Common use of Compliance with the FDIC Rule Clause in Contracts

Compliance with the FDIC Rule. The Seller agrees to (i) perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) facilitate compliance with Article XII of the Indenture by the Ally Parties.

Appears in 74 contracts

Samples: Pooling Agreement (Ally Auto Receivables Trust 2024-1), Pooling Agreement (Ally Auto Receivables Trust 2024-1), Pooling Agreement (Ally Auto Receivables Trust 2023-1)

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Compliance with the FDIC Rule. The Seller agrees to shall (i) perform the covenants set forth in Article XII of the Indenture applicable to it (including as “servicer” and “issuing entity”, each as defined in Section 12.01(c) of the Indenture) and (ii) facilitate compliance with Article XII of the Indenture by the Ally FDIC Rule Parties.

Appears in 19 contracts

Samples: Receivables Purchase Agreement (BMW Vehicle Owner Trust 2024-A), Receivables Purchase Agreement (BMW Vehicle Owner Trust 2024-A), Receivables Purchase Agreement (BMW Vehicle Owner Trust 2023-A)

Compliance with the FDIC Rule. The Seller agrees to (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Ally Capital One Parties.

Appears in 18 contracts

Samples: Sale Agreement (Capital One Prime Auto Receivables Trust 2023-2), Sale Agreement (Capital One Prime Auto Receivables Trust 2023-2), Sale Agreement (Capital One Prime Auto Receivables Trust 2023-1)

Compliance with the FDIC Rule. The Seller agrees to (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Ally Fifth Third Parties.

Appears in 15 contracts

Samples: Sale Agreement (Fifth Third Auto Trust 2023-1), Sale Agreement (Fifth Third Auto Trust 2023-1), Sale Agreement (Fifth Third Holdings Funding, LLC)

Compliance with the FDIC Rule. The Seller agrees to (i) perform the covenants set forth in Article XII of the AART Indenture applicable to it and (ii) facilitate compliance with Article XII of the AART Indenture by the Ally Parties.

Appears in 11 contracts

Samples: Sale and Contribution Agreement (Ally Auto Assets LLC), Sale and Contribution Agreement (Ally Auto Assets LLC), Sale and Contribution Agreement (Ally Auto Assets LLC)

Compliance with the FDIC Rule. The Seller agrees to (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Ally Huntington Parties.

Appears in 7 contracts

Samples: Sale Agreement, Sale Agreement (Huntington Auto Trust 2016-1), Sale Agreement (Huntington Auto Trust 2016-1)

Compliance with the FDIC Rule. The Seller agrees to (i) perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) facilitate compliance with Article XII of the Indenture by the Ally Parties.]

Appears in 4 contracts

Samples: Pooling Agreement (Ally Auto Assets LLC), Pooling Agreement (Ally Auto Assets LLC), Pooling Agreement (Ally Auto Assets LLC)

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Compliance with the FDIC Rule. The Seller agrees to (i) perform abide by the covenants and other agreements set forth in Article XII of the Indenture applicable to it and (ii) facilitate compliance with Article XII of the Indenture by the Ally Parties.

Appears in 2 contracts

Samples: Pooling Agreement (Ally Auto Receivables Trust 2011-1), Pooling Agreement (Ally Auto Receivables Trust 2011-1)

Compliance with the FDIC Rule. The Seller agrees to shall (i) perform the covenants set forth in Article XII of the Indenture applicable to it (including as "servicer" and "issuing entity", each as defined in Section 12.01(c) of the Indenture) and (ii) facilitate compliance with Article XII of the Indenture by the Ally FDIC Rule Parties.

Appears in 1 contract

Samples: Receivables Purchase Agreement (BMW Fs Securities LLC)

Compliance with the FDIC Rule. The Seller agrees to (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Ally Fifth Third Parties.]

Appears in 1 contract

Samples: Sale Agreement (Fifth Third Holdings Funding, LLC)

Compliance with the FDIC Rule. The Seller agrees to (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Ally Parties.BANA Parties.‌

Appears in 1 contract

Samples: Form of Sale Agreement

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