Resignation and Removal of Securities Intermediary. (a) Removal. Securities Intermediary may be removed at any time by written notice given by Secured Party to Securities Intermediary and Pledgor, but such removal shall not become effective until a successor Securities Intermediary shall have been appointed by Secured Party and shall have accepted such appointment in writing.
Appears in 33 contracts
Samples: Securities Account Control Agreement (Toyota Auto Receivables 2024-D Owner Trust), Securities Account Control Agreement (Toyota Auto Receivables 2024-D Owner Trust), Securities Account Control Agreement (Toyota Auto Receivables 2024-C Owner Trust)
