Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 118 contracts
Samples: Servicing Agreement (Ally Auto Receivables Trust 2024-2), Servicing Agreement (Ally Auto Receivables Trust 2024-2), Servicing Agreement (Ally Auto Receivables Trust 2024-1)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee shall give prompt written notice thereof to Noteholders, the Noteholders Certificateholders and the Depositor, Depositor who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 92 contracts
Samples: Sale and Servicing Agreement (World Omni Auto Receivables Trust 2024-C), Sale and Servicing Agreement (World Omni Auto Receivables Trust 2024-C), Sale and Servicing Agreement (World Omni Select Auto Trust 2024-A)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Owner Trustee shall give prompt written notice thereof to Certificateholders, and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 79 contracts
Samples: Sale and Servicing Agreement (World Omni Auto Receivables Trust 2010-A), Sale and Servicing Agreement (World Omni Auto Receivables Trust 2010-A), Sale and Servicing Agreement (World Omni Auto Receivables LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositorand, who promptly shall provide such notice subject to Section 10.18, the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 48 contracts
Samples: Sale and Servicing Agreement (CNH Equipment Trust 2019-A), Sale and Servicing Agreement (CNH Equipment Trust 2019-A), Sale and Servicing Agreement (CNH Equipment Trust 2018-B)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer pursuant to this Article VIIArticle, the Owner Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register, and the Indenture Trustee shall give prompt written notice thereof to Noteholders at their respective addresses appearing in the Noteholders Note Register and the Depositor, who promptly shall provide such notice to the each Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the CertificateholdersAgency.
Appears in 36 contracts
Samples: Sale and Servicing Agreement (WFS Financial Auto Loans Inc), Sale and Servicing Agreement (WFS Receivables Corp), Sale and Servicing Agreement (WFS Financial Auto Loans Inc)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating AgenciesNoteholders, and the Owner Trustee shall give prompt written notice thereof to the CertificateholdersCertificateholders at their respective addresses of record and to each Rating Agency.
Appears in 34 contracts
Samples: Sale and Servicing Agreement (USAA Auto Owner Trust 2008-1), Sale and Servicing Agreement (GS Auto Loan Trust 2005-1), Sale and Servicing Agreement (USAA Auto Owner Trust 2007-1)
Notification to Noteholders and Certificateholders. Upon any notice of an Event of Servicing Termination or upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating AgenciesNoteholders, and the Owner Trustee shall give prompt written notice thereof to Certificateholders at their addresses of record and to the CertificateholdersRating Agencies.
Appears in 32 contracts
Samples: Sale and Servicing Agreement (Mmca Auto Receivables Trust), Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-3), Sale and Servicing Agreement (Mmca Auto Receivables Trust)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositorand, who promptly shall provide such notice subject to Section 10.19, the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 27 contracts
Samples: Sale and Servicing Agreement (CNH Equipment Trust 2024-C), Sale and Servicing Agreement (CNH Equipment Trust 2024-C), Sale and Servicing Agreement (CNH Equipment Trust 2024-B)
Notification to Noteholders and Certificateholders. Upon any termination ofEvent of Servicing Termination, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Owner Trustee shall give prompt written notice thereof to Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders Noteholders, at their respective addresses of record, and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 24 contracts
Samples: Sale and Servicing Agreement (Chase Auto Owner Trust 2005-B), Sale and Servicing Agreement (JPMorgan Chase Bank, National Association), Sale and Servicing Agreement (Chase Auto Owner Trust 2005-A)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating AgenciesNoteholders, and the Owner Trustee shall give prompt written notice thereof to the CertificateholdersCertificateholders at their respective addresses of record and to each Rating Agency.
Appears in 20 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two L P), Sale and Servicing Agreement (Ford Motor Credit Co), Sale and Servicing Agreement (Ford Credit Auto Receivables Two L P)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, Agencies and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 18 contracts
Samples: Trust Sale and Servicing Agreement (Ally Auto Receivables Trust 2010-2), Trust Sale and Servicing Agreement (Ally Auto Receivables Trust 2010-2), Trust Sale and Servicing Agreement (Ally Auto Receivables Trust 2010-1)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee Trust Collateral Agent shall promptly upon its receipt of notice thereof give prompt written notice thereof to the Noteholders and the DepositorCertificateholders at their respective addresses appearing in the Note Register and the Certificate Register, the Issuer, the Board of Trustees, the Owner Trustee and the Servicer (who shall promptly shall provide such notice to each of the Rating Agencies, and Agencies then rating the Owner Trustee shall give prompt written notice thereof to the CertificateholdersNotes).
Appears in 17 contracts
Samples: Sale and Servicing Agreement (Credit Acceptance Corp), Sale and Servicing Agreement (Credit Acceptance Corp), Sale and Servicing Agreement (Credit Acceptance Corp)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Owner Trustee shall give prompt written notice thereof to Certificateholders and Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice subject to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the CertificateholdersAgency Condition.
Appears in 16 contracts
Samples: Sale and Servicing Agreement (Bas Securitization LLC), Sale and Servicing Agreement (Key Consumer Acceptance Corp), Sale and Servicing Agreement (Bas Securitization LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer Administrator pursuant to this Article VIIV, the Eligible Lender Trustee shall give prompt written notice thereof to Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the DepositorRating Agencies (which, who promptly in the case of any such appointment of a successor, shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt consist of prior written notice thereof to the CertificateholdersRating Agencies).
Appears in 13 contracts
Samples: Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Funding LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 13 contracts
Samples: Sale and Servicing Agreement (CNH Receivables Inc), Sale and Servicing Agreement (CNH Capital Receivables Inc), Sale and Servicing Agreement (Case Receivables Ii Inc)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIV, the Eligible Lender Trustee shall give prompt written notice thereof to Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the DepositorRating Agencies (which, who promptly in the case of any such appointment of a successor, shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt consist of prior written notice thereof to the CertificateholdersRating Agencies).
Appears in 10 contracts
Samples: Servicing Agreement (SLM Funding Corp), Servicing Agreement (SLM Funding Corp), Servicing Agreement (SLM Funding Corp)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer Administrator pursuant to this Article VIIV, the Trustee shall give prompt written notice thereof to Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the DepositorRating Agencies (which, who promptly in the case of any such appointment of a successor, shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt consist of prior written notice thereof to the CertificateholdersRating Agencies).
Appears in 9 contracts
Samples: Administration Agreement (SLM Education Credit Funding LLC), Administration Agreement (SLM Education Credit Funding LLC), Administration Agreement (SLM Education Credit Funding LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIServicer, the Indenture Trustee shall give prompt written notice thereof to each Securityholder, the Noteholders Owner Trustee and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 7 contracts
Samples: Sale and Servicing Agreement (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to Certificateholders and the CertificateholdersSecurity Insurer, and the Trustee shall give prompt written notice thereof to Noteholders and to the Rating Agencies.
Appears in 7 contracts
Samples: Sale and Servicing Agreement (Franklin Auto Trust 2003-2), Sale and Servicing Agreement (Franklin Receivables Auto Trust 2003-1), Sale and Servicing Agreement (Franklin Auto Trust 2004-2)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Owner Trustee shall give prompt written notice thereof to Certificateholders and Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the CertificateholdersNoteholders.
Appears in 6 contracts
Samples: Sale and Servicing Agreement (Bank One Auto Securitization LLC), Sale and Servicing Agreement (Bank One Auto Securitization Trust 2003-1), Sale and Servicing Agreement (Amsouth Auto Receivables LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer pursuant to this Article VII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to Certificateholders and the CertificateholdersTrustee shall give prompt written notice thereof to Noteholders subject to the Rating Agency Condition.
Appears in 6 contracts
Samples: Master Servicing Agreement (Gs Mortgage Securities Corp), Sale and Servicing Agreement (Avco Abs Receivables Corp), Master Servicing Agreement (Structured Asset Mortgage Investments Inc)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee shall will give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating AgenciesNoteholders, and the Owner Trustee shall will give prompt written notice thereof to the CertificateholdersCertificateholders at their respective addresses of record and to each Rating Agency.
Appears in 5 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to Certificateholders, the CertificateholdersSecurity Insurer and the Trustee shall give prompt written notice thereof to Noteholders and to the Rating Agencies.
Appears in 5 contracts
Samples: Sale and Servicing Agreement (TMS Auto Holdings Inc), Sale and Servicing Agreement (TMS Auto Holdings Inc), Sale and Servicing Agreement (FCC Receivables Corp)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII , the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders Noteholders, the Counterparties, the Backup Servicer and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 5 contracts
Samples: Sale and Servicing Agreement (CNH Capital Receivables LLC), Sale and Servicing Agreement (CNH Capital Receivables LLC), Sale and Servicing Agreement (CNH Capital Receivables LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer pursuant to this Article VII, or the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholderseach Noteholder.
Appears in 5 contracts
Samples: Master Sale and Servicing Agreement (Household Automotive Trust 2001-1), Master Sale and Servicing Agreement (Household Auto Receivables Corp), Master Sale and Servicing Agreement (Household Automotive Trust Iv Series 2000-1)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the CertificateholdersCertificateholders and the Indenture Trustee shall give prompt written notice thereof to Noteholders and the Rating Agencies.
Appears in 5 contracts
Samples: Sale and Servicing Agreement (Caterpillar Financial Funding Corp), Sale and Servicing Agreement (Caterpillar Financial Funding Corp), Sale and Servicing Agreement (Caterpillar Financial Funding Corp)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders Noteholders, the Counterparty, the Backup Servicer and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 4 contracts
Samples: Sale and Servicing Agreement (CNH Equipment Trust 2006-B), Sale and Servicing Agreement (CNH Equipment Trust 2005-B), Sale and Servicing Agreement (CNH Capital Receivables LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII , the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and Noteholders, the DepositorBackup Servicer and, who promptly shall provide such notice subject to Section 10.18, the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 4 contracts
Samples: Sale and Servicing Agreement (CNH Equipment Trust 2011-A), Sale and Servicing Agreement (CNH Equipment Trust 2011-A), Sale and Servicing Agreement (CNH Equipment Trust 2010-C)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII , the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and Noteholders, [the DepositorCounterparties,] and, who promptly shall provide such notice subject to Section 10.18, the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 4 contracts
Samples: Sale and Servicing Agreement (CNH Capital Receivables LLC), Sale and Servicing Agreement (CNH Capital Receivables LLC), Sale and Servicing Agreement (CNH Capital Receivables LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 4 contracts
Samples: Servicing Agreement (Ally Auto Receivables Trust 2011-2), Servicing Agreement (Ally Auto Receivables Trust 2011-2), Servicing Agreement (Ally Auto Receivables Trust 2011-1)
Notification to Noteholders and Certificateholders. Upon the receipt by a Trust Officer of the Owner Trustee of written notice of any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to Certificateholders and the CertificateholdersTrustee shall give prompt written notice thereof to Noteholders subject to the Rating Agency Condition.
Appears in 4 contracts
Samples: Sale and Servicing Agreement (Barnett Auto Receivables Corp), Sale and Servicing Agreement (Oxford Resources Corp), Sale and Servicing Agreement (Mellon Auto Receivables Corp)
Notification to Noteholders and Certificateholders. Upon the receipt by a Trust Officer of the Owner Trustee of written notice of any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to Certificateholders and the CertificateholdersTrustee shall give prompt written notice thereof to Noteholders and to the Rating Agencies.
Appears in 4 contracts
Samples: Sale and Servicing Agreement (Ace Securities Corp), Sale and Servicing Agreement (Ace Securities Corp), Sale and Servicing Agreement (Ace Securities Corp)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer or Administrator, as the case may be, pursuant to this Article VIIVIII, the Eligible Lender Trustee shall give prompt written notice thereof to Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the DepositorRating Agencies (which, who promptly in the case of any such appointment of a successor, shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt consist of prior written notice thereof to the CertificateholdersRating Agencies).
Appears in 4 contracts
Samples: Transfer and Servicing Agreement (Crestar Bank /Va), Transfer and Servicing Agreement (Crestar Bank /Va), Transfer and Servicing Agreement (Crestar Bank /Va)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, to the Servicer pursuant to this Article VIIVIII, the Owner Trustee shall give prompt written notice thereof to Certificateholders, and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the each Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the CertificateholdersAgency.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Nal Financial Group Inc), Sale and Servicing Agreement (Nal Financial Group Inc), Sale and Servicing Agreement (Nal Financial Group Inc)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVI, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating AgenciesIssuer, and the Owner Trustee Issuer shall give prompt written notice thereof to the CertificateholdersCertificateholders at their respective addresses of record.
Appears in 3 contracts
Samples: Servicing Agreement (Bank of America Auto Receivables Securitization, LLC), Servicing Agreement (Bank of America Auto Trust 2012-1), Servicing Agreement (Bank of America Auto Trust 2012-1)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII , the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders Noteholders, the Backup Servicer and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (CNH Equipment Trust 2010-A), Sale and Servicing Agreement (CNH Equipment Trust 2009-B), Sale and Servicing Agreement (CNH Equipment Trust 2009-C)
Notification to Noteholders and Certificateholders. Upon any -------------------------------------------------- termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIV, the Eligible Lender Trustee shall give prompt written notice thereof to Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the DepositorRating Agencies (which, who promptly in the case of any such appointment of a successor, shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt consist of prior written notice thereof to the CertificateholdersRating Agencies).
Appears in 3 contracts
Samples: Servicing Agreement (SLM Funding Corp), Servicing Agreement (SLM Funding Corp), Servicing Agreement (SLM Funding Corp)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Certificate Registrar (as defined in the Trust Agreement) shall give prompt written notice thereof to Certificateholders, and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Chrysler Financial Auto Securitization Trust 2010-A), Sale and Servicing Agreement (Chrysler Financial Auto Securitization Trust 2009-B), Sale and Servicing Agreement (Chrysler Financial Services Americas LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders Noteholders, each Counterparty and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (CNH Capital Receivables Inc), Sale and Servicing Agreement (CNH Capital Receivables Inc), Sale and Servicing Agreement (CNH Capital Receivables Inc)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer pursuant to this Article VII, the Indenture Trustee shall cause the Securities Administrator to give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating AgenciesNoteholders, and the Owner Trustee shall give prompt written notice thereof to the CertificateholdersCertificateholders at their respective addresses of record and to each Rating Agency.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Ml Asset Backed Corp), Sale and Servicing Agreement (Merrill Auto Trust Securitization 2005-1), Sale and Servicing Agreement (Merrill Auto Trust Securitization 2007-1)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVI, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating AgenciesNoteholders, and the Owner Trustee Issuer shall give prompt written notice thereof to the CertificateholdersCertificateholders at their respective addresses of record and to each Rating Agency.
Appears in 3 contracts
Samples: Servicing Agreement (Bank of America Auto Trust 2010-2), Servicing Agreement (Bank of America Auto Trust 2010-2), Servicing Agreement (Bank of America Auto Receivables Securitization, LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII , the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositorand, who promptly shall provide such notice subject to Section 10.18, the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (CNH Equipment Trust 2011-B), Sale and Servicing Agreement (CNH Equipment Trust 2011-B)
Notification to Noteholders and Certificateholders. Upon -------------------------------------------------- any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Owner Trustee shall give prompt written notice thereof to Certificateholders, and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Morgan Stanley Abs Capital Ii Inc), Sale and Servicing Agreement (Asset Backed Securities Corp)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Trust shall give prompt written notice thereof to Certificateholders and Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the CertificateholdersNoteholders.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (M&i Dealer Auto Securitization LLC), Sale and Servicing Agreement (M&i Dealer Auto Securitization LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Owner Trustee shall give prompt written notice thereof to Certificateholders and the Indenture Trustee, and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Franklin Auto Trust 2006-1), Sale and Servicing Agreement (Franklin Auto Trust 2007-1)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, a Servicer or the Servicer Administrator, as the case may be, pursuant to this Article VIIVIII, the Eligible Lender Trustee shall give prompt written notice thereof to the holders of Certificates and the Indenture Trustee shall give prompt written notice thereof to the Noteholders holders of Notes and the DepositorRating Agencies (which, who promptly in the case of any such appointment of a successor, shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt consist of prior written notice thereof to the CertificateholdersRating Agencies).
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Key Bank Usa National Association), Sale and Servicing Agreement (Key Bank Usa National Association)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders Noteholders, the Backup Servicer and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (CNH Equipment Trust 2006-A), Sale and Servicing Agreement (CNH Equipment Trust 2009-A)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Owner Trustee shall give prompt written notice thereof to Certificateholders and the Indenture Trustee, and the Indenture Trustee shall give prompt written notice thereof to the Indenture Administrator, Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Franklin Receivables LLC), Sale and Servicing Agreement (Franklin Auto Trust 2005-1)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Owner Trustee shall give prompt written notice thereof to Certificateholders and Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Compass Auto Receivables Trust 1998-A), Sale and Servicing Agreement (Asset Backed Securities Corp)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII , the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and Noteholders, [the DepositorCounterparties,] [the Backup Servicer] and, who promptly shall provide such notice subject to Section 10.18, the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (CNH Capital Receivables LLC), Sale and Servicing Agreement (CNH Capital Receivables LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee shall will give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating AgenciesNoteholders, and the Owner Trustee shall will give prompt written notice thereof to the CertificateholdersCertificateholders at their respective addresses of record and to each Rating Agency.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2005-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2004-A)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer pursuant to this Article VIIVI, the Eligible Lender Trustee shall give prompt written notice thereof to Certificateholders and the Indenture Trustee shall give prompt written notice thereof to Noteholders, the Noteholders Administrator and the DepositorRating Agencies (which, who promptly in the case of any such appointment of a successor, shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt consist of prior written notice thereof to the CertificateholdersRating Agencies).
Appears in 2 contracts
Samples: Master Servicing Agreement (Signet Student Loan Trusts), Master Servicing Agreement (Signet Bank Maryland)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to Certificateholders and the CertificateholdersTrustee shall give prompt written notice thereof to Noteholders subject to the Rating Agency Condition.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp), Sale and Servicing Agreement (Chevy Chase Bank FSB)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating AgenciesSwap Counterparty, and the Owner Trustee shall give prompt written notice thereof to the CertificateholdersCertificateholders at their respective addresses of record and to each Rating Agency.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two L P), Sale and Servicing Agreement (Ford Credit Auto Receivables Two L P)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer Administrator pursuant to this Article VIIV, the Owner Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 2 contracts
Samples: Administration Agreement (Chase Education Loan Trust 2007-A), Administration Agreement (Collegiate Funding of Delaware LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, to the Servicer pursuant to this Article VIIVIII, the Owner Trustee shall give prompt written notice thereof to Certificateholders, and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the CertificateholdersAgency.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Nal Financial Group Inc)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer pursuant to this Article VIIV, the Owner Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 1 contract
Samples: Master Servicing Agreement (Chase Education Loan Trust 2007-A)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to Certificateholders and the CertificateholdersTrustee shall give prompt written notice thereof to Noteholders and to the Rating Agencies.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Money Store Auto Trust 1996-2)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders Noteholders, each Counterparty, the Backup Servicer and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 1 contract
Samples: Sale and Servicing Agreement (CNH Equipment Trust 2003-B)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders Indenture Noteholders, the Class B Noteholders, the Class B Agent and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Case Receivables Ii Inc)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer pursuant to this Article VIIVI, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating AgenciesNoteholders, and the Owner Trustee Issuer shall give prompt written notice thereof to the CertificateholdersCertificateholders at their respective addresses of record and to each Rating Agency.
Appears in 1 contract
Samples: Master Servicing Agreement (Banc of America Securities Auto Trust 2006-G1)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Owner Trustee shall give prompt written notice thereof to Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Caterpillar Financial Funding Corp)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Owner Trustee shall give prompt written notice thereof to Certificateholders and the Indenture Trustee, and the Indenture Trustee shall give prompt written notice thereof to the Indenture Administrator, the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Franklin Auto Trust 2008-A)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIIX, the Trustee shall give prompt written notice thereof to Certificateholders and Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Provident Lease Receivables Corp)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer Administrator pursuant to this Article VIISection 12 or 13, the Eligible Lender Trustee shall give prompt written notice thereof to Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the DepositorRating Agencies (which, who promptly in the case of any such appointment of a successor, shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt consist of prior written notice thereof to the CertificateholdersRating Agencies).
Appears in 1 contract
Samples: Administration Agreement (Signet Student Loan Trusts)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer pursuant to this Article VII, the Indenture Trustee Trustee, or the Securities Administrator on its behalf, shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating AgenciesNoteholders, and the Owner Trustee shall give prompt written notice thereof to the CertificateholdersCertificateholders at their respective addresses of record and to each Rating Agency.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Merrill Auto Trust Securitization 2008-1)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Issuer shall give prompt written notice thereof to Certificateholders and Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice subject to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the CertificateholdersAgency Condition.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Volkswagen Public Auto Loan Securitization LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII , the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and Noteholders, the DepositorCounterparties, who promptly shall provide such notice the Backup Servicer and, subject to Section 10.18, the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 1 contract
Samples: Sale and Servicing Agreement (CNH Capital Receivables LLC)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIARTICLE VIII, the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders Noteholders, each Counterparty and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 1 contract
Samples: Sale and Servicing Agreement (CNH Capital Receivables Inc)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating AgenciesSwap Counterparties, and the Owner Trustee shall give prompt written notice thereof to the CertificateholdersCertificateholders at their respective addresses of record and to each Rating Agency.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two L P)
Notification to Noteholders and Certificateholders. Upon any notice of an Event of Servicing Termination or upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating AgenciesNoteholders, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.the
Appears in 1 contract
Samples: Sale and Servicing Agreement (Daimler Benz Vehicle Receivables Corp)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Owner Trustee or its Paying Agent shall give prompt written notice thereof to Certificateholders and Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the CertificateholdersNoteholders.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Ace Securities Corp Rv & Marine Trust 2001-Rv1)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIARTICLE VIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders, the Subordinated Interest Holders and the Indenture Trustee shall give prompt written notice thereof to Noteholders and the Rating Agencies.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Caterpillar Financial Funding Corp)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII , the Trustee shall give prompt written notice thereof to the Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders Noteholders, the Counterparty, the Backup Servicer and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 1 contract
Samples: Sale and Servicing Agreement (CNH Equipment Trust 2007-A)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Owner Trustee shall give prompt written notice thereof to Certificateholders and the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating Agencies, and the Owner Trustee shall give prompt written notice thereof to the Certificateholders.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Nationsfinancial Funding Corp)
Notification to Noteholders and Certificateholders. Upon any notice of an Event of Servicing Termination or upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Depositor, who promptly shall provide such notice to the Rating AgenciesNoteholders, and the Owner Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses of record and to the CertificateholdersRating Agencies.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Daimler Benz Vehicle Receivables Corp)
