No Repossession Sample Clauses

No Repossession. No Financed Vehicle has been repossessed without reinstatement as of the Cutoff Date.

No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. 708320802 14443670 I-4 Schedule I to the If to the Issuer: c/o Wells Fargo Delaware Trust Company, National Association ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: Corporate Trust Administration Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ with copies to the Administrator, USAA Federal Savings Bank and the Indenture Trustee If to the Owner Trustee: ▇▇▇▇▇ Fargo Delaware Trust Company, National Association ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Telecopier No.: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ If to the Indenture Trustee: U.S. Bank National Association ▇▇▇ ▇. ▇▇▇▇▇▇▇ Street, 7th Floor Chicago, Illinois 60603 Attention: USAA 2014-1 If to the Bank, the Servicer or the Administrator: USAA Federal Savings Bank ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ San Antonio, Texas 78288 Telecopier No.: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: ▇▇▇▇ Broker, Vice President If to the Seller: USAA Acceptance, LLC ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇. ▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇ Broker, Vice President Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ 708320802 14443670 II-1 Schedule II to the If to Moody’s: ▇▇▇▇▇’▇ Investors Service, Inc. 7 World Trade Center ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Telecopier No.: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: ABS Monitoring Group If to Standard & Poor’s: Standard & Poor’s Ratings Services ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Telecopier No.: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: Asset Backed Surveillance Group 708320802 14443670 II-2 Schedule II to the For value received, in accordance with the Sale and Servicing Agreement (the “Agreement”), dated as of February 28, 2014, between USAA Auto Owner Trust 2014-1, a Delaware statutory trust (the “Issuer”), USAA Acceptance, LLC, a Delaware limited liability company (the “Seller”), USAA Federal Savings Bank, a federally chartered savings association (the “Bank”), and U.S. Bank National Association, a national banking association, as indenture trustee, on the terms and subject to the conditions set forth in the Agreement, the Seller does hereby transfer, assign, set over, sell and otherwise convey to the Issuer without recourse (subject to the obligations in the Agreement) on the Closing Date, all of its right, title and interest in, to and under the Receivables set forth on the schedule of Receivables delivered by the Seller to the Issuer on the date hereof, the Collections after the Cut-Off Date, the Receivable Files...

No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed.

No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. In addition to the representations, warranties and covenants contained in the Purchase Agreement, VCI hereby represents, warrants, and covenants to the Purchaser as follows on the Closing Date:

No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. In addition to the representations, warranties and covenants contained in the Agreement, the Bank hereby represents, warrants and covenants to the Purchaser as follows on the Closing Date:

No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. Schedule I-4 Schedule I to the Purchase Agreement In addition to the representations, warranties and covenants contained in the Purchase Agreement, VCI hereby represents, warrants and covenants to the Purchaser as follows on the Closing Date:

No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. If to the Issuer: c/o U.S. Bank Trust National Association 1▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇ Wilmington, DE 19805 Attention: Structured Finance/VALET 2023-2 with a copy to U.S. Bank Trust National Association 1▇▇ ▇. ▇▇▇▇▇▇▇ Street, Seventh Floor Chicago, Illinois 60603 Attention: Structured Finance/VALET 2023-2 and with copies to the Administrator, VCI, and the Indenture Trustee If to the Owner Trustee: U.S. Bank Trust National Association 1▇▇ ▇. ▇▇▇▇▇▇▇ Street, Seventh Floor Chicago, Illinois 60603 Attention: Structured Finance/VALET 2023-2 If to the Indenture Trustee: Citibank, N.A., 3▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇. New York, New York 10013 Attention: Agency & Trust – VALET 2023-2 If to the Intermediary: Citibank, N.A. 3▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ New York, New York, 10013 Attention: Agency & Trust VALET 2023-2 If to the Purchaser: Volkswagen Auto Lease/Loan Underwritten Funding, LLC 1▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (telecopier no. (▇▇▇) ▇▇▇-▇▇▇▇) Attention: Treasurer If to the Servicer: VW Credit, Inc. 1▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (telecopier no. (▇▇▇) ▇▇▇-▇▇▇▇) Attention: Treasurer with a copy to VCI If to VCI: VW Credit, Inc. 1▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (telecopier no. (▇▇▇) ▇▇▇-▇▇▇▇) Attention: Treasurer with a copy to: VW Credit, Inc. 1▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (telecopier no. (▇▇▇) ▇▇▇-▇▇▇▇) Attention: General Counsel If to Moody’s: M▇▇▇▇’▇ Investors Service, Inc. 1▇▇ ▇▇▇▇▇▇▇▇ New York, New York 10005 If to Fitch: Fitch Ratings, Inc. 3▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Fax no.: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: Asset Backed Surveillance If to the Asset Representations Reviewer: Via electronic mail: A▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇ And to: C▇▇▇▇▇▇ Fixed Income Services LLC 7▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇ ▇▇▇ Glendale, Colorado 80246 Attention: VP, Surveillance Operations With a copy to: Covius Services, LLC 7▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇ ▇▇▇ Glendale, CO 80246 Attention: Legal Department Email: l▇▇▇▇@▇▇▇▇▇▇.▇▇▇ For value received, in accordance with the Sale and Servicing Agreement (the “Agreement”), dated as of November 21, 2023, between Volkswagen Auto Loan Enhanced Trust 2023-2, a Delaware statutory trust (the “Issuer”), Volkswagen Auto Lease/Loan Underwritten Funding, LLC, a Delaware limited liability company (the “Seller”), VW Credit, Inc., a Delaware corporation (“VCI”), and Citibank, N.A., a national banking...

No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. In addition to the representations, warranties and covenants contained in the Agreement, FTH LLC hereby represents, warrants, and covenants to the Purchaser as follows on the Closing Date:

No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. If to the Issuer: with copies to the Administrator, VW Credit, Inc., and the Indenture Trustee If to the Owner Trustee: with a copy to If to the Indenture Trustee: If to Purchaser: Volkswagen Auto Lease/Loan Underwritten Funding, LLC ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Drive Herndon, Virginia 20171 (telecopier no. (▇▇▇) ▇▇▇-▇▇▇▇) Attention: Treasurer If to the Servicer: VW Credit, Inc. ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Drive Herndon, Virginia 20171 (telecopier no. (▇▇▇) ▇▇▇-▇▇▇▇) Attention: Treasurer with a copy to VW Credit, Inc. If to VCI: VW Credit, Inc. ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Drive Herndon, Virginia 20171 (telecopier no. (▇▇▇) ▇▇▇-▇▇▇▇) Attention: Treasurer with a copy to VW Credit, Inc. If to VW Credit, Inc.: VW Credit, Inc. ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Drive Herndon, Virginia 20171 (telecopier no. (▇▇▇) ▇▇▇-▇▇▇▇) Attention: General Counsel For value received, in accordance with the Sale and Servicing Agreement (the “Agreement”), dated as of [ ], between Volkswagen Auto Loan Enhanced Trust 20[ ]-[ ], a Delaware statutory trust (the “Issuer”), Volkswagen Auto Lease/Loan Underwritten Funding, LLC, a Delaware limited liability company (the “Seller”), VW Credit, Inc., a Delaware corporation (“VCI”), and [ ], a national banking association (the “Indenture Trustee”), on the terms and subject to the conditions set forth in the Agreement, the Seller does hereby transfer, assign, set over, sell and otherwise convey to the Issuer on [ ], all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the Receivables set forth on the schedule of Receivables delivered by the Seller to the Issuer on the date hereof, the Collections after the Cut-Off Date, the Receivable Files and the Related Security relating thereto, together with all of Seller’s rights under the Purchase Agreement and all proceeds of the foregoing; which sale shall be effective as of the Cut-Off Date. The foregoing sale does not constitute and is not intended to result in any assumption by the Issuer of any obligation of the Originator to the Obligors, the Dealers or any other Person in connection with the Receivables, or the other assets and properties conveyed hereunder or any agreement, document or instrument related thereto. This assignment is made pursuant to and upon the representations, warranties and agreements on the part of the undersigned contained in the Agreement and is governed by the Agreement. Capit...