NOTIFICATION OF SERVICER DEFAULT. Within two Business Days after the Servicer or any Co-Servicer becomes aware of any Servicer Default, the Servicer or such Co-Servicer shall give prompt written notice thereof to each Beneficiary, each Rating Agency, the Receivables Trustee and any Enhancement Provider.
Appears in 6 contracts
Samples: Beneficiaries Servicing Agreement (Barclaycard Funding PLC), Beneficiaries Servicing Agreement (Gracechurch Receivables Trustee LTD), Arran Funding LTD