Common use of No Repossession Clause in Contracts

No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. Schedule I-4 Schedule I to the Purchase Agreement (USAA 2010-1) SCHEDULE II PERFECTION REPRESENTATIONS, WARRANTIES AND COVENANTS 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:

Appears in 2 contracts

Samples: Purchase Agreement (USAA Auto Owner Trust 2010-1), Purchase Agreement (USAA Auto Owner Trust 2010-1)

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No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. Schedule I-4 Schedule I to the Purchase Agreement (USAA 2010VALET 2013-12) SCHEDULE II PERFECTION REPRESENTATIONS, WARRANTIES AND COVENANTS In addition to the representations, warranties and covenants contained in the Purchase Agreement, the Bank VCI hereby represents, warrants and covenants to the Purchaser as follows on the Closing Date:

Appears in 2 contracts

Samples: Purchase Agreement (Volkswagen Auto Loan Enhanced Trust 2013-2), Purchase Agreement (Volkswagen Auto Loan Enhanced Trust 2013-2)

No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. 708317988 14443670 Schedule I-4 Schedule I to the Purchase Agreement (USAA 20102014-1) SCHEDULE II PERFECTION REPRESENTATIONS, WARRANTIES AND COVENANTS 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:

Appears in 2 contracts

Samples: Purchase Agreement (USAA Auto Owner Trust 2014-1), Purchase Agreement (Usaa Acceptance LLC)

No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. Schedule I-4 Schedule I to the Purchase Agreement (USAA 2010VALET 2014-1) SCHEDULE II PERFECTION REPRESENTATIONS, WARRANTIES AND COVENANTS In addition to the representations, warranties and covenants contained in the Purchase Agreement, the Bank VCI hereby represents, warrants and covenants to the Purchaser as follows on the Closing Date:

Appears in 2 contracts

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

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No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. Schedule I-4 Schedule I to the Purchase Agreement (USAA 20102009-12) SCHEDULE II PERFECTION REPRESENTATIONS, WARRANTIES AND COVENANTS 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:

Appears in 1 contract

Samples: Purchase Agreement (USAA Auto Owner Trust 2009-2)

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