SEC Contract Filing

Filing Date: 2023-01-24

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>5
<FILENAME>tm232894d13_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit&nbsp;10.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: right"><B>EXECUTION VERSION</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">EXCHANGE NOTE PURCHASE AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">between</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">FORD MOTOR CREDIT COMPANY LLC,<BR>
as Sponsor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">FORD
CREDIT AUTO LEASE TWO LLC,<BR>
acting for its series of<BR>
limited liability company interests designated as<BR>
the &quot;2023-A Series&quot;, as </FONT>Depositor</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Dated
as of </FONT>January&nbsp;1, 2023</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">TABLE OF CONTENTS</P>

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<TR STYLE="vertical-align: top">
 <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">ARTICLE&nbsp;I USAGE AND DEFINITIONS</FONT></TD>
 <TD STYLE="text-align: right; width: 5%">1</TD></TR>
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 <TD STYLE="padding-left: 0.5in; width: 15%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;1.1.</FONT></TD>
 <TD><FONT STYLE="font-size: 10pt">Usage and Definitions&#9;</FONT></TD>
 <TD STYLE="text-align: right; width: 10%"><FONT STYLE="font-size: 10pt">1</FONT></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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 <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">ARTICLE&nbsp;II SALE AND PURCHASE OF PURCHASED PROPERTY</FONT></TD>
 <TD STYLE="text-align: right; width: 5%">2</TD></TR>
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<TR STYLE="vertical-align: top">
 <TD STYLE="padding-left: 0.5in; width: 15%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.1.</FONT></TD>
 <TD><FONT STYLE="font-size: 10pt">Sale of Purchased Property&#9;</FONT></TD>
 <TD STYLE="text-align: right; width: 10%"><FONT STYLE="font-size: 10pt">2</FONT></TD></TR>
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 <TD STYLE="padding-left: 0.5in; width: 15%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.2.</FONT></TD>
 <TD><FONT STYLE="font-size: 10pt">Payment of Purchase Price; Delivery of Exchange Note&#9;</FONT></TD>
 <TD STYLE="text-align: right; width: 10%"><FONT STYLE="font-size: 10pt">2</FONT></TD></TR>
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 <TD STYLE="padding-left: 0.5in; width: 15%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.3.</FONT></TD>
 <TD><FONT STYLE="f