Repayment of Advances. If the identity of the Servicer shall change, the predecessor Servicer shall be entitled to receive reimbursement for outstanding and unreimbursed Simple Interest Advances made pursuant to Section 4.4 by the predecessor Servicer.
Appears in 121 contracts
Samples: Sale and Servicing Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (CarMax Auto Owner Trust 2024-4)
Repayment of Advances. If the identity of the Servicer shall change, the predecessor Servicer shall be entitled to receive to the extent of available funds reimbursement for outstanding and unreimbursed Simple Interest Outstanding Advances made pursuant to Section 4.4 4.3 and 4.4, in the manner specified in Section 4.6, with respect to all Advances made by the predecessor Servicer.
Appears in 42 contracts
Samples: Sale and Servicing Agreement (Usaa Auto Owner Trust 2004-3), Sale and Servicing Agreement (Usaa Acceptance LLC Auto Owner Trust 2002-1), Sale and Servicing Agreement (Usaa Auto Owner Trust 2003-1)
Repayment of Advances. If the identity of the Servicer shall change, the predecessor outgoing Servicer shall be entitled to receive reimbursement for outstanding and unreimbursed Simple Interest Advances made pursuant to Section 4.4 4.06 by the predecessor outgoing Servicer.
Appears in 26 contracts
Samples: Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1), Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2024-1)
Repayment of Advances. If the identity of the Servicer shall change, the predecessor Servicer shall be entitled to receive receive, to the extent of available funds, reimbursement for outstanding and unreimbursed Simple Interest Outstanding Monthly Advances made pursuant to Section 4.4 5.04 in the manner specified in Section 4.06 with respect to all Monthly Advances made by the such predecessor Servicer.
Appears in 13 contracts
Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables LLC), Trust Sale and Servicing Agreement (Capital Auto Receivables LLC), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2007-3)
Repayment of Advances. If the identity of the Servicer shall change, the predecessor Servicer shall be entitled to receive receive, to the extent of available funds, reimbursement for outstanding and Servicer Advances in the manner specified in the Indenture or any related Indenture Supplement, with respect to all previously unreimbursed Simple Interest Servicer Advances made pursuant by such predecessor Servicer prior to Section 4.4 the reimbursement of any Servicer Advances made by the predecessor successor Servicer.
Appears in 4 contracts
Samples: Trust Sale and Servicing Agreement, Trust Sale and Servicing Agreement (Ally Wholesale Enterprises LLC), Trust Sale and Servicing Agreement (Wholesale Auto Receivables LLC)
Repayment of Advances. If the identity of the Servicer shall change, the predecessor Servicer shall be entitled to receive receive, to the extent of available funds, reimbursement for outstanding and Servicer Advances in the manner specified in Section 4.5, with respect to all previously unreimbursed Simple Interest Servicer Advances made pursuant by such predecessor Servicer prior to Section 4.4 the reimbursement of any Servicer Advances made by the predecessor successor Servicer.
Appears in 2 contracts
Samples: Trust Sale and Servicing Agreement (Wholesale Auto Receivables Corp), Trust Sale and Servicing Agreement (Superior Wholesale Inventory Financing Trust 2007-Ae-1)
Repayment of Advances. If the identity of the Servicer shall change, the predecessor Servicer shall be entitled to receive to the extent of available funds reimbursement for outstanding and unreimbursed Simple Interest Outstanding Advances made pursuant to Section 4.4 4.4, in the manner specified in Section 4.6, with respect to all Advances made by the predecessor Servicer.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (USAA Auto Owner Trust 2008-1), Sale and Servicing Agreement (USAA Auto Owner Trust 2007-2)
Repayment of Advances. If the identity of the Servicer shall change, the predecessor Servicer shall be entitled to receive to the extent of Available Funds reimbursement for outstanding and unreimbursed Simple Interest Outstanding Advances made pursuant to Section 4.4 4.4, in the manner specified in Section 4.6, with respect to all Advances made by the predecessor Servicer.
Appears in 1 contract
Repayment of Advances. If the identity of the Servicer shall change, the predecessor Servicer shall be entitled to receive to the extent of available funds reimbursement for outstanding Outstanding Advances pursuant to Sections 4.3 and unreimbursed Simple Interest 4.4, in the manner specified in Section 4.6, with respect to all Advances made pursuant to Section 4.4 by the predecessor Servicer.
Appears in 1 contract
Samples: Sale and Servicing Agreement (USAA Auto Owner Trust 2007-1)
Repayment of Advances. If the identity of the Servicer shall change, the predecessor Servicer shall be entitled to receive to the extent of available funds reimbursement for outstanding and unreimbursed Simple Interest Outstanding Advances made pursuant to Section 4.4 14.3 and 14.4, in the manner specified in Section 14.6, with respect to all Advances made by the predecessor Servicer.
Appears in 1 contract
Samples: Standard Terms and Conditions Agreement (Ford Credit Auto Receivables Corp)
Repayment of Advances. If the identity of the Servicer shall change, the predecessor Servicer shall be entitled to receive to the extent of available funds reimbursement for outstanding and unreimbursed Simple Interest Outstanding Advances made pursuant to Section 4.4 4.3 and 4.4, in the manner specified in Section 4.6, with respect to all Advances made by the predecessor Servicer.]
Appears in 1 contract
Samples: Sale and Servicing Agreement (Bear Stearns Asset Backed Funding Inc)
Repayment of Advances. If the identity of the Servicer shall change, the predecessor Servicer shall be entitled to receive reimbursement for outstanding and unreimbursed Simple Interest Advances made pursuant to Section 4.4 6.04 with respect to all Advances made by the predecessor Servicer.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Fleetwood Credit Receivables Corp)
