Common use of Appointment of Successor Clause in Contracts

Appointment of Successor. If a successor Asset Representations Reviewer has not been appointed within 30 days after the giving of written notice of resignation by the Asset Representations Reviewer pursuant to Section 6.04 or the delivery of the written instrument with respect to the removal of the Asset Representations Reviewer pursuant to Section 6.01, the Asset Representations Reviewer or the Administrator may apply to any court of competent jurisdiction to appoint a successor Asset Representations Reviewer meeting the requirements of Section 2.02 to act until such time, if any, as a successor Asset Representations Reviewer has been appointed as provided herein.

Appears in 39 contracts

Samples: Asset Representations Review Agreement (John Deere Receivables LLC), Asset Representations Review Agreement (John Deere Owner Trust 2018), Asset Representations Review Agreement (John Deere Owner Trust 2019-B)

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Appointment of Successor. If a successor Asset Representations Reviewer has not been appointed by the Issuer within 30 thirty (30) days after the giving of written notice of resignation by the Asset Representations Reviewer pursuant to Section 6.04 or the delivery of the written instrument with respect to the removal of the Asset Representations Reviewer pursuant to Section 6.01, the Asset Representations Reviewer or the Administrator Servicer may apply to any court of competent jurisdiction to appoint a successor Asset Representations Reviewer meeting the requirements of Section 2.02 to act until such time, if any, as a successor Asset Representations Reviewer has been appointed as provided hereinabove provided.

Appears in 37 contracts

Samples: Asset Representations Review Agreement (BMW Vehicle Lease Trust 2016-1), Asset Representations Review Agreement (BMW Vehicle Owner Trust 2019-A), Asset Representations Review Agreement (BMW Vehicle Lease Trust 2021-1)

Appointment of Successor. If a successor Asset Representations Reviewer has not been appointed by the Issuer within 30 thirty (30) days after the giving of written notice of resignation by the Asset Representations Reviewer pursuant to Section 6.04 or the delivery of the written instrument with respect to the removal of the Asset Representations Reviewer pursuant to Section 6.016.04, the Asset Representations Reviewer or the Administrator Indenture Trustee may apply to any court of competent jurisdiction to appoint a successor Asset Representations Reviewer meeting the requirements of Section 2.02 to act until such time, if any, as a successor Asset Representations Reviewer has been appointed as provided hereinabove provided.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (BMW Fs Securities LLC), Asset Representations Review Agreement (BMW Fs Securities LLC)

Appointment of Successor. If a successor Asset Representations Reviewer has not been appointed within 30 days after the giving of written notice of resignation by the Asset Representations Reviewer pursuant to Section 6.04 or the delivery of the written instrument with respect to the removal of the Asset Representations Reviewer pursuant to Section 6.01, the Asset Representations Reviewer or the Administrator may apply to any court of competent jurisdiction to appoint a successor Asset Representations Reviewer meeting the requirements of Section 2.02 to act until such time, if any, as a successor Asset Representations Reviewer has been appointed as provided herein.Asset

Appears in 2 contracts

Samples: Asset Representations Review Agreement (John Deere Owner Trust 2020-B), Asset Representations Review Agreement (John Deere Owner Trust 2020-B)

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Appointment of Successor. If a successor Asset Representations Reviewer has not been appointed within 30 days after the giving of written notice of such resignation by the Asset Representations Reviewer pursuant to Section 6.04 or the delivery of the written instrument with respect to the removal of the Asset Representations Reviewer pursuant to Section 6.01such removal, the Asset Representations Reviewer or the Administrator Indenture Trustee may apply to any court of competent jurisdiction to appoint a successor Asset Representations Reviewer meeting the requirements of Section 2.02 to act until such time, if any, as a successor Asset Representations Reviewer has been appointed as provided hereinabove provided.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (BMW Fs Securities LLC), Asset Representations Review Agreement (Financial Services Vehicle Trust)

Appointment of Successor. If a successor Asset Representations Reviewer has not been appointed by the Issuer within 30 [thirty (30)] days after the giving of written notice of resignation by the Asset Representations Reviewer pursuant to Section 6.04 or the delivery of the written instrument with respect to the removal of the Asset Representations Reviewer pursuant to Section 6.01, the Asset Representations Reviewer or the Administrator Servicer may apply to any court of competent jurisdiction to appoint a successor Asset Representations Reviewer meeting the requirements of Section 2.02 to act until such time, if any, as a successor Asset Representations Reviewer has been appointed as provided hereinabove provided.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Financial Services Vehicle Trust), Asset Representations Review Agreement (Financial Services Vehicle Trust)

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