Autobahn definition
Examples of Autobahn in a sentence
Without limiting the foregoing, the Conduit Lender (if the Conduit Lender is Autobahn) may, in its sole discretion and at any time, assign its rights, obligations (if any) and interests under this Agreement to the Committed Lender and, at or after such time, the Conduit Lender may, in its sole discretion, cease to be a Conduit Lender and a Lender under this Agreement upon providing notice of such cessation to the Borrower.
Also on the Closing Date, Autobahn Funding Company LLC executed an amended and restated Joinder Supplement as a Conduit Purchaser.
On the Closing Date, DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main has executed an amended and restated Joinder Supplement and on the Closing Date is a Cost of Funds Bank Purchaser hereunder and a member of the Purchaser Group for which Autobahn Funding Company LLC is also member and DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main is the related Funding Agent.
Notwithstanding the foregoing, any amount to be paid to Autobahn by the Seller or the Servicer under this Agreement shall be deemed received by Autobahn upon payment to the Agent’s Account in same day funds.
The obligation of Autobahn, as Initial LC Issuer, to issue any Letter of Credit pursuant to this Agreement is hereby assigned to, and assumed by, DZ Bank, as Final LC Issuer, effective as of the date such Letter of Credit is to be issued.
That certain note purchase facility provided by DZ Bank, as agent for Autobahn Funding Company LLC, to the Borrower, evidenced by the DZ Bank Documents.
This putative class action lawsuit is related to other existing legal actions between Autobahn and an independent collision center (Eurotech) with which Autobahn ceased doing business in 2010.
Plaintiffs claim Autobahn falsely advertises that it only uses OEM parts, while actually using non-OEM parts to save money.
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Accordingly, DZ Bank, as final LC Issuer, will issue all Letters of Credit hereunder, will be the LC Issuer with respect to any such Letters of Credit so issued, and will be a Secured Party with respect to any reimbursement obligations of the Borrower hereunder until such reimbursement obligations are paid in full or are acquired by Autobahn on or after the date any draw on the Letter of Credit is made.