Common use of Compliance with the FDIC Rule Clause in Contracts

Compliance with the FDIC Rule. The Seller agrees to (i) perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) facilitate compliance with Article XII of the Indenture by the Ally Parties.

Appears in 78 contracts

Sources: Pooling Agreement (Ally Auto Receivables Trust 2025- 1), Pooling Agreement (Ally Auto Receivables Trust 2025- 1), Pooling Agreement (Ally Auto Receivables Trust 2024-2)

Compliance with the FDIC Rule. The Seller agrees to shall (i) perform the covenants set forth in Article XII of the Indenture applicable to it (including as “servicer” and “issuing entity”, each as defined in Section 12.01(c) of the Indenture) and (ii) facilitate compliance with Article XII of the Indenture by the Ally FDIC Rule Parties.

Appears in 22 contracts

Sources: Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Vehicle Owner Trust 2025-A), Receivables Purchase Agreement (BMW Vehicle Owner Trust 2025-A)

Compliance with the FDIC Rule. The Seller agrees to (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Ally Capital One Parties.

Appears in 21 contracts

Sources: Sale Agreement (Capital One Auto Receivables LLC), Sale Agreement (Capital One Prime Auto Receivables Trust 2024-1), Sale Agreement (Capital One Prime Auto Receivables Trust 2024-1)

Compliance with the FDIC Rule. The Seller agrees to (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Ally Fifth Third Parties.

Appears in 15 contracts

Sources: Sale Agreement (Fifth Third Auto Trust 2023-1), Sale Agreement (Fifth Third Auto Trust 2023-1), Sale Agreement (Fifth Third Holdings Funding, LLC)

Compliance with the FDIC Rule. The Seller agrees to (i) perform the covenants set forth in Article XII of the AART Indenture applicable to it and (ii) facilitate compliance with Article XII of the AART Indenture by the Ally Parties.

Appears in 11 contracts

Sources: Sale and Contribution Agreement (Ally Auto Assets LLC), Sale and Contribution Agreement (Ally Auto Assets LLC), Sale and Contribution Agreement (Ally Auto Assets LLC)

Compliance with the FDIC Rule. The Seller agrees to (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Ally Huntington Parties.

Appears in 7 contracts

Sources: Sale Agreement, Sale Agreement (Huntington Auto Trust 2016-1), Sale Agreement (Huntington Auto Trust 2016-1)

Compliance with the FDIC Rule. The Seller agrees to (i) perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) facilitate compliance with Article XII of the Indenture by the Ally Parties.]

Appears in 5 contracts

Sources: Pooling Agreement (Ally Auto Assets LLC), Pooling Agreement (Ally Auto Assets LLC), Pooling Agreement (Ally Auto Assets LLC)

Compliance with the FDIC Rule. The Seller agrees to (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Ally Parties.BANA Parties.‌

Appears in 2 contracts

Sources: Sale Agreement, Sale Agreement

Compliance with the FDIC Rule. The Seller agrees to (i) perform abide by the covenants and other agreements set forth in Article XII of the Indenture applicable to it and (ii) facilitate compliance with Article XII of the Indenture by the Ally Parties.

Appears in 2 contracts

Sources: Pooling Agreement (Ally Auto Receivables Trust 2011-1), Pooling Agreement (Ally Auto Receivables Trust 2011-1)

Compliance with the FDIC Rule. The Seller agrees to (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Ally USAA Parties.]

Appears in 1 contract

Sources: Sale Agreement (Usaa Acceptance LLC)

Compliance with the FDIC Rule. The Seller agrees to shall (i) perform the covenants set forth in Article XII of the Indenture applicable to it (including as "servicer" and "issuing entity", each as defined in Section 12.01(c) of the Indenture) and (ii) facilitate compliance with Article XII of the Indenture by the Ally FDIC Rule Parties.

Appears in 1 contract

Sources: Receivables Purchase Agreement (BMW Fs Securities LLC)

Compliance with the FDIC Rule. The Seller agrees to (i) shall perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) shall facilitate compliance with Article XII of the Indenture by the Ally Fifth Third Parties.]

Appears in 1 contract

Sources: Sale Agreement (Fifth Third Holdings Funding, LLC)