Common use of Notice of Events of Default Clause in Contracts

Notice of Events of Default. The Issuer shall give the Depositor, the Indenture Trustee and the Rating Agencies prompt written notice of each Event of Default, each default on the part of the Seller, the Servicer or the Depositor of their respective obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser of their respective obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall give the DepositorIndenture Trustee, the Indenture Trustee Note Insurer and the Rating Agencies prompt written notice of each Event of Default, each default on the part of the Seller, the Servicer or the Depositor of their respective obligations under the Sale and Servicing Agreement Default hereunder and each default on the part of the Seller Servicer, the Depositor or the Purchaser Seller of their respective its obligations under the Receivables Purchase Sale and Servicing Agreement.

Notice of Events of Default. The Issuer shall give the DepositorIndenture Trustee, the Indenture Trustee Seller, the Insurer and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the Seller, the Servicer or the Depositor of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller Depositor or the Purchaser Seller of their respective its obligations under the Receivables Purchase Sale and Servicing Agreement.

Notice of Events of Default. The Issuer shall give the Depositor, the Indenture Trustee and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the Seller, the Servicer or the Depositor of their respective obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall give the Depositor, the Indenture Trustee and the Rating Agencies prompt written notice of each Event of Default, Default hereunder and of each default on the part of the Seller, the Servicer or the Depositor of their respective obligations under any party to the Sale and Servicing Agreement, the Purchase Agreement and each default on the part or any Interest Rate Swap Agreement with respect to any of the Seller or the Purchaser of their respective obligations under the Receivables Purchase Agreementprovisions thereof.

Notice of Events of Default. The Issuer shall agrees to give the Depositor, the Indenture Trustee and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder and, immediately after obtaining knowledge of any of the following occurrences, written notice of each default on the part of the Seller, the Servicer or the Depositor Transferor of their respective its obligations under the Sale Transfer and Servicing Agreement and each default on the part of the a Seller or the Purchaser of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall give the Depositoreach Rating Agency, a Responsible Officer of the Indenture Trustee and the Rating Agencies Depositor prompt written notice of each Event of Default, Default hereunder and each default on the part of the Seller, the Servicer or the Depositor of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser Depositor of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall give the Depositor, the Indenture Trustee and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the Seller, the Servicer or the Depositor Seller of their respective its obligations under the Sale and Servicing Agreement, each default on the part of Case Credit of its obligations under the Case Purchase Agreement and each default on the part of the Seller or the Purchaser NH Credit of their respective its obligations under the Receivables NH Purchase Agreement.

Notice of Events of Default. The Issuer shall give the Depositoreach Rating Agency, a Responsible Officer of the Indenture Trustee and the Rating Agencies Depositor prompt written notice of each Event of Default, Default hereunder and each default on the part of the Seller, the Master Servicer or the Depositor of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser Depositor of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall give the DepositorIndenture Trustee, the Indenture Trustee Note Insurer and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the Seller, the Servicer or the Depositor Seller of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller Depositor or the Purchaser Seller of their respective its obligations under the Receivables Purchase Loan Sale Agreement.

Notice of Events of Default. The Issuer shall agrees to give the Depositor, the Indenture Trustee and the Rating Agencies prompt written notice of each Event of Default hereunder, each Servicing Default, any Insolvency Event with respect to the Seller, each default on the part of the Seller, Seller or the Servicer or the Depositor of their its respective obligations under the Trust Sale and Servicing Agreement and each default on the part of the Original Seller or the Purchaser Servicer of their its respective obligations under the Receivables Purchase Pooling and Servicing Agreement, in each case promptly after the discovery thereof by the Issuer.

Notice of Events of Default. The Issuer shall give the Depositor, the --------------------------- Indenture Trustee and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the Seller, the Servicer or the Depositor Seller of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller Transferor or the Purchaser Seller of their respective its obligations under the Receivables Purchase Loan Sale Agreement.

Notice of Events of Default. The Issuer shall give each Rating Agency, the DepositorSwap Counterparty, a Responsible Officer of the Indenture Trustee and the Rating Agencies Depositor prompt written notice of each Event of Default, Default hereunder and each default on the part of the Seller, the Master Servicer or the Depositor of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser Depositor of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall give the Depositor, the Indenture Trustee and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, and of each default on the part of the Seller, the Servicer or the Depositor Seller of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser Depositor of their respective its obligations under the Receivables Purchase Agreement.. 22 (2016-B Indenture)

Notice of Events of Default. The Issuer shall give the Depositor, the Indenture Trustee and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, and of each default on the part of the Seller, the Servicer or the Depositor Seller of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser Depositor of their respective its obligations under the Receivables Purchase Agreement.. 23 (2017-B Indenture)

Notice of Events of Default. The Issuer shall give the Depositor, each Rating Agency and the Indenture Trustee and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the Seller, the Servicer or the Depositor of their respective obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall will give the Depositor, the Indenture Trustee and the Rating Agencies prompt written notice of each Event of Default, Default hereunder and written notice of each default on the part of the Seller, the Servicer or the Depositor a Transferor of their respective its obligations under the Sale Transfer and Servicing Agreement Agreement[s] and each default on the part of the a Seller or the Purchaser of their respective its obligations under the Receivables Purchase AgreementAgreement[s], in each case immediately after the Issuer obtains knowledge thereof.

Notice of Events of Default. The Issuer shall give the Depositor, the Indenture Trustee and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, and of each default on the part of the Seller, the Servicer or the Depositor Seller of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser Depositor of their respective its obligations under the Receivables Purchase Agreement.. 22 (2017-A Indenture)

Notice of Events of Default. The Issuer shall give the Indenture Trustee, the Depositor, the Indenture Trustee Rating Agencies[, the Swap Counterparty] and the Rating Agencies Administrator prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the Seller, Depositor or the Servicer or the Depositor of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser Depositor of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall give the Indenture Trustee, the Depositor, the Indenture Trustee Insurer and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the SellerDepositor, the Servicer Seller or the Depositor Servicer of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser Depositor of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall give the Indenture Trustee, the Depositor, the Indenture Trustee Insurer and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the Seller, Depositor or the Servicer or the Depositor of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser Depositor of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall give the DepositorIndenture Trustee, the Indenture Trustee Note Insurer and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the Seller, the Servicer or the Depositor of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser of their respective its obligations under the Receivables Purchase Home Loan Sale Agreement.

Notice of Events of Default. The Issuer shall agrees to give the Depositor, the Indenture Trustee and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder and, immediately after obtaining knowledge of any of the following occurrences, written notice of each default on the part of the Seller, the Servicer or the Depositor Transferor of their respective its obligations under the Sale Transfer and Servicing Agreement and each default on the part of the a Seller or the Purchaser of their respective its obligations under the Receivables Purchase Agreement, as applicable.

Notice of Events of Default. The Issuer shall agrees to give the DepositorIndenture Trustee, the Indenture Trustee Controlling Entities and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder and, immediately after obtaining knowledge of any of the following occurrences, written notice of each default on the part of the Seller, the Servicer or the Depositor Transferor of their respective its obligations under the Sale Transfer and Servicing Agreement and each default on the part of the a Seller or the Purchaser of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall give the Depositor, the Indenture Trustee and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the Seller, the Servicer or the Depositor of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller Depositor or the Purchaser Seller of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall agrees to give the Depositor, the Indenture Trustee and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder and, immediately after obtaining knowledge of any of the following occurrences, written notice of each default on the part of the Seller, the Servicer or the Depositor Transferor of their respective its obligations under the Sale Transfer and Servicing Agreement and each default on the part of the a Seller or the Purchaser of their respective its obligations under the Receivables Purchase Agreement or the Transferor Purchase Agreement, as applicable.

Notice of Events of Default. The Issuer shall give the Depositor--------------------------- Indenture Trustee, the Indenture Trustee Insurer and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the SellerDepositor, the Servicer Seller or the Depositor Servicer of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser Depositor of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall --------------------------- give the Indenture Trustee, the Depositor, the Indenture Trustee Insurer and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the SellerDepositor, the Servicer Seller or the Depositor Servicer of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser Depositor of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall give the DepositorIndenture Trustee, [the Indenture Trustee Note Insurer] and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the Seller, the Servicer or the Depositor of their respective its obligations under the Sale and Collection Agreement, each default on the part of any Servicer under the related Servicing Agreement and each default on the part of the Seller or the Purchaser of their respective its obligations under the Receivables Purchase [Mortgage Loan Sale Agreement].

Notice of Events of Default. The Issuer shall give the DepositorIndenture Trustee, the Indenture Trustee Depositor and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the SellerDepositor, the Servicer Seller or the Depositor Servicer of their respective its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Purchaser Depositor of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall give the DepositorIndenture Trustee, the Indenture Trustee Insurer and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, each default on the part of the Seller, Seller or the Servicer or the Depositor of their respective its obligations under the Sale and Servicing Agreement and each default on the part of CarMax or the Seller or the Purchaser of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall agrees to give the Depositor, the Indenture Trustee and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder and, immediately after obtaining knowledge of any of the following occurrences, written notice of each default on the part of the Seller, the Servicer or the Depositor Transferors of their respective obligations under the Sale Transfer and Servicing Agreement and each default on the part of the a Seller or the Purchaser of their respective its obligations under the Receivables Purchase Agreement.

Notice of Events of Default. The Issuer shall give the Depositor, the Indenture Trustee and the Rating Agencies prompt written notice of each Event of DefaultDefault hereunder, of each default on the part of the Seller, the Servicer or the Depositor Seller of their its respective obligations under the Sale and Servicing Agreement and Agreement, of each default on the part of the Seller or the Purchaser of their respective its obligations under the Receivables Purchase Agreement and of each default on the part of the Transferor of its obligations under the Transfer and Sale Agreement.