Common use of Surrender of Note Policy Clause in Contracts

Surrender of Note Policy. The Trustee shall surrender the Note Policy to the Insurer for cancellation upon payment in full of the Notes.

Appears in 16 contracts

Samples: Sale and Servicing Agreement (Americredit Automobile Receivables Trust 2004-B-M), Sale and Servicing Agreement (Americredit Automobile Receivables Trust 2003-B-X), Sale and Servicing Agreement (United Pan Am Financial Corp)

AutoNDA by SimpleDocs

Surrender of Note Policy. The Trustee shall surrender the Note Policy to the Insurer for cancellation upon payment the expiration of such policy in full of accordance with the Notesterms thereof.

Appears in 16 contracts

Samples: Sale and Servicing Agreement (AFS SenSub Corp.), Sale and Servicing Agreement (AmeriCredit Automobile Receivables Trust 2004-D-F), Sale and Servicing Agreement (AmeriCredit Automobile Receivables Trust 2008-a-F)

Surrender of Note Policy. The Trustee shall surrender the Note Policy to the Note Insurer for cancellation upon payment the expiration of such policy in full of accordance with the Notesterms thereof.

Appears in 12 contracts

Samples: Sale and Servicing Agreement (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc)

Surrender of Note Policy. The Indenture Trustee shall will surrender the Note Policy to the Insurer for cancellation upon payment the expiration of such policy in full of accordance with the Notesterms thereof.

Appears in 7 contracts

Samples: Sale and Servicing Agreement (Triad Financial Special Purpose LLC), Sale and Servicing Agreement (Triad Financial Special Purpose LLC), Sale and Servicing Agreement (Triad Financial Special Purpose LLC)

Surrender of Note Policy. The Indenture Trustee shall will surrender the Note Policy to the Insurer for cancellation upon payment the expiration of such policy in full of accordance with the Notesterms thereof.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Triad Automobile Receivables Trust 2003-B), Sale and Servicing Agreement (Triad Automobile Receivables Trust 2005-A), Sale and Servicing Agreement (Triad Automobile Receivables Trust 2004-A)

Surrender of Note Policy. The Indenture Trustee shall surrender the Note Policy to the Insurer for cancellation upon payment in full the expiration of the NotesNote Policy in accordance with the terms of the Note Policy.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2007-2), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2007-3), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2007-1)

Surrender of Note Policy. The Trustee shall surrender (or cause the Trust Collateral Agent to surrender) the Note Policy to the Insurer for cancellation upon payment the expiration of such policy in full of accordance with the Notesterms thereof.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (AmeriCredit Automobile Receivables Trust 2010-B), Sale and Servicing Agreement (AmeriCredit Automobile Receivables Trust 2010-A)

Surrender of Note Policy. The Trustee shall will surrender the Note Policy to the Insurer for cancellation upon payment the expiration of such policy in full of accordance with the Notesterms thereof.

Appears in 1 contract

Samples: Sale and Servicing Agreement (AmeriCredit Automobile Receivables Trust 2004-C-A)

AutoNDA by SimpleDocs

Surrender of Note Policy. [The Trustee shall surrender the Note Policy to the Insurer for cancellation upon payment the expiration of such policy in full of accordance with the Notesterms thereof.]

Appears in 1 contract

Samples: Sale and Servicing Agreement (AFS Funding Trust)

Surrender of Note Policy. The Indenture Trustee shall will surrender the Note Policy to the Insurer for cancellation upon payment the expiration of such policy in full of accordance with the Notesterms thereof.]

Appears in 1 contract

Samples: Sale and Servicing Agreement (Triad Financial Special Purpose LLC)

Surrender of Note Policy. The Indenture Trustee shall will surrender the Note Policy to the Insurer for cancellation upon payment the expiration of such Note Policy in full of accordance with the Notesterms thereof.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Bond Securitization LLC)

Surrender of Note Policy. The Indenture Trustee shall will surrender the Note Policy to the Insurer for cancellation upon payment the expiration of such policy in full of accordance with the Notesterms thereof.]

Appears in 1 contract

Samples: Sale and Servicing Agreement (Triad Financial Special Purpose LLC)

Surrender of Note Policy. The Trustee shall surrender the Note Policy to the Note Insurer for cancellation upon payment the expiration of such policy in full of accordance with the Notesterms thereof.]

Appears in 1 contract

Samples: Sale and Servicing Agreement (Consumer Portfolio Services Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!