Hurricane Xxxxxxx. A Participant whose principal place of abode on August 28, 2005, was located in Louisiana, Mississippi, Alabama or Florida, and who sustained an economic loss by reason of Hurricane Xxxxxxx, may withdraw up to $100,000 from his Account prior to January 1, 2007.
Hurricane Xxxxxxx. As of its respective Cut-Off Date one of the Obligors has a billing address that is located in any zip code that the Federal Emergency Management Agency has designated as a disaster area because of Hurricane Xxxxxxx. Capital One Auto Finance Trust 2005-C c/o Wilmington Trust Company 0000 Xxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx North, Wilmington, Delaware 19890-0001 Facsimile: (000) 000-0000 Attention: Corporate Trust Department with copies to the Administrator and the Indenture Trustee Capital One Auto Finance, Inc. 0000 Xxxxxxx Xxx Xxxxx XxXxxx, Virginia 22102 Facsimile: (000) 000-0000 Attention: Manager of Securitization with a copies to: Capital One Auto Finance, Inc. 0000 Xxxxxxx Xxx Xxxxx XxXxxx, Virginia 22102 Facsimile: (000) 000-0000 Attention: Funding Counsel Capital One Auto Finance, Inc. 0000 X. Xxxxxx Xxxxxxx Xxxxx, Xxxxx 00000 Facsimile: (000) 000-0000 Attention: Chief Financial Officer Capital One Auto Finance, Inc. 0000 X. Xxxxxx Xxxxxxx Xxxxx, Xxxxx 00000 Facsimile: (000) 000-0000 Attention: Legal If to the Seller: Capital One Auto Receivables, LLC 000 X. Xxxxx Xxxxx Xxxx 0000-X Xxxx Xxxxx, Xxxxxxxx 00000 Facsimile: (000) 000-0000 Telephone: (000) 000-0000 Attention: Capital Markets with a copy to: Capital One Auto Finance, Inc. 0000 Xxxxxxx Xxx Xxxxx XxXxxx, Xxxxxxxx 00000 Facsimile No. (000) 000-0000 Attention: Funding Counsel If to the Indenture Trustee: JPMorgan Chase Bank, N.A. 0 Xxx Xxxx Xxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000-0000 Facsimile: (000) 000-0000 Attention: Worldwide Securities Services/Global Debt – Capital One Auto Finance Trust 2005-C If to the Owner Trustee: Wilmington Trust Company 0000 Xxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx North, Wilmington, Delaware 19890-0001 Facsimile: (000) 000-0000 Attention: Corporate Trust Department If to Moody’s: Xxxxx’x Investors Service, Inc. 00 Xxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Facsimile: (000) 000-0000 Attention: ABS Monitoring Group, 4th Floor If to S&P: Standard & Poor’s Ratings Services 00 Xxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Facsimile: (000) 000-0000 Attention: Asset Backed Surveillance Group If to Fitch: Fitch, Inc. Xxx Xxxxx Xxxxxx Xxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Facsimile: (000) 000-0000 Attention: Asset-Backed Securities Group If to the Note Insurer: Financial Guaranty Insurance Company 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Facsimile: (000) 000-0000 Attention: Structured Finance Surveillance Email: XXxxxxxxxxxxxx@xxxx.xxx If to the Initial Swap Counterparty: Bank of Am...
Hurricane Xxxxxxx. Operations at the Energy Centre in New Orleans were impacted as a result of Hurricane Xxxxxxx in August 2005 and the subsequent flooding to the city. The visible physical damage to this building consists primarily of damage to the curtainwall and window systems. A complete evaluation was performed and forwarded to Chubb Insurance (“Chubb”). The cost of full repair will not be known until the drawings are completed and the scope is competitively bid. The costs of full repair are expected to be significant; however, costs in excess of the deductible are expected to be covered by insurance. Chubb and IPC REIT have agreed to the repair/replacement scope for all window glasses and frames. IPC REIT has selected, and the carrier has approved, Faithful Xxxxx as the project management firm and Verges Rome as the architect for the entire repair scope. The repairs are estimated to take between 12 to 18 months after a contractor has been selected to perform the repair works. Construction is projected to begin in December, 2007. Temporary window repairs, the repairs to the main roof and assorted balcony roofs and the replacement of the balcony access doors have been completed. The replacement of the roof top louvers, the lobby granite and the guard desk are currently underway and are scheduled to be completed in September, 2007. IPC REIT has mitigated the business interruption costs by allowing tenants to re-occupy their leased premises as of November 1, 2005 at reduced rental rates of 90% of their contractual base rents. Rents will return to contracted amounts once the building is fully restored. IPC REIT is not aware of any issues related to its tenants that would be considered material. IPC REIT continues to negotiate with Chubb regarding the possibility that only the $2.7 million deductible applies against IPC REIT’s claim. IPC REIT awaits Chubb’s reply to its position. This would be a cost savings of approximately $330,000. IPC REIT’s insurance claim adjustment process is still ongoing due to the complexity of the issues involved. However, IPC REIT anticipates recovery of all material amounts related to the restoration and business interruption costs of Energy Centre in excess of its deductible noted above.
Hurricane Xxxxxxx. If a Qualified Individual’s Principal Place of Abode was in the Hurricane Xxxxxxx Disaster Area immediately before August 28, 2005, and the Qualified Individual evacuated because of Hurricane Xxxxxxx, then the Qualified Individual’s Principal Place of Abode will be considered to be in the Hurricane Xxxxxxx Disaster Area on August 28, 2005.
