Common use of Notification to Noteholders, Certificateholders and Rating Agencies Clause in Contracts

Notification to Noteholders, Certificateholders and Rating Agencies. Upon any notice of an Event of Servicing Termination or upon any termination of, or any appointment of a successor to, the Servicer pursuant to this Article VIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Owner Trustee shall give prompt written notice thereof to the Certificateholders, the Administrator and the Depositor (who shall promptly give such notice to the Rating Agencies).

Appears in 81 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 Owner Trust 2024-1)

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Notification to Noteholders, Certificateholders and Rating Agencies. Upon any notice of an Event of Servicing Termination or upon any termination of, or any appointment of a successor to, the Servicer pursuant to this Article VIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Owner Trustee shall give prompt written notice thereof to the Certificateholders, the Administrator Certificateholders and the Depositor (who shall promptly give such notice to the Rating Agencies).

Appears in 17 contracts

Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2010-2), Sale and Servicing Agreement (CarMax Auto Owner Trust 2010-1), Sale and Servicing Agreement (Carmax Auto Owner Trust 2005-1)

Notification to Noteholders, Certificateholders and Rating Agencies. Upon any notice of an Event of Servicing Termination or upon any termination of, or any appointment of a successor to, the Servicer pursuant to this Article VIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders [and the Swap Counterparty] and the Owner Trustee shall give prompt written notice thereof to the Certificateholders, the Administrator and the Depositor (who shall promptly give such notice to the Rating Agencies).

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC)

Notification to Noteholders, Certificateholders and Rating Agencies. Upon any notice of an Event of Servicing Termination or upon any termination of, or any appointment of a successor to, the Servicer pursuant to this Article VIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Owner Trustee shall give prompt written notice thereof to the Certificateholders, the Administrator and the Depositor (who shall promptly give such notice to the Rating Agencies).

Appears in 4 contracts

Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2011-3), Sale and Servicing Agreement (CarMax Auto Owner Trust 2011-2), Sale and Servicing Agreement (CarMax Auto Owner Trust 2011-1)

Notification to Noteholders, Certificateholders and Rating Agencies. Upon any notice of an a Servicer Termination Event of Servicing Termination or upon any termination of, or any appointment of a successor to, the Master Servicer pursuant to this Article VIIIArticle, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Owner Trustee shall give prompt written notice thereof to the Certificateholders, the Administrator Certificateholders and the Depositor (who shall promptly give such notice to the Rating Agencies).

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Wachovia Auto Owner Trust 2006-A), Sale and Servicing Agreement (WDS Receivables LLC), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

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Notification to Noteholders, Certificateholders and Rating Agencies. Upon any notice of an a Servicer Termination Event of Servicing Termination or upon any termination of, or any appointment of a successor to, the Servicer pursuant to this Article VIIIArticle, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Owner Trustee shall give prompt written notice thereof to the Certificateholders, the Administrator Certificateholders and the Depositor (who shall promptly give such notice to the Rating Agencies).

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Wachovia Auto Owner Trust 2004-B), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Wachovia Auto Owner Trust 2005-A)

Notification to Noteholders, Certificateholders and Rating Agencies. Upon any notice of an Event of Servicing Termination or upon any termination of, or any appointment of a successor to, the Servicer pursuant to this Article VIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Swap Counterparty and the Owner Trustee shall give prompt written notice thereof to the Certificateholders, the Administrator Certificateholders and the Depositor (who shall promptly give such notice to the Rating Agencies).

Appears in 3 contracts

Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2007-3), Sale and Servicing Agreement (CarMax Auto Owner Trust 2008-2), Sale and Servicing Agreement (CarMax Auto Owner Trust 2008-1)

Notification to Noteholders, Certificateholders and Rating Agencies. Upon any notice of an Event of Servicing Termination or upon any termination of, or any appointment of a successor to, the Servicer pursuant to this Article VIII, the Indenture Trustee shall give prompt written notice thereof to the Noteholders [and the Swap Counterparty] and the Owner Trustee shall give prompt written notice thereof to the Certificateholders, the Administrator and the Depositor (who shall promptly give such notice to the Rating Agencies).

Appears in 1 contract

Samples: Sale and Servicing Agreement (Carmax Auto Funding LLC)

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