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VW Bank definition

VW Bank means Volkswagen Bank GmbH.
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VW Bank means Volkswagen Bank USA, a Utah industrial loan company, and its successors and assigns.
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Examples of VW Bank in a sentence

  • VW Bank is registered in the commercial register (Handelsregister) of the local court (Amtsgericht) of Braunschweig, Germany, under HRB 1819.

  • In this regard, VW Bank Spanish Branch, in its capacity as Originator, shall be the designated reporting entity pursuant to Article 7 of the Securitisation Regulation.

  • In accordance with the registry of the Bank of Spain, the Spanish Branch of VW Bank (registered with code 1480 in the Bank of Spain) is authorised to take deposits, provide financing, payment services and other methods of payments and grant guarantees and subscribe commitments.

  • Although the Spanish Branch is authorised to take deposits, it is hereby noted that no Borrower maintains deposits on accounts with VW Bank as of the date of this Prospectus.

  • VW Bank will retain a material net economic interest in this securitisation in accordance with the terms described in this Prospectus.

  • VW Bank will be responsible for compliance with Articles 6, 7 and 9 of the Securitisation Regulation.

  • Pursuant to section 1(1) of the German Banking Act (Kreditwesengesetz), VW Bank is a credit institution.

  • As a matter of German law a branch does not have separate legal personality and, therefore, VW Bank is acting in its various capacities under the Transaction Documents and as such VW Bank is responsible for the compliance of the Spanish Branch.

  • There is no guarantee that a successor Servicer provides the servicing at the same level as VW Bank.

  • Additionally, VW Bank intends to notify ESMA that the Transaction will meet the requirements for simple, transparent and standardised securitisation as set out in Articles 19 to 22 of the Securitisation Regulation.

Related to VW Bank

  • New Bank as defined in subsection 2.20(b).

  • SBI / Bank means State Bank of India (client) a body Corporate created under SBI Act 1955, having one of its Circle Office at State Bank of India, III/1 Pandit Jawaharlal Nehru Marg, Bhubaneswar- 01 and includes the client’s representatives, successors and assigns.

  • Bank of America Fee Letter means the letter agreement, dated as of August 10, 2012, between the Borrower and the Syndication Agent, as amended, modified, supplemented or restated and in effect from time to time.

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • Bank of America means Bank of America, N.A. and its successors.

  • Existing bank means a bank or national banking association that is a party to a consolidation agreement and is engaged in the business of banking before the consolidation or merger provided for in the consolidation agreement.

  • Bank is defined in the preamble hereof.

  • UK Non-Bank Lender means a Lender which gives a Tax Confirmation in the Assignment Agreement or Transfer Certificate which it executes on becoming a Party.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Custodian bank means as defined in section 515.35.

  • KeyBank means KeyBank National Association.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.

  • Original Lender shall have the meaning assigned to such term in the recitals.

  • Eye bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of human eyes or portions of human eyes.

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • Eligible Financial Institution means, as of the date of any assignment as contemplated in Section 8.07(a)(i), a commercial bank or financial institution (i) with a credit rating on its long-term senior unsecured debt of either (a) “AA-” or better from S&P or (b) “Aa3” or better from Xxxxx’x; and (ii) having shareholders' equity of not less than $5,000,000,000.

  • GS Bank shall have the meaning assigned to such term in the preamble to this Agreement.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • Wachovia means Wachovia Bank, National Association, a national banking association, and its successors.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • Collecting bank means a bank handling the item for collection except the payor bank.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • authorised bank means a bank or a branch of a bank authorised by the Central Government to collect the tax or any other amount payable under this Act;

Most Referenced Clauses

Most Referenced Definitions