Removal of Servicer. The Depositors may, with the prior written consent of the Certificate Insurer and a Majority in Aggregate Voting Interest, remove the Servicer upon 90 days' prior written notice to the Servicer. No such removal shall become effective until a successor (other than the Trustee, unless the Trustee agrees to so act) has assumed the Servicer's responsibilities and obligations hereunder in accordance with Section 9.02. The Servicer shall promptly notify each Rating Agency of such removal.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Eqcc Asset Backed Corp), Pooling and Servicing Agreement (Eqcc Asset Backed Corp), Pooling and Servicing Agreement (Eqcc Asset Backed Corp)
