Common use of REPLACING THE DATA PROTECTION TRUSTEE Clause in Contracts

REPLACING THE DATA PROTECTION TRUSTEE. ‌ The Issuer or Security Trustee may replace the Data Protection Trustee by a Qualified Replacement Data Protection Trustee, for good cause grounded in the conduct of the Data Protection Trustee, especially if the Data Protection Trustee has materially breached its duties under this Agreement and the Seller consents to the appointment of the proposed Qualified Replacement Data Protection Trustee by the Issuer.

Appears in 2 contracts

Samples: Data Protection Trust Agreement, Data Protection Trust Agreement

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REPLACING THE DATA PROTECTION TRUSTEE. The Issuer or Security Trustee may replace the Data Protection Trustee by a Qualified Replacement Data Protection Trustee, for good cause grounded in the conduct of the Data Protection Trustee, especially if the Data Protection Trustee has materially breached its duties under this Agreement and the Seller consents to the appointment of the proposed Qualified Replacement Data Protection Trustee by the Issuer.

Appears in 2 contracts

Samples: Data Protection Trust Agreement, Data Protection Trust Agreement

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REPLACING THE DATA PROTECTION TRUSTEE. The Issuer or Security Trustee may replace the Data Protection Trustee by a Qualified Replacement Data Protection Trustee, for good cause grounded in the conduct of the Data Protection Trustee, especially if the Data Protection Trustee has materially breached its duties under this Agreement and the Seller consents to the appointment of the proposed Qualified Replacement new Data Protection Trustee by the Issuer.

Appears in 1 contract

Samples: Data Protection Trust Agreement

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