Common use of Appointment of Successor Clause in Contracts

Appointment of Successor. If a successor Asset Representations Reviewer has not been appointed within 30 days after the giving of written notice of resignation by the Asset Representations Reviewer pursuant to Section 6.04 or the delivery of the written instrument with respect to the removal of the Asset Representations Reviewer pursuant to Section 6.01, the Asset Representations Reviewer or the Administrator may apply to any court of competent jurisdiction to appoint a successor Asset Representations Reviewer meeting the requirements of Section 2.02 to act until such time, if any, as a successor Asset Representations Reviewer has been appointed as provided herein.

Appears in 42 contracts

Samples: Asset Representations Review Agreement (John Deere Owner Trust 2024-C), Asset Representations Review Agreement (John Deere Owner Trust 2024-B), Asset Representations Review Agreement (John Deere Owner Trust 2024-B)

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Appointment of Successor. If a successor Asset Representations Reviewer has not been appointed by the Issuer within 30 thirty (30) days after the giving of written notice of resignation by the Asset Representations Reviewer pursuant to Section 6.04 or the delivery of the written instrument with respect to the removal of the Asset Representations Reviewer pursuant to Section 6.01, the Asset Representations Reviewer or the Administrator Servicer may apply to any court of competent jurisdiction to appoint a successor Asset Representations Reviewer meeting the requirements of Section 2.02 to act until such time, if any, as a successor Asset Representations Reviewer has been appointed as provided hereinabove provided.

Appears in 39 contracts

Samples: Asset Representations Review Agreement (BMW Vehicle Owner Trust 2024-A), Asset Representations Review Agreement (BMW Vehicle Owner Trust 2024-A), Asset Representations Review Agreement (BMW Vehicle Lease Trust 2024-1)

Appointment of Successor. If a successor Asset Representations Reviewer has not been appointed by the Issuer within 30 thirty (30) days after the giving of written notice of resignation by the Asset Representations Reviewer pursuant to Section 6.04 or the delivery of the written instrument with respect to the removal of the Asset Representations Reviewer pursuant to Section 6.016.04, the Asset Representations Reviewer or the Administrator Indenture Trustee may apply to any court of competent jurisdiction to appoint a successor Asset Representations Reviewer meeting the requirements of Section 2.02 to act until such time, if any, as a successor Asset Representations Reviewer has been appointed as provided hereinabove provided.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (BMW Fs Securities LLC), Asset Representations Review Agreement (BMW Fs Securities LLC)

Appointment of Successor. If a successor Asset Representations Reviewer has not been appointed within 30 days after the giving of written notice of resignation by the Asset Representations Reviewer pursuant to Section 6.04 or the delivery of the written instrument with respect to the removal of the Asset Representations Reviewer pursuant to Section 6.01, the Asset Representations Reviewer or the Administrator may apply to any court of competent jurisdiction to appoint a successor Asset Representations Reviewer meeting the requirements of Section 2.02 to act until such time, if any, as a successor Asset Representations Reviewer has been appointed as provided herein.Asset

Appears in 2 contracts

Samples: Asset Representations Review Agreement (John Deere Owner Trust 2020-B), Asset Representations Review Agreement (John Deere Owner Trust 2020-B)

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Appointment of Successor. If a successor Asset Representations Reviewer has not been appointed by the Issuer within 30 [thirty (30)] days after the giving of written notice of resignation by the Asset Representations Reviewer pursuant to Section 6.04 or the delivery of the written instrument with respect to the removal of the Asset Representations Reviewer pursuant to Section 6.01, the Asset Representations Reviewer or the Administrator Servicer may apply to any court of competent jurisdiction to appoint a successor Asset Representations Reviewer meeting the requirements of Section 2.02 to act until such time, if any, as a successor Asset Representations Reviewer has been appointed as provided hereinabove provided.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Financial Services Vehicle Trust), Asset Representations Review Agreement (Financial Services Vehicle Trust)

Appointment of Successor. If a successor Asset Representations Reviewer has not been appointed within 30 days after the giving of written notice of such resignation by the Asset Representations Reviewer pursuant to Section 6.04 or the delivery of the written instrument with respect to the removal of the Asset Representations Reviewer pursuant to Section 6.01such removal, the Asset Representations Reviewer or the Administrator Indenture Trustee may apply to any court of competent jurisdiction to appoint a successor Asset Representations Reviewer meeting the requirements of Section 2.02 to act until such time, if any, as a successor Asset Representations Reviewer has been appointed as provided hereinabove provided.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (BMW Fs Securities LLC), Asset Representations Review Agreement (Financial Services Vehicle Trust)

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