No Repossession. No Financed Vehicle has been repossessed without reinstatement as of the Cutoff Date.
No Repossession. No Financed Vehicle has been repossessed without reinstatement as of the Cutoff Date. Test 12-1: Repossession Inventory Observe TMCC’s receivables systems and confirm the Receivable was not held in repossession inventory as of the Cutoff Date.
No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. 708320802 14443670 I-4 Schedule I to the Sale and Servicing Agreement NOTICE ADDRESSES If to the Issuer: c/o Wells Fargo Delaware Trust Company, National Association 000 Xxxxx Xxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxxxxx, Xxxxxxxx 00000 Attention: Corporate Trust Administration Telephone: (000) 000-0000 Facsimile: (000) 000-0000 with copies to the Administrator, USAA Federal Savings Bank and the Indenture Trustee If to the Owner Trustee: Xxxxx Fargo Delaware Trust Company, National Association 000 Xxxxx Xxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxxxxx, Xxxxxxxx 00000 Telecopier No.: (000) 000-0000 Attention: Xxxxxx Xxxxxxxxx If to the Indenture Trustee: U.S. Bank National Association 000 X. XxXxxxx Street, 7th Floor Chicago, Illinois 60603 Attention: USAA 2014-1 If to the Bank, the Servicer or the Administrator: USAA Federal Savings Bank 00000 XxXxxxxxx Xxxxxxx San Antonio, Texas 78288 Telecopier No.: (000) 000-0000 Attention: Xxxx Broker, Vice President If to the Seller: USAA Acceptance, LLC 0000 Xxxxxxxxx Xxxx. Xxxxx 000 Xxx Xxxxxxx, Xxxxx 00000 Attention: Xxxx Broker, Vice President Telephone: (000) 000-0000 708320802 14443670 II-1 Schedule II to the Sale and Servicing Agreement If to Moody’s: Xxxxx’x Investors Service, Inc. 7 World Trade Center 000 Xxxxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Telecopier No.: (000) 000-0000 Attention: ABS Monitoring Group If to Standard & Poor’s: Standard & Poor’s Ratings Services 00 Xxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Telecopier No.: (000) 000-0000 Attention: Asset Backed Surveillance Group 708320802 14443670 II-2 Schedule II to the Sale and Servicing Agreement EXHIBIT A FORM OF ASSIGNMENT PURSUANT TO SALE AND SERVICING AGREEMENT February [__], 2014 For value received, in accordance with the Sale and Servicing Agreement (the “Agreement”), dated as of February 28, 2014, between USAA Auto Owner Trust 2014-1, a Delaware statutory trust (the “Issuer”), USAA Acceptance, LLC, a Delaware limited liability company (the “Seller”), USAA Federal Savings Bank, a federally chartered savings association (the “Bank”), and U.S. Bank National Association, a national banking association, as indenture trustee, on the terms and subject to the conditions set forth in the Agreement, the Seller does hereby transfer, assign, set over, sell and otherwise convey to the Issuer without recourse (subject to the obligations in the Agreement) on the Closing Date, all of its right, title and interes...
No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. SCHEDULE II PERFECTION REPRESENTATIONS, WARRANTIES AND COVENANTS In addition to the representations, warranties and covenants contained in the Purchase Agreement, VCI hereby represents, warrants, and covenants to the Purchaser as follows on the Closing Date:
No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. Sale and Servicing Agreement SCHEDULE II NOTICE ADDRESSES If to the Issuer: c/o Deutsche Bank Trust Company Delaware 0000 Xxxxxx Xxxx, Xxxxx 000 Xxxxxxxxxx, XX 00000-0000 (telecopier no. (000) 000-0000) Attention: Xxxxxxxxx Xxxxx, Volkswagen Auto Loan Enhanced Trust 2012-1 with copies to the Administrator, VW Credit, Inc., and the Indenture Trustee If to the Owner Trustee: Deutsche Bank Trust Company Delaware 0000 Xxxxxx Xxxx, Xxxxx 000 Xxxxxxxxxx, XX 00000-0000 (telecopier no. (000) 000-0000) Attention: Xxxxxxxxx Xxxxx with a copy to Deutsche Bank Trust Company Americas 00 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 (telecopier no. (000) 000-0000) Attention: Structured Finance Services If to the Indenture Trustee: Citibank, N.A. 000 Xxxxxxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxx Xxxxxxxxxx If to Purchaser: Volkswagen Auto Lease/Loan Underwritten Funding, LLC 0000 Xxxxxxxxx Xxxxxxx Drive Herndon, Virginia 20171 (telecopier no. (000) 000-0000) Attention: Treasurer Sale and Servicing Agreement If to the Servicer: VW Credit, Inc. 0000 Xxxxxxxxx Xxxxxxx Drive Herndon, Virginia 20171 (telecopier no. (000) 000-0000) Attention: Treasurer with a copy to VW Credit, Inc. If to VCI: VW Credit, Inc. 0000 Xxxxxxxxx Xxxxxxx Drive Herndon, Virginia 20171 (telecopier no. (000) 000-0000) Attention: Treasurer with a copy to VW Credit, Inc. If to VW Credit, Inc.: VW Credit, Inc. 0000 Xxxxxxxxx Xxxxxxx Drive Herndon, Virginia 20171 (telecopier no. (000) 000-0000) Attention: General Counsel If to Moody’s: Xxxxx’x Investors Service, Inc.
No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. 708317988 14443670 Schedule I-4 Purchase Agreement (USAA 2014-1) SCHEDULE II PERFECTION REPRESENTATIONS, WARRANTIES AND COVENANTS In addition to the representations, warranties and covenants contained in the Agreement, the Bank hereby represents, warrants and covenants to the Purchaser as follows on the Closing Date:
No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. SCHEDULE II PERFECTION REPRESENTATIONS, WARRANTIES AND COVENANTS In addition to the representations, warranties and covenants contained in the Agreement, the Bank hereby represents, warrants and covenants to the Purchaser as follows on the Closing Date:
No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. SCHEDULE II
No Repossession. As of the Cut-Off Date, no Financed Vehicle shall have been repossessed. (20[ ]-[ ]) SCHEDULE II PERFECTION REPRESENTATIONS, WARRANTIES AND COVENANTS In addition to the representations, warranties and covenants contained in the Agreement, FTH LLC hereby represents, warrants, and covenants to the Purchaser as follows on the Closing Date:
No Repossession. The Financed Vehicle securing the Receivable shall have not been foreclosed upon or repossessed by Seller or any other party.
