Common use of SUBI Clause in Contracts

SUBI. Any amendment to this Servicing Supplement shall be deemed not to materially and adversely affect the interests of any holder of Notes, if the Rating Agency Condition is satisfied.

Appears in 2 contracts

Sources: Servicing Supplement (BMW Vehicle Lease Trust 2022-1), Servicing Supplement (BMW Vehicle Lease Trust 2022-1)

SUBI. Any amendment to this Servicing Supplement shall be deemed not to materially and adversely affect the interests of any holder of Notes, if the Rating Agency Condition is satisfied.

Appears in 2 contracts

Sources: Vehicle Trust Supplement (BMW Vehicle Lease Trust 2022-1), Vehicle Trust Supplement (BMW Vehicle Lease Trust 2022-1)