Common use of Termination of Servicing Supplement Clause in Contracts

Termination of Servicing Supplement. This 20[•]-[•] Servicing Supplement shall terminate upon the earlier to occur of (i) the termination of the 20[•]-[•] Series or (ii) with respect to the Servicer, but not as to the applicable successor Servicer, the resignation or removal of the Servicer with respect to the 20[•]-[•] Series in accordance with the terms of the Servicing Agreement. Any such termination hereunder shall effect a termination only with respect to the 20[•]-[•] Series Assets and not as to Titling Company Assets allocated to any Other Series, and shall not effect a termination of the Titling Company Servicing Agreement or any other supplement to the Titling Company Servicing Agreement.

Appears in 4 contracts

Samples: Servicing Supplement (Nissan-Infiniti Lt LLC), Servicing Supplement (Nissan Auto Leasing LLC Ii), Servicing Supplement (Nissan Auto Leasing LLC Ii)

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Termination of Servicing Supplement. This 20[•]-[•] 2024-A Servicing Supplement shall terminate upon the earlier to occur of (i) the termination of the 20[•]-[•] 2024-A Series or (ii) with respect to the Servicer, but not as to the applicable successor Servicer, the resignation or removal of the Servicer with respect to the 20[•]-[•] 2024-A Series in accordance with the terms of the Servicing Agreement. Any such termination hereunder shall effect a termination only with respect to the 20[•]-[•] 2024-A Series Assets and not as to Titling Company Assets allocated to any Other Series, and shall not effect a termination of the Titling Company Servicing Agreement or any other supplement to the Titling Company Servicing Agreement.

Appears in 2 contracts

Samples: Servicing Supplement (Nissan Auto Lease Trust 2024-A), Servicing Supplement (Nissan Auto Lease Trust 2024-A)

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Termination of Servicing Supplement. This 20[•]-[•] 2024-B Servicing Supplement shall terminate upon the earlier to occur of (i) the termination of the 20[•]-[•] 2024-B Series or (ii) with respect to the Servicer, but not as to the applicable successor Servicer, the resignation or removal of the Servicer with respect to the 20[•]-[•] 2024-B Series in accordance with the terms of the Servicing Agreement. Any such termination hereunder shall effect a termination only with respect to the 20[•]-[•] 2024-B Series Assets and not as to Titling Company Assets allocated to any Other Series, and shall not effect a termination of the Titling Company Servicing Agreement or any other supplement to the Titling Company Servicing Agreement.. 11 (NALT 2024-B Series Servicing Supplement)

Appears in 2 contracts

Samples: Servicing Supplement (Nissan Auto Lease Trust 2024-B), Servicing Supplement (Nissan Auto Lease Trust 2024-B)

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