Servicing. Each Receivable has been serviced in conformity with all Applicable Laws, rules and regulation and in conformity with the Seller’s policies and procedures which are consistent with customary, prudent industry standards.
Appears in 35 contracts
Samples: Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2024-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2024-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2023-2)
Servicing. Each Receivable has been serviced in conformity with all Applicable Lawsapplicable laws, rules and regulation and in conformity with the Seller’s 's policies and procedures which are consistent with customary, prudent industry standards.
Appears in 29 contracts
Samples: Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (First Merchants Acceptance Corp), Receivables Purchase Agreement (Hyundai Abs Funding Corp)
Servicing. Each Receivable has been serviced in conformity with all Applicable Lawsapplicable laws, rules and regulation and in conformity with the Seller’s policies and procedures which are consistent with customary, prudent industry standards.
Appears in 18 contracts
Samples: Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Fs Securities LLC)
Servicing. Each Receivable has been serviced in conformity with all Applicable Lawsapplicable laws, rules and regulation regulations and in conformity with the Seller’s policies and procedures which are consistent with customary, customary prudent industry standards.
Appears in 6 contracts
Samples: Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Vehicle Owner Trust 2019-A)
Servicing. Each Receivable has been serviced in conformity with all Applicable Laws, rules and regulation Laws and in conformity with the Seller’s policies and procedures which are consistent with customary, prudent industry standards.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1), Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1)
Servicing. Each Designated Receivable has been serviced in conformity with all Applicable Lawsapplicable laws, rules and regulation and in conformity with the SellerServicer’s policies and procedures which are consistent with customaryprocedures, prudent industry standardsin each case, in all material respects.
Appears in 1 contract
