Common use of Perfection Representations, Warranties and Covenants Clause in Contracts

Perfection Representations, Warranties and Covenants. The Seller hereby makes the perfection representations, warranties and covenants set forth on Schedule III hereto to the Depositor, and the Depositor shall be deemed to have relied on such representations, warranties and covenants in acquiring the Receivables.

Appears in 32 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 2024-A)

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Perfection Representations, Warranties and Covenants. The Seller hereby makes the perfection representations, warranties and covenants set forth on Schedule III hereto to the Depositor, Depositor and the Depositor shall be deemed to have relied on such representations, warranties and covenants in acquiring the Receivables.

Appears in 13 contracts

Samples: Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Fs Securities LLC)

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