Notification to Secured Parties and the Holder of the Residual Interest. Upon any termination of the Servicer, or appointment of a Successor Servicer pursuant to this Article VII, the Indenture Trustee will promptly notify the Secured Parties and the Issuer (who will then promptly notify each Rating Agency), and the Owner Trustee will promptly notify the holder of the Residual Interest.
Appears in 21 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2014-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2014-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2013-D)
Notification to Secured Parties and the Holder of the Residual Interest. Upon any termination of the Servicer, or appointment of a Successor Servicer pursuant to this Article VII, the Indenture Trustee will promptly notify the Secured Parties and the Issuer (who will then promptly notify each Rating Agency), and the Owner Trustee will promptly notify the holder of the Residual Interest.
Appears in 14 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2010-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2006-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2009-C)
Notification to Secured Parties and the Holder of the Residual Interest. Upon any termination of the Servicer, or appointment of a Successor Servicer pursuant to under this Article VII, the Indenture Trustee will promptly notify the Secured Parties and the Issuer (who will then promptly notify each Rating Agency), and the Owner Trustee will promptly notify the holder of the Residual Interest.
Appears in 8 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-A)
Notification to Secured Parties and the Holder of the Residual Interest. Upon any termination of the Servicer, or appointment of a Successor Servicer pursuant to this Article VII, the Indenture Trustee will promptly notify the Secured Parties and the Issuer (who will then promptly notify each Rating Agency), and the Owner Trustee will promptly notify the holder of the Residual Interest.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2011-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2010-B)
