Termination of the Issuer. This Agreement will terminate, except for obligations under Article VII and Sections 5.04 and 5.07, on the earlier of (i) the payment in full of all outstanding Notes and the satisfaction and discharge of the Indenture and (ii) the date the Issuer is terminated in accordance with the terms of the Trust Agreement.
Appears in 41 contracts
Samples: Asset Representations Review Agreement (BMW Vehicle Lease Trust 2024-1), Asset Representations Review Agreement (BMW Vehicle Lease Trust 2024-1), Asset Representations Review Agreement (BMW Vehicle Lease Trust 2023-2)
Termination of the Issuer. This Agreement will terminate, except for obligations under Article VII and Sections 5.04 and 5.07Section 7, on the earlier of (i) the payment in full of all outstanding Notes and the satisfaction and discharge of the Indenture and (ii) the date the Issuer is terminated in accordance with the terms of the Trust Agreement.
Appears in 2 contracts
Samples: Asset Representations Review Agreement (BMW Fs Securities LLC), Asset Representations Review Agreement (Financial Services Vehicle Trust)