Examples of Minimum Required Rating in a sentence
If BMW Capital no longer has the Minimum Required Rating, the Servicer shall remit to the Collection Account all payments by or on behalf of the Obligors with respect to the Receivables (other than Purchased Receivables), all Liquidation Proceeds and any subsequent Recoveries within two Business Days of receipt thereof.
The Servicer shall remit to the Collection Account all payments by or on behalf of the Obligors with respect to the Receivables (other than Purchased Receivables), all Liquidation Proceeds and any subsequent Recoveries on the Business Day prior to the Payment Date for so long as BMW Capital has the Minimum Required Rating.
If BMW Capital has the Minimum Required Rating, the Servicer and the Seller shall deposit or cause to be deposited in the Collection Account the Purchase Amount as described in the first sentence of Section 5.02.
So long as BMW Capital has the Minimum Required Rating, the Servicer will deposit the Purchase Amount into an account established and maintained by BMW Capital, such deposit being made within two Business Days of the event giving rise to such Purchase Amounts.
So long as BMW Capital has the Minimum Required Rating, the Servicer will remit all such amounts described in the preceding sentence within two Business Days of receipt to an account established and maintained by BMW Capital.