Examples of DCFS USA in a sentence
DCFS USA will not resign as Servicer under this Agreement except upon determination that the performance of its duties under this Agreement is no longer permissible under law.
Such financial statements present fairly, in all material respects, the financial position and results of operations of TRW Automotive Inc.
The Receivables will be serviced for the Issuing Entity by DCFS USA LLC, a Delaware limited liability company (the “Servicer” or “DCFS”).
The name and address of the Member is as follows: DCFS USA LLC 00000 Xxxxxxxxx Xxxxx XXX 0X Xxxxxxxxxx Xxxxx, XX 00000 Attention: Xxxxxx X.
Prior to the effectiveness of such resignation, DCFS USA will deliver to the Depositor and the Trustees (i) notice of any such determination permitting the resignation of DCFS USA as Servicer and (ii) an Opinion of Counsel to such effect.
The Board will make decisions with respect to the activities and operations of the Company independent of and not dictated by the Member, DCFS USA or any Affiliate of the Member or DCFS USA (without limiting any rights exercised by the Member in such capacity under this Agreement or under the Act).
DCFS USA LLC, as Agent Re: Assignment under the Credit Agreement referred to below Gentlemen and Ladies: Please refer to Section 13.9.1 of the Third Amended and Restated Credit Agreement dated as of October 30, 2008 (as amended, amended and restated or otherwise modified from time to time, the “Credit Agreement”) among Penske Automotive Group, Inc.
Capitalized terms used in this Agreement that are not otherwise defined shall have the meanings ascribed thereto in Appendix A to the Sale and Servicing Agreement, dated as of October 1, 2009, among the Issuer, the Depositor and DCFS USA LLC, which Appendix is hereby incorporated into and made a part of this Agreement.
This Agreement and each other Basic Document to which it is a party constitutes a legal, valid and binding obligation of DCFS USA, enforceable against DCFS USA in accordance with its terms, except as such enforceability may be limited by insolvency, bankruptcy, reorganization, or other laws relating to or affecting the enforcement of creditors’ rights and by general equitable principles.
The parties have agreed to admit DCFS USA LLC (“DCFS USA”) as a Lender with a Revolving Loan Commitment of $75,000,000.00.