Common use of Servicer Default Clause in Contracts

Servicer Default. 39 Section 8.02 Appointment of Successor...................................................................40 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Waiver of Past Defaults....................................................................41

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2005-B), Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2004-C), Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2004-A)

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Servicer Default. 39 Section 8.02 56 SECTION 7.02. Appointment of Successor...................................................................40 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 .................................. 59 SECTION 7.03. Waiver of Past Defaults....................................................................41................................... 60 SECTION 7.04.

Appears in 3 contracts

Samples: Servicing Agreement (Pg&e Funding LLC), Servicing Agreement (Sdg&e Funding LLC a De Limited Liability Co), Sce Funding LLC

Servicer Default. 39 13 Section 8.02 5.02. Appointment of Successor...................................................................40 .......................................14 Section 8.03 5.03. Notification to Noteholders and Certificateholders.........................................41 Noteholders....................................15 Section 8.04 5.04. Waiver of Past Defaults....................................................................41........................................15

Appears in 3 contracts

Samples: Servicing Agreement (SLM Education Credit Funding LLC), Servicing Agreement (SLM Education Credit Funding LLC), Servicing Agreement (SLM Education Credit Funding LLC)

Servicer Default. 39 Section 8.02 Appointment of Successor.....................................................................................................................40 Section 8.03 Notification to Noteholders and Certificateholders.................................................................41 Section 8.04 Waiver of Past Defaults.......................................................................................................................41

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Daimlerchrysler Services North America LLC), Sale and Servicing Agreement (DaimlerChrysler Financial Services Americas LLC)

Servicer Default. 39 Section 8.02 38 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 ..............................................39 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 ....................40 SECTION 8.04. Waiver of Past Defaults....................................................................41...............................................40 ARTICLE IX Termination

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Daimlerchrysler Services North America LLC), Sale and Servicing Agreement (Daimlerchrysler Services North America LLC)

Servicer Default. 39 15 Section 8.02 5.2 Appointment of Successor...................................................................40 ............................................................................16 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Noteholders.........................................................................17 Section 8.04 5.4 Waiver of Past Defaults....................................................................41.............................................................................17 ARTICLE VI

Appears in 2 contracts

Samples: Servicing Agreement (SLM Funding LLC), Servicing Agreement (SLM Funding LLC)

Servicer Default. 39 16 Section 8.02 5.2 Appointment of Successor...................................................................40 ......................................18 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Noteholders...................................19 Section 8.04 5.4 Waiver of Past Defaults....................................................................41.......................................19 Article VI

Appears in 2 contracts

Samples: Servicing Agreement (SLC Student Loan Trust 2006-1), SLC Student Loan Receivables I Inc

Servicer Default. 39 Section 8.02 Appointment of Successor.....................................................................................................................40 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Waiver of Past Defaults............................................................................................41

Appears in 2 contracts

Samples: Sale and Servicing Agreement (DaimlerChrysler Financial Services Americas LLC), Sale and Servicing Agreement (DaimlerChrysler Financial Services Americas LLC)

Servicer Default. 39 Section 8.02 49 SECTION 8.2 Appointment of Successor...................................................................40 Section 8.03 ..............................................................50 SECTION 8.3 [RESERVED]............................................................................51 SECTION 8.4 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 ....................................51 SECTION 8.5 Waiver of Past Defaults....................................................................41...............................................................51

Appears in 2 contracts

Samples: Sale and Servicing Agreement (FCC Receivables Corp), Execution Copy (Franklin Receivables LLC)

Servicer Default. 39 21 Section 8.02 7.02. Appointment of Successor...................................................................40 .................................................... 22 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 7.03. Waiver of Past Defaults....................................................................41..................................................... 23

Appears in 2 contracts

Samples: Servicing Agreement (Northeast Utilities System), Servicing Agreement (PSNH Funding LLC 2)

Servicer Default. 39 21 Section 8.02 7.02. Appointment of Successor...................................................................40 ....................................................22 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 7.03. Waiver of Past Defaults....................................................................41.....................................................23

Appears in 2 contracts

Samples: Servicing Agreement (Northeast Utilities System), Servicing Agreement (PSNH Funding LLC)

Servicer Default. 39 16 Section 8.02 5.2 Appointment of Successor...................................................................40 ......................................17 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Noteholders...................................18 Section 8.04 5.4 Waiver of Past Defaults....................................................................41.......................................18 Article VI

Appears in 2 contracts

Samples: Servicing Agreement (SLC Student Loan Trust 2005-2), SLC Student Loan Trust 2005-1

Servicer Default. 39 Section 8.02 27 SECTION 7.02. Appointment of Successor...................................................................40 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 .................................29 SECTION 7.03. Waiver of Past Defaults....................................................................41..................................30 SECTION 7.04. Notice of Servicer Default...............................30 SECTION 7.05. Cooperation with Successor...............................30

Appears in 2 contracts

Samples: Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC), Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC)

Servicer Default. 39 Section 8.02 Appointment 17 SECTION 7.02. Notice of Successor...................................................................40 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Servicer Default.................................................................19 SECTION 7.03. Waiver of Past Defaults....................................................................4119 SECTION 7.04. Appointment of Successor...................................................................19 SECTION 7.05. Cooperation with Successor.................................................................20

Appears in 1 contract

Samples: Securitization Property Servicing Agreement (Detroit Edison Securitization Funding LLC)

Servicer Default. 39 Section 8.02 47 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 Successor ...................................... 49 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Certificateholders ............ 50 SECTION 8.04. Waiver of Past Defaults....................................................................41Defaults ....................................... 50 ARTICLE IX Termination

Appears in 1 contract

Samples: Sale and Servicing Agreement (Nal Financial Group Inc)

Servicer Default. 39 Section 8.02 51 SECTION 8.2. Appointment of Successor...................................................................40 Section 8.03 ................................................................... 53 SECTION 8.3. Notification to Noteholders Noteholders, Certificateholders and Certificateholders.........................................41 Section 8.04 Backup Servicer........................ 54 SECTION 8.4. Waiver of Past Defaults....................................................................41.................................................................... 54 ARTICLE VIII-A THE BACKUP SERVICER............................................................................. 54

Appears in 1 contract

Samples: Sale and Servicing Agreement (Prudential Securities Secured Financing Corp)

Servicer Default. 39 Section 8.02 SECTION 8.02. Appointment of Successor......................................................................................................40 Section 8.03 SECTION 8.03. Notification to Noteholders and Certificateholders..................................................41 Section 8.04 SECTION 8.04. Waiver of Past Defaults........................................................................................................41

Appears in 1 contract

Samples: Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2000 A)

Servicer Default. 39 Section 8.02 SECTION 8.02. Appointment of Successor...................................................................Successor ............................... 40 Section 8.03 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................Certificateholder ...... 41 Section 8.04 SECTION 8.04. Waiver of Past Defaults....................................................................41Defaults ................................ 41 SECTION 8.05. Appointment of Custodians .............................. 42

Appears in 1 contract

Samples: Sale and Servicing Agreement (Caterpillar Financial Funding Corp)

Servicer Default. 39 Section 8.02 73 SECTION 8.2. Appointment of Successor...................................................................40 Section 8.03 ...............................73 SECTION 8.3. [RESERVED].............................................75 SECTION 8.4. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 .....................................76 SECTION 8.5. Waiver of Past Defaults....................................................................41................................76 ARTICLE IX

Appears in 1 contract

Samples: Sale and Servicing (TMS Auto Holdings Inc)

Servicer Default. 39 17 Section 8.02 5.2 Appointment of Successor...................................................................40 ................................................................. 18 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Noteholders.............................................................. 19 Section 8.04 5.4 Waiver of Past Defaults....................................................................41.................................................................. 19 Section 6.1 Amendment................................................................................ 19 Section 6.2 Notices.................................................................................. 20 Section 6.3 Counterparts............................................................................. 22 Section 6.4 Entire Agreement; Severability........................................................... 22 Section 6.5 Governing Law............................................................................ 22 Section 6.6

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding LLC)

Servicer Default. 39 Section 8.02 46 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 Successor .................................... 47 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Certificateholders Waiver of Past Defaults....................................................................41Defaults .................. 49 SECTION 8.04. Waiver of Past Defaults ..................................... 49

Appears in 1 contract

Samples: Sale and Servicing Agreement (Nal Financial Group Inc)

Servicer Default. 39 42 Section 8.02 Appointment of Successor...................................................................40 .....................................44 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 ...........44 Section 8.04 Waiver of Past Defaults....................................................................41......................................44

Appears in 1 contract

Samples: Sale and Servicing Agreement (DaimlerChrysler Auto Trust 2006-C)

Servicer Default. 39 13 Section 8.02 5.02. Appointment of Successor...................................................................40 ........................................14 Section 8.03 5.03. Notification to Noteholders and Certificateholders.........................................41 Noteholders.....................................15 Section 8.04 5.04. Waiver of Past Defaults....................................................................41.........................................15

Appears in 1 contract

Samples: Servicing Agreement (SLM Education Credit Funding LLC)

Servicer Default. 39 Section 8.02 42 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 ................................. 43 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Noteholders.............................. 44 SECTION 8.04. Waiver of Past Defaults....................................................................41.................................. 44 ARTICLE IX EARLY AMORTIZATION EVENTS; OPTIONAL PURCHASE

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts)

Servicer Default. 39 Section 8.02 42 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 ................................................ 43 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 ...................... 44 SECTION 8.04. Waiver of Past Defaults....................................................................41................................................. 44 PAGE ---- ARTICLE IX Termination

Appears in 1 contract

Samples: Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2001-C)

Servicer Default. 39 22 Section 8.02 7.02 Appointment of Successor...................................................................40 ..................................................... 24 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 7.03 Waiver of Past Defaults....................................................................41...................................................... 24 Section 7.04 Notice of Servicer Default................................................... 25

Appears in 1 contract

Samples: Transition Property Servicing Agreement (Bec Funding LLC)

Servicer Default. 39 Section 8.02 40 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 ............................41 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 ..................................42 SECTION 8.04. Waiver of Past Defaults....................................................................41.............................42 ARTICLE IX Termination

Appears in 1 contract

Samples: Sale and Servicing Agreement (Premier Auto Trust 1999-2)

Servicer Default. 39 19 Section 8.02 5.2 Appointment of Successor...................................................................40 ..................................................... 21 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Noteholders.................................................. 22 Section 8.04 5.4 Waiver of Past Defaults....................................................................41...................................................... 22

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding Corp)

Servicer Default. 39 Section 8.02 18 SECTION 6.02. Appointment of Successor...................................................................40 Section 8.03 ................................ 19 SECTION 6.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Noteholders............................. 20 SECTION 6.04. Waiver of Past Defaults....................................................................41................................. 20 ARTICLE VII Termination SECTION 7.01. Termination............................................. 20 ARTICLE VIII

Appears in 1 contract

Samples: Servicing Agreement (Wells Fargo Student Loans Receivables I LLC)

Servicer Default. 39 Section 8.02 46 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 .............................. 47 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 .................................... 49 SECTION 8.04. Waiver of Past Defaults....................................................................41............................... 49

Appears in 1 contract

Samples: Sale and Servicing Agreement (Nal Financial Group Inc)

Servicer Default. 39 Section 8.02 43 SECTION 7.2. Appointment of Successor...................................................................40 Section 8.03 ..................................44 SECTION 7.3. Payment of Servicing Fee..................................44 SECTION 7.4. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 ........45 SECTION 7.5. Waiver of Past Defaults....................................................................41...................................45

Appears in 1 contract

Samples: Master Servicing Agreement (Structured Asset Mortgage Investments Inc)

Servicer Default. 39 Section 8.02 40 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 ........................................42 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Certificateholder...............43 SECTION 8.04. Waiver of Past Defaults....................................................................41.........................................43

Appears in 1 contract

Samples: Sale and Servicing Agreement (Caterpillar Financial Funding Corp)

Servicer Default. 39 14 Section 8.02 5.2 Appointment of Successor...................................................................40 .......................................16 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Noteholders....................................16 Section 8.04 5.4 Waiver of Past Defaults....................................................................41........................................17 Section 6.1 Amendment......................................................17 Section 6.2 Notices........................................................18 Section 6.3 Counterparts...................................................18 Section 6.4 Entire Agreement; Severability.................................18 Section 6.5 Governing Law..................................................18 Section 6.6

Appears in 1 contract

Samples: Servicing Agreement (SLC Student Loan Receivables I Inc)

Servicer Default. 39 19 Section 8.02 5.2 Appointment of Successor...................................................................40 Successor ....................................... 21 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 .................................... 22 Section 8.04 5.4 Waiver of Past Defaults....................................................................41Defaults ........................................ 22

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding Corp)

Servicer Default. 39 19 Section 8.02 5.2 Appointment of Successor...................................................................40 Successor .................................. 21 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Certificateholders .................................... 22 Section 8.04 5.4 Waiver of Past Defaults....................................................................41Defaults ................................... 22

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding Corp)

Servicer Default. 39 Section 8.02 38 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 ..............................................................39 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 ....................................40 SECTION 8.04. Waiver of Past Defaults....................................................................41...............................................................40 ARTICLE IX Termination

Appears in 1 contract

Samples: Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2002 A)

Servicer Default. 39 21 Section 8.02 7.02. Appointment of Successor...................................................................40 Successor .............................. 22 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 7.03. Waiver of Past Defaults....................................................................41Defaults ............................... 23 Section 7.04.

Appears in 1 contract

Samples: Servicing Agreement (PSNH Funding LLC 2)

Servicer Default. 39 Section 8.02 24 SECTION 7.02. Appointment of Successor...................................................................40 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 ..............................................................26 SECTION 7.03. Waiver of Past Defaults....................................................................41...............................................................26 SECTION 7.04. Notice of Servicer Default............................................................27 SECTION 7.05. Cooperation with Successor............................................................27

Appears in 1 contract

Samples: Transition Property Servicing Agreement (CPL Transition Funding LLC)

Servicer Default. 39 6 Section 8.02 5.2 Appointment of Successor...................................................................40 Successor ........................................... 17 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 ........................................ 18 Section 8.04 5.4 Waiver of Past Defaults....................................................................41Defaults ............................................ 18 ARTICLE VI

Appears in 1 contract

Samples: Servicing Agreement (SLM Education Credit Funding LLC)

Servicer Default. 39 Section 8.02 32 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 ...................................................................... 33 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 ............................................ 34 SECTION 8.04. Waiver of Past Defaults....................................................................41....................................................................... 34 ARTICLE IX Termination

Appears in 1 contract

Samples: Sale and Servicing Agreement (Nal Financial Group Inc)

Servicer Default. 39 42 Section 8.02 Appointment of Successor...................................................................40 ................................................................... 44 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 ......................................... 44 Section 8.04 Waiver of Past Defaults....................................................................41.................................................................... 44 Section 8.05 Payment of Servicing Fees; Repayment of Advances........................................... 45 ARTICLE IX

Appears in 1 contract

Samples: Sale and Servicing Agreement (World Omni Auto Receivables LLC)

Servicer Default. 39 15 Section 8.02 5.2 Appointment of Successor...................................................................40 ......................................................................17 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Noteholders...................................................................18 Section 8.04 5.4 Waiver of Past Defaults....................................................................41.......................................................................18 Section 6.1 Amendment.....................................................................................18 Section 6.2 Notices.......................................................................................19 Section 6.3 Counterparts..................................................................................20 Section 6.4 Entire Agreement; Severability................................................................20 Section 6.5

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding LLC)

Servicer Default. 39 43 Section 8.02 Appointment of Successor...................................................................40 ..................................................44 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 ........................44 Section 8.04 Waiver of Past Defaults....................................................................41...................................................45

Appears in 1 contract

Samples: Sale and Servicing Agreement (DaimlerChrysler Auto Trust 2006-A)

Servicer Default. 39 15 Section 8.02 5.2 Appointment of Successor...................................................................40 ...................................................................... 17 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Noteholders................................................................... 17 Section 8.04 5.4 Waiver of Past Defaults....................................................................41....................................................................... 17 Section 6.1 Amendment..................................................................................... 18 Section 6.2 Notices....................................................................................... 19 Section 6.3 Counterparts.................................................................................. 20 Section 6.4 Entire Agreement; Severability................................................................ 20 Section 6.5

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding LLC)

Servicer Default. 39 Section 8.02 SECTION 8.02. Appointment of Successor.................................................................................................... 40 Section 8.03 SECTION 8.03. Notification to Noteholders and Certificateholders................................................ 41 Section 8.04 SECTION 8.04. Waiver of Past Defaults....................................................................41.................................. 41 ARTICLE IX Termination

Appears in 1 contract

Samples: Sale and Servicing Agreement (Premier Auto Trust 1998-1)

Servicer Default. 39 19 Section 8.02 5.2 Appointment of Successor...................................................................40 Successor .....................................21 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Certificateholders .......................................22 Section 8.04 5.4 Waiver of Past Defaults....................................................................41Defaults ......................................22

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding Corp)

Servicer Default. 39 Section 8.02 SECTION 8.02. Appointment of Successor.............................................................................................................................40 Section 8.03 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................................................41 Section 8.04 SECTION 8.04. Waiver of Past Defaults...............................................................................................................................41

Appears in 1 contract

Samples: Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2000 B)

Servicer Default. 39 Section 8.02 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 ............................ 41 SECTION 8.03. Notification to Noteholders and Certificateholders........................................... 41 Section 8.04 SECTION 8.04. Waiver of Past Defaults................................................................................................. 41

Appears in 1 contract

Samples: Sale and Servicing Agreement (Premier Auto Trust 1997-2)

Servicer Default. 39 Section 8.02 Appointment of Successor.....................................................................................................40 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Waiver of Past Defaults............................................................................................................41

Appears in 1 contract

Samples: Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2005-A)

Servicer Default. 39 19 Section 8.02 5.2 Appointment of Successor...................................................................40 Successor .................................... 20 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Certificateholders ........................................ 21 Section 8.04 5.4 Waiver of Past Defaults....................................................................41Defaults ..................................... 21 ARTICLE VI

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding Corp)

Servicer Default. 39 44 Section 8.02 8.02. Appointment of Successor...................................................................40 ................................................................... 45 Section 8.03 8.03. Notification to Noteholders and Certificateholders.........................................41 Noteholders................................................................ 46 Section 8.04 8.04. Waiver of Past Defaults....................................................................41.................................................................... 46

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Advanta Bank Corp)

Servicer Default. 39 Section 8.02 SECTION 8.02. Appointment of Successor................................................................................................... 40 Section 8.03 SECTION 8.03. Notification to Noteholders and Certificateholders............................................... 41 Section 8.04 SECTION 8.04. Waiver of Past Defaults..................................................................................................... 41

Appears in 1 contract

Samples: Sale and Servicing Agreement (Premier Auto Trust 1997-3)

Servicer Default. 39 Section 8.02 73 SECTION 8.2. Appointment of Successor...................................................................40 Section 8.03 ...........................73 SECTION 8.3. [RESERVED].........................................76 SECTION 8.4. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 .................................76 SECTION 8.5. Waiver of Past Defaults....................................................................41............................76 ARTICLE IX

Appears in 1 contract

Samples: Sale and Servicing (TMS Auto Holdings Inc)

Servicer Default. 39 Section 8.02 SECTION 8.02. Appointment of Successor.......................................................................................................40 Section 8.03 SECTION 8.03. Notification to Noteholders and Certificateholders...................................................41 Section 8.04 SECTION 8.04. Waiver of Past Defaults....................................................................41.....................................41 ARTICLE IX Termination

Appears in 1 contract

Samples: Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2001-A)

Servicer Default. 39 Section 8.02 17 SECTION 6.02. Appointment of Successor...................................................................40 Section 8.03 .................................................18 SECTION 6.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Noteholders..............................................19 SECTION 6.04. Waiver of Past Defaults....................................................................41..................................................19

Appears in 1 contract

Samples: Servicing Agreement (Wells Fargo Student Loans Receivables I LLC)

Servicer Default. 39 Section 8.02 SECTION 8.02. Appointment of Successor....................................................................................................40 Section 8.03 SECTION 8.03. Notification to Noteholders and Certificateholders................................................41 Section 8.04 SECTION 8.04. Waiver of Past Defaults......................................................................................................41

Appears in 1 contract

Samples: Sale and Servicing Agreement (Chrysler Financial Co LLC)

Servicer Default. 39 41 -ii- 4 TABLE OF CONTENTS (CONTINUED) PAGE Section 8.02 8.02. Appointment of Successor...................................................................40 .......................................42 Section 8.03 8.03. Notification to Noteholders and Certificateholders.........................................41 Noteholders....................................43 Section 8.04 8.04. Waiver of Past Defaults....................................................................41........................................43

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Advanta Bank Corp)

Servicer Default. 39 15 Section 8.02 5.2 Appointment of Successor...................................................................40 ........................................................................... 16 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Noteholders........................................................................ 17 Section 8.04 5.4 Waiver of Past Defaults....................................................................41............................................................................ 17 ARTICLE VI

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding LLC)

Servicer Default. 39 Section 8.02 43 SECTION 7.2. Appointment of Successor...................................................................40 Section 8.03 ........................44 SECTION 7.3. Payment of Servicing Fee........................44 SECTION 7.4. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 ........................45 SECTION 7.5. Waiver of Past Defaults....................................................................41.........................45

Appears in 1 contract

Samples: Master Servicing Agreement (Structured Asset Mortgage Investments Inc)

Servicer Default. 39 Section 8.02 SECTION 8.02. Appointment of Successor..................................................................................................... 40 Section 8.03 SECTION 8.03. Notification to Noteholders and Certificateholders................................................. 41 Section 8.04 SECTION 8.04. Waiver of Past Defaults....................................................................................................... 41

Appears in 1 contract

Samples: Sale and Servicing Agreement (Premier Auto Trust 1998-2)

Servicer Default. 39 Section 8.02 36 SECTION 8.2. Appointment of Successor...................................................................40 Section 8.03 Successor Servicer........................37 SECTION 8.3. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 .......39 SECTION 8.4. Waiver of Past Defaults....................................................................41..................................39 ARTICLE IX Termination..............................................40 SECTION 9.1. Optional Purchase of All Receivables.....................40

Appears in 1 contract

Samples: Sale and Servicing Agreement (CNH Capital Receivables Inc)

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Servicer Default. 39 19 Section 8.02 5.2 Appointment of Successor...................................................................40 .................................. 21 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 ........ 22 Section 8.04 5.4 Waiver of Past Defaults....................................................................41................................... 22

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding Corp)

Servicer Default. 39 17 Section 8.02 5.2 Appointment of Successor...................................................................40 Successor .......................................18 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 ....................................19 Section 8.04 5.4 Waiver of Past Defaults....................................................................41Defaults ........................................19 Article VI

Appears in 1 contract

Samples: Servicing Agreement (SLC Student Loan Trust 2006-2)

Servicer Default. 39 15 Section 8.02 5.2 Appointment of Successor...................................................................40 ...................................................................... 16 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Noteholders................................................................... 17 Section 8.04 5.4 Waiver of Past Defaults....................................................................41....................................................................... 17 ARTICLE VI

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding LLC)

Servicer Default. 39 37 Section 8.02 Appointment of Successor...................................................................40 ...............................38 Section 8.03 Repayment of Advances..................................39 Section 8.04 Notification to Noteholders and Certificateholders.........................................41 .....39 Section 8.04 Waiver of Past Defaults....................................................................418.05

Appears in 1 contract

Samples: Sale and Servicing Agreement (Gs Mortgage Securities Corp)

Servicer Default. 39 Section 8.02 43 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 .......................................44 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Certificateholder..............45 SECTION 8.04. Waiver of Past Defaults....................................................................41........................................45 SECTION 8.05. Appointment of Custodians......................................45

Appears in 1 contract

Samples: Sale and Servicing Agreement (Caterpillar Financial Funding Corp)

Servicer Default. 39 Section 8.02 Appointment of Successor.................................................................................................................................40 Section 8.03 Notification to Noteholders and Certificateholders.............................................................................41 Section 8.04 Waiver of Past Defaults...................................................................................................................................41

Appears in 1 contract

Samples: Sale and Servicing Agreement (Daimlerchrysler Services North America LLC)

Servicer Default. 39 Section 8.02 Appointment of Successor.....................................................................................................40 Section 8.03 Notification to Noteholders and Certificateholders.................................................41 Section 8.04 Waiver of Past Defaults.......................................................................................................41

Appears in 1 contract

Samples: Sale and Servicing Agreement (Daimlerchrysler Services North America LLC)

Servicer Default. 39 Section 8.02 40 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 ............................41 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 ..42 SECTION 8.04. Waiver of Past Defaults....................................................................41.............................42 ARTICLE IX Termination

Appears in 1 contract

Samples: Sale and Servicing Agreement (Premier Auto Trust 1999-1)

Servicer Default. 39 Section 8.02 Appointment 42 SECTION 6.02. Notice of Successor...................................................................40 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Servicer Default.....................................45 SECTION 6.03. Waiver of Past Defaults....................................................................41........................................46 SECTION 6.04. Appointment of Successor.......................................46 SECTION 6.05. Cooperation with Successor.....................................48

Appears in 1 contract

Samples: Master Servicing Agreement (Peco Energy Transition Trust)

Servicer Default. 39 Section 8.02 SECTION 8.02. Appointment of Successor..................................................................................................... 40 Section 8.03 SECTION 8.03. Notification to Noteholders and Certificateholders................................................. 41 Section 8.04 SECTION 8.04. Waiver of Past Defaults....................................................................41................................... 41 ARTICLE IX Termination

Appears in 1 contract

Samples: Sale and Servicing Agreement (Premier Auto Trust 1998-3)

Servicer Default. 39 Section 8.02 59 SECTION 8.2 Appointment of Successor...................................................................40 Section 8.03 ........................... 60 SECTION 8.3 [RESERVED]......................................... 61 SECTION 8.4 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 . 61 SECTION 8.5 Waiver of Past Defaults....................................................................41............................ 61 ARTICLE IX Termination

Appears in 1 contract

Samples: Sale and Servicing (TMS Auto Holdings Inc)

Servicer Default. 39 Section 8.02 Appointment of Successor.....................................................................................................................................................40 Section 8.03 Notification to Noteholders and Certificateholders.................................................................................................41 Section 8.04 Waiver of Past Defaults.......................................................................................................................................................41

Appears in 1 contract

Samples: Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2004-B)

Servicer Default. 39 66 Section 8.02 8.2 Appointment of Successor...................................................................40 ......................................68 Section 8.03 8.3 Notification to Noteholders Noteholders, Certificateholders and Certificateholders.........................................41 Backup Servicer..............................................69 Section 8.04 8.4 Waiver of Past Defaults....................................................................41.......................................69 ARTICLE VIII-A THE BACKUP SERVICER

Appears in 1 contract

Samples: Sale and Servicing Agreement (Painewebber Asset Acceptance Corp)

Servicer Default. 39 Section 8.02 49 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 ............................... 50 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Noteholders............................ 51 SECTION 8.04. Waiver of Past Defaults....................................................................41................................ 51 ARTICLE IX EARLY AMORTIZATION EVENTS; OPTIONAL ACQUISITION

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts)

Servicer Default. 39 Section 8.02 72 SECTION 8.2. Appointment of Successor...................................................................40 Section 8.03 ...........................74 SECTION 8.3. [RESERVED].........................................75 SECTION 8.4. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 .................................75 SECTION 8.5. Waiver of Past Defaults....................................................................41............................75 ARTICLE IX

Appears in 1 contract

Samples: Sale and Servicing (Money Store Auto Trust 1996-2)

Servicer Default. 39 Section 8.02 Appointment 17 SECTION 7.02. Notice of Successor...................................................................40 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Servicer Default......................................19 SECTION 7.03. Waiver of Past Defaults....................................................................41.........................................19 SECTION 7.04. Appointment of Successor........................................19 SECTION 7.05. Cooperation with Successor......................................20

Appears in 1 contract

Samples: Securitization Property Servicing Agreement (Detroit Edison Securitization Funding LLC)

Servicer Default. 39 19 Section 8.02 5.2 Appointment of Successor...................................................................40 .................................................... 21 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Noteholders................................................. 22 Section 8.04 5.4 Waiver of Past Defaults....................................................................41..................................................... 22

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding Corp)

Servicer Default. 39 Section 8.02 48 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 ...................................... 49 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Noteholders................................... 50 SECTION 8.04. Waiver of Past Defaults....................................................................41....................................... 50 ARTICLE IX EARLY AMORTIZATION EVENTS; OPTIONAL ACQUISITION

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts)

Servicer Default. 39 19 Section 8.02 5.2 Appointment of Successor...................................................................40 .......................... 21 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 ............................... 22 Section 8.04 5.4 Waiver of Past Defaults....................................................................41........................... 22

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding Corp)

Servicer Default. 39 19 Section 8.02 5.2 Appointment of Successor...................................................................40 ....................................... 21 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Noteholders.................................... 22 Section 8.04 5.4 Waiver of Past Defaults....................................................................41........................................ 22

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding Corp)

Servicer Default. 39 19 Section 8.02 5.2 Appointment of Successor...................................................................40 Successor ......................................................... 21 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 ...................................................... 22 Section 8.04 5.4 Waiver of Past Defaults....................................................................41Defaults .......................................................... 22

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding Corp)

Servicer Default. 39 15 Section 8.02 5.02 Appointment of Successor...................................................................40 ..................................................................... 16 Section 8.03 5.03 Notification to Noteholders and Certificateholders.........................................41 Noteholders.................................................................. 17 Section 8.04 5.04 Waiver of Past Defaults....................................................................41...................................................................... 17 ARTICLE VI

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding LLC)

Servicer Default. 39 32 Section 8.02 Appointment of Successor...................................................................40 ....................................33 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 ..........34 Section 8.04 Waiver of Past Defaults....................................................................41.....................................34 Section 8.05 Payment of Servicing Fees; Repayment of Advances............34

Appears in 1 contract

Samples: Sale and Servicing Agreement (World Omni Auto Receivables LLC)

Servicer Default. 39 13 Section 8.02 5.02. Appointment of Successor...................................................................40 ...................................................... 14 Section 8.03 5.03. Notification to Noteholders and Certificateholders.........................................41 Noteholders................................................... 15 Section 8.04 5.04. Waiver of Past Defaults....................................................................41....................................................... 15

Appears in 1 contract

Samples: Servicing Agreement (SLM Education Credit Funding LLC)

Servicer Default. 39 Section 8.02 32 SECTION 8.2. Appointment of Successor...................................................................40 Section 8.03 Successor Servicer...................33 SECTION 8.3. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 ..34 SECTION 8.4. Waiver of Past Defaults....................................................................41.............................35 ARTICLE IX Termination...............................35 SECTION 9.1. Optional Purchase of All Receivables................35

Appears in 1 contract

Samples: Sale and Servicing Agreement (Case Receivables Ii Inc)

Servicer Default. 39 16 Section 8.02 5.2 Appointment of Successor...................................................................40 ....................................................................... 18 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Noteholders.................................................................... 19 Section 8.04 5.4 Waiver of Past Defaults....................................................................41........................................................................ 19 Section 6.1 Amendment...................................................................................... 19 Section 6.2 Notices........................................................................................ 20 Section 6.3 Counterparts................................................................................... 21 Section 6.4 Entire Agreement; Severability................................................................. 22 Section 6.5 Governing Law.................................................................................. 22 Section 6.6

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding LLC)

Servicer Default. 39 23 Section 8.02 7.02 Appointment of Successor...................................................................40 .....................................................24 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 7.03 Waiver of Past Defaults....................................................................41......................................................25 Section 7.04 Notice of Servicer Default...................................................25

Appears in 1 contract

Samples: Transition Property Servicing Agreement (B E C Energy)

Servicer Default. 39 15 Section 8.02 5.2 Appointment of Successor...................................................................40 .................................................................... 16 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Noteholders................................................................. 17 Section 8.04 5.4 Waiver of Past Defaults....................................................................41..................................................................... 17 Section 6.1 Amendment................................................................................... 17 Section 6.2 Notices..................................................................................... 18 Section 6.3 Counterparts................................................................................ 19 Section 6.4

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding LLC)

Servicer Default. 39 16 Section 8.02 5.2 Appointment of Successor...................................................................40 Successor ............................................................... 17 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 ............................................................ 18 Section 8.04 5.4 Waiver of Past Defaults....................................................................41Defaults ................................................................ 18 ARTICLE VI

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding Corp)

Servicer Default. 39 Section 8.02 50 SECTION 8.2 Appointment of Successor...................................................................40 Section 8.03 .................................. 52 SECTION 8.3 [RESERVED]................................................ 52 SECTION 8.4 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 ........ 52 SECTION 8.5 Waiver of Past Defaults....................................................................41................................... 52

Appears in 1 contract

Samples: Sale and Servicing Agreement (Franklin Receivables LLC)

Servicer Default. 39 42 Section 8.02 Appointment of Successor...................................................................40 Successor .................................................... 43 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Certificateholders .......................... 44 Section 8.04 Waiver of Past Defaults....................................................................41Defaults ..................................................... 44 Section 8.05 Payment of Servicing Fees; Repayment of Advances ............................ 44 ARTICLE IX TERMINATION .............................................................................. 45 Section 9.01 Optional Purchase of All Receivables ........................................ 45

Appears in 1 contract

Samples: Sale and Servicing Agreement (World Omni Auto Receivables LLC)

Servicer Default. 39 Section 8.02 Appointment of Successor................................................................................................................................................40 Section 8.03 Notification to Noteholders and Certificateholders.........................................41 Section 8.04 Waiver of Past Defaults.......................................................................................................................41

Appears in 1 contract

Samples: Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2003-B)

Servicer Default. 39 19 Section 8.02 5.2 Appointment of Successor...................................................................40 Successor .................................. 21 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Certificateholders ...................................... 22 Section 8.04 5.4 Waiver of Past Defaults....................................................................41Defaults ................................... 22

Appears in 1 contract

Samples: Servicing Agreement (SLM Funding Corp)

Servicer Default. 39 16 Section 8.02 5.2 Appointment of Successor...................................................................40 ...................................................17 Section 8.03 5.3 Notification to Noteholders and Certificateholders.........................................41 Noteholders................................................18 Section 8.04 5.4 Waiver of Past Defaults....................................................................41....................................................18 Article VI

Appears in 1 contract

Samples: Servicing Agreement (SLC Student Loan Trust 2004-1)

Servicer Default. 39 Section 42 SECTION 8.02 Appointment of Successor...................................................................40 Section .........................................43 SECTION 8.03 Notification to Noteholders and Certificateholders.........................................41 Section the Certificateholder............44 SECTION 8.04 Waiver of Past Defaults....................................................................41..........................................44

Appears in 1 contract

Samples: Sale and Servicing Agreement (John Deere Owner Trust 2006)

Servicer Default. 39 Section 8.02 SECTION 8.02. Appointment of Successor.........................................................................................40 Section 8.03 SECTION 8.03. Notification to Noteholders and Certificateholders...................................................................41 Section 8.04 SECTION 8.04. Waiver of Past Defaults....................................................................41.......................41 ARTICLE IX Termination

Appears in 1 contract

Samples: Sale and Servicing Agreement (Chrysler Financial Co LLC)

Servicer Default. 39 Section 8.02 32 SECTION 8.2. Appointment of Successor...................................................................40 Section 8.03 Successor Servicer....................33 SECTION 8.3. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 ..................................34 SECTION 8.4. Waiver of Past Defaults....................................................................41..............................35

Appears in 1 contract

Samples: Sale and Servicing Agreement (Case Receivables Ii Inc)

Servicer Default. 39 Section 8.02 47 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 ................................. 48 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 ....... 49 SECTION 8.04. Waiver of Past Defaults....................................................................41.................................. 49

Appears in 1 contract

Samples: Sale and Servicing Agreement (Caterpillar Financial Funding Corp)

Servicer Default. 39 Section 8.02 40 SECTION 8.02. Appointment of Successor...................................................................40 Section 8.03 ....................................41 SECTION 8.03. Notification to Noteholders and Certificateholders.........................................41 Section 8.04 ..........42 SECTION 8.04. Waiver of Past Defaults....................................................................41.....................................42 ARTICLE IX Termination

Appears in 1 contract

Samples: Sale and Servicing Agreement (Chrysler Financial Co LLC Premier Auto Trust 1999-3)

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