Successor Servicer and Administrator. The Issuer shall undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's rights and powers pursuant to Section 8.2 of the Trust Sale and Servicing Agreement, to enforce the provisions of Sections 8.2, 8.3 and 8.4 of the Trust Sale and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii), become the successor Administrator hereunder.
Appears in 7 contracts
Samples: Administration Agreement (Ace Securities Corp), Administration Agreement (Goldman Sachs Asset Backed Securities Corp), Administration Agreement (Gs Mortgage Securities Corp)
Successor Servicer and Administrator. The Issuer shall undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's rights and powers pursuant to Section 8.2 8.02 of the Trust Sale Pooling and Servicing Agreement, to enforce the provisions of Sections 8.28.02, 8.3 8.03 and 8.4 8.04 of the Trust Sale Pooling and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii), become the successor Administrator hereunder.
Appears in 6 contracts
Samples: Administration Agreement (Navistar Financial Retail Receivables Corporation), Administration Agreement (Navistar Financial Retail Receivables Corporation), Administration Agreement (Navistar Financial Retail Receivables Corporation)
Successor Servicer and Administrator. The Issuer shall undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's ’s rights and powers pursuant to Section 8.2 of the Trust Sale and Servicing Agreement, to enforce the provisions of Sections 8.2, 8.3 and 8.4 of the Trust Sale and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii), become the successor Administrator hereunder.
Appears in 5 contracts
Samples: Administration Agreement (Superior Wholesale Inventory Financing Trust Xi), Administration Agreement (Superior Wholesale Inventory Financing Trust Xii), Administration Agreement (Wholesale Auto Receivables Corp)
Successor Servicer and Administrator. The Issuer shall undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's ’s rights and powers pursuant to Section 8.2 7.1 of the Trust Sale and Servicing Agreement, to enforce the provisions of Sections 8.2, 8.3 7.1 and 8.4 7.2 of the Trust Sale and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii)) hereof, become the successor Administrator hereunder.
Appears in 1 contract
Samples: Administration Agreement (Volkswagen Credit Auto Master Owner Trust)
Successor Servicer and Administrator. The Issuer shall undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's rights and powers pursuant to Section 8.2 7.1 of the Trust Sale and Servicing Agreement, to enforce the provisions of Sections 8.2, 8.3 7.1 and 8.4 7.2 of the Trust Sale and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii), become the successor Administrator hereunder.
Appears in 1 contract
Samples: Administration Agreement (Wodfi LLC)
Successor Servicer and Administrator. The Issuer shall ------------------------------------ undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's rights and powers pursuant to Section 8.2 7.1 of the Trust Sale and Servicing Agreement, to enforce the provisions of Sections 8.2, 8.3 7.1 and 8.4 7.2 of the Trust Sale and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii), become the successor Administrator hereunder.
Appears in 1 contract
Samples: Administration Agreement (Volkswagen Dealer Finance LLC)
Successor Servicer and Administrator. The Issuer shall undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's rights and powers pursuant to Section 8.2 8.02 of the Trust Sale Pooling and Servicing Agreement, to cause the other parties thereto to enforce the provisions of Sections 8.28.02, 8.3 8.03 and 8.4 8.04 of the Trust Sale Pooling and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii), become the successor Administrator hereunder.
Appears in 1 contract
Samples: Administration Agreement (Alliance Laundry Holdings LLC)
Successor Servicer and Administrator. The Issuer shall undertake, ------------------------------------ as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's rights and powers pursuant to Section 8.2 8.02 of the Trust Sale Pooling and Servicing Agreement, to enforce the provisions of Sections 8.28.02, 8.3 8.03 and 8.4 8.04 of the Trust Sale Pooling and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii), become the successor Administrator hereunder.
Appears in 1 contract
Samples: Administration Agreement (Navistar Financial Retail Receivables Corporation)
Successor Servicer and Administrator. The Issuer shall undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's rights and powers pursuant to Section 8.2 8.02 of the Trust Sale Pooling and Servicing Agreement, to enforce the provisions of Sections 8.28.02, 8.3 8.03 and 8.4 8.04 of the Trust Sale Pooling and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, ,. upon compliance with Sections 10(e)(ii) and (iii), become the successor Administrator hereunder.
Appears in 1 contract
Samples: Administration Agreement (Navistar Financial Retail Receivables Corporation)
Successor Servicer and Administrator. The Issuer shall undertake, ------------------------------------ as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's rights and powers pursuant to Section 8.2 7.02 of the Trust Sale and Servicing Agreement, to enforce the provisions of Sections 8.27.02, 8.3 7.03 and 8.4 7.04 of the Trust Sale and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii), become the successor Administrator hereunder.
Appears in 1 contract
Samples: Administration Agreement (Navistar Financial Retail Receivables Corporation)
Successor Servicer and Administrator. The Issuer shall undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's rights and powers pursuant to Section SECTION 8.2 of the Trust Sale and Servicing Agreement, to enforce the provisions of Sections SECTIONS 8.2, 8.3 and AND 8.4 of the Trust Sale and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(iiSECTIONS 10(E)(II) and AND (iiiIII), become the successor Administrator hereunder.. admin-v5.fin
Appears in 1 contract
Samples: Administration Agreement (Wholesale Auto Receivables Corp)
Successor Servicer and Administrator. The Issuer shall undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's ’s rights and powers pursuant to Section 8.2 9.02 of the Trust Sale Pooling and Servicing Agreement, to cause the other parties thereto to enforce the provisions of Sections 8.29.02, 8.3 9.03 and 8.4 9.04 of the Trust Sale Pooling and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii)) of this Agreement, become the successor Administrator hereunder.
Appears in 1 contract
Samples: Administration Agreement (Alliance Laundry Systems LLC)
Successor Servicer and Administrator. The Issuer shall undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's rights and powers pursuant to Section 8.2 7.02 of the Trust Sale and Servicing Agreement, to enforce the provisions of Sections 8.27.02, 8.3 7.03 and 8.4 7.04 of the Trust Sale and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii10(e)(iii), become the successor Administrator hereunder.
Appears in 1 contract
Samples: Administration Agreement (Capital Auto Receivables Asset Trust 2006-1)
Successor Servicer and Administrator. The Issuer shall undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's ’s rights and powers pursuant to Section 8.2 9.02 of the Trust Sale Pooling and Servicing Agreement, to cause the other parties thereto to enforce the provisions of Sections 8.29.02, 8.3 9.03 and 8.4 9.04 of the Trust Sale Pooling and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii), become the successor Administrator hereunder.
Appears in 1 contract
Samples: Administration Agreement (Alliance Laundry Systems LLC)
Successor Servicer and Administrator. The Issuer shall undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's rights and powers pursuant to Section 8.2 7.02 of the Trust Sale and Servicing Agreement, to enforce the provisions of Sections 8.27.02, 8.3 7.03 and 8.4 7.04 of the Trust Sale and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii), become the successor Administrator hereunder.. 8 9
Appears in 1 contract
Samples: Administration Agreement (Central Originating Lease Trust)
Successor Servicer and Administrator. The Issuer shall undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's rights and powers pursuant to Section 8.2 9.02 of the Trust Sale Pooling and Servicing Agreement, to cause the other parties thereto to enforce the provisions of Sections 8.29.02, 8.3 9.03 and 8.4 9.04 of the Trust Sale Pooling and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii), become the successor Administrator hereunder.
Appears in 1 contract
Successor Servicer and Administrator. The Issuer shall undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's rights and powers pursuant to Section 8.2 7.1 of the Trust Sale and Servicing Agreement, to enforce the provisions of Sections 8.2, 8.3 7.1 and 8.4 7.2 of the Trust Sale and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii)) hereof, become the successor Administrator hereunder.
Appears in 1 contract
Samples: Administration Agreement (Volkswagen Dealer Finance LLC)
Successor Servicer and Administrator. The Issuer shall ------------------------------------ undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's rights and powers pursuant to Section 8.2 8.1 of the Trust Sale and Servicing Agreement, to enforce the provisions of Sections 8.28.1, 8.3 8.2 and 8.4 of the Trust Sale and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii), become the successor Administrator hereunder.
Appears in 1 contract
Successor Servicer and Administrator. The Issuer shall undertake, as promptly as possible after the giving of notice of termination to the Servicer of the Servicer's rights and powers pursuant to Section 8.2 8.1 of the Trust Sale and Servicing Agreement, to enforce the provisions of Sections 8.28.1, 8.3 8.2 and 8.4 of the Trust Sale and Servicing Agreement with respect to the appointment of a successor Servicer. Such successor Servicer shall, upon compliance with Sections 10(e)(ii) and (iii), become the successor Administrator hereunder.
Appears in 1 contract
