Common use of Servicer Default Clause in Contracts

Servicer Default. 13 Section 5.02. Appointment of Successor.......................................14 Section 5.03. Notification to Noteholders....................................15 Section 5.04. Waiver of Past Defaults........................................15

Servicer Default. 13 Section 5.0256 SECTION 7.02. Appointment of Successor.......................................14 Section 5.03. Notification to Noteholders....................................15 Section 5.04.................................. 59 SECTION 7.03. Waiver of Past Defaults........................................15................................... 60 SECTION 7.04.

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

Servicer Default. 13 21 Section 5.027.02. Appointment of Successor.......................................14 .................................................... 22 Section 5.03. Notification to Noteholders....................................15 Section 5.047.03. Waiver of Past Defaults........................................15..................................................... 23

Servicer Default. 13 Section 5.0227 SECTION 7.02. Appointment of Successor.......................................14 Section 5.03. Notification to Noteholders....................................15 Section 5.04.................................29 SECTION 7.03. Waiver of Past Defaults........................................15..................................30 SECTION 7.04. Notice of Servicer Default...............................30 SECTION 7.05. Cooperation with Successor...............................30

Servicer Default. 13 15 Section 5.02. 5.2 Appointment of Successor.......................................14 ............................................................................16 Section 5.03. 5.3 Notification to Noteholders....................................15 .........................................................................17 Section 5.04. 5.4 Waiver of Past Defaults........................................15.............................................................................17 ARTICLE VI

Servicer Default. 13 16 Section 5.02. 5.2 Appointment of Successor.......................................14 ......................................18 Section 5.03. 5.3 Notification to Noteholders....................................15 ...................................19 Section 5.04. 5.4 Waiver of Past Defaults........................................15.......................................19 Article VI

Servicer Default. 13 21 Section 5.027.02. Appointment of Successor.......................................14 ....................................................22 Section 5.03. Notification to Noteholders....................................15 Section 5.047.03. Waiver of Past Defaults........................................15.....................................................23

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

Servicer Default. 13 Section 5.0238 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03..............................................39 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders....................40 SECTION 8.04. Waiver of Past Defaults........................................15...............................................40 ARTICLE IX Termination

Servicer Default. 13 Section 5.02. 49 SECTION 8.2 Appointment of Successor.......................................14 Section 5.03. ..............................................................50 SECTION 8.3 [RESERVED]............................................................................51 SECTION 8.4 Notification to NoteholdersNoteholders and Certificateholders....................................15 Section 5.04. 51 SECTION 8.5 Waiver of Past Defaults........................................15...............................................................51

Servicer Default. 13 16 Section 5.02. 5.2 Appointment of Successor.......................................14 ......................................17 Section 5.03. 5.3 Notification to Noteholders....................................15 ...................................18 Section 5.04. 5.4 Waiver of Past Defaults........................................15.......................................18 Article VI

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

Servicer Default. 13 Section 5.0240 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03............................41 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders..................................42 SECTION 8.04. Waiver of Past Defaults........................................15.............................42 ARTICLE IX Termination

Servicer Default. 13 Section 5.0246 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03.............................. 47 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders.................................... 49 SECTION 8.04. Waiver of Past Defaults........................................15............................... 49

Servicer Default. 13 Section 5.0264 ---------------- SECTION 7.02. Appointment of Successor.......................................14 Section 5.03. Notification to Noteholders....................................15 Section 5.0467 ------------------------ SECTION 7.03. Waiver of Past Defaults........................................1569 ----------------------- SECTION 7.04. Notice of Servicer Default.....................................69 --------------------------

Servicer Default. 13 Section 5.0274 SECTION 8.2. Appointment of Successor.......................................14 Section 5.03..................74 SECTION 8.3. [RESERVED]................................77 SECTION 8.4. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders........................77 SECTION 8.5. Waiver of Past Defaults........................................15...................77

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 Successor .................................... 21 Section 5.03. 5.3 Notification to Noteholders....................................15 Noteholders ................................. 22 Section 5.04. 5.4 Waiver of Past Defaults........................................15Defaults ..................................... 22

Servicer Default. 13 Section 5.0218 SECTION 6.02. Appointment of Successor.......................................14 Section 5.03................................ 19 SECTION 6.03. Notification to Noteholders....................................15 Section 5.04............................. 20 SECTION 6.04. Waiver of Past Defaults........................................15................................. 20 ARTICLE VII Termination SECTION 7.01. Termination............................................. 20 ARTICLE VIII

Servicer Default. 13 Section 5.0256 SECTION 8.2. Appointment of Successor.......................................14 Section 5.03Successor Servicer...................... 58 SECTION 8.3. Notification to Noteholders....................................15 Section 5.04. Waiver of Past Defaults........................................15Noteholders and Certificateholders..... 58 SECTION 8.4.

Servicer Default. 13 Section 5.0240 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03............................41 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders..42 SECTION 8.04. Waiver of Past Defaults........................................15.............................42 ARTICLE IX Termination

Servicer Default. 13 16 Section 5.02. 5.2 Appointment of Successor.......................................14 Successor ............................................................... 17 Section 5.03. 5.3 Notification to Noteholders....................................15 Noteholders ............................................................ 18 Section 5.04. 5.4 Waiver of Past Defaults........................................15Defaults ................................................................ 18 ARTICLE VI

Servicer Default. 13 Section 5.02. 50 SECTION 8.2 Appointment of Successor.......................................14 Section 5.03. .................................. 52 SECTION 8.3 [RESERVED]................................................ 52 SECTION 8.4 Notification to Noteholders....................................15 Section 5.04. Noteholders and Certificateholders........ 52 SECTION 8.5 Waiver of Past Defaults........................................15................................... 52

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 Successor .....................................21 Section 5.03. 5.3 Notification to Noteholders....................................15 Noteholders and Certificateholders .......................................22 Section 5.04. 5.4 Waiver of Past Defaults........................................15Defaults ......................................22

Servicer Default. 13 Section 5.0256 SECTION 8.2. Appointment of Successor.......................................14 Section 5.03Successor Servicer.......... 58 SECTION 8.3. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders........................ 58 SECTION 8.4. Waiver of Past Defaults........................................15.................... 59

Servicer Default. 13 Section 5.0273 SECTION 8.2. Appointment of Successor.......................................14 Section 5.03...........................73 SECTION 8.3. [RESERVED].........................................76 SECTION 8.4. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders.................................76 SECTION 8.5. Waiver of Past Defaults........................................15............................76 ARTICLE IX

Servicer Default. 13 Section 5.0242 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03................................. 43 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04.............................. 44 SECTION 8.04. Waiver of Past Defaults........................................15.................................. 44 ARTICLE IX EARLY AMORTIZATION EVENTS; OPTIONAL PURCHASE

Servicer Default. 13 Section 5.0242 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03................................................ 43 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders...................... 44 SECTION 8.04. Waiver of Past Defaults........................................15................................................. 44 PAGE ---- ARTICLE IX Termination

Servicer Default. 13 22 Section 5.02. 7.02 Appointment of Successor.......................................14 ..................................................... 24 Section 5.03. Notification to Noteholders....................................15 Section 5.04. 7.03 Waiver of Past Defaults........................................15...................................................... 24 Section 7.04 Notice of Servicer Default................................................... 25

Servicer Default. 13 15 Section 5.02. 5.2 Appointment of Successor.......................................14 .................................................................... 16 Section 5.03. 5.3 Notification to Noteholders....................................15 ................................................................. 17 Section 5.04. 5.4 Waiver of Past Defaults........................................15..................................................................... 17 Section 6.1 Amendment................................................................................... 17 Section 6.2 Notices..................................................................................... 18 Section 6.3 Counterparts................................................................................ 19 Section 6.4

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 .................................................... 21 Section 5.03. 5.3 Notification to Noteholders....................................15 ................................................. 22 Section 5.04. 5.4 Waiver of Past Defaults........................................15..................................................... 22

Servicer Default. 13 Section 5.02. 37 SECTION 8.02 Appointment of Successor.......................................14 Section 5.03. .........................................38 SECTION 8.03 Notification to Noteholders....................................15 Section 5.04. Noteholders and the Certificateholder............39 SECTION 8.04 Waiver of Past Defaults........................................15..........................................39 ARTICLE IX

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 Successor .................................. 21 Section 5.03. 5.3 Notification to Noteholders....................................15 Noteholders and Certificateholders ...................................... 22 Section 5.04. 5.4 Waiver of Past Defaults........................................15Defaults ................................... 22

Servicer Default. 13 Section 5.0239 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03................................ 40 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders...... 41 SECTION 8.04. Waiver of Past Defaults........................................15................................. 41

Servicer Default. 13 Section 5.0217 SECTION 7.02. Appointment Notice of Successor.......................................14 Section 5.03. Notification to Noteholders....................................15 Section 5.04Servicer Default.................................................................19 SECTION 7.03. Waiver of Past Defaults........................................15....................................................................19 SECTION 7.04. Appointment of Successor...................................................................19 SECTION 7.05. Cooperation with Successor.................................................................20

Servicer Default. 13 Section 5.0247 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03Successor ...................................... 49 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders ............ 50 SECTION 8.04. Waiver of Past Defaults........................................15Defaults ....................................... 50 ARTICLE IX Termination

Servicer Default. 13 Section 5.0239 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03............................ 41 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders.. 41 SECTION 8.04. Waiver of Past Defaults........................................15............................. 41

Servicer Default. 13 15 Section 5.02. 5.2 Appointment of Successor.......................................14 ...................................................................... 16 Section 5.03. 5.3 Notification to Noteholders....................................15 ................................................................... 17 Section 5.04. 5.4 Waiver of Past Defaults........................................15....................................................................... 17 ARTICLE VI

Servicer Default. 13 16 Section 5.02. 5.2 Appointment of Successor.......................................14 ...................................................17 Section 5.03. 5.3 Notification to Noteholders....................................15 ................................................18 Section 5.04. 5.4 Waiver of Past Defaults........................................15....................................................18 Article VI

Servicer Default. 13 Section 5.0243 SECTION 8.2. Appointment of Successor.......................................14 Section 5.03.............. 45 SECTION 8.3. [RESERVED]............................ 45 SECTION 8.4. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders.................... 45 SECTION 8.5. Waiver of Past Defaults........................................15............... 46

Servicer Default. 13 17 Section 5.02. 5.2 Appointment of SuccessorSuccessor .......................................14 18 Section 5.03. 5.3 Notification to NoteholdersNoteholders ....................................15 19 Section 5.04. 5.4 Waiver of Past DefaultsDefaults ........................................1519 Article VI

Servicer Default. 13 Section 5.0239 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03..........................................................40 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders................................41 SECTION 8.04. Waiver of Past Defaults........................................15...........................................................41

Servicer Default. 13 Section 5.0239 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03...................................40 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders.........41 SECTION 8.04. Waiver of Past Defaults........................................15....................................41

Servicer Default. 13 Section 5.02. Appointment of Successor............................................................................................. 14 Section 5.03. Notification to Noteholders....................................................................................... 15 Section 5.04. Waiver of Past Defaults............................................................................................... 15

Servicer Default. 13 Section 5.02. Appointment of Successor................................................................................................. 14 Section 5.03. Notification to Noteholders........................................................................................... 15 Section 5.04. Waiver of Past Defaults................................................................................................... 15

Servicer Default. 13 21 Section 5.027.02. Appointment of Successor.......................................14 ..............................22 Section 5.03. Notification to Noteholders....................................15 Section 5.047.03. Waiver of Past Defaults........................................15...............................23

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 Successor .................................. 21 Section 5.03. 5.3 Notification to Noteholders....................................15 Noteholders and Certificateholders .................................... 22 Section 5.04. 5.4 Waiver of Past Defaults........................................15Defaults ................................... 22

Servicer Default. 13 Section 5.0241 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03...................................42 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders.........42 SECTION 8.04. Waiver of Past Defaults........................................15....................................43 ARTICLE IX Termination

Servicer Default. 13 Section 5.0249 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03............................... 50 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04............................ 51 SECTION 8.04. Waiver of Past Defaults........................................15................................ 51 ARTICLE IX EARLY AMORTIZATION EVENTS; OPTIONAL ACQUISITION

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 Successor ......................................................... 21 Section 5.03. 5.3 Notification to Noteholders....................................15 Noteholders ...................................................... 22 Section 5.04. 5.4 Waiver of Past Defaults........................................15Defaults .......................................................... 22

Servicer Default. 13 15 Section 5.02. 5.2 Appointment of Successor.......................................14 ....................................................... 16 Section 5.03. 5.3 Notification to Noteholders....................................15 .................................................... 17 Section 5.04. 5.4 Waiver of Past Defaults........................................15........................................................ 17 ARTICLE VI

Servicer Default. 13 21 Section 5.027.02. Appointment of Successor.......................................14 Successor .............................. 22 Section 5.03. Notification to Noteholders....................................15 Section 5.047.03. Waiver of Past Defaults........................................15Defaults ............................... 23 Section 7.04.

Servicer Default. 13 Section 5.0239 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03....................................40 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders..........41 SECTION 8.04. Waiver of Past Defaults........................................15.....................................41 ARTICLE IX Termination

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 Successor ..................................................... 21 Section 5.03. 5.3 Notification to Noteholders....................................15 Noteholders .................................................. 22 Section 5.04. 5.4 Waiver of Past Defaults........................................15Defaults ...................................................... 22

Servicer Default. 13 Section 5.0245 SECTION 7.02. Appointment of Successor.......................................14 Section 5.03. Notification to Noteholders....................................15 Section 5.04....................................... 48 SECTION 7.03. Waiver of Past Defaults........................................15........................................ 49 SECTION 7.04. Notice of Servicer Default..................................... 49

Servicer Default. 13 Section 5.0217 SECTION 6.02. Appointment of Successor.......................................14 Section 5.03.................................................18 SECTION 6.03. Notification to Noteholders....................................15 Section 5.04..............................................19 SECTION 6.04. Waiver of Past Defaults........................................15..................................................19

Servicer Default. 13 Section 5.0239 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03.................................40 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders.......41 SECTION 8.04. Waiver of Past Defaults........................................15..................................41

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 .................................................................. 21 Section 5.03. 5.3 Notification to Noteholders....................................15 ............................................................... 22 Section 5.04. 5.4 Waiver of Past Defaults........................................15................................................................... 22

Servicer Default. 13 Section 5.0239 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03................................................................40 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders......................................41 SECTION 8.04. Waiver of Past Defaults........................................15.................................................................41

Servicer Default. 13 23 Section 5.02. 7.02 Appointment of Successor.......................................14 .....................................................24 Section 5.03. Notification to Noteholders....................................15 Section 5.04. 7.03 Waiver of Past Defaults........................................15......................................................25 Section 7.04 Notice of Servicer Default...................................................25

Servicer Default. 13 Section 5.0239 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03.................................. 40 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders........ 41 SECTION 8.04. Waiver of Past Defaults........................................15................................... 41 ARTICLE IX Termination

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

Servicer Default. 13 Section 5.0238 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03..............................................................39 SECTION 8.03. Notification to NoteholdersNoteholders and Certificateholders....................................15 Section 5.0440 SECTION 8.04. Waiver of Past Defaults........................................15...............................................................40 ARTICLE IX Termination

Servicer Default. 13 43 Section 5.02. 8.02 Appointment of Successor.......................................14 ..................................................44 Section 5.03. 8.03 Notification to Noteholders....................................15 Noteholders and Certificateholders........................44 Section 5.04. 8.04 Waiver of Past Defaults........................................15...................................................45

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 Successor .................................... 21 Section 5.03. 5.3 Notification to Noteholders....................................15 Noteholders and Certificateholders .......... 22 Section 5.04. 5.4 Waiver of Past Defaults........................................15Defaults ..................................... 22

Servicer Default. 13 Section 5.0239 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03................................. 40 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders....... 41 SECTION 8.04. Waiver of Past Defaults........................................15.................................. 41 ARTICLE IX Termination

Servicer Default. 13 Section 5.0243 SECTION 8.02. Appointment of Successor.......................................14 Section 5.0344 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholder..............45 SECTION 8.04. Waiver of Past Defaults........................................1545 SECTION 8.05. Appointment of Custodians......................................45

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

Servicer Default. 13 Section 5.0239 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03.................................. 40 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders........ 41 SECTION 8.04. Waiver of Past Defaults........................................15................................... 41

Servicer Default. 13 Section 5.02. Appointment of Successor...............................................................................14 Section 5.03. Notification to Noteholders.........................................................................15 Section 5.04. Waiver of Past Defaults.................................................................................15

Servicer Default. 13 15 Section 5.02. 5.2 Appointment of Successor.......................................14 ........................................................................... 16 Section 5.03. 5.3 Notification to Noteholders....................................15 ........................................................................ 17 Section 5.04. 5.4 Waiver of Past Defaults........................................15............................................................................ 17 ARTICLE VI

Servicer Default. 13 Section 5.0239 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03......................40 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders..........................41 SECTION 8.04. Waiver of Past Defaults........................................15.......................41 ARTICLE IX Termination

Servicer Default. 13 Section 5.0232 SECTION 8.2. Appointment of Successor.......................................14 Section 5.03Successor Servicer....................33 SECTION 8.3. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders..................................34 SECTION 8.4. Waiver of Past Defaults........................................15..............................35

Servicer Default. 13 Section 5.0247 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03................................. 48 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders....... 49 SECTION 8.04. Waiver of Past Defaults........................................15.................................. 49

Servicer Default. 13 Section 5.0240 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03....................................41 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders..........42 SECTION 8.04. Waiver of Past Defaults........................................15.....................................42 ARTICLE IX Termination

Servicer Default. 13 Section 5.0246 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03Successor .................................... 47 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders Waiver of Past Defaults .................. 49 SECTION 8.04. Waiver of Past Defaults........................................15Defaults ..................................... 49

Servicer Default. 13 42 Section 5.02. 8.02 Appointment of Successor.......................................14 .....................................44 Section 5.03. 8.03 Notification to Noteholders....................................15 Noteholders and Certificateholders...........44 Section 5.04. 8.04 Waiver of Past Defaults........................................15......................................44

Servicer Default. 13 15 Section 5.02. 5.02 Appointment of Successor.......................................14 ..................................................................... 16 Section 5.03. 5.03 Notification to Noteholders....................................15 .................................................................. 17 Section 5.04. 5.04 Waiver of Past Defaults........................................15...................................................................... 17 ARTICLE VI

Servicer Default. 13 Section 5.0272 SECTION 8.2. Appointment of Successor.......................................14 Section 5.03...........................74 SECTION 8.3. [RESERVED].........................................75 SECTION 8.4. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders.................................75 SECTION 8.5. Waiver of Past Defaults........................................15............................75 ARTICLE IX

Servicer Default. 13 42 Section 5.02. 8.02 Appointment of Successor.......................................14 Successor .................................................... 43 Section 5.03. 8.03 Notification to Noteholders....................................15 Noteholders and Certificateholders .......................... 44 Section 5.04. 8.04 Waiver of Past Defaults........................................15Defaults ..................................................... 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

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

Servicer Default. 13 15 Section 5.02. 5.2 Appointment of Successor.......................................14 ............................................................................ 16 Section 5.03. 5.3 Notification to Noteholders....................................15 ......................................................................... 17 Section 5.04. 5.4 Waiver of Past Defaults........................................15............................................................................. 17 ARTICLE VI

Servicer Default. 13 Section 5.0242 SECTION 6.02. Appointment Notice of Successor.......................................14 Section 5.03. Notification to Noteholders....................................15 Section 5.04Servicer Default.....................................45 SECTION 6.03. Waiver of Past Defaults........................................1546 SECTION 6.04. Appointment of Successor.......................................46 SECTION 6.05. Cooperation with Successor.....................................48

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 ..................................................... 21 Section 5.03. 5.3 Notification to Noteholders....................................15 .................................................. 22 Section 5.04. 5.4 Waiver of Past Defaults........................................15...................................................... 22

Servicer Default. 13 Section 5.0239 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03Successor ............................... 40 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholder ...... 41 SECTION 8.04. Waiver of Past Defaults........................................15Defaults ................................ 41 SECTION 8.05. Appointment of Custodians .............................. 42

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 ....................................................................... 21 Section 5.03. 5.3 Notification to Noteholders....................................15 .................................................................... 22 Section 5.04. 5.4 Waiver of Past Defaults........................................15........................................................................ 22

Servicer Default. 13 Section 5.02. 59 SECTION 8.2 Appointment of Successor.......................................14 Section 5.03. ............................... 61 SECTION 8.3 Notification to Noteholders....................................15 Section 5.04. , Certificateholders and Backup Servicer........................................ 62 SECTION 8.4 Waiver of Past Defaults........................................15................................ 62 ARTICLE VIII-A THE BACKUP SERVICER......................................... 62 SECTION 8A.1

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

Servicer Default. 13 39 Section 5.02. 8.02 Appointment of Successor.......................................14 ..................................40 Section 5.03. 8.03 Notification to Noteholders....................................15 Section 5.04. Waiver of Past DefaultsNoteholders and Certificateholders........................................1541

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 Successor .................................... 20 Section 5.03. 5.3 Notification to Noteholders....................................15 Noteholders and Certificateholders ........................................ 21 Section 5.04. 5.4 Waiver of Past Defaults........................................15Defaults ..................................... 21 ARTICLE VI

Servicer Default. 13 14 Section 5.02. 5.2 Appointment of Successor.......................................14 16 Section 5.03. 5.3 Notification to Noteholders....................................15 16 Section 5.04. 5.4 Waiver of Past Defaults........................................1517 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

Servicer Default. 13 42 Section 5.02. 8.02 Appointment of Successor.......................................14 ...................................................................43 Section 5.03. 8.03 Notification to Noteholders....................................15 Noteholders and Certificateholders.........................................44 Section 5.04. 8.04 Waiver of Past Defaults........................................15....................................................................44

Servicer Default. 13 Section 5.02VIII-1 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03...................................VIII-2 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders.........VIII-3 SECTION 8.04. Waiver of Past Defaults........................................15....................................VIII-4

Servicer Default. 13 Section 5.0239 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03....................................40 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04Noteholders and Certificateholders..........41 SECTION 8.04. Waiver of Past Defaults........................................15.....................................41

Servicer Default. 13 Section 5.0248 SECTION 8.02. Appointment of Successor.......................................14 Section 5.03...................................... 49 SECTION 8.03. Notification to Noteholders....................................15 Section 5.04................................... 50 SECTION 8.04. Waiver of Past Defaults........................................15....................................... 50 ARTICLE IX EARLY AMORTIZATION EVENTS; OPTIONAL ACQUISITION

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 .......................... 21 Section 5.03. 5.3 Notification to Noteholders....................................15 Noteholders and Certificateholders............................... 22 Section 5.04. 5.4 Waiver of Past Defaults........................................15........................... 22

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 ....................................... 21 Section 5.03. 5.3 Notification to Noteholders....................................15 .................................... 22 Section 5.04. 5.4 Waiver of Past Defaults........................................15........................................ 22

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 .................................. 21 Section 5.03. 5.3 Notification to Noteholders....................................15 Noteholders and Certificateholders........ 22 Section 5.04. 5.4 Waiver of Past Defaults........................................15................................... 22

Servicer Default. 13 19 Section 5.02. 5.2 Appointment of Successor.......................................14 Successor ....................................... 21 Section 5.03. 5.3 Notification to Noteholders....................................15 Noteholders .................................... 22 Section 5.04. 5.4 Waiver of Past Defaults........................................15Defaults ........................................ 22

Servicer Default. 13 44 Section 5.028.02. Appointment of Successor.......................................14 ................................................................... 45 Section 5.038.03. Notification to Noteholders....................................15 ................................................................ 46 Section 5.048.04. Waiver of Past Defaults........................................15.................................................................... 46