Common use of Replacement of Indenture Trustee Clause in Contracts

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing written notice of its resignation to the Issuer. The Administrator, on behalf of the Issuer, may remove the Indenture Trustee if:

Appears in 107 contracts

Samples: Toyota Auto Receivables 2024-B Owner Trust, Toyota Auto Receivables 2024-a Owner Trust, Toyota Auto Receivables 2024-a Owner Trust

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Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing written notice of its resignation to so notifying the IssuerIssuer and the Servicer. The Administrator, on behalf of the Issuer, may Issuer shall remove the Indenture Trustee if:

Appears in 69 contracts

Samples: Indenture (Harley-Davidson Motorcycle Trust 2023-B), Indenture (Harley-Davidson Motorcycle Trust 2023-B), Indenture (Harley-Davidson Motorcycle Trust 2023-A)

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing written notice of its resignation to so notifying the IssuerIssuer and the Servicer. The Administrator, on behalf of the Issuer, Issuer may remove the Indenture Trustee if:

Appears in 42 contracts

Samples: Indenture (American Capital Strategies LTD), Indenture (American Capital Strategies LTD), Indenture (Cit Funding Co, LLC)

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing written notice of its resignation to the Issuer. The Administrator, on behalf of so notifying the Issuer, may the Servicer and the Insurer. The Issuer, may, with the consent of the Insurer, and, at the request of the Insurer shall, remove the Indenture Trustee Trustee, unless an Insurer Default shall have occurred and be continuing, if:

Appears in 28 contracts

Samples: Onyx Acceptance Owner Trust 2005-A, Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp)

Replacement of Indenture Trustee. (a) The Indenture Trustee may resign at any time by providing written notice so notifying the Issuer in writing at least sixty (60) days prior and upon the appointment and assumption of its resignation to the Issuer. The Administrator, on behalf of the Issuer, may remove the obligations by a successor Indenture Trustee if:Trustee.

Appears in 27 contracts

Samples: Indenture (Credit Acceptance Corp), Credit Acceptance Corp, Credit Acceptance Corp

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing 30 days prior written notice of its resignation to the Issuer. The Administrator, on behalf Noteholders representing a majority of the Issuer, Outstanding Amount may remove the Indenture Trustee at any time and appoint a successor Indenture Trustee with 30 days prior written notice to the Indenture Trustee and the Owner Trustee. The Administrator may remove the Indenture Trustee if:

Appears in 22 contracts

Samples: Indenture (Nissan Auto Receivables 2019-C Owner Trust), NISSAN AUTO RECEIVABLES Co II LLC, NISSAN AUTO RECEIVABLES Co II LLC

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing written notice of its resignation to the Issuer. The Administrator, on behalf Noteholders representing a majority of the Issuer, Outstanding Amount may remove the Indenture Trustee at any time and appoint a successor Indenture Trustee by so notifying the Indenture Trustee and the Owner Trustee in writing. The Administrator may remove the Indenture Trustee if:

Appears in 18 contracts

Samples: Sale and Servicing Agreement (Nissan Auto Receivables 2016-C Owner Trust), Sale and Servicing Agreement (Nissan Auto Receivables 2016-C Owner Trust), Indenture (Nissan Auto Receivables 2015-C Owner Trust)

Replacement of Indenture Trustee. (a) The Indenture Trustee may resign at any time by providing written notice of its resignation to so notifying the Issuer. The Administrator, on behalf of Required Holders may remove the Issuer, Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Appears in 18 contracts

Samples: Master Transaction Agreement (Emergent Capital, Inc.), Master Transaction Agreement (Emergent Capital, Inc.), Master Transaction Agreement (Emergent Capital, Inc.)

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing written notice of its resignation to the Issuer. The Administrator, on behalf of the Issuer, Administrator may remove the Indenture Trustee if:

Appears in 15 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)

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing written notice of its resignation to each Rating Agency and the Issuer. The Administrator, on behalf of the Issuer, may remove the Indenture Trustee if:

Appears in 10 contracts

Samples: Toyota Lease Trust, Indenture (Toyota Auto Finance Receivables LLC), Toyota Lease Trust

Replacement of Indenture Trustee. (a) The Indenture Trustee may resign at any time by providing written notice of its resignation to the Issuer. The Administrator, on behalf of so notifying the Issuer, may the Servicer and the Insurer. The Issuer, may, with the consent of the Insurer, and, unless an Insurer Default shall have occurred and be continuing, at the request of the Insurer shall, remove the Indenture Trustee if:

Appears in 8 contracts

Samples: Indenture (Uacsc Auto Trusts Uacsc 2000-B Owner Trust Auto Rec Bac Note), Indenture (Uacsc 2002-a Owner TRST Auto Receivable Back Nt), Indenture (Uacsc Auto Trusts Uacsc 1999-D Owner Trust Auto Rec Bac Note)

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing 30 days prior written notice of its resignation to the Issuer. The Administrator, on behalf Noteholders representing a majority of the Issuer, Outstanding Amount may remove the Indenture Trustee at any time and appoint a successor Indenture Trustee with 30 days prior written notice to the Indenture Trustee and the Owner Trustee in writing. The Administrator may remove the Indenture Trustee if:

Appears in 8 contracts

Samples: Nissan Auto Receivables 2018-a Owner Trust, Nissan Auto Receivables 2018-a Owner Trust, Nissan Auto Receivables 2017-C Owner Trust

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing written notice of its resignation to the so notifying Issuer. The Administrator, on behalf Holders of a majority in Outstanding Amount of the Issuer, Notes may remove the Indenture Trustee by so notifying Indenture Trustee and may appoint a successor Indenture Trustee. Issuer shall remove Indenture Trustee if:

Appears in 6 contracts

Samples: Bond Securitization LLC, Capital One Auto Receivables LLC, Amsouth Auto Receivables LLC

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing written notice of its resignation to the Issuer. The Administrator, on behalf of so notifying the Issuer, may the Servicer and the Administrator. The Issuer shall remove the Indenture Trustee if:

Appears in 5 contracts

Samples: Vehicle Lease (Financial Services Vehicle Trust), Vehicle Lease (Financial Services Vehicle Trust), BMW Vehicle Lease (BMW Auto Leasing LLC)

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Replacement of Indenture Trustee. (a) The Indenture Trustee may resign at any time by providing written notice of its resignation to the Issuer. The Administrator, on behalf of so notifying the Issuer, the Depositor and each Rating Agency. The Holders of a majority of the Note Balance of the Outstanding Notes of the Controlling Class may remove the Indenture Trustee without cause by so notifying the Indenture Trustee, the Issuer, the Depositor and each Rating Agency, and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Appears in 4 contracts

Samples: Trust Agreement (California Republic Auto Receivables Trust 2015-2), Trust Agreement (California Republic Funding LLC), Indenture (California Republic Funding LLC)

Replacement of Indenture Trustee. (a) The Indenture Trustee may resign at any time by providing written notice of its resignation to the Issuer. The Administrator, on behalf of so notifying the Issuer, may the Servicer and the Insurer. The Issuer, may, with the consent of the Insurer (unless an Insurer Default shall have occurred and be continuing), and, at the request of the Insurer shall, remove the Indenture Trustee Trustee, if:

Appears in 3 contracts

Samples: Indenture (Bay View Transaction Corp), Bay View Transaction Corp, Bay View Deposit CORP

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing written notice of its resignation to the Issuer. The Administrator, on behalf of so notifying the Issuer, may the Servicer and the Insurer. The Issuer may, with the consent of the Insurer, and, at the request of the Insurer unless an Insurer Default shall have occurred and be continuing, shall, remove the Indenture Trustee Trustee, if:

Appears in 3 contracts

Samples: Indenture (Auto Nations Receivables Corp), Auto Nations Receivables Corp, Auto Nations Receivables Corp

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing written notice of its resignation to the Issuer. The Administrator, on behalf of so notifying the Issuer, may the Servicer and each Rating Agency. The Issuer shall remove the Indenture Trustee if:

Appears in 3 contracts

Samples: Vehicle Lease (BMW Auto Leasing LLC), Vehicle Lease (BMW Auto Leasing LLC), BMW Vehicle Lease Trust 2000-A

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing written notice of its resignation to the Issuer. The Administrator, on behalf of so notifying the Issuer, may the Servicer and the Insurer. The Issuer, may, with the consent of the Insurer, and, unless an Insurer Default shall have occurred and be continuing, at the request of the Insurer shall, remove the Indenture Trustee if:

Appears in 1 contract

Samples: Indenture (Uacsc 1999-B Owner Tr Auto Rec Bk Notes)

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing written notice of its resignation to so notifying the Issuer. The AdministratorIssuer, on behalf upon written notice to the Indenture Trustee and each of the Note Holders, or the Holders of the Notes representing at least a majority of the aggregate Outstanding Amount of the Notes, upon written notice to the Indenture Trustee and the Issuer, may remove the Indenture Trustee if:

Appears in 1 contract

Samples: Onyx Acceptance Corp

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing written notice of its resignation to the Issuer. The Administrator, on behalf of the Issuer, Administrator may remove the Indenture Trustee if:: 49

Appears in 1 contract

Samples: Nissan Auto Receivables Corp Ii

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing written notice of its resignation to the Issuer. The Administrator, on behalf of so notifying the Issuer, may the Servicer and the Insurer. The Issuer, may, with -39- 45 the consent of the Insurer, and, at the request of the Insurer shall, remove the Indenture Trustee Trustee, unless an Insurer Default shall have occurred and be continuing, if:

Appears in 1 contract

Samples: Onyx Acceptance Financial Corp

Replacement of Indenture Trustee. The Indenture Trustee may resign at any time by providing so notifying the Trust, the Insurer and the Master Servicer by written notice of its resignation to the Issuernotice. The AdministratorTrust may, on behalf with the prior written consent of the IssuerInsurer and, may at the request of the Insurer shall, remove the Indenture Trustee Trustee, if:

Appears in 1 contract

Samples: Indenture (Advanta Revolving Home Equity Loan Trust 2000 A)

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