Common use of Service Transfer Clause in Contracts

Service Transfer. (a) If an Event of Termination has occurred and is continuing and has not been waived pursuant to Section 8.02, (x) the Required Holders or (y) the Indenture Trustee may, by written notice delivered to the parties hereto, terminate all (but not less than all) of the Servicer’s management, administrative, servicing, custodial and collection functions hereunder (such termination being herein called a “Service Transfer”).

Appears in 30 contracts

Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2011-2), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2011-2), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2011-1)

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Service Transfer. (a) If an Event of Termination has occurred and is continuing and has not been waived pursuant to Section 8.02, (xi) the Required Holders or (yii) the Indenture Trustee may, by written notice delivered to the parties hereto, terminate all (but not less than all) of the Servicer’s management, administrative, servicing, custodial and collection functions hereunder (such termination being herein called a “Service Transfer”).

Appears in 12 contracts

Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2015-2), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2015-2), Sale and Servicing Agreement (Harley-Davidson Customer Funding Corp.)

Service Transfer. (a) If an Event of Termination has occurred and is continuing and has not been waived pursuant to Section 8.02, (x) the Required Holders or (y) the Indenture Trustee may, by written notice delivered to the parties hereto, terminate all (but not less than all) of the Servicer’s 's management, administrative, servicing, custodial and collection functions hereunder (such termination being herein called a “Service Transfer”"SERVICE TRANSFER").

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Harley Davidson Customer Funding Corp), Sale and Servicing Agreement (Harley Davidson Customer Funding Corp), Sale and Servicing Agreement (Harley Davidson Customer Funding Corp)

Service Transfer. (a) If an Event of Termination has occurred and is continuing and has not been waived pursuant to Section 8.02, (x) the Required Holders or (y) the Indenture Trustee may, by written notice delivered to the parties hereto, terminate all (but not 52 less than all) of the Servicer’s 's management, administrative, servicing, custodial and collection functions hereunder (such termination being herein called a “Service Transfer”"SERVICE TRANSFER").

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Harley Davidson Customer Funding Corp), Sale and Servicing Agreement (Harley Davidson Customer Funding Corp)

Service Transfer. (a) If an Event of Termination has occurred and is continuing and has not been waived pursuant to Section 8.02, (x) the Required Holders or (y) the Indenture Trustee may, by written notice delivered to the parties hereto, terminate all (but not less than all) of the Servicer’s management, administrative, servicing, custodial and collection functions hereunder (such termination being herein called a “Service Transfer”).

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Harley Davidson Customer Funding Corp), Sale and Servicing Agreement (Harley Davidson Customer Funding Corp)

Service Transfer. (a) If an Event of Termination has occurred and is continuing and has not been waived pursuant to Section 8.02, (x) the Required Holders or (y) the Indenture Trustee may, by written notice delivered to the parties hereto, terminate all (but not less than all) of the Servicer’s 's management, administrative, servicing, custodial and collection functions hereunder (such termination being herein called a “Service Transfer”"SERVICE TRANSFER").

Appears in 1 contract

Samples: Sale and Servicing Agreement (Harley Davidson Customer Funding Corp)

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Service Transfer. (a) If an Event of Termination has occurred and is continuing and has not been waived pursuant to Section SECTION 8.02, (x) the Required Holders or (y) the Indenture Trustee may, by written notice delivered to the parties hereto, terminate all (but not less than all) of the Servicer’s 's management, administrative, servicing, custodial and collection functions hereunder (such termination being herein called a “Service Transfer”"SERVICE TRANSFER").

Appears in 1 contract

Samples: Sale and Servicing Agreement (Harley Davidson Customer Funding Corp)

Service Transfer. (a) If an Event of Termination has occurred and is continuing and has not been waived pursuant to Section 8.02, (x) the Required Holders or (y) the Indenture Trustee may, by written notice delivered to the parties hereto, terminate all (but not less than all) of the Servicer’s 's management, administrative, servicing, custodial and collection functions hereunder (such termination being herein called a "Service Transfer").

Appears in 1 contract

Samples: Sale and Servicing Agreement (Harley Davidson Customer Funding Corp)

Service Transfer. (a) If an Event of Termination a Servicer Default has occurred and is continuing and has not been waived pursuant to Section 8.02continuing, (x) the Required Holders Holders, or (y) the Indenture Trustee may, by written notice (a "Termination Notice") delivered to the parties hereto, terminate all (but not less than all) of the Servicer’s 's management, administrative, servicing, custodial and collection functions hereunder (such termination being herein called a “Service Transfer”)functions.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Heller Funding Corp)

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