Common use of Servicing Termination Clause in Contracts

Servicing Termination. Section 6.01 Events of Servicing Termination..........................................................39 Section 6.02 Indenture Trustee to Act; Appointment of Successor.......................................41 Section 6.03 Notification to Noteholders and the Transferor...........................................42 ARTICLE VII EXCHANGE ACT REPORTING Section 7.01 Filing Obligations.......................................................................43 Section 7.02 Form 10-D Filings........................................................................43 Section 7.03 Form 8-K Filings.........................................................................44 Section 7.04 Form 10-K Filings........................................................................44 Section 7.05 Sarbanes-Oxley Certification.............................................................45 Section 7.06 Form 15 Filing...........................................................................45 Section 7.07 Report on Assessment of Compliance and Attestation.......................................45 Section 7.08 Use of Subservicers and Subcontractors...................................................47 Section 7.09 Amendments...............................................................................48

Servicing Termination. 47 Section 6.01 6.01. Events of Servicing Termination..........................................................39 .............................................................. 47 Section 6.02 6.02. Indenture Trustee to Act; Appointment of Successor.......................................41 ........................................... 50 Section 6.03 6.03. Notification to Noteholders and the Transferor...........................................42 Residual Certificateholders.................................. 51 ARTICLE VII EXCHANGE ACT REPORTING Termination........................................................................................... 52 Section 7.01 Filing Obligations.......................................................................43 7.01. Termination.................................................................................. 52 ARTICLE VIII Administrative Duties of the Servicer................................................................ 53 Section 7.02 Form 10-D Filings........................................................................43 8.01. Administrative Duties........................................................................ 53 Section 7.03 Form 8-K Filings.........................................................................44 8.02. Records...................................................................................... 55 Section 7.04 Form 10-K Filings........................................................................44 Section 7.05 Sarbanes-Oxley Certification.............................................................45 Section 7.06 Form 15 Filing...........................................................................45 Section 7.07 Report on Assessment of Compliance and Attestation.......................................45 Section 7.08 Use of Subservicers and Subcontractors...................................................47 Section 7.09 Amendments...............................................................................488.03. Additional Information to be Furnished to the Issuer......................................... 55

Servicing Termination. 37 Section 6.01 6.01. Events of Servicing Termination..........................................................39 .............................................................37 Section 6.02 6.02. Indenture Trustee to Act; Appointment of Successor.......................................41 ..........................................39 Section 6.03 6.03. Notification to Noteholders and the Transferor...........................................42 Securityholders.............................................................40 ARTICLE VII EXCHANGE ACT REPORTING TERMINATION..........................................................................................40 Section 7.01 Filing Obligations.......................................................................43 Section 7.02 Form 10-D Filings........................................................................43 Section 7.03 Form 8-K Filings.........................................................................44 Section 7.04 Form 10-K Filings........................................................................44 Section 7.05 Sarbanes-Oxley Certification.............................................................45 Section 7.06 Form 15 Filing...........................................................................45 Section 7.07 Report on Assessment of Compliance and Attestation.......................................45 Section 7.08 Use of Subservicers and Subcontractors...................................................47 Section 7.09 Amendments...............................................................................487.01. Termination.................................................................................40

Servicing Termination. 42 Section 6.01 6.01. Events of Servicing Termination..........................................................39 ................................................................42 Section 6.02 Indenture 6.02. Trustee to Act; Appointment of Successor.......................................41 .......................................................44 Section 6.03 6.03. Notification to Noteholders Securityholders and the Transferor...........................................42 Residual Certificateholders................................45 ARTICLE VII EXCHANGE ACT REPORTING Section 7.01 Filing Obligations.......................................................................43 Section 7.02 Form 10-D Filings........................................................................43 Section 7.03 Form 8-K Filings.........................................................................44 Section 7.04 Form 10-K Filings........................................................................44 Section 7.05 Sarbanes-Oxley Certification.............................................................TERMINATION..........................................................................................45 Section 7.06 Form 15 Filing...........................................................................7.01. Termination....................................................................................45 Section 7.07 Report on Assessment of Compliance and Attestation.......................................45 Section 7.08 Use of Subservicers and Subcontractors...................................................ARTICLE VIII ADMINISTRATIVE DUTIES OF THE SERVICER...............................................................47 Section 7.09 Amendments...............................................................................488.01. Administrative Duties..........................................................................47 Section 8.02. Records........................................................................................49 Section 8.03. Additional Information to be Furnished to the Issuer...........................................49

Servicing Termination. Section 6.01 42 section 6.01. Events of Servicing Termination..........................................................39 ............................................ 42 Section 6.02 6.02. Indenture Trustee to Act; Appointment of Successor.......................................41 ......................... 44 Section 6.03 6.03. Notification to Noteholders Bondholders and the Transferor...........................................42 Residual Certificateholders................ 45 ARTICLE VII EXCHANGE ACT REPORTING TERMINATION.............................................................................. 46 Section 7.01 Filing Obligations.......................................................................43 Section 7.02 Form 10-D Filings........................................................................43 Section 7.03 Form 8-K Filings.........................................................................44 Section 7.04 Form 10-K Filings........................................................................44 Section 7.05 Sarbanes-Oxley Certification.............................................................45 Section 7.06 Form 15 Filing...........................................................................45 Section 7.07 Report on Assessment of Compliance and Attestation.......................................45 Section 7.08 Use of Subservicers and Subcontractors...................................................7.01. Termination................................................................ 46 ARTICLE VIII ADMINISTRATIVE DUTIES OF THE SERVICER................................................... 47 Section 7.09 Amendments...............................................................................488.01. Administrative Duties...................................................... 47 Section 8.02. Records.................................................................... 49 Section 8.03. Additional Information to be Furnished to the Issuer....................... 49

Servicing Termination. 41 Section 6.01 6.01. Events of Servicing Termination..........................................................39 .....................41 Section 6.02 6.02. Indenture Trustee to Act; Appointment of Successor.......................................41 ..45 Section 6.03 6.03. Notification to Noteholders and the Transferor...........................................42 Residual Certificateholders..................................46 ARTICLE VII EXCHANGE ACT REPORTING TERMINATION.......................................................46 Section 7.01 Filing Obligations.......................................................................43 Section 7.02 Form 10-D Filings........................................................................43 Section 7.03 Form 8-K Filings.........................................................................44 Section 7.04 Form 10-K Filings........................................................................44 Section 7.05 Sarbanes-Oxley Certification.............................................................45 Section 7.06 Form 15 Filing...........................................................................45 Section 7.07 Report on Assessment of Compliance and Attestation.......................................45 Section 7.08 Use of Subservicers and Subcontractors...................................................7.01. Termination.........................................46 ARTICLE VIII ADMINISTRATIVE DUTIES OF THE SERVICER............................47 Section 7.09 Amendments...............................................................................488.01. Administrative Duties...............................47 Section 8.02. Records.............................................49 Section 8.03. Additional Information to be Furnished to the Issuer..............................................49

Servicing Termination. Section 6.01 31 SECTION 7.1 Events of Servicing Termination..........................................................39 Section 6.02 Indenture Trustee to Act; ............................................................31 SECTION 7.2 Appointment of Successor.......................................41 Section 6.03 Successor Servicer..........................................................33 SECTION 7.3 Repayment of Advances......................................................................34 SECTION 7.4 Notification to Noteholders and the Transferor...........................................42 Certificateholders.........................................34 SECTION 7.5 Waiver of Past Events of Servicing Termination.............................................34 ARTICLE VII EXCHANGE ACT REPORTING Section 7.01 Filing Obligations.......................................................................43 Section 7.02 Form 10-D Filings........................................................................43 Section 7.03 Form 8-K Filings.........................................................................44 Section 7.04 Form 10-K Filings........................................................................44 Section 7.05 Sarbanes-Oxley Certification.............................................................45 Section 7.06 Form 15 Filing...........................................................................45 Section 7.07 Report on Assessment VIII TERMINATION.....................................................................................34 SECTION 8.1 Optional Purchase of Compliance All Receivables.......................................................34 SECTION 8.2 Succession Upon Satisfaction and Attestation.......................................45 Section 7.08 Use Discharge of Subservicers and Subcontractors...................................................47 Section 7.09 Amendments...............................................................................48Indenture....................................35

Servicing Termination. 41 Section 6.01 6.01. Events of Servicing Termination..........................................................39 ........................................................41 Section 6.02 6.02. Indenture Trustee to Act; Appointment of Successor.......................................41 .....................................45 Section 6.03 6.03. Notification to Noteholders and the Transferor...........................................42 Residual Certificateholders............................46 ARTICLE VII EXCHANGE ACT REPORTING TERMINATION..........................................................................................46 Section 7.01 Filing Obligations.......................................................................43 Section 7.02 Form 10-D Filings........................................................................43 Section 7.03 Form 8-K Filings.........................................................................44 Section 7.04 Form 10-K Filings........................................................................44 Section 7.05 Sarbanes-Oxley Certification.............................................................45 Section 7.06 Form 15 Filing...........................................................................45 Section 7.07 Report on Assessment of Compliance and Attestation.......................................45 Section 7.08 Use of Subservicers and Subcontractors...................................................7.01. Termination............................................................................46 ARTICLE VIII ADMINISTRATIVE DUTIES OF THE SERVICER...............................................................47 Section 7.09 Amendments...............................................................................488.01. Administrative Duties..................................................................47 Section 8.02. Records................................................................................49 Section 8.03. Additional Information to be Furnished to the Issuer...................................49

Servicing Termination. Section 6.01 32 SECTION 7.1 Events of Servicing Termination..........................................................39 Section 6.02 Indenture Trustee to Act; ............................................................32 SECTION 7.2 Appointment of Successor.......................................41 Section 6.03 Successor Servicer..........................................................33 SECTION 7.3 Repayment of Advances......................................................................34 SECTION 7.4 Notification to Noteholders and the Transferor...........................................42 Certificateholders.........................................34 SECTION 7.5 Waiver of Past Events of Servicing Termination.............................................35 ARTICLE VII EXCHANGE ACT REPORTING Section 7.01 Filing Obligations.......................................................................43 Section 7.02 Form 10-D Filings........................................................................43 Section 7.03 Form 8-K Filings.........................................................................44 Section 7.04 Form 10-K Filings........................................................................44 Section 7.05 Sarbanes-Oxley Certification.............................................................45 Section 7.06 Form 15 Filing...........................................................................45 Section 7.07 Report on Assessment VIII TERMINATION................................................................................35 SECTION 8.1 Optional Purchase of Compliance All Receivables.......................................................35 SECTION 8.2 Succession Upon Satisfaction and Attestation.......................................45 Section 7.08 Use Discharge of Subservicers and Subcontractors...................................................47 Section 7.09 Amendments...............................................................................48Indenture....................................35