Common use of Notification to Noteholders and Certificateholders Clause in Contracts

Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer or the Administrator, as the case may be, pursuant to this Article VIII, 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 holders of Notes and the Rating Agencies (which, in the case of any such appointment of a successor, shall consist of prior written notice thereof to the Rating Agencies).

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Key Bank Usa National Association), Sale and Servicing Agreement (Mellon Bank N A)

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Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer or the Administrator, as the case may be, pursuant to this Article VIII, the Eligible Lender Trustee shall give prompt written notice thereof to the holders of Certificates Certificateholders and the Indenture Trustee shall give prompt written notice thereof to holders of Notes Noteholders, the Surety Provider and the Rating Agencies (which, in the case of any such appointment of a successor, shall consist of prior written notice thereof to the Surety Provider and the Rating Agencies).

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Classnotes Trust 1995-1 Asset Backed Ser 1996-2), Sale and Servicing Agreement (Transworld Insurance Co)

Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer or the Administrator, as the case may be, pursuant to this Article VIII, 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 holders of Notes and the Rating Agencies (which, in the case of any such appointment of a successor, shall consist of prior written notice thereof to the Rating Agencies).to

Appears in 1 contract

Samples: Transfer and Servicing Agreement (PNC Student Loan Trust I)

Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer or the Administrator, as the case may be, pursuant to this Article VIIIVII, the Eligible Lender Trustee shall give prompt written notice thereof to the holders of Certificates Certificateholders and the Indenture Trustee shall give prompt written notice thereof to holders of Notes Noteholders and the Rating Agencies (which, in the case of any such appointment of a successor, shall consist of prior written notice thereof to the Rating Agencies).

Appears in 1 contract

Samples: Master Servicing Agreement (First Union Student Loan Trust 1997-1)

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Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer or the Administrator, as the case may be, pursuant to this Article VIIIX, the Eligible Lender Trustee shall give prompt written notice thereof to the holders of Certificates Certificateholders and the Indenture Trustee shall give prompt written notice thereof to holders of Notes Noteholders and the Rating Agencies (which, in the case of any such appointment of a successor, shall consist of prior written notice thereof to the Rating Agencies).

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Crestar Securitization LLC)

Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer or the Administrator, as the case may be, pursuant to this Article VIII, the Eligible Lender Owner Trustee or its Paying Agent shall give prompt written notice thereof to the holders of Certificates Certificateholders and the Indenture Trustee shall give prompt written notice thereof to holders of Notes and the Rating Agencies (which, in the case of any such appointment of a successor, shall consist of prior written notice thereof to the Rating Agencies)Noteholders.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A)

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