Notification of Servicer Termination. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article, the Owner Trustee shall give prompt written notice thereof to Certificateholders, and the Indenture Trustee shall give prompt written notice thereof to Noteholders and the Administrator (who shall make such notice available to each Rating Agency pursuant to Section 1.02(c) of the Administration Agreement).
Appears in 97 contracts
Samples: Sale and Servicing Agreement (Honda Auto Receivables 2024-1 Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2024-1 Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2023-4 Owner Trust)
Notification of Servicer Termination. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article, the Owner Trustee shall give prompt written notice thereof to Certificateholders, and the Indenture Trustee shall give prompt written notice thereof to Noteholders and the Administrator (who shall make such notice available to each Rating Agency pursuant to Section 1.02(c) of the Administration Agreement)Agency.
Appears in 35 contracts
Samples: Sale and Servicing Agreement (Honda Auto Receivables 2010-2 Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2010-1 Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2009-1 Owner Trust)
Notification of Servicer Termination. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article, the Owner Trustee shall give prompt written notice thereof to Certificateholders, and the Indenture Trustee shall give prompt written notice thereof to Noteholders Noteholders[, the Swap Counterparty] and the Administrator (who shall make such notice available to each Rating Agency pursuant to Section 1.02(c) of the Administration Agreement).
Appears in 5 contracts
Samples: Sale and Servicing Agreement (American Honda Receivables LLC), Sale and Servicing Agreement (American Honda Receivables LLC), Sale and Servicing Agreement (American Honda Receivables LLC)
Notification of Servicer Termination. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article, the Owner Trustee shall give prompt written notice thereof to Certificateholders, and the Indenture Trustee shall give prompt written notice thereof to Noteholders Noteholders, the Swap Counterparty and the Administrator (who shall make such notice available to each Rating Agency pursuant to Section 1.02(c) of the Administration Agreement)Agency.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Honda Auto Receivables 2008-2 Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2007-3 Owner Trust)
Notification of Servicer Termination. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article, the Owner Trustee shall give prompt written notice thereof to Certificateholders, and the Indenture Trustee shall give prompt written notice thereof to Noteholders Noteholders, [the Swap Counterparty] and the Administrator (who shall make such notice available to each Rating Agency pursuant to Section 1.02(c) of the Administration Agreement)Agency.
Appears in 1 contract
Samples: Sale and Servicing Agreement (American Honda Receivables Corp)
