Common use of Annual Officer’s Certificate; Notice of Servicer Replacement Event Clause in Contracts

Annual Officer’s Certificate; Notice of Servicer Replacement Event. (a) The Servicer will deliver to the Issuer, with a copy to the Indenture Trustee, on or before March 30th of each year, beginning on March 30, 2021, an Officer’s Certificate, dated as of December 31 of the immediately preceding year, providing such information as is required under Item 1123 of Regulation AB.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2020-1), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2020-1)

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Annual Officer’s Certificate; Notice of Servicer Replacement Event. (a) The Servicer will deliver to the Issuer, with a copy to the Indenture Trustee, on or before March 30th of each year, beginning on March 30, 20212020, an Officer’s Certificate, dated as of December 31 of the immediately preceding year, providing such information as is required under Item 1123 of Regulation AB. (b) The Servicer will deliver to the Issuer, with a copy to the Indenture Trustee within five (5) Business Days after having obtained knowledge thereof written notice in an Officer’s

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2019-2), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2019-2)

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