Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 2019-1 SUBI. Any such termination hereunder shall effect a termination only with respect to the 2019-1 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 2 contracts
Samples: Financial Services Vehicle (BMW Vehicle Lease Trust 2019-1), Financial Services (BMW Vehicle Lease Trust 2019-1)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192010-1 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192010-1 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 2 contracts
Samples: Financial Services (BMW Vehicle Lease Trust 2010-1), Financial Services (BMW Vehicle Lease Trust 2010-1)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192014-1 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192014-1 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 2 contracts
Samples: Financial Services Vehicle Trust (BMW Auto Leasing LLC), Financial Services (BMW Auto Leasing LLC)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192015-1 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192015-1 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 2 contracts
Samples: Financial Services (BMW Vehicle Lease Trust 2015-1), Financial Services (BMW Auto Leasing LLC)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192023-1 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192023-1 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 2 contracts
Samples: Basic Servicing Agreement (BMW Vehicle Lease Trust 2023-1), Basic Servicing Agreement (BMW Vehicle Lease Trust 2023-1)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192017-1 2 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192017-1 2 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 2 contracts
Samples: Financial Services Vehicle Trust (BMW Vehicle Lease Trust 2017-2), Financial Services Vehicle Trust (BMW Vehicle Lease Trust 2017-2)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192018-1 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192018-1 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 2 contracts
Samples: Financial Services (BMW Vehicle Lease Trust 2018-1), Financial Services (BMW Vehicle Lease Trust 2018-1)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192016-1 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192016-1 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 2 contracts
Samples: Basic Servicing Agreement (BMW Vehicle Lease Trust 2016-1), Basic Servicing Agreement (BMW Vehicle Lease Trust 2016-1)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192022-1 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192022-1 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 2 contracts
Samples: Basic Servicing Agreement (BMW Vehicle Lease Trust 2022-1), Basic Servicing Agreement (BMW Vehicle Lease Trust 2022-1)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192017-1 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192017-1 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 2 contracts
Samples: Financial Services Vehicle (BMW Vehicle Lease Trust 2017-1), Financial Services Vehicle (BMW Vehicle Lease Trust 2017-1)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192012-1 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192012-1 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 2 contracts
Samples: Financial Services (BMW Vehicle Lease Trust 2012-1), Financial Services (BMW Vehicle Lease Trust 2012-1)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192011-1 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192011-1 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 2 contracts
Samples: Financial Services (BMW Vehicle Lease Trust 2011-1), Financial Services (BMW Vehicle Lease Trust 2011-1)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192016-1 2 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192016-1 2 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 2 contracts
Samples: Basic Servicing Agreement (BMW Vehicle Lease Trust 2016-2), Basic Servicing Agreement (BMW Vehicle Lease Trust 2016-2)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192023-1 2 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192023-1 2 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 2 contracts
Samples: Basic Servicing Agreement (BMW Vehicle Lease Trust 2023-2), Basic Servicing Agreement (BMW Vehicle Lease Trust 2023-2)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192013-1 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192013-1 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 2 contracts
Samples: Financial Services Vehicle Trust (BMW Vehicle Lease Trust 2013-1), Financial Services (BMW Vehicle Lease Trust 2013-1)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192007-1 SUBISUBI or the discharge of the Servicer pursuant to Section 2.14. Any such termination hereunder shall effect a termination only with respect to the 20192007-1 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBIother Sub-Trust, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplementServicing Supplement.
Appears in 1 contract
Samples: Financial Services (BMW Vehicle Lease Trust 2007-1)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192021-1 2 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192021-1 2 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 1 contract
Samples: Basic Servicing Agreement (BMW Vehicle Lease Trust 2021-2)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20192009-1 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20192009-1 SUBI Assets and not as to Trust Assets allocated to the UTI or any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 1 contract
Samples: Financial Services (BMW Vehicle Lease Trust 2009-1)
