Notification to Noteholders. Within five Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee and each Note Rating Agency, and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt notice thereof to the Noteholders.
Appears in 9 contracts
Samples: Servicing Agreement, Servicing Agreement (American Express Receivables Financing Corp VIII LLC), Servicing Agreement (American Express Receivables Financing Corp VIII LLC)
Notification to Noteholders. Within five Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give written notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee and Trustee, the applicable Collateral Agent, each Note Rating Agency, Agency and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt written notice thereof to the Noteholders.
Appears in 5 contracts
Samples: Transfer and Servicing Agreement (First Usa Credit Card Master Trust), Transfer and Servicing Agreement (Chase Manhattan Bank Usa), Transfer and Servicing Agreement (First Usa Credit Card Master Trust)
Notification to Noteholders. Within five Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee Trustee, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt notice thereof to the Noteholders.
Appears in 5 contracts
Samples: Transfer and Servicing Agreement (HSBC Credit Card Master Note Trust (Usa) I), Transfer and Servicing Agreement (HSBC Private Label Credit Card Master Note Trust (Usa) I), Transfer and Servicing Agreement (Hrsi Funding Inc Ii)
Notification to Noteholders. Within five Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall will give notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee Trustee, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall will give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this ArticleArticle VI, the Indenture Trustee shall will give prompt notice thereof to the Noteholders.
Appears in 5 contracts
Samples: Transfer and Servicing Agreement (Ford Credit Floorplan LLC), Transfer and Servicing Agreement (Ford Credit Floorplan LLC), Transfer and Servicing Agreement (Ford Credit Floorplan LLC)
Notification to Noteholders. Within five Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give written notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee Trustee, the Collateral Agent and each Note Rating Agency, and the Indenture Trustee shall give notice thereof to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt written notice thereof to the Noteholders.
Appears in 4 contracts
Samples: Transfer and Servicing Agreement (Chase Card Funding LLC), Transfer and Servicing Agreement (Chase Issuance Trust), Transfer and Servicing Agreement (Chase Issuance Trust)
Notification to Noteholders. Within five Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee Trustee, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt notice thereof to the Noteholders.. [END OF ARTICLE VII]
Appears in 3 contracts
Samples: Transfer and Servicing Agreement (Household Affinity Funding Corp Iii), Transfer and Servicing Agreement (Conseco Finance Credit Funding Corp), Transfer and Servicing Agreement (Household Affinity Funding Corp Iii)
Notification to Noteholders. Within five (5) Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee Trustee, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt notice thereof to the Noteholders.. [END OF ARTICLE VII]
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Advanta Business Recievables Corp), Transfer and Servicing Agreement (Associates Credit Card Receivables Corp)
Notification to Noteholders. Within five Business Days --------------------------- after the Servicer becomes aware of any Servicer Default, the Servicer shall give notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee Trustee, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt notice thereof to the Noteholders.. [END OF ARTICLE VII]
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Household Credit Card Master Note Trust I), Transfer and Servicing Agreement (Household Credit Card Master Note Trust I)
Notification to Noteholders. Within five (5) Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee and each Note Rating Agency, and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt notice thereof to the Noteholders.
Appears in 2 contracts
Samples: Servicing Agreement (Dryrock Issuance Trust), Servicing Agreement (Dryrock Issuance Trust)
Notification to Noteholders. Within five Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall will give notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee Trustee, the Back-up Servicer, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall will give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this ArticleArticle VI, the Indenture Trustee shall will give prompt notice thereof to the Noteholders.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Ford Credit Floorplan Corp)
Notification to Noteholders. Within five Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give notice thereof to the Transferor, the Owner TrusteeTrust, the Indenture Trustee Trustee, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt notice thereof to the Noteholders.Noteholders and each Series Enhancer. [END OF ARTICLE VII]
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Conseco Finance Credit Card Funding Corp)
Notification to Noteholders. Within five Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give notice thereof to the Transferor, the Owner Issuer Trustee, the Indenture Trustee and each Note Rating Agency, and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt notice thereof to the Noteholders.
Appears in 1 contract
Samples: Servicing Agreement
Notification to Noteholders. Within five (5) Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give notice thereof to the Transferor, the Owner TrusteeIssuer, the Indenture Trustee Trustee, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this ArticleArticle VIII, the Indenture Trustee shall give prompt notice thereof to the Noteholders.. [END OF ARTICLE VIII]
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Compucredit Corp)
Notification to Noteholders. Within five (5) Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give notice thereof to the Transferor, the Owner TrusteeIssuer, the Indenture Trustee Trustee, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this ArticleARTICLE VIII, the Indenture Trustee shall give prompt notice thereof to the Noteholders.. [END OF ARTICLE VIII]
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Compucredit Corp)
Notification to Noteholders. Within five Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall will give written notice thereof thereof, in the form of an Officer's Certificate including a description of its efforts to the Transferorperform its obligations, to the Owner Trustee, the Indenture Trustee Trustee, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall will give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this ArticleArticle VI, the Indenture Trustee shall will give prompt notice thereof to the Noteholders.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Nissan Wholesale Receivables Corp Ii)
Notification to Noteholders. Within five (5) Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give notice thereof to the Issuer, the Transferor, the Owner Indenture Trustee, each Rating Agency and each Series Enhancer and upon receipt of such written notice by a Responsible Officer of the Indenture Trustee and each Note Rating AgencyTrustee, and the Indenture Trustee shall give notice to the Noteholders. Upon any termination of the Servicer or appointment of a Successor Servicer pursuant to this ArticleArticle VIII, the Indenture Trustee shall give prompt notice thereof to the NoteholdersTransferor, the Issuer, the Noteholders and each Series Enhancer.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Compucredit Corp)
Notification to Noteholders. Within five (5) Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee Trustee, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall -49- 54 give notice thereof to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt notice thereof to the Noteholders.. [END OF ARTICLE VII]
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Advanta Business Recievables Corp)
Notification to Noteholders. Within five (5) Business Days after the Servicer becomes aware of any continuing Servicer Default, the Servicer shall give written notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee Trustee, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt notice thereof to the Noteholders.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Signet Jewelers LTD)
Notification to Noteholders. Within five Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give written notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee and Trustee, each Note Rating Agency, Agency and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt written notice thereof to the Noteholders.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Wachovia Card Receivables LLC)
Notification to Noteholders. Within five (5) Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give notice thereof to the Transferor, the Owner TrusteeIssuer, the Indenture Trustee Trustee, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this ArticleARTICLE VIII, the Indenture Trustee shall give prompt notice thereof to the Noteholders.Noteholders and each Series Enhancer. [END OF ARTICLE VIII]
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Compucredit Corp)
Notification to Noteholders. Within five Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give written notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee Trustee, the applicable Collateral Agent and each Note Rating Agency, and the Indenture Trustee shall give notice thereof to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt written notice thereof to the Noteholders.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (First Usa Credit Card Master Trust)
Notification to Noteholders. Within five two (2) Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee Trustee, the Transferor, the O/C Holder, the Note Administrator, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt notice thereof to the Noteholders.. [END OF ARTICLE VII]
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Compucredit Corp)
Notification to Noteholders. Within five Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall will give written notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee Trustee, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall will give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this ArticleArticle VI, the Indenture Trustee shall will give prompt notice thereof to the Noteholders.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Nissan Wholesale Receivables Corp Ii)
Notification to Noteholders. Within five Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee and Trustee, each Note Rating Agency, and each Series Enhancer and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt notice thereof to the Noteholders.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Household Consumer Loan Corp Ii)
Notification to Noteholders. Within five (5) Business Days after the Servicer becomes aware of any continuing Servicer Default, the Servicer shall give written notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee Trustee, each Rating Agency and each Note Rating Agency, Series Enhancer and the Indenture Trustee shall give notice to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt notice thereof to the Noteholders.. [END OF ARTICLE VII]
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Signet Group PLC)
Notification to Noteholders. Within five (5) Business Days after the Servicer becomes aware of any Servicer Default, the Servicer shall give written notice thereof to the Transferor, the Owner Trustee, the Indenture Trustee Trustee, the Collateral Agent and each Note Rating Agency, and the Indenture Trustee shall give notice thereof to the Noteholders. Upon any termination or appointment of a Successor Servicer pursuant to this Article, the Indenture Trustee shall give prompt written notice thereof to the Noteholders.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Jpmorgan Chase Bank, National Association)
