Common use of Servicer Defaults Clause in Contracts

Servicer Defaults. Each of the following shall constitute a “Servicer Default”:

Appears in 19 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2024-2), Servicing Agreement (Ally Auto Receivables Trust 2024-2), Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2014-3)

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Servicer Defaults. Each of the following shall constitute a “"Servicer Default”":

Appears in 10 contracts

Samples: Trust Sale and Servicing Agreement (Capital Auto Receivables Inc), Pooling and Servicing Agreement (Alliance Laundry Corp), Trust Sale and Servicing Agreement (Capital Auto Receivables Inc)

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