Common use of Effective Period, Termination and Amendment; Interpretive and Additional Provisions Clause in Contracts

Effective Period, Termination and Amendment; Interpretive and Additional Provisions. This Agreement shall become effective as of the date hereof, shall continue in full force and effect until terminated as hereinafter provided, may be amended at any time by mutual agreement of the parties hereto and may be terminated by either party by written notice to the other party, such termination to take effect no sooner than sixty (60) days after the date of such notice. Notwithstanding the foregoing, if Navistar Financial Corporation resigns as Servicer under the Further Transfer and Servicing Agreements or if all of the rights and obligations of the Servicer have been terminated under the Further Transfer and Servicing Agreements, this Agreement may be terminated by the Issuer or by any Persons to whom the Issuer has assigned its rights hereunder. As soon as practicable after the termination of this Agreement, the Custodian shall deliver the Receivable Files described herein to the Issuer or the Issuer's agent at such place or places as the Issuer may reasonably designate.

Appears in 7 contracts

Samples: Custodian Agreement (Navistar Financial Retail Receivables Corporation), Custodian Agreement (Navistar Financial Retail Receivables Corporation), Custodian Agreement (Navistar Financial Retail Receivables Corporation)

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