Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.
Appears in 76 contracts
Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2024-2), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2024-2), Sale and Servicing Agreement (Drive Auto Receivables Trust 2024-1)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer Administrator and to the Noteholders and the Certificateholders at their respective addresses of record.
Appears in 68 contracts
Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables LLC), Sale and Servicing Agreement (Santander Drive Auto Receivables LLC), Sale and Servicing Agreement (Santander Drive Auto Receivables LLC)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIV, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will shall give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses Rating Agencies (which, in the case of recordany such appointment of a successor, shall consist of prior written notice thereof to the Rating Agencies).
Appears in 64 contracts
Samples: Servicing Agreement (SLM Student Loan Trust 2007-4), Servicing Agreement (SLM Student Loan Trust 2008-4), Servicing Agreement (SLM Student Loan Trust 2005-7)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.
Appears in 29 contracts
Samples: Sale and Servicing Agreement (Porsche Auto Funding LLC), Sale and Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Sale and Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer each Rating Agency and to the Noteholders and the Certificateholders at their respective addresses of record.
Appears in 26 contracts
Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2010-1), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2010-1), Sale and Servicing Agreement (Citizens Auto Receivables, LLC)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will shall give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of recordeach Rating Agency.
Appears in 14 contracts
Samples: Sale and Servicing Agreement, Sale and Servicing Agreement (California Republic Auto Receivables Trust 2015-2), Sale and Servicing Agreement (California Republic Auto Receivables Trust 2015-1)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Note Insurer, the Administrator, the Asset Representations Reviewer each Rating Agency and to the Noteholders and the Certificateholders at their respective addresses of record.
Appears in 13 contracts
Samples: Sale and Servicing Agreement (Capital One Auto Finance Trust 2005-A), Sale and Servicing Agreement (Capital One Auto Receivables LLC), Sale and Servicing Agreement (Capital One Auto Receivables LLC)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt (but in any event, within (5) Business Days of such termination or appointment) written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer Administrator and to the Noteholders and the Certificateholders at their respective addresses of record.
Appears in 12 contracts
Samples: Sale and Servicing Agreement (Usaa Acceptance LLC), Sale and Servicing Agreement (Usaa Acceptance LLC), Sale and Servicing Agreement (Usaa Acceptance LLC)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will shall give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of recordappearing in the Note Register.
Appears in 11 contracts
Samples: Sale and Servicing Agreement (Arcadia Receivables Finance Corp), Sale and Servicing Agreement (Arcadia Receivables Finance Corp), Sale and Servicing Agreement (Arcadia Receivables Finance Corp)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt (but in any event, within (5) Business Days of such termination or appointment) written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer each Rating Agency and to the Noteholders and the Certificateholders at their respective addresses of record.
Appears in 6 contracts
Samples: Sale and Servicing Agreement (Usaa Acceptance LLC), Sale and Servicing Agreement (USAA Auto Owner Trust 2010-1), Sale and Servicing Agreement (USAA Auto Owner Trust 2010-1)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will shall give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of recordRating Agencies.
Appears in 5 contracts
Samples: Transfer and Servicing Agreement (Deutsche Recreational Asset Funding Corp), Transfer and Servicing Agreement (Deutsche Recreational Asset Funding Corp), Transfer and Servicing Agreement (Deutsche Recreational Asset Funding Corp)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, to the Master Servicer pursuant to this Article VIIVI or Section 5.04, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will shall give prompt written notice thereof to the Noteholders, the Note Insurer, the Owner Trustee, the IssuerCompany, the Administrator, the Asset Representations Reviewer Issuer and to the Noteholders and the Certificateholders at their respective addresses of recordeach Rating Agency.
Appears in 4 contracts
Samples: Servicing Agreement (Pacificamerica Money Center Inc), Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Servicing Agreement (Pacificamerica Money Center Inc)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.. 27 Sale and Servicing Agreement (2017-1)
Appears in 4 contracts
Samples: Sale and Servicing Agreement, Sale and Servicing Agreement (Santander Drive Auto Receivables LLC), Sale and Servicing Agreement (Santander Drive Auto Receivables LLC)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Grantor Trust, the Grantor Trust Trustee, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Bridgecrest Lending Auto Securitization Trust 2024-2), Sale and Servicing Agreement (Bridgecrest Lending Auto Securitization Trust 2024-2), Sale and Servicing Agreement (Bridgecrest Lending Auto Securitization Trust 2023-1)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.. 28 Sale and Servicing Agreement (DRIVE 2017-3)
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables LLC), Sale and Servicing Agreement (Santander Drive Auto Receivables LLC)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will shall give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer Noteholders and to the Noteholders and Rating Agencies in the Certificateholders at their respective addresses of recordmanner provided for in the Indenture.
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Advanta Bank Corp), Transfer and Servicing Agreement (Advanta Bank Corp)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.. 29 Sale and Servicing Agreement (SDART 2019-3)
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2019-3), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2019-3)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.. 29 Sale and Servicing Agreement (SDART 2021-1)
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2021-1), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2021-1)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Backup Servicer, the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer Administrator and to the Noteholders and the Certificateholders at their respective addresses of record.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Americas Carmart Inc), Sale and Servicing Agreement (Americas Carmart Inc)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer Administrator and to the Noteholders and the Certificateholders at their respective addresses of record.. 25 Sale and Servicing Agreement (2012-3)
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2012-3), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2012-3)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.. 29 Sale and Servicing Agreement (SDART 2022-4)
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2022-4), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2022-4)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.. 28 2020-1 Sale & Servicing Agreement
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Sale and Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Owner Trustee (or the Relevant Trustee if no Notes are Outstanding) will shall give prompt written notice thereof to the Owner Trustee, Rating Agencies and the Issuer, Indenture Trustee and the Administrator, the Asset Representations Reviewer and Indenture Trustee shall give prompt written notice thereof to the Noteholders and in the Certificateholders at their respective addresses of recordmanner provided for in the Indenture.
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts), Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Grantor Trust, the Grantor Trust Trustee, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.. 36 Sale and Servicing Agreement (BLAST 2024-1)
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Bridgecrest Lending Auto Securitization Trust 2024-1), Sale and Servicing Agreement (Bridgecrest Lending Auto Securitization Trust 2024-1)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.. 29 Sale and Servicing Agreement (SDART 2020-4)
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2020-4), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2020-4)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.. 28 Sale and Servicing Agreement (DRIVE 2018-4)
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Drive Auto Receivables Trust 2018-4), Sale and Servicing Agreement (Drive Auto Receivables Trust 2018-4)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.. 29 Sale and Servicing Agreement (SDART 2020-2)
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2020-2), Sale and Servicing Agreement (Santander Drive Auto Receivables Trust 2020-2)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer each Rating Agency and to the Noteholders and the Certificateholders at their respective addresses of record.. Sale & Servicing Agreement (VALET 2010-1) 25
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Volkswagen Auto Loan Enhanced Trust 2010-1), Sale and Servicing Agreement (Volkswagen Auto Loan Enhanced Trust 2010-1)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.. 28 Sale and Servicing Agreement (DRIVE 2017-1)
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables LLC), Sale and Servicing Agreement (Santander Drive Auto Receivables LLC)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.. 28 Sale and Servicing Agreement (DRIVE 2018-5)
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Drive Auto Receivables Trust 2018-5), Sale and Servicing Agreement (Drive Auto Receivables Trust 2018-5)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.. 28 Sale and Servicing Agreement (DRIVE 2017-2)
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Santander Drive Auto Receivables LLC), Sale and Servicing Agreement (Santander Drive Auto Receivables LLC)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer,[ the Grantor Trust, the Grantor Trust Trustee,] the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Bridgecrest Auto Funding LLC)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Owner Trustee (or the Relevant Trustee if no Notes are Outstanding) will shall give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and Indenture Trustee shall give prompt written notice thereof to the Noteholders and the Certificateholders at their respective addresses of recordRating Agencies.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts)
Notification to Noteholders. Upon any termination ofEvent of Servicing Termination, or appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will shall give prompt written notice thereof to the Owner TrusteeNoteholders, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record, and to the Rating Agencies.
Appears in 1 contract
Samples: Sale and Servicing Agreement (JPMorgan Chase Bank, National Association)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of recordrecord and to each Rating Agency.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2005-C)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIIArticle, the Owner Trustee and the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will shall give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders each Noteholder of record at their respective addresses of recordappearing in the Note Register.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Auto Nations Receivables Corp)
Notification to Noteholders. Upon any termination of, or --------------------------- appointment of a successor to, the Servicer pursuant to this Article VIIVIII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will shall give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of recordRating Agencies.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Deutsche Recreational Asset Funding Corp)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, to the Servicer pursuant to this Article VIIVII or Section 6.04 above, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will shall give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.appearing in the Note Register, the Insurer and each Rating Agency. 92
Appears in 1 contract
