Common use of Event of Loss Clause in Contracts

Event of Loss. As of the Cut-Off Date, to the Seller’s knowledge, no Vehicle included in any such Unit was subject to an event which would constitute an Event of Loss.

Appears in 32 contracts

Sources: Sale Agreement (Vw Credit Leasing LTD), Subi Sale Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Subi Sale Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Event of Loss. As of the Cut-Off Date, to the Seller’s knowledge, no Vehicle included in any such Unit was subject to an event which would constitute an Event of Loss.. Lease file

Appears in 10 contracts

Sources: Asset Representations Review Agreement (Vw Credit Leasing LTD), Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Event of Loss. As of the Cut-Off Date, to the Seller’s 's knowledge, no Vehicle included in any such Unit was subject to an event which would constitute an Event of Loss.

Appears in 4 contracts

Sources: Subi Sale Agreement (Volkswagen Public Auto Loan Securitization LLC), Subi Sale Agreement (Volkswagen Auto Lease Trust 2005-A), Subi Sale Agreement (Volkswagen Auto Lease Trust 2002-A)