Default Interest; Other Amounts. Section 2(e) of this Agreement is hereby amended by adding the following at the end of the first sentence thereof: ; provided, however, that this Section 2(e) shall not apply to either Party A or Party B if its failure to pay is caused solely by such party becoming required to deduct or withhold on account of any Tax as set out in Section 2(d)(i); provided, further, that this Section 2(e) shall not apply to Party B if its failure to pay is caused by a shortfall of funds in the Collection Account as applied in accordance with Section [____] of the Sale and Servicing Agreement.
Appears in 10 contracts
Samples: Master Agreement (BMW Fs Securities LLC), Master Agreement (Financial Services Vehicle Trust), Master Agreement (Toyota Auto Finance Receivables LLC)