Common use of Action upon Termination, Resignation or Removal Clause in Contracts

Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Agreement pursuant to Section 8(a), or the resignation or removal of the Administrator pursuant to Section 8(b) or (c), respectively, the Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination, resignation or removal. The Administrator shall forthwith upon such termination pursuant to

Appears in 7 contracts

Samples: Administration Agreement (Case Receivables Ii Inc), Administration Agreement (Case Receivables Ii Inc), Administration Agreement (Case Receivables Ii Inc)

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Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Agreement pursuant to the first sentence of Section 8(a), 8 or the resignation or removal of the Administrator pursuant to Section 8(b8(a), (b) or (c), respectively, the Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination, resignation or removal. The Administrator shall forthwith upon such termination pursuant tosuch

Appears in 2 contracts

Samples: Administration Agreement (WFS Financial Auto Loans Inc), Administration Agreement (WFS Financial Auto Loans Inc)

Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Agreement pursuant to Section 8(a), ) or the resignation or removal of the Administrator pursuant to Section 8(b) or (c), respectively, the Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination, resignation or removal. The Administrator shall forthwith upon such termination pursuant toto Section 8(a) deliver to the Issuer all property and documents of or relating to the Collateral then in the custody of the Administrator. In the event of the resignation or removal of the Administrator pursuant to Section 8(b) or (c), respectively, the

Appears in 2 contracts

Samples: Administration Agreement (WFS Financial 1996-D Owner Trust), Administration Agreement (WFS Financial 1997-a Owners Trust)

Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Agreement pursuant to Section 8(a), 9(a) or the resignation or removal of the Administrator pursuant to Section 8(b9(b) or (c), respectively, the Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination, resignation or removal. The Administrator shall forthwith upon such termination pursuant toto Section 9(a) deliver to the Issuer all property and documents of or

Appears in 1 contract

Samples: Administration Agreement (Wells Fargo Auto Receivables Corp)

Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Agreement pursuant to Section 8(a), ) or the resignation or removal of the Administrator pursuant to Section 8(b) or (c), respectively, the Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination, resignation or removal. The Administrator shall forthwith upon such termination pursuant to

Appears in 1 contract

Samples: Administration Agreement (Hyundai Abs Funding Corp)

Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Agreement pursuant to Section 8(a), ) or the resignation or removal of the Administrator pursuant to Section 8(b) or (c), respectively, the Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination, resignation or removal. The Administrator shall forthwith upon such termination pursuant toor

Appears in 1 contract

Samples: Administration Agreement (Conseco Finance Securitizations Corp)

Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Agreement pursuant to Section 8(a), or the resignation or removal of the Administrator pursuant to Section 8(b) or the removal of the Administrator pursuant to Section 8(c) or (cd), respectively, the Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the this date of such termination, resignation or removal. The Administrator shall forthwith upon such termination pursuant totermina-

Appears in 1 contract

Samples: Administration Agreement (Daimler Benz Vehicle Receivables Corp)

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Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Agreement pursuant to Section 8(a), 9(a) or the resignation or removal of the Administrator pursuant to Section 8(b9(b) or (c), respectively, the Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination, resignation or removal. The Administrator shall forthwith upon such termination pursuant toexpenses

Appears in 1 contract

Samples: Administration Agreement (Ford Credit Auto Receivables Two L P)

Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Agreement pursuant to Section 8(a), or the resignation or removal of the Administrator Manager pursuant to Section 8(b) or (c), respectively, the Administrator Manager shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination, resignation or removal. The Administrator Manager shall forthwith upon such termination pursuant toto Section 8(a) deliver to Issuer all property and documents of or relating to the Collateral then in the

Appears in 1 contract

Samples: Management Agreement (Provident Lease Receivables Corp)

Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Agreement pursuant to Section 8(a)10, or the resignation or removal of the Administrator pursuant to Section 8(b) or (c), respectively10, the Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the effective date of such termination, resignation or removal. The Administrator shall forthwith upon such termination pursuant to.

Appears in 1 contract

Samples: Administration Agreement (Volkswagen Dealer Finance LLC)

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