Common use of Effect of Servicing Transfer Clause in Contracts

Effect of Servicing Transfer. (a) After a transfer of servicing hereunder, the successor Servicer shall notify the Obligors to make directly to the successor Servicer payments that are due under the Receivables after the effective date of such transfer.

Appears in 64 contracts

Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2024-2), Sale and Servicing Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC)

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Effect of Servicing Transfer. (a) After a transfer of servicing hereunder, the Indenture Trustee or successor Servicer shall notify the Obligors to make directly to the successor Servicer payments that are due under the Receivables after the effective date of such transfer.

Appears in 54 contracts

Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2016-1), Sale and Servicing Agreement (CarMax Auto Owner Trust 2007-3), Sale and Servicing Agreement (CarMax Auto Owner Trust 2008-1)

Effect of Servicing Transfer. (a) After a transfer of servicing hereunder, the successor Indenture Trustee or Successor Servicer shall notify the Obligors to make directly to the successor Successor Servicer payments that are due under the Receivables after the effective date of such transfer.

Appears in 41 contracts

Samples: Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1), Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2014-1)

Effect of Servicing Transfer. (a) After a the transfer of servicing hereunder, the Indenture Trustee or successor Servicer shall notify the Obligors to make directly to the successor Servicer payments that are due under the Receivables after the effective date of such transfer.

Appears in 29 contracts

Samples: Sale and Servicing Agreement (Mmca Auto Owner Trust 2000-2), Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-3), Sale and Servicing Agreement (Mmca Auto Receivables Trust)

Effect of Servicing Transfer. (a) After a the transfer of servicing hereunder, the Trustee or successor Servicer shall notify the Obligors to make directly to the successor Servicer payments that are due under the Receivables after the effective date of such transfer.

Appears in 15 contracts

Samples: Pooling and Servicing Agreement (Fifth Third Holdings Funding, LLC), Pooling and Servicing Agreement (Usaa Acceptance LLC), Pooling and Servicing Agreement (Usaa Acceptance LLC)

Effect of Servicing Transfer. (a) After a transfer of servicing hereunder, the successor Indenture Trustee or Successor Master Servicer shall notify the Obligors to make directly to the successor Successor Master Servicer payments that are due under the Receivables after the effective date of such transfer.

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Wachovia Auto Owner Trust 2008-A), Sale and Servicing Agreement (Wachovia Auto Loan Owner Trust 2007-1), Sale and Servicing Agreement (Wachovia Auto Loan Owner Trust 2008-1)

Effect of Servicing Transfer. (a) After a the transfer of servicing hereunder, the Trustee or the successor Servicer servicer shall notify the Obligors to make directly to the successor Servicer servicer payments that are due under the Receivables after the effective date of such transfer.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (First Security Bank Na), Pooling and Servicing Agreement (First Security Bank Na), Pooling and Servicing Agreement (First Security Corp /Ut/)

Effect of Servicing Transfer. (a) After a the transfer of servicing hereunder, the successor Indenture Trustee or Successor Servicer shall notify the Obligors to make directly to the successor Successor Servicer payments that are due under the Receivables after the effective date of such transfer.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Daimler Benz Vehicle Receivables Corp), Sale and Servicing Agreement (Daimler Benz Vehicle Receivables Corp)

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Effect of Servicing Transfer. (a) After a the transfer of servicing hereunder, the Trustee or successor Servicer shall notify the Obligors to make directly to the successor Servicer payments that are due under the Receivables after the effective date of such transfer.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Daimler Benz Vehicle Receivables Corp), Pooling and Servicing Agreement (Daimler Benz Vehicle Receivables Corp)

Effect of Servicing Transfer. (a) After a the transfer of servicing hereunder, the Trustee or the successor Servicer servicer shall notify the Obligors to make directly to the successor Servicer servicer payments that are due under the Receivables after the effective date of such transfer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Security Bank Na)

Effect of Servicing Transfer. (a1) After a the transfer of servicing hereunder, the Trustee or successor Servicer shall notify the Obligors to make directly to the successor Servicer payments that are due under the Receivables after the effective date of such transfer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (M&i Dealer Auto Securitization LLC)

Effect of Servicing Transfer. (a) After a the transfer of ---------------------------- servicing hereunder, the Indenture Trustee (or, if no Notes are outstanding, a successor Servicer servicer appointed by the Owner Trustee) or the successor servicer shall notify the Obligors to make directly to the successor Servicer servicer payments that are due under the Receivables after the effective date of such transfer.

Appears in 1 contract

Samples: Sale and Servicing Agreement (First Security Bank Na)

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