Common use of NOTIFICATION TO NOTEHOLDERS AND RESIDUAL INTERESTHOLDERS Clause in Contracts

NOTIFICATION TO NOTEHOLDERS AND RESIDUAL INTERESTHOLDERS. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article, the Trust Agent shall give prompt written notice thereof to Residual Interestholders 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 Note Register.

Appears in 14 contracts

Samples: Sale and Servicing Agreement (Onyx Acceptance Financial Corp), Sale and Servicing Agreement (Onyx Acceptance Financial Corp), Sale and Servicing Agreement (Onyx Acceptance Financial Corp)

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NOTIFICATION TO NOTEHOLDERS AND RESIDUAL INTERESTHOLDERS. Upon any termination of, or appointment of a successor to, the Successor Servicer pursuant to this Article, the Trust Agent shall give prompt written notice thereof to Residual Interestholders 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 Note Register.

Appears in 6 contracts

Samples: Sale and Servicing Agreement (Onyx Acceptance Owner Trust 2005-B), Sale and Servicing Agreement (Onyx Acceptance Owner Trust 2005-A), Sale and Servicing Agreement (Onyx Acceptance Financial Corp)

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