LT)

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Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2017-[ ] A Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 2 contracts

Samples: End Servicing Agreement (World Omni LT), End Servicing Agreement (World Omni LT)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2018-[ ] A Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 2 contracts

Samples: Servicing Agreement (World Omni LT), Servicing Agreement (World Omni LT)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2024-[ ] A Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 2 contracts

Samples: End Servicing Agreement (World Omni LT), End Servicing Agreement (World Omni LT)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2020-[ ] A Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 2 contracts

Samples: End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2020-A), End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2020-A)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2021-[ ] A Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 2 contracts

Samples: Closed End Servicing Agreement (World Omni Auto Leasing LLC), Closed End Servicing Agreement (World Omni LT)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2019-[ ] B Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 2 contracts

Samples: Servicing Agreement (World Omni Automobile Lease Securitization Trust 2019-B), Servicing Agreement (World Omni Automobile Lease Securitization Trust 2019-B)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2023-[ ] A Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 2 contracts

Samples: End Servicing Agreement (World Omni LT), End Servicing Agreement (World Omni LT)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2020-[ ] B Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 2 contracts

Samples: End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2020-B), End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2020-B)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2016-[ ] A Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 2 contracts

Samples: Closed End Servicing Agreement (World Omni LT), Closed End Servicing Agreement (World Omni LT)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2019-[ ] A Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 2 contracts

Samples: End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2019-A), End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2019-A)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2018-[ ] B Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 2 contracts

Samples: End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2018-B), End Servicing Agreement (World Omni Automobile Lease Securitization Trust 2018-B)

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Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2022-[ ] A Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 2 contracts

Samples: Collateral Agency Agreement (World Omni LT), Collateral Agency Agreement (World Omni LT)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2009-[ ] A Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 1 contract

Samples: Servicing Agreement (World Omni Automobile Lease Securitization Trust 2009-A)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2011-[ ] A Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 1 contract

Samples: Servicing Agreement (World Omni Automobile Lease Securitization Trust 2011-A)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2013-[ ] A Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 1 contract

Samples: Servicing Agreement (World Omni LT)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2015-[ ] A Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 1 contract

Samples: Closed End Servicing Agreement (World Omni LT)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2014-[ ] A Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 1 contract

Samples: Closed End Servicing Agreement (World Omni LT)

Security Deposits. In accordance with Section 5.1(d) of the Closed-End Servicing Agreement, on the Closed-End Exchange Note Payment Date related to the Closed-End EN Collection Period in which a Security Deposit becomes a Closed-End Exchange Note Collection with respect to the 20[ ]2012-[ ] A Reference Pool, the Servicer shall deposit such amounts (including, as applicable, any Required Deposit Amount) in the Exchange Note Collection Account.

Appears in 1 contract

Samples: Servicing Agreement (World Omni Automobile Lease Securitization Trust 2012-A)

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