Common use of Benchmark Replacement; Benchmark Replacement Conforming Changes Clause in Contracts

Benchmark Replacement; Benchmark Replacement Conforming Changes. Upon the determination by the Servicer of a Benchmark Replacement and/or the making of any Benchmark Replacement Conforming Changes, the Servicer will include in the Servicer’s Certificate any information regarding the Unadjusted Benchmark Replacement, the Benchmark Replacement Adjustment, any such Benchmark Replacement Conforming Changes and the Interest Period in which such Benchmark Replacement will be implemented.

Appears in 11 contracts

Samples: Sale and Servicing (Afs Sensub Corp.), Sale and Servicing (AmeriCredit Automobile Receivables Trust 2020-2), Sale and Servicing (AmeriCredit Automobile Receivables Trust 2020-2)

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Benchmark Replacement; Benchmark Replacement Conforming Changes. Upon receipt of notice from the Trust of the determination by the Servicer of a Benchmark Replacement and/or the making of any Benchmark Replacement Conforming Changes, the Servicer will include in the Servicer’s Certificate any information regarding the Unadjusted Benchmark Replacement, the Benchmark Replacement Adjustment, Adjustment and any such Benchmark Replacement Conforming Changes and provided by the Interest Period in which such Benchmark Replacement will be implementedTrust.

Appears in 8 contracts

Samples: Sale and Servicing Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC)

Benchmark Replacement; Benchmark Replacement Conforming Changes. Upon receipt of notice from the Administrator of the determination by the Servicer of a Benchmark Replacement and/or the making of any Benchmark Replacement Conforming Changes, the Servicer will shall include in the Servicer’s Certificate any information regarding the Unadjusted Benchmark Replacement, the Benchmark Replacement Adjustment, Date and any such Benchmark Replacement Conforming Changes and provided by the Interest Period in which such Benchmark Replacement will be implementedAdministrator.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Sale and Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Sale and Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Benchmark Replacement; Benchmark Replacement Conforming Changes. Upon receipt of notice from the Administrator of the determination by the Servicer of a Benchmark Replacement and/or the making of any Benchmark Replacement Conforming Changes, the Servicer will shall include in the Servicer’s Certificate any information regarding the Unadjusted Benchmark Replacement, the Benchmark Replacement Adjustment, Adjustment and any such Benchmark Replacement Conforming Changes and provided by the Interest Period in which such Benchmark Replacement will be implementedAdministrator.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Sale and Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Benchmark Replacement; Benchmark Replacement Conforming Changes. Upon receipt of notice from the Issuer of the determination by the Servicer of a Benchmark Replacement and/or the making of any Benchmark Replacement Conforming Changes, the Servicer will shall include in the Servicer’s Servicer Certificate any information regarding the Unadjusted Benchmark Replacement, the Benchmark Replacement Adjustment, Adjustment and any such Benchmark Replacement Conforming Changes and provided by the Interest Period in which such Benchmark Replacement will be implementedIssuer.

Appears in 2 contracts

Samples: Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

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Benchmark Replacement; Benchmark Replacement Conforming Changes. Upon receipt of notice from the Administrator of the determination by the Servicer of a Benchmark Replacement and/or the making of any Benchmark Replacement Conforming Changes, the Servicer will shall include in the Servicer’s Servicer Certificate any information regarding the Unadjusted Benchmark Replacement, the Benchmark Replacement Adjustment, Adjustment and any such Benchmark Replacement Conforming Changes and provided by the Interest Period in which such Benchmark Replacement will be implementedAdministrator.]

Appears in 1 contract

Samples: Servicing Agreement (Vw Credit Leasing LTD)

Benchmark Replacement; Benchmark Replacement Conforming Changes. Upon receipt of notice from the Issuer of the determination by the Servicer of a Benchmark Replacement and/or the making of any Benchmark Replacement Conforming Changes, the Servicer will shall include in the Servicer’s Servicer Certificate any information regarding the Unadjusted Benchmark Replacement, the Benchmark Replacement Adjustment, Adjustment and any such Benchmark Replacement Conforming Changes and provided by the Interest Period in which such Benchmark Replacement will be implementedIssuer.]

Appears in 1 contract

Samples: Servicing Agreement (Vw Credit Leasing LTD)

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