Common use of Rescission and Annulment of Amortization Events Clause in Contracts

Rescission and Annulment of Amortization Events. (1) Subject to Section 7.2 of the Pooling and Servicing Agreement, the Series 2023-1 Co-Owner shall be entitled to rescind and annul any Amortization Event in respect of the Series 2023-1 Ownership Interest by written notice to the Custodian, the Seller and the Servicer at any time during the Amortization Period relating to such Amortization Event.

Appears in 1 contract

Samples: Purchase Agreement

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Rescission and Annulment of Amortization Events. (1) Subject to Section 7.2 of the Pooling and Servicing Agreement, the Series 20232020-1 Co-Owner shall be entitled to rescind and annul any Amortization Event in respect of the Series 20232020-1 Ownership Interest by written notice to the Custodian, the Seller and the Servicer at any time during the Amortization Period relating to such Amortization Event.

Appears in 1 contract

Samples: Purchase Agreement

Rescission and Annulment of Amortization Events. (1) Subject to Section 7.2 of the Pooling and Servicing Agreement, the Series 20231997-1 Co-Owner shall be entitled to rescind and annul any Amortization Event in respect of the Series 20231997-1 Ownership Interest by written notice to the Custodian, the Seller Sellers and the Servicer at any time during the Amortization Period relating to such Amortization Event.

Appears in 1 contract

Samples: Purchase Agreement

Rescission and Annulment of Amortization Events. (1) Subject to Section 7.2 of the Pooling and Servicing Agreement, the Series 20232019-1 Co-Owner shall be entitled to rescind and annul any Amortization Event in respect of the Series 20232019-1 Ownership Interest by written notice to the Custodian, the Seller and the Servicer at any time during the Amortization Period relating to such Amortization Event.

Appears in 1 contract

Samples: Purchase Agreement

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Rescission and Annulment of Amortization Events. (1) Subject to Section 7.2 of the Pooling and Servicing Agreement, the Series 20232022-1 Co-Owner shall be entitled to rescind and annul any Amortization Event in respect of the Series 20232022-1 Ownership Interest by written notice to the Custodian, the Seller and the Servicer at any time during the Amortization Period relating to such Amortization Event.

Appears in 1 contract

Samples: Purchase Agreement

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