Transition and Expenses. If the Asset Representations Reviewer resigns or is removed, it will cooperate with the Issuer and the Servicer and take all actions reasonably requested to assist the Issuer in making an orderly transition of its rights and obligations under this Agreement to the successor Asset Representations Reviewer. The Asset Representations Reviewer will pay the reasonable expenses of transitioning its obligations under this Agreement and preparing the successor Asset Representations Reviewer to take on the obligations on receipt of an invoice with reasonable detail of the expenses from the Issuer and the Servicer or the successor Asset Representations Reviewer.
Appears in 24 contracts
Samples: Asset Representations (Mercedes-Benz Auto Lease Trust 2024-B), Asset Representations (Mercedes-Benz Auto Lease Trust 2024-B), Review Agreement (Mercedes-Benz Auto Lease Trust 2024-A)
Transition and Expenses. If the Asset Representations Reviewer resigns or is removed, it will cooperate with the Issuer Issuer, the Servicer and the Servicer Administrator and take all actions reasonably requested to assist the Issuer in making an orderly transition of its the Asset Representations Reviewer’s rights and obligations under this Agreement to the successor Asset Representations Reviewer. The Asset Representations Reviewer will pay the reasonable expenses of transitioning its obligations under this Agreement and preparing the successor Asset Representations Reviewer to take on the obligations on receipt of an invoice with reasonable detail of the expenses from the Issuer and Issuer, the Servicer Servicer, the Administrator or the successor Asset Representations Reviewer.
Appears in 11 contracts
Samples: Asset Representations Review Agreement (Mercedes-Benz Auto Receivables Trust 2024-1), Asset Representations Review Agreement (Mercedes-Benz Auto Receivables Trust 2024-1), Agreement (Mercedes-Benz Auto Receivables Trust 2023-1)
Transition and Expenses. If the Asset Representations Reviewer resigns or is removed, it the Asset Representations Reviewer will cooperate with the Issuer and the Servicer Trust and take all actions reasonably requested to assist the Issuer Trust in making an orderly transition of its the Asset Representations Reviewer’s rights and obligations under this Agreement to the successor Asset Representations Reviewer. The Asset Representations Reviewer will pay the reasonable expenses of transitioning its obligations under this Agreement and preparing the successor Asset Representations Reviewer to take on the obligations on receipt of an invoice with reasonable detail of the expenses from the Issuer and the Servicer or the successor Asset Representations Reviewer.
Appears in 6 contracts
Samples: Asset Representations Review Agreement (Verizon Master Trust), Asset Representations Review Agreement (Verizon Master Trust), Asset Representations Review Agreement (Verizon Master Trust)
Transition and Expenses. If the Asset Representations Reviewer resigns or is removed, it will cooperate with the Issuer Issuer, the Servicer and the Servicer Administrator and take all actions reasonably requested to assist the Issuer in making an orderly transition of its rights and obligations under this Agreement to the successor Asset Representations Reviewer. The Asset Representations Reviewer will pay the reasonable expenses of transitioning its obligations under this Agreement and preparing the successor Asset Representations Reviewer to take on the obligations on receipt of an invoice with reasonable detail of the expenses from the Issuer and Issuer, the Servicer Servicer, the Administrator or the successor Asset Representations Reviewer.
Appears in 2 contracts
Samples: Daimler Trucks (Daimler Trucks Retail Trust 2024-1), Agreement (Daimler Trucks Retail Trust 2024-1)
Transition and Expenses. If the Asset Representations Reviewer resigns or is removed, it the Asset Representations Reviewer will cooperate with the Issuer and the Servicer and take all actions reasonably requested to assist the Issuer in making an orderly transition of its the Asset Representations Reviewer’s rights and obligations under this Agreement to the successor Asset Representations Reviewer. The Asset Representations Reviewer will pay the reasonable expenses of transitioning its obligations under this Agreement and preparing the successor Asset Representations Reviewer to take on the obligations on receipt of an invoice with reasonable detail of the expenses from the Issuer and the Servicer or the successor Asset Representations Reviewer.
Appears in 2 contracts
Samples: Asset Representations Review Agreement (Verizon Owner Trust 2020-B), Review Agreement (Verizon ABS LLC)