Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20[__]-[__] SUBI. Any such termination hereunder shall effect a termination only with respect to the 20[__]-[__] SUBI Assets and not as to Trust Assets allocated to any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 3 contracts
Samples: Financial Services (Financial Services Vehicle Trust), Financial Services (Financial Services Vehicle Trust), Financial Services (BMW Auto Leasing LLC)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20[__]-[__] 2015-2 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20[__]-[__] 2015-2 SUBI Assets and not as to Trust Assets allocated to 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 Auto Leasing LLC), Basic Servicing Agreement (BMW Auto Leasing LLC)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20[__]-[__] 2024-1 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20[__]-[__] 2024-1 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 2024-1), Basic Servicing Agreement (BMW Vehicle Lease Trust 2024-1)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20[__]-[__] 2021-1 SUBI. Any such termination hereunder shall effect a termination only with respect to the 20[__]-[__] 2021-1 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 2021-1), Financial Services Vehicle (BMW Vehicle Lease Trust 2021-1)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20[__]-[__] SUBI. Any such termination hereunder shall effect a termination only with respect to the 20[__]-[__] 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 (Financial Services Vehicle Trust), Basic Servicing Agreement (Financial Services Vehicle Trust)
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20[__]-[____]-[_] SUBI. Any such termination hereunder shall effect a termination only with respect to the 20[__]-[____]-[_] SUBI Assets and not as to Trust Assets allocated to any Other SUBI, and shall not effect a termination of the Basic Servicing Agreement or any other servicing supplement.
Appears in 1 contract
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20[__]-[____]-[_] 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 20[__]-[____]-[_] SUBI Assets and not as to Trust Assets allocated to 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
Termination of Supplement. This Servicing Supplement shall terminate upon the termination of the 20[__]-[__] SUBI2000-A SUBIs. Any such termination hereunder shall effect a termination only with respect to the 20[__]-[__] 2000-A SUBI Assets and not as to Trust Assets allocated to 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: BMW Manufacturing Lp
