Common use of Servicer Default Clause in Contracts

Servicer Default. 56 SECTION 7.02. Appointment of Successor.................................. 59 SECTION 7.03. Waiver of Past Defaults................................... 60 SECTION 7.04.

Appears in 3 contracts

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

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

Appears in 3 contracts

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

Servicer Default. 56 SECTION 7.0213 Section 5.02. Appointment of Successor.................................. 59 SECTION 7.03.......................................14 Section 5.03. Notification to Noteholders....................................15 Section 5.04. Waiver of Past Defaults................................... 60 SECTION 7.04.........................................15

Appears in 3 contracts

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

Servicer Default. 56 SECTION 21 Section 7.02. Appointment of Successor.................................. 59 SECTION ....................................................22 Section 7.03. Waiver of Past Defaults................................... 60 SECTION 7.04......................................................23

Appears in 2 contracts

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

Servicer Default. 56 SECTION 7.02118 Section 8.02. Trustee to Act; Appointment of Successor.................................. 59 SECTION 7.03..................................................120 Section 8.03. Notification to Certificateholders........................................................121 Section 8.04. Waiver of Past Servicer Defaults................................... 60 SECTION 7.04................................................................121 ARTICLE IX

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (NAAC Alternative Loan Trust, Series 2004 - AP3), Pooling and Servicing Agreement (NAAC Alternative Loan Trust, Series 2004 - AP3)

Servicer Default. 56 27 SECTION 7.02. Appointment of Successor.................................. 59 .................................29 SECTION 7.03. Waiver of Past Defaults................................... 60 ..................................30 SECTION 7.04.. Notice of Servicer Default...............................30 SECTION 7.05. Cooperation with Successor...............................30

Appears in 2 contracts

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

Servicer Default. 56 49 SECTION 7.02. 8.2 Appointment of Successor.................................. 59 ..............................................................50 SECTION 7.03. 8.3 [RESERVED]............................................................................51 SECTION 8.4 Notification to Noteholders and Certificateholders....................................51 SECTION 8.5 Waiver of Past Defaults................................... 60 SECTION 7.04................................................................51

Appears in 2 contracts

Sources: Sale and Servicing Agreement (Franklin Receivables LLC), Sale and Servicing Agreement (FCC Receivables Corp)

Servicer Default. 56 SECTION 7.02. 16 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. ......................................18 Section 5.3 Notification to Noteholders...................................19 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04........................................19 Article VI

Appears in 2 contracts

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

Servicer Default. 56 SECTION 7.02. 16 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. ......................................17 Section 5.3 Notification to Noteholders...................................18 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04........................................18 Article VI

Appears in 2 contracts

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

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

Appears in 2 contracts

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

Servicer Default. 56 SECTION 21 Section 7.02. Appointment of Successor.................................. 59 SECTION .................................................... 22 Section 7.03. Waiver of Past Defaults................................... 60 SECTION 7.04...................................................... 23

Appears in 2 contracts

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

Servicer Default. 56 SECTION 7.02. 15 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. ............................................................................16 Section 5.3 Notification to Noteholders.........................................................................17 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04..............................................................................17 ARTICLE VI

Appears in 2 contracts

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

Servicer Default. 56 38 SECTION 7.028.02. Appointment of Successor.................................. 59 ..............................................39 SECTION 7.038.03. Notification to Noteholders and Certificateholders....................40 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04................................................40 ARTICLE IX Termination

Appears in 2 contracts

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

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

Appears in 2 contracts

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

Servicer Default. 56 SECTION 7.0241 -ii- 4 TABLE OF CONTENTS (CONTINUED) PAGE Section 8.02. Appointment of Successor.................................. 59 SECTION 7.03.......................................42 Section 8.03. Notification to Noteholders....................................43 Section 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04.........................................43

Appears in 1 contract

Sources: Transfer and Servicing Agreement (Advanta Bank Corp)

Servicer Default. 56 39 SECTION 7.028.02. Appointment of Successor.................................. 59 40 SECTION 7.038.03. Notification to Noteholders and Certificateholders........ 41 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04.41

Appears in 1 contract

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

Servicer Default. 56 73 SECTION 7.028.2. Appointment of Successor.................................. 59 ...............................73 SECTION 7.038.3. [RESERVED].............................................75 SECTION 8.4. Notification to Noteholders and Certificateholders.....................................76 SECTION 8.5. Waiver of Past Defaults................................... 60 SECTION 7.04.................................76 ARTICLE IX

Appears in 1 contract

Sources: Sale and Servicing Agreement (TMS Auto Holdings Inc)

Servicer Default. 56 49 SECTION 7.028.02. Appointment of Successor.................................. 59 ............................... 50 SECTION 7.038.03. Notification to Noteholders............................ 51 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04................................. 51 ARTICLE IX EARLY AMORTIZATION EVENTS; OPTIONAL ACQUISITION

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 19 Section 5.2 Appointment of SuccessorSuccessor .................................. 59 SECTION 7.03. 21 Section 5.3 Notification to Noteholders and Certificateholders .................................... 22 Section 5.4 Waiver of Past DefaultsDefaults ................................... 60 SECTION 7.04.22

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

Servicer Default. 56 42 SECTION 7.026.02. Appointment Notice of Successor.................................. 59 Servicer Default.....................................45 SECTION 7.036.03. Waiver of Past Defaults................................... 60 ........................................46 SECTION 7.04.6.04. Appointment of Successor.......................................46 SECTION 6.05. Cooperation with Successor.....................................48

Appears in 1 contract

Sources: Master Servicing Agreement (Peco Energy Transition Trust)

Servicer Default. 56 43 SECTION 7.028.02. Appointment of Successor.................................. 59 .......................................44 SECTION 7.038.03. Notification to Noteholders and Certificateholder..............45 SECTION 8.04. Waiver of Past Defaults................................... 60 ........................................45 SECTION 7.04.8.05. Appointment of Custodians......................................45

Appears in 1 contract

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

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

Appears in 1 contract

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

Servicer Default. 56 39 SECTION 7.028.02. Appointment of Successor.................................. 59 ................................ 40 SECTION 7.038.03. Notification to Noteholders and Certificateholders...... 41 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04.................................. 41

Appears in 1 contract

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

Servicer Default. 56 39 SECTION 7.028.02. Appointment of Successor.................................. 59 ............................ 41 SECTION 7.038.03. Notification to Noteholders and Certificateholders.. 41 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04.............................. 41

Appears in 1 contract

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

Servicer Default. 56 59 SECTION 7.02. 8.2 Appointment of Successor.................................. 59 ........................... 60 SECTION 7.038.3 [RESERVED]......................................... 61 SECTION 8.4 Notification to Noteholders and Certificateholders. 61 SECTION 8.5 Waiver of Past Defaults................................... 60 SECTION 7.04............................. 61 ARTICLE IX Termination

Appears in 1 contract

Sources: Sale and Servicing Agreement (TMS Auto Holdings Inc)

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

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 19 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. Successor .................................... 21 Section 5.3 Notification to Noteholders and Certificateholders .......... 22 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04.Defaults ..................................... 22

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

Servicer Default. 56 SECTION 7.02. 19 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. Successor ..................................................... 21 Section 5.3 Notification to Noteholders .................................................. 22 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04.Defaults ...................................................... 22

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

Servicer Default. 56 45 SECTION 7.02. Appointment of Successor.................................. 59 ....................................... 48 SECTION 7.03. Waiver of Past Defaults................................... 60 ........................................ 49 SECTION 7.04.. Notice of Servicer Default..................................... 49

Appears in 1 contract

Sources: Transition Property Servicing Agreement (Sierra Pacific Power Co)

Servicer Default. 56 39 SECTION 7.028.02. Appointment of Successor.................................. 59 ...................................40 SECTION 7.038.03. Notification to Noteholders and Certificateholders.........41 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04.....................................41

Appears in 1 contract

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

Servicer Default. 56 39 SECTION 7.028.02. Appointment of Successor.................................. 59 ................................. 40 SECTION 7.038.03. Notification to Noteholders and Certificateholders....... 41 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04................................... 41 ARTICLE IX Termination

Appears in 1 contract

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

Servicer Default. 56 38 SECTION 7.028.02. Appointment of Successor.................................. 59 ..............................................................39 SECTION 7.038.03. Notification to Noteholders and Certificateholders....................................40 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04................................................................40 ARTICLE IX Termination

Appears in 1 contract

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

Servicer Default. 56 42 SECTION 7.02. 8.02 Appointment of Successor.................................. 59 .........................................43 SECTION 7.03. 8.03 Notification to Noteholders and the Certificateholder............44 SECTION 8.04 Waiver of Past Defaults................................... 60 SECTION 7.04...........................................44

Appears in 1 contract

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

Servicer Default. 56 47 SECTION 7.028.02. Appointment of Successor.................................. 59 Successor ...................................... 49 SECTION 7.038.03. Notification to Noteholders and Certificateholders ............ 50 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04.Defaults ....................................... 50 ARTICLE IX Termination

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 19 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. ..................................................... 21 Section 5.3 Notification to Noteholders.................................................. 22 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04....................................................... 22

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

Servicer Default. 56 42 SECTION 7.028.02. Appointment of Successor.................................. 59 ................................. 43 SECTION 7.038.03. Notification to Noteholders.............................. 44 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04................................... 44 ARTICLE IX EARLY AMORTIZATION EVENTS; OPTIONAL PURCHASE

Appears in 1 contract

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

Servicer Default. 56 42 SECTION 7.028.02. Appointment of Successor.................................. 59 ................................................ 43 SECTION 7.038.03. Notification to Noteholders and Certificateholders...................... 44 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04.................................................. 44 PAGE ---- ARTICLE IX Termination

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 22 Section 7.02 Appointment of Successor.................................. 59 SECTION 7.03. ..................................................... 24 Section 7.03 Waiver of Past Defaults................................... 60 SECTION 7.04....................................................... 24 Section 7.04 Notice of Servicer Default................................................... 25

Appears in 1 contract

Sources: Transition Property Servicing Agreement (Bec Funding LLC)

Servicer Default. 56 73 SECTION 7.028.2. Appointment of Successor.................................. 59 ...........................73 SECTION 7.038.3. [RESERVED].........................................76 SECTION 8.4. Notification to Noteholders and Certificateholders.................................76 SECTION 8.5. Waiver of Past Defaults................................... 60 SECTION 7.04.............................76 ARTICLE IX

Appears in 1 contract

Sources: Sale and Servicing Agreement (TMS Auto Holdings Inc)

Servicer Default. 56 39 SECTION 7.028.02. Appointment of Successor.................................. 59 ....................................40 SECTION 7.038.03. Notification to Noteholders and Certificateholders..........41 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04......................................41 ARTICLE IX Termination

Appears in 1 contract

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

Servicer Default. 56 SECTION 21 Section 7.02. Appointment of Successor.................................. 59 SECTION Successor .............................. 22 Section 7.03. Waiver of Past Defaults................................... 60 SECTION Defaults ............................... 23 Section 7.04.

Appears in 1 contract

Sources: Servicing Agreement (PSNH Funding LLC 2)

Servicer Default. 56 SECTION 7.02. 15 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. ...................................................................... 16 Section 5.3 Notification to Noteholders................................................................... 17 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04........................................................................ 17 ARTICLE VI

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding LLC)

Servicer Default. 56 SECTION 7.02. 15 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. ............................................................................ 16 Section 5.3 Notification to Noteholders......................................................................... 17 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04.............................................................................. 17 ARTICLE VI

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding LLC)

Servicer Default. 56 32 SECTION 7.028.02. Appointment of Successor.................................. 59 ................................ 33 SECTION 7.038.03. Repayment of Advances................................... 34 SECTION 8.04. Notification to Noteholders............................. 34 SECTION 8.05. Waiver of Past Defaults................................... 60 SECTION 7.04.................................. 34

Appears in 1 contract

Sources: Transfer and Servicing Agreement (Deutsche Recreational Asset Funding Corp)

Servicer Default. 56 47 SECTION 7.028.02. Appointment of Successor.................................. 59 ................................. 48 SECTION 7.038.03. Notification to Noteholders and Certificateholders....... 49 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04................................... 49

Appears in 1 contract

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

Servicer Default. 56 40 SECTION 7.028.02. Appointment of Successor.................................. 59 ....................................41 SECTION 7.038.03. Notification to Noteholders and Certificateholders..........42 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04......................................42 ARTICLE IX Termination

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 16 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. ...................................................17 Section 5.3 Notification to Noteholders................................................18 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04.....................................................18 Article VI

Appears in 1 contract

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

Servicer Default. 56 39 SECTION 7.028.02. Appointment of Successor.................................. 59 .................................40 SECTION 7.038.03. Notification to Noteholders and Certificateholders.......41 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04...................................41

Appears in 1 contract

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

Servicer Default. 56 72 SECTION 7.028.2. Appointment of Successor.................................. 59 ...........................74 SECTION 7.038.3. [RESERVED].........................................75 SECTION 8.4. Notification to Noteholders and Certificateholders.................................75 SECTION 8.5. Waiver of Past Defaults................................... 60 SECTION 7.04.............................75 ARTICLE IX

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 19 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. ....................................................................... 21 Section 5.3 Notification to Noteholders.................................................................... 22 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04......................................................................... 22

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

Servicer Default. 56 59 SECTION 7.02. 8.2 Appointment of Successor.................................. 59 ............................... 61 SECTION 7.03. 8.3 Notification to Noteholders, Certificateholders and Backup Servicer........................................ 62 SECTION 8.4 Waiver of Past Defaults................................... 60 ................................ 62 ARTICLE VIII-A THE BACKUP SERVICER......................................... 62 SECTION 7.04.8A.1

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.0213 Section 5.02. Appointment of Successor.................................. 59 SECTION 7.03...................................................... 14 Section 5.03. Notification to Noteholders................................................... 15 Section 5.04. Waiver of Past Defaults................................... 60 SECTION 7.04........................................................ 15

Appears in 1 contract

Sources: Servicing Agreement (SLM Education Credit Funding LLC)

Servicer Default. 56 32 SECTION 7.028.2. Appointment of Successor.................................. 59 Successor Servicer...................33 SECTION 7.038.3. Notification to Noteholders and Certificateholders..34 SECTION 8.4. Waiver of Past Defaults................................... 60 .............................35 ARTICLE IX Termination...............................35 SECTION 7.04.9.1. Optional Purchase of All Receivables................35

Appears in 1 contract

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

Servicer Default. 56 37 SECTION 7.02. 8.02 Appointment of Successor.................................. 59 .........................................38 SECTION 7.03. 8.03 Notification to Noteholders and the Certificateholder............39 SECTION 8.04 Waiver of Past Defaults................................... 60 SECTION 7.04...........................................39 ARTICLE IX

Appears in 1 contract

Sources: Sale and Servicing Agreement (Deere John Receivables Inc)

Servicer Default. 56 51 SECTION 7.028.2. Appointment of Successor.................................. 59 ................................................................... 53 SECTION 7.038.3. Notification to Noteholders, Certificateholders and Backup Servicer........................ 54 SECTION 8.4. Waiver of Past Defaults................................... 60 SECTION 7.04..................................................................... 54 ARTICLE VIII-A THE BACKUP SERVICER............................................................................. 54

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.0244 Section 8.02. Appointment of Successor.................................. 59 SECTION 7.03................................................................... 45 Section 8.03. Notification to Noteholders................................................................ 46 Section 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04..................................................................... 46

Appears in 1 contract

Sources: Transfer and Servicing Agreement (Advanta Bank Corp)

Servicer Default. 56 39 SECTION 7.028.02. Appointment of Successor.................................. 59 ..........................................................40 SECTION 7.038.03. Notification to Noteholders and Certificateholders................................41 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04............................................................41

Appears in 1 contract

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

Servicer Default. 56 46 SECTION 7.028.02. Appointment of Successor.................................. 59 Successor .................................... 47 SECTION 7.038.03. Notification to Noteholders and Certificateholders Waiver of Past Defaults .................. 49 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04.Defaults ..................................... 49

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 42 Section 8.02 Appointment of Successor.................................. 59 SECTION 7.03. .....................................44 Section 8.03 Notification to Noteholders and Certificateholders...........44 Section 8.04 Waiver of Past Defaults................................... 60 SECTION 7.04.......................................44

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 6 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. Successor ........................................... 17 Section 5.3 Notification to Noteholders ........................................ 18 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04.Defaults ............................................ 18 ARTICLE VI

Appears in 1 contract

Sources: Servicing Agreement (SLM Education Credit Funding LLC)

Servicer Default. 56 32 SECTION 7.028.02. Appointment of Successor.................................. 59 ...................................................................... 33 SECTION 7.038.03. Notification to Noteholders and Certificateholders............................................ 34 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04........................................................................ 34 ARTICLE IX Termination

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.0213 Section 5.02. Appointment of Successor.................................. 59 SECTION 7.03.......................................................... 14 Section 5.03. Notification to Noteholders....................................................... 15 Section 5.04. Waiver of Past Defaults................................... 60 SECTION 7.04............................................................ 15

Appears in 1 contract

Sources: Servicing Agreement (SLM Education Credit Funding LLC)

Servicer Default. 56 SECTION 7.02. 19 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. Successor ....................................... 21 Section 5.3 Notification to Noteholders .................................... 22 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04.Defaults ........................................ 22

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

Servicer Default. 56 SECTION 7.02. 19 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. .................................................... 21 Section 5.3 Notification to Noteholders................................................. 22 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04...................................................... 22

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

Servicer Default. 56 SECTION 21 Section 7.02. Appointment of Successor.................................. 59 SECTION ..............................22 Section 7.03. Waiver of Past Defaults................................... 60 SECTION 7.04................................23

Appears in 1 contract

Sources: Transition Property Servicing Agreement (Cl&p Funding LLC)

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

Appears in 1 contract

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

Servicer Default. 56 VIII-1 SECTION 7.028.02. Appointment of Successor.................................. 59 ...................................VIII-2 SECTION 7.038.03. Notification to Noteholders and Certificateholders.........VIII-3 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04.....................................VIII-4

Appears in 1 contract

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

Servicer Default. 56 39 SECTION 7.028.02. Appointment of Successor.................................. 59 ....................................40 SECTION 7.038.03. Notification to Noteholders and Certificateholders..........41 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04......................................41

Appears in 1 contract

Sources: Sale and Servicing Agreement (Premier Auto Trust 1998 4)

Servicer Default. 56 48 SECTION 7.028.02. Appointment of Successor.................................. 59 ...................................... 49 SECTION 7.038.03. Notification to Noteholders................................... 50 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04........................................ 50 ARTICLE IX EARLY AMORTIZATION EVENTS; OPTIONAL ACQUISITION

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 19 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. .......................... 21 Section 5.3 Notification to Noteholders and Certificateholders............................... 22 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04............................ 22

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

Servicer Default. 56 SECTION 7.02. 19 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. ....................................... 21 Section 5.3 Notification to Noteholders.................................... 22 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04......................................... 22

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

Servicer Default. 56 SECTION 7.02. 17 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. Successor .......................................18 Section 5.3 Notification to Noteholders ....................................19 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04.Defaults ........................................19 Article VI

Appears in 1 contract

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

Servicer Default. 56 41 SECTION 7.028.02. Appointment of Successor.................................. 59 ...................................42 SECTION 7.038.03. Notification to Noteholders and Certificateholders.........42 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04.....................................43 ARTICLE IX Termination

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 19 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. Successor .................................... 21 Section 5.3 Notification to Noteholders ................................. 22 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04.Defaults ..................................... 22

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

Servicer Default. 56 SECTION 7.02. 15 Section 5.02 Appointment of Successor.................................. 59 SECTION 7.03. ..................................................................... 16 Section 5.03 Notification to Noteholders.................................................................. 17 Section 5.04 Waiver of Past Defaults................................... 60 SECTION 7.04....................................................................... 17 ARTICLE VI

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding LLC)

Servicer Default. 56 39 SECTION 7.028.02. Appointment of Successor.................................. 59 Successor ............................... 40 SECTION 7.038.03. Notification to Noteholders and Certificateholder ...... 41 SECTION 8.04. Waiver of Past Defaults................................... 60 Defaults ................................ 41 SECTION 7.04.8.05. Appointment of Custodians .............................. 42

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 23 Section 7.02 Appointment of Successor.................................. 59 SECTION 7.03. .....................................................24 Section 7.03 Waiver of Past Defaults................................... 60 SECTION 7.04.......................................................25 Section 7.04 Notice of Servicer Default...................................................25

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 66 Section 8.2 Appointment of Successor.................................. 59 SECTION 7.03. ......................................68 Section 8.3 Notification to Noteholders, Certificateholders and Backup Servicer..............................................69 Section 8.4 Waiver of Past Defaults................................... 60 SECTION 7.04........................................69 ARTICLE VIII-A THE BACKUP SERVICER

Appears in 1 contract

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

Servicer Default. 56 64 ---------------- SECTION 7.02. Appointment of Successor.................................. 59 .......................................67 ------------------------ SECTION 7.03. Waiver of Past Defaults................................... 60 ........................................69 ----------------------- SECTION 7.04.. Notice of Servicer Default.....................................69 --------------------------

Appears in 1 contract

Sources: Transition Property Servicing Agreement (Pg&e Funding LLC)

Servicer Default. 56 74 SECTION 7.028.2. Appointment of Successor.................................. 59 ..................74 SECTION 7.038.3. [RESERVED]................................77 SECTION 8.4. Notification to Noteholders and Certificateholders........................77 SECTION 8.5. Waiver of Past Defaults................................... 60 SECTION 7.04....................77

Appears in 1 contract

Sources: Sale and Servicing Agreement (TMS Auto Holdings Inc)

Servicer Default. 56 17 SECTION 7.026.02. Appointment of Successor.................................. 59 .................................................18 SECTION 7.036.03. Notification to Noteholders..............................................19 SECTION 6.04. Waiver of Past Defaults................................... 60 SECTION 7.04...................................................19

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 16 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. Successor ............................................................... 17 Section 5.3 Notification to Noteholders ............................................................ 18 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04.Defaults ................................................................ 18 ARTICLE VI

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

Servicer Default. 56 50 SECTION 7.02. 8.2 Appointment of Successor.................................. 59 52 SECTION 7.03. 8.3 [RESERVED]................................................ 52 SECTION 8.4 Notification to Noteholders and Certificateholders........ 52 SECTION 8.5 Waiver of Past Defaults................................... 60 SECTION 7.04.52

Appears in 1 contract

Sources: Sale and Servicing Agreement (Franklin Receivables LLC)

Servicer Default. 56 SECTION 7.02. 43 Section 8.02 Appointment of Successor.................................. 59 SECTION 7.03. ..................................................44 Section 8.03 Notification to Noteholders and Certificateholders........................44 Section 8.04 Waiver of Past Defaults................................... 60 SECTION 7.04....................................................45

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.0213 Section 5.02. Appointment of Successor.................................. 59 SECTION 7.03........................................14 Section 5.03. Notification to Noteholders.....................................15 Section 5.04. Waiver of Past Defaults................................... 60 SECTION 7.04..........................................15

Appears in 1 contract

Sources: Servicing Agreement (SLM Education Credit Funding LLC)

Servicer Default. 56 SECTION 7.02. 42 Section 8.02 Appointment of Successor.................................. 59 SECTION 7.03. ...................................................................43 Section 8.03 Notification to Noteholders and Certificateholders.........................................44 Section 8.04 Waiver of Past Defaults................................... 60 SECTION 7.04.....................................................................44

Appears in 1 contract

Sources: Sale and Servicing Agreement (DaimlerChrysler Auto Trust 2006-B)

Servicer Default. 56 40 SECTION 7.028.02. Appointment of Successor.................................. 59 ............................41 SECTION 7.038.03. Notification to Noteholders and Certificateholders..................................42 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04..............................42 ARTICLE IX Termination

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 19 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. .................................................................. 21 Section 5.3 Notification to Noteholders............................................................... 22 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04.................................................................... 22

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

Servicer Default. 56 39 SECTION 7.028.02. Appointment of Successor.................................. 59 ................................................................40 SECTION 7.038.03. Notification to Noteholders and Certificateholders......................................41 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04..................................................................41

Appears in 1 contract

Sources: Sale and Servicing Agreement (Daimlerchrysler Auto Trust 2001 B)

Servicer Default. 56 SECTION 7.02. 19 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. Successor .....................................21 Section 5.3 Notification to Noteholders and Certificateholders .......................................22 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04.Defaults ......................................22

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

Servicer Default. 56 SECTION 7.02. 15 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. ........................................................................... 16 Section 5.3 Notification to Noteholders........................................................................ 17 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04............................................................................. 17 ARTICLE VI

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding LLC)

Servicer Default. 56 SECTION 7.02. 19 Section 5.2 Appointment of SuccessorSuccessor .................................. 59 SECTION 7.03. 21 Section 5.3 Notification to Noteholders and Certificateholders ...................................... 22 Section 5.4 Waiver of Past DefaultsDefaults ................................... 60 SECTION 7.04.22

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

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

Appears in 1 contract

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

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

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 19 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. Successor .................................... 20 Section 5.3 Notification to Noteholders and Certificateholders ........................................ 21 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04.Defaults ..................................... 21 ARTICLE VI

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

Servicer Default. 56 18 SECTION 7.026.02. Appointment of Successor.................................. 59 ................................ 19 SECTION 7.036.03. Notification to Noteholders............................. 20 SECTION 6.04. Waiver of Past Defaults................................... 60 ................................. 20 ARTICLE VII Termination SECTION 7.04.7.01. Termination............................................. 20 ARTICLE VIII

Appears in 1 contract

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

Servicer Default. 56 46 SECTION 7.028.02. Appointment of Successor.................................. 59 .............................. 47 SECTION 7.038.03. Notification to Noteholders and Certificateholders.................................... 49 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04................................ 49

Appears in 1 contract

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

Servicer Default. 56 SECTION 7.02. 19 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. Successor ......................................................... 21 Section 5.3 Notification to Noteholders ...................................................... 22 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04.Defaults .......................................................... 22

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding Corp)

Servicer Default. 56 SECTION 7.02. 15 Section 5.2 Appointment of Successor.................................. 59 SECTION 7.03. ....................................................... 16 Section 5.3 Notification to Noteholders.................................................... 17 Section 5.4 Waiver of Past Defaults................................... 60 SECTION 7.04......................................................... 17 ARTICLE VI

Appears in 1 contract

Sources: Servicing Agreement (SLM Funding LLC)

Servicer Default. 56 40 SECTION 7.028.02. Appointment of Successor.................................. 59 ........................................42 SECTION 7.038.03. Notification to Noteholders and Certificateholder...............43 SECTION 8.04. Waiver of Past Defaults................................... 60 SECTION 7.04..........................................43

Appears in 1 contract

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