Servicer Transfer. (a) If a Servicer Default has occurred and is continuing, (x) the Required 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 management, administrative, servicing, custodial and collection functions.
Appears in 6 contracts
Samples: Transfer and Servicing Agreement (Orix Credit Alliance Receivables Trust 2000-A), Sale and Servicing Agreement (Heller Funding Corp Ii), Transfer and Servicing Agreement (Greatamerica Leasing Receivables 2000-1 LLC)
Servicer Transfer. (a) If a Servicer Default has occurred and is continuing, (x) the Required Holders, or (y) the Indenture Trustee Trustee, may, by written notice (a "“Termination Notice"”) delivered to the parties heretohereto and the Rating Agencies, terminate all (but not less than all) of the Servicer's ’s management, administrative, servicing, custodial and collection functions.
Appears in 3 contracts
Samples: Transfer and Servicing Agreement (American Capital Strategies LTD), Transfer and Servicing Agreement (American Capital Strategies LTD), Transfer and Servicing Agreement (American Capital Strategies LTD)
Servicer Transfer. (a) If a Servicer Default has occurred and is continuing, (x) the Required Holders, or (y) the Indenture Trustee 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.
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (American Capital Strategies LTD), Transfer and Servicing Agreement (American Capital Strategies LTD)
Servicer Transfer. (a) If a Servicer Default has occurred and is continuing, (x) the Required Holders, or (y) the Indenture Trustee may, by written notice (a "Termination NoticeTERMINATION NOTICE") delivered to the parties hereto, terminate all (but not less than all) of the Servicer's management, administrative, servicing, custodial rights and collection functionsobligations under this Agreement.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Newcourt Receivables Corp Ii), Sale and Servicing Agreement (Newcourt Receivables Corp Ii)
Servicer Transfer. (a) If a Servicer Default has occurred and is continuing, (x) the Required Holders, or (y) the Indenture Trustee may, by written notice (a "Termination NoticeTERMINATION NOTICE") delivered to the parties hereto, terminate all (but not less than all) of the Servicer's management, administrative, servicing, custodial and collection functions.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Heller Funding Corp), Acas Transfer Agreement (American Capital Strategies LTD)
Servicer Transfer. (a) If a Servicer Default has occurred and is continuing, (x) the Required Holders, or (y) the Indenture Trustee Trustee, may, by written notice (a "“Termination Notice"”) delivered to the parties hereto, with a copy to Xxxxx’x, terminate all (but not less than all) of the Servicer's ’s management, administrative, servicing, custodial and collection functions.
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (American Capital Strategies LTD), Transfer and Servicing Agreement (American Capital Strategies LTD)
Servicer Transfer. (a) If a Servicer Default has occurred and is continuing, (x) the Required 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 management, administrative, servicing, custodial and collection functions.
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Greatamerica Leasing Receivables 2002-1 LLC), Transfer and Servicing Agreement (Greatamerica Leasing Receivables 2001-1 LLC)
Servicer Transfer. (a) If a Servicer Default has occurred and is continuing, (x) the Required 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 management, administrative, servicing, custodial servicing and collection functions.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Fidelity Leasing Inc)
Servicer Transfer. (a) If a Servicer Default has occurred and is continuing, (x) the Required Holders, or (y) the Indenture Trustee Majority Noteholders may, by written notice (a "“Termination Notice"”) delivered to the parties heretohereto and to the Rating Agencies, terminate all (but not less than all) of the Servicer's ’s management, administrative, servicing, custodial and collection functionsfunctions as Servicer hereunder.
Appears in 1 contract
Samples: Sale and Servicing Agreement (NewStar Financial, Inc.)
Servicer Transfer. (a) If a Servicer Default has occurred and is continuing, (x) the Required Holders, or (y) the Indenture Trustee Noteholders may, by written notice (a "“Termination Notice"”) delivered to the parties heretoIndenture Trustee, the Issuer and the Deal Agent, terminate all (but not less than all) of the Servicer's ’s management, administrative, servicing, custodial and collection functions; provided that no Termination Notice shall be required with respect to any Servicer Default described under Section 8.01(d) and Section 8.01(e).
Appears in 1 contract
Samples: Sale and Servicing Agreement (Golub Capital BDC LLC)
Servicer Transfer. (a) If a Servicer Default has occurred and is continuing, (x) the Required Holders, or (y) the Indenture Trustee Trustee, may, by written notice (a "Termination Notice") delivered to the parties hereto, with a copy to Xxxxx'x, terminate all (but not less than all) of the Servicer's management, administrative, servicing, custodial and collection functions.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (American Capital Strategies LTD)
