Remedies; Priorities. (a) If an Event of Default shall have occurred and resulted in the acceleration of the Notes, the Indenture Trustee shall make payments as set forth in Section 5.04(b) of this Indenture, rather than pursuant to Section 5.06(a) of the Sale and Servicing Agreement.
Appears in 33 contracts
Samples: Nissan Auto Receivables 2024-a Owner Trust, Indenture (Nissan Auto Receivables 2019-C Owner Trust), NISSAN AUTO RECEIVABLES Co II LLC
Remedies; Priorities. (a) If an Event of Default shall have occurred and resulted be continuing and result in the acceleration of the Notes, the Indenture Trustee shall make payments on the Notes and to the Owner Trustee as set forth in Section 5.04(b) of this Indenture, rather than pursuant to Section 5.06(a5.06(d) of the Sale and Servicing Agreement, rather than pursuant to Section 5.06(c) thereof.
Appears in 13 contracts
Samples: Indenture (Nissan Auto Receivables 2011-a Owner Trust), Indenture (Nissan Auto Receivables 2011-a Owner Trust), Indenture (Nissan Auto Receivables 2010-a Owner Trust)
Remedies; Priorities. (a) If an Event of Default shall have occurred and resulted be continuing and result in the acceleration of the Notes, the Indenture Trustee shall make payments as set forth in Section 5.04(b) of this Indenture, rather than pursuant to Section 5.06(a5.06(d) of the Sale and Servicing Agreement, rather than pursuant to Section 5.06(c) thereof.
Appears in 8 contracts
Samples: Indenture (Nissan Auto Receivables 2015-C Owner Trust), Indenture (Nissan Auto Receivables 2015-C Owner Trust), Indenture (Nissan Auto Receivables Corp Ii)
Remedies; Priorities. (a) If an Event of Default shall have occurred and resulted be continuing and result in the acceleration of the Notes, the Indenture Trustee shall make payments as set forth in Section 5.04(b) of this Indenture, rather than pursuant to Section 5.06(a) of the Sale and Servicing Agreement.
Appears in 4 contracts
Samples: Nissan Auto Receivables 2016-B Owner Trust, Nissan Auto Receivables 2016-B Owner Trust, Nissan Auto Receivables 2016-a Owner Trust
Remedies; Priorities. (a) If an Event of Default shall have occurred and resulted be continuing and result in the acceleration of the Notes, the Indenture Trustee shall make payments as set forth in Section 5.04(b) of this Indenture, rather than pursuant to Section 5.06(a5.06(d) of the Sale and Servicing Agreement., rather than pursuant to Section 5.06(c) thereof. 23 (Nissan 2014-A Indenture)
Appears in 2 contracts
Samples: Nissan Auto Receivables 2014-a Owner Trust, Nissan Auto Receivables 2014-a Owner Trust
Remedies; Priorities. (a) If an Event of Default shall have occurred and resulted be continuing and result in the acceleration of the Notes, the Indenture Trustee shall make payments as set forth in Section 5.04(b) of this Indenture, rather than pursuant to Section 5.06(a5.06(d) of the Sale and Servicing Agreement., rather than pursuant to Section 5.06(c) thereof. 23 (Nissan 2013-C Indenture)
Appears in 2 contracts
Samples: Nissan Auto Receivables 2013-C Owner Trust, Nissan Auto Receivables 2013-C Owner Trust
Remedies; Priorities. (a) If an Event of Default shall have occurred and resulted be continuing and result in the acceleration of the Notes, the Indenture Trustee shall make payments on the Notes and to the (Nissan [ ]-[ ] Indenture) Owner Trustee as set forth in Section 5.04(b) of this Indenture, rather than pursuant to Section 5.06(a5.06(d) of the Sale and Servicing Agreement, rather than pursuant to Section 5.06(c) thereof.
Appears in 1 contract
Remedies; Priorities. (a) If an Event of Default shall have occurred and resulted be continuing and result in the acceleration of the Notes, the Indenture Trustee shall make payments on the Notes and to the (Nissan 2008-B Indenture) Owner Trustee as set forth in Section 5.04(b) of this Indenture, rather than pursuant to Section 5.06(a5.06(d) of the Sale and Servicing Agreement, rather than pursuant to Section 5.06(c) thereof.
Appears in 1 contract
Samples: Indenture (Nissan Auto Receivables 2008-B Owner Trust)
