Notice of Event of Servicing Termination. The Servicer will notify the Depositor, the Owner Trustee, the Indenture Trustee and each Rating Agency of any event that with the giving of notice or lapse of time, or both, would become an Event of Servicing Termination under Section 7.1, no later than 5 Business Days after a Responsible Person of the Servicer obtains actual knowledge of such event.
Appears in 10 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2006-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2007-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2008-A)
Notice of Event of Servicing Termination. The Servicer will notify the Depositor, the Owner Trustee, the Indenture Trustee and each Rating Agency of any event that with the giving of notice or lapse of time, or both, would become an Event of Servicing Termination under Section 7.1, no later than 5 five Business Days after a Responsible Person of the Servicer obtains actual knowledge of such event.
Appears in 5 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2009-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2009-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2009-E)
Notice of Event of Servicing Termination. The Servicer will notify the Depositor, the Owner Trustee, the Indenture Trustee and each Rating Agency of any Event of Servicing Termination under Section 7.1 or any event that with the giving of notice or lapse of time, or both, would become an Event of Servicing Termination under Section 7.1, no later than 5 five Business Days after a Responsible Person of the Servicer obtains actual knowledge of such event.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2010-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2010-A)
