Common use of Voluntary Removal of Vendor Clause in Contracts

Voluntary Removal of Vendor. Subject to Section 8.2(e), Issuer, in its sole discretion, may remove Vendor and terminate its rights and obligations under this Agreement by providing Vendor with at least thirty (30) calendar days’ prior written notice (or, in the case of any violation of Section 6.3, immediately); provided, however, that any such termination without cause shall not be effective until the Vendor has completed and delivered all Review Reports for any then in-progress Asset Representations Review.

Appears in 3 contracts

Samples: Asset Representations Review Agreement (Synchrony Card Issuance Trust), Asset Representations Review Agreement (Synchrony Card Issuance Trust), Asset Representations Review Agreement (Synchrony Credit Card Master Note Trust)

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Voluntary Removal of Vendor. Subject to Section 8.2(e), Issuer, in its sole discretion, may remove Vendor and terminate its rights and obligations under this Agreement by providing Vendor with at least thirty (30) [thirty] calendar days’ prior written notice (or, in the case of any violation of Section 6.3, immediately); provided, however, that any such termination without cause shall not be effective until the Vendor has completed and delivered all Review Reports for any then in-progress Asset Representations Review.

Appears in 1 contract

Samples: Asset Representations Review Agreement (Synchrony Credit Card Master Note Trust)

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