Notices of Adverse Claims. The Securities Intermediary shall promptly notify the Secured Party, the Servicer and the Issuer if any other person claims that it has a property interest in the Subject Accounts or that it is a violation of such person’s rights for anyone else to hold, transfer or deal with the Subject Accounts.
Appears in 16 contracts
Samples: Securities Account Control Agreement (CarMax Auto Owner Trust 2024-3), Securities Account Control Agreement (Carmax Auto Funding LLC), Securities Account Control Agreement (Carmax Auto Funding LLC)
Notices of Adverse Claims. The Securities Intermediary shall promptly notify the Secured Party, the Servicer Party and the Issuer if any other person claims that it has a property interest in the Subject Accounts or that it is a violation of such person’s rights for anyone else to hold, transfer or deal with the Subject Accounts.
Appears in 16 contracts
Samples: Securities Account Control Agreement (Nissan Auto Receivables 2024-a Owner Trust), Securities Account Control Agreement (Honda Auto Receivables 2024-2 Owner Trust), Securities Account Control Agreement (Honda Auto Receivables 2024-2 Owner Trust)
Notices of Adverse Claims. The Securities Intermediary shall promptly notify the Secured Party, the Servicer and the Issuer if any other person claims that it has a property interest in the Subject Accounts or that it is a violation of such person’s rights for anyone else to hold, transfer or deal with the Subject Accounts.
Appears in 13 contracts
Samples: Securities Account Control Agreement (Barclays Bank Delaware), Securities Account Control Agreement (Nissan Auto Receivables 2018-a Owner Trust), Securities Account Control Agreement (Nissan Auto Receivables 2019-a Owner Trust)
Notices of Adverse Claims. The Securities Intermediary shall promptly notify the Secured Party, the Servicer Party and the Issuer Issuing Entity if any other person claims that it has a property interest in the Subject Designated Accounts or that it is a violation of such person’s rights for anyone else to hold, transfer or deal with the Subject Designated Accounts.
Appears in 10 contracts
Samples: Securities Account Control Agreement (Ally Auto Receivables Trust 2024-1), Securities Account Control Agreement (Ally Auto Receivables Trust 2024-1), Securities Account Control Agreement (Ally Auto Receivables Trust 2023-1)
Notices of Adverse Claims. The Securities Intermediary shall promptly notify the Secured Party, the Servicer and the Issuer Issuing Entity if any other person claims that it has a property interest in the Subject Accounts or that it is a violation of such person’s rights for anyone else to hold, transfer or deal with the Subject Accounts.
Appears in 8 contracts
Samples: Securities Account Control Agreement (Nissan Auto Lease Trust 2024-B), Securities Account Control Agreement (Nissan Auto Lease Trust 2024-B), Securities Account Control Agreement (Nissan Auto Lease Trust 2024-A)
Notices of Adverse Claims. The Securities Intermediary shall promptly notify the Secured Party, the Servicer Party and the Issuer if any other person claims that it has a property interest in the Subject Trust Accounts or that it is a violation of such person’s rights for anyone else to hold, transfer or deal with the Subject Trust Accounts.
Appears in 3 contracts
Samples: Securities Account Control Agreement (Porsche Auto Funding LLC), Control Agreement, Securities Account Control Agreement
