Examples of BMW Bank in a sentence
Neither the inclusion of this Article XII in this Indenture nor the compliance by any Person with, or the acknowledgment by any Person of, this Article’s provisions constitutes an agreement or acknowledgment by any Person that, in the case of an insolvency proceeding with respect to BMW Bank, a receiver or conservator will have any rights with respect to the Trust Estate.
The Owner Trustee shall (i) perform the covenants sets forth in Article XII of the Indenture applicable to it and (ii) use reasonable efforts to comply with any request of the Depositor, BMW Bank or the Servicer to facilitate compliance with Article XII of the Indenture by the FDIC Rule Parties.
The Servicer hereby acknowledges that, pursuant to the terms of the Loan Services and Administration Agreement, dated as of January 1, 2004, between the Servicer and BMW Bank, any Receivables originated by BMW Bank and owned by BMW Bank that are in the possession of, or are otherwise held on the Servicer’s system in the name of BMW Financial Services NA, LLC, are possessed or held in such a manner by the Servicer as agent for BMW Bank.
Each Dealer that sold a Receivable to the Seller (or BMW Bank) has entered into a Dealer Agreement and such Dealer Agreement, together with the assignment and related documentation signed by the Dealer, constitutes the entire agreement between the Seller (or BMW Bank) and such Dealer with respect to the sale of such Receivable to the Seller (or BMW Bank).
BMW Bank GmbHLilienthalallee 2680939 Munich GermanyAttn.: Antoun Zakhour abs.bmwgroup@bmw.de+49-89-382-61467Attn.: Michael Dalchow abs.bmwgroup@bmw.de+49-89-382-53070Bank of New York Mellon, London BranchOne Canada Square E14 5AL London United KingdomAttn.
Each Dealer from whom the Seller (or BMW Bank) purchases Receivables directly has entered into a Dealer Agreement with the Seller (or BMW Bank) providing for the sale of Receivables from time to time by such Dealer to the Seller (or BMW Bank).
At BMW Bank GmbH, the future residual values of the lease vehicles as well as future leasing receivables and customer financing receivables are securitized through the special purpose vehicle.
Borrower shall cause Manager to manage the Property in accordance in all material respects with the Management Agreement.
With respect to each Receivable for which the Lien Certificate has not yet been returned from the Registrar of Titles, BMW FS has received written evidence that such Lien Certificate showing BMW FS or BMW Bank as first lienholder has been applied for.
Furthermore, progressive urbanization, the increasing popularity of electrical drive systems, and new digital customer interfaces are examples of developments that present BMW Bank GmbH with strategic opportunities to branch out into new growth segments by creating financial service products for innovative mobility concepts and associated services.