Common use of Notification to Securityholders Clause in Contracts

Notification to Securityholders. Upon any termination of, or appointment of a successor to, the Servicer, the Trustee shall give prompt written notice thereof to each Securityholder, the Owner Trustee and to the Rating Agencies.

Appears in 10 contracts

Samples: Sale and Servicing (Consumer Portfolio Services Inc), Sale and Servicing (Consumer Portfolio Services Inc), Sale and Servicing (Consumer Portfolio Services Inc)

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Notification to Securityholders. (a) Upon any termination of, of or appointment of a successor to, to the Servicer or Master Servicer, the Indenture Trustee shall give prompt written notice thereof to each Securityholder, the Owner Trustee Securityholders and to the each Rating AgenciesAgency.

Appears in 9 contracts

Samples: Sale and Servicing Agreement (Sast 2006-3), Sale and Servicing Agreement (Saxon Asset Securities Trust 2005-1), Sale and Servicing Agreement (Saxon Asset Securities Trust 2004-3)

Notification to Securityholders. (i) Upon any termination of, of or appointment of a successor to, to the Master Servicer, the Trustee shall give prompt written notice thereof to each Securityholder, the Owner Trustee Securityholders and to the each Rating AgenciesAgency.

Appears in 9 contracts

Samples: Master Servicing Agreement (J P Morgan Acceptance Corp I), Sale and Servicing Agreement (Chase Manhattan Acceptance Corp /De/), Master Servicing Agreement (Provident Bank)

Notification to Securityholders. Upon any termination of, or appointment of a successor to, the Servicer, the Indenture Trustee shall give prompt written notice thereof to each Securityholder, the Grantor Trust Trustee, the Owner Trustee and to the Rating Agencies.

Appears in 5 contracts

Samples: Sale and Servicing (Consumer Portfolio Services Inc), Sale and Servicing (Consumer Portfolio Services Inc), Sale and Servicing (Consumer Portfolio Services Inc)

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Notification to Securityholders. Upon any termination of, or appointment of a successor to, the Servicer, the Trustee shall give prompt written notice thereof to each Securityholder, the Owner Trustee and to the Rating AgenciesAgency.

Appears in 3 contracts

Samples: Sale and Servicing (Consumer Portfolio Services Inc), Sale and Servicing Agreement (Consumer Portfolio Services Inc), Sale and Servicing (Consumer Portfolio Services Inc)

Notification to Securityholders. (a) Upon any such termination of, or appointment of a successor to, to the Master Servicer, the Trustee shall give prompt written notice thereof to each Securityholder, the Owner Trustee and to the Rating AgenciesSecurityholders.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Financial Asset Securitization Inc), Pooling and Servicing Agreement (Financial Asset Securitization Inc)

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