Common use of Review Scope Clause in Contracts

Review Scope. The Reviews are designed to determine whether certain 2024-2 Leases were in compliance with certain representations and warranties made about them in the Servicing Supplement. The Reviews are not designed to determine any of the following: (a) reason for delinquency; (b) creditworthiness of the Lessees, either at the time of the Review or as of the time of the origination of the related 2024-2 Leases; (c) overall quality of any Review Asset;

Appears in 2 contracts

Sources: Asset Representations Review Agreement (BMW Vehicle Lease Trust 2024-2), Asset Representations Review Agreement (BMW Vehicle Lease Trust 2024-2)

Review Scope. The Reviews are designed to determine whether certain 20242021-2 1 Leases were in compliance with certain representations and warranties made about them in the Servicing Supplement. The Reviews are not designed to determine any of the following: : (a) reason for delinquency; (b) creditworthiness of the Lessees, either at the time of the Review or as of the time of the origination of the related 2024-2 Leases; (c) overall quality of any Review Asset;

Appears in 2 contracts

Sources: Asset Representations Review Agreement (BMW Vehicle Lease Trust 2021-1), Asset Representations Review Agreement (BMW Vehicle Lease Trust 2021-1)

Review Scope. The Reviews are designed to determine whether certain 20242025-2 1 Leases were in compliance with certain representations and warranties made about them in the Servicing Supplement. The Reviews are not designed to determine any of the following: (a) reason for delinquency; (b) creditworthiness of the Lessees, either at the time of the Review or as of the time of the origination of the related 20242025-2 1 Leases; (c) overall quality of any Review Asset;

Appears in 2 contracts

Sources: Asset Representations Review Agreement (BMW Vehicle Lease Trust 2025-1), Asset Representations Review Agreement (BMW Vehicle Lease Trust 2025-1)

Review Scope. The Reviews are designed to determine whether certain 20242022-2 1 Leases were in compliance with certain representations and warranties made about them in the Servicing Supplement. The Reviews are not designed to determine any of the following: (a) reason for delinquency; (b) creditworthiness of the Lessees, either at the time of the Review or as of the time of the origination of the related 2024-2 Leases; (c) overall quality of any Review Asset;

Appears in 2 contracts

Sources: Asset Representations Review Agreement (BMW Vehicle Lease Trust 2022-1), Asset Representations Review Agreement (BMW Vehicle Lease Trust 2022-1)

Review Scope. The Reviews are designed to determine whether certain 20242023-2 1 Leases were in compliance with certain representations and warranties made about them in the Servicing Supplement. The Reviews are not designed to determine any of the following: (a) reason for delinquency; (b) creditworthiness of the Lessees, either at the time of the Review or as of the time of the origination of the related 2024-2 Leases; (c) overall quality of any Review Asset;

Appears in 2 contracts

Sources: Asset Representations Review Agreement (BMW Vehicle Lease Trust 2023-1), Asset Representations Review Agreement (BMW Vehicle Lease Trust 2023-1)

Review Scope. The Reviews are designed to determine whether certain 20242021-2 Leases were in compliance with certain representations and warranties made about them in the Servicing Supplement. The Reviews are not designed to determine any of the following: : (a) reason for delinquency; (b) creditworthiness of the Lessees, either at the time of the Review or as of the time of the origination of the related 2024-2 Leases; (c) overall quality of any Review Asset;

Appears in 1 contract

Sources: Asset Representations Review Agreement (BMW Vehicle Lease Trust 2021-2)

Review Scope. The Reviews are designed to determine whether certain 2024-2 20[__]-[__] Leases were in compliance with certain representations and warranties made about them in the Servicing Supplement. The Reviews are not designed to determine any of the following: (a) reason for delinquency; (b) creditworthiness of the Lessees, either at the time of the Review or as of the time of the origination of the related 2024-2 Leases; (c) overall quality of any Review Asset;

Appears in 1 contract

Sources: Asset Representations Review Agreement (Financial Services Vehicle Trust)