Common use of Removal of Asset Representations Reviewer Clause in Contracts

Removal of Asset Representations Reviewer. If any of the following events occur, the Indenture Trustee may, or, at the direction of Noteholders evidencing a majority of the aggregate Outstanding Amount of the Notes shall, by notice to the Asset Representations Reviewer, remove the Asset Representations Reviewer and terminate its rights and obligations under this Agreement:

Appears in 75 contracts

Samples: Asset Representations Review Agreement (Santander Drive Auto Receivables LLC), Asset Representations Review Agreement (Drive Auto Receivables Trust 2020-2), Asset Representations Review Agreement (Santander Drive Auto Receivables LLC)

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Removal of Asset Representations Reviewer. If any of the following events occur, the Indenture Trustee may, orTrustee, at the direction of Noteholders evidencing a majority of the aggregate Outstanding Amount of the Notes shallNotes, by notice to the Asset Representations Reviewer, shall remove the Asset Representations Reviewer and terminate its rights and obligations under this Agreement:

Appears in 71 contracts

Samples: Asset Representations Review Agreement (Nissan Auto Receivables 2017-a Owner Trust), Asset Representations Review Agreement (Nissan Auto Lease Trust 2017-B), Asset Representations Review Agreement (NISSAN AUTO RECEIVABLES Co II LLC)

Removal of Asset Representations Reviewer. If any of the following events occur, the Indenture Trustee may, or, at the direction of Noteholders evidencing a majority of the aggregate Outstanding Amount of the Notes shall, by notice to the Asset Representations Reviewer, with a copy to the Servicer and the Sponsor, remove the Asset Representations Reviewer and terminate its rights and obligations under this Agreement:

Appears in 6 contracts

Samples: Asset Representations Review Agreement (Bridgecrest Lending Auto Securitization Trust 2024-2), Asset Representations Review Agreement (Bridgecrest Lending Auto Securitization Trust 2024-2), Asset Representations Review Agreement (Bridgecrest Auto Funding LLC)

Removal of Asset Representations Reviewer. If any of the following events occur, the Indenture Trustee may, oror , at the direction discretion of Noteholders evidencing a majority of the aggregate Outstanding Amount of the Notes shall, by notice to the Asset Representations Reviewer, remove the Asset Representations Reviewer and terminate its rights and obligations under this Agreement:

Appears in 4 contracts

Samples: Asset Representations Review Agreement (Santander Drive Auto Receivables LLC), Asset Representations Review Agreement (American Honda Receivables LLC), Asset Representations Review Agreement (American Honda Receivables LLC)

Removal of Asset Representations Reviewer. If any of the following events occur, the Indenture Trustee may, orTrustee, at the direction of Series 2017-A Noteholders evidencing a majority of the aggregate Outstanding Amount of the Notes shallSeries 2017-A Notes, by notice to the Asset Representations Reviewer, shall remove the Asset Representations Reviewer and terminate its rights and obligations under this Agreement:

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Nissan Master Owner Trust Receivables), Asset Representations Review Agreement (Nissan Master Owner Trust Receivables)

Removal of Asset Representations Reviewer. If any of the following events occur, the Indenture Trustee may, orTrustee, at the direction of Series 2019-A Noteholders evidencing a majority of the aggregate Outstanding Amount of the Notes shallSeries 2019-A Notes, by notice to the Asset Representations Reviewer, shall remove the Asset Representations Reviewer and terminate its rights and obligations under this Agreement:

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Nissan Master Owner Trust Receivables), Asset Representations Review Agreement (Nissan Master Owner Trust Receivables)

Removal of Asset Representations Reviewer. If any of the following events occur, the Indenture Trustee may, orTrustee, at the direction of Series 2019-B Noteholders evidencing a majority of the aggregate Outstanding Amount of the Notes shallSeries 2019-B Notes, by notice to the Asset Representations Reviewer, shall remove the Asset Representations Reviewer and terminate its rights and obligations under this Agreement:

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Nissan Master Owner Trust Receivables), Asset Representations Review Agreement (Nissan Master Owner Trust Receivables)

Removal of Asset Representations Reviewer. If any of the following events occur, the Indenture Trustee may, orTrustee, at the direction of Series 2016-A Noteholders evidencing a majority of the aggregate Outstanding Amount of the Notes shallSeries 2016-A Notes, by notice to the Asset Representations Reviewer, shall remove the Asset Representations Reviewer and terminate its rights and obligations under this Agreement:

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Nissan Wholesale Receivables Corp Ii), Asset Representations Review Agreement (Nissan Wholesale Receivables Corp Ii)

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Removal of Asset Representations Reviewer. If any of the following events occur, the Indenture Trustee may, orTrustee, at the direction of Series 2017-B Noteholders evidencing a majority of the aggregate Outstanding Amount of the Notes shallSeries 2017-B Notes, by notice to the Asset Representations Reviewer, shall remove the Asset Representations Reviewer and terminate its rights and obligations under this Agreement:

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Nissan Master Owner Trust Receivables), Asset Representations Review Agreement (Nissan Master Owner Trust Receivables)

Removal of Asset Representations Reviewer. If any of the following events occur, the Indenture Trustee may, orTrustee, at the direction of Series 2017-C Noteholders evidencing a majority of the aggregate Outstanding Amount of the Notes shallSeries 2017-C Notes, by notice to the Asset Representations Reviewer, shall remove the Asset Representations Reviewer and terminate its rights and obligations under this Agreement:

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Nissan Master Owner Trust Receivables), Asset Representations Review Agreement (Nissan Master Owner Trust Receivables)

Removal of Asset Representations Reviewer. If any of the following events occur, the Indenture Trustee may, oror , at the direction of Noteholders evidencing a majority of the aggregate Outstanding Amount of the Notes shall, by notice to the Asset Representations Reviewer, remove the Asset Representations Reviewer and terminate its rights and obligations under this Agreement:

Appears in 1 contract

Samples: Asset Representations Review Agreement (Santander Drive Auto Receivables LLC)

Removal of Asset Representations Reviewer. If any of the following events occur, the Indenture Trustee may, orshall, at the direction discretion of Noteholders evidencing a majority of the aggregate Outstanding Amount of the Notes shallNotes, by notice to the Asset Representations Reviewer, shall remove the Asset Representations Reviewer and terminate its rights and obligations under this Agreement:

Appears in 1 contract

Samples: Asset Representations Review Agreement (Nissan Auto Receivables Corp Ii)

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