Volkswagen Auto Lease/Loan Underwritten Funding, LLC and VW Credit, Inc. have amended their Sale and Servicing Agreement.
The amendment, dated January 13, 2026, impacts the Principal Distribution Amount and key definitions.
This significant update aims to enhance the efficiency of the agreement and address crucial financial aspects.
Updated Principal Distribution Amount
The amendment defines the Principal Distribution Amount in detail, impacting payment calculations.
Parties Involved
Key players include Volkswagen Auto Lease/Loan, VW Credit, and U.S. Bank Trust Company.
Effective Date
The amendments are effective as of January 13, 2026, enhancing the agreement's scope.
- The amendment showcases Volkswagen's proactive approach in optimizing financial agreements.
- Enhanced clarity on payment calculations benefits stakeholders and improves financial transparency.
Volkswagen's Amendment to Sale and Servicing Agreement marks a pivotal step towards refining financial operations and ensuring transparency. The updated definitions and agreements demonstrate Volkswagen's commitment to financial integrity and efficient processes.