Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer or the Backup Servicer, the Indenture Trustee shall give prompt written notice thereof to each Noteholder and the Seller (who shall promptly deliver such notice to the Rating Agencies).
Appears in 32 contracts
Samples: Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2023-3), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2021-2), Sale and Servicing (Exeter Automobile Receivables Trust 2021-1)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer or the Backup Servicer, the Indenture Trustee shall will give prompt written notice thereof to each Noteholder and the Seller (who shall promptly deliver such notice to the Rating Agencies).
Appears in 11 contracts
Samples: Sale and Servicing Agreement (Triad Financial Special Purpose LLC), Sale and Servicing Agreement (Triad Automobile Receivables Trust 2006-B), Sale and Servicing Agreement (Triad Automobile Receivables Trust 2006-A)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer or the Backup Servicer, the Indenture Trustee shall give prompt written notice thereof to each Noteholder and the Seller (who shall promptly deliver such notice to the Rating Agencies)Noteholder.
Appears in 5 contracts
Samples: Sale and Servicing Agreement (HSBC Auto Receivables Corp), Sale and Servicing Agreement (HSBC Auto Receivables Corp), Sale and Servicing Agreement (HSBC Automotive Trust (USA) 2006-1)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Master Servicer or the Backup Servicer, the Indenture Trustee shall give prompt written notice thereof to each Noteholder and the Seller (who shall promptly deliver such notice to the Rating Agencies)Noteholder.
Appears in 4 contracts
Samples: Master Sale and Servicing Agreement (Household Automotive Trust 2004-1), Master Sale and Servicing Agreement (HSBC Automotive Trust 2005-1), Master Sale and Servicing Agreement (HSBC Automotive Trust 2005-2)
Notification to Noteholders. (a) Upon any termination of, of or appointment of a successor to, to the Servicer or the Backup Master Servicer, the Indenture Trustee shall give prompt written notice thereof to Noteholders and to each Noteholder and the Seller (who shall promptly deliver such notice to the Rating Agencies)Agency.
Appears in 4 contracts
Samples: Sale and Servicing Agreement (Cwabs Trust 2005-Hyb9), Sale and Servicing Agreement (GSC Capital Corp. Mortgage Trust 2006-1), Sale and Servicing Agreement (GSC Capital Corp. Mortgage Trust 2006-2)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer or the Backup Back-Up Servicer, the Indenture Trustee shall give prompt written notice thereof to each Noteholder and to the Seller Depositor (who shall promptly deliver such notice to the each Rating AgenciesAgency).
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Commercial Credit, Inc.), Sale and Servicing Agreement (Commercial Credit, Inc.)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer [or the Backup Servicer], the Indenture Trustee shall give prompt written notice thereof to each Noteholder Noteholder[, the Hedge Provider] and to the Seller (who shall promptly deliver such notice to the Rating Agencies).
Appears in 2 contracts
Samples: Sale and Servicing (Efcar, LLC), Sale and Servicing (Efcar, LLC)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer or the Backup Servicer, the Indenture Trustee shall will give prompt written notice thereof to each Noteholder Noteholder, the Swap Counterparty and the Seller (who shall promptly deliver such notice to the Rating Agencies).
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Triad Financial Special Purpose LLC), Sale and Servicing Agreement (Triad Financial Special Purpose LLC)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer or the Backup Back-Up Servicer, the Indenture Trustee shall give prompt written notice thereof to each Noteholder and to the Seller Depositor (who shall promptly deliver such notice to the Rating AgenciesAgency).
Appears in 1 contract
Samples: Sale and Servicing Agreement (Commercial Credit, Inc.)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer or the Backup Servicer, the Indenture Trustee shall give prompt written notice thereof to each Noteholder Noteholder, the Insurer and the Seller (who shall promptly deliver such notice to the Rating Agencies).
Appears in 1 contract
Samples: Sales and Servicing Agreement (Prudential Securities Secured Financing Corp)
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer [or the Backup Servicer], the Indenture Trustee shall give prompt written notice thereof to each Noteholder Noteholder[, the Hedge Provider] and the Seller (who shall promptly deliver such notice to the Rating Agencies).
Appears in 1 contract
Notification to Noteholders. Upon any termination of, or appointment of a successor to, the Servicer or the Backup Servicer, the Indenture Trustee shall give prompt written notice thereof to each Noteholder and the Seller (who shall promptly deliver such notice to the Rating Agencies).
Appears in 1 contract
Samples: Sale and Servicing Agreement (Consumer Portfolio Services Inc)
