Common use of Servicer Defaults; Termination of Servicer Clause in Contracts

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any of the following shall constitute an Event of Default under the Servicing Agreement (each, a “Servicer Default”):

Appears in 42 contracts

Samples: Basic Servicing Agreement (BMW Vehicle Lease Trust 2024-1), Basic Servicing Agreement (BMW Vehicle Lease Trust 2024-1), Basic Servicing Agreement (BMW Vehicle Lease Trust 2023-2)

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Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a “Servicer Default” under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2019-B SUBIs:

Appears in 2 contracts

Samples: Basic Servicing Agreement (Nissan Auto Leasing LLC Ii), Basic Servicing Agreement (Nissan Auto Leasing LLC Ii)

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a “Servicer Default” under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2024-A Series:

Appears in 2 contracts

Samples: Titling Company Servicing Agreement (Nissan Auto Lease Trust 2024-A), Titling Company Servicing Agreement (Nissan Auto Lease Trust 2024-A)

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any of the following shall constitute an Event of a Servicer Default under the Servicing Agreement (each, a “Servicer Default”):Agreement:

Appears in 2 contracts

Samples: Financial Services (BMW Vehicle Lease Trust 2007-1), Servicing Agreement (BMW Auto Leasing LLC)

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a "Servicer Default" under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2004-A SUBIs:

Appears in 2 contracts

Samples: Nissan Auto Lease Trust 2004-A, Nissan Auto Lease Trust 2004-A

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a “Servicer Default” under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2020-B SUBIs:

Appears in 2 contracts

Samples: Basic Servicing Agreement (Nissan Auto Leasing LLC Ii), Basic Servicing Agreement (Nissan Auto Leasing LLC Ii)

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a "Servicer Default" under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2003-A SUBIs:

Appears in 2 contracts

Samples: Nissan Auto Lease Trust 2003-A, Nissan Auto Leasing LLC Ii

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a “Servicer Default” under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2022-A Series:

Appears in 2 contracts

Samples: Titling Company Servicing Agreement (Nissan Auto Lease Trust 2022-A), Titling Company Servicing Agreement (Nissan Auto Lease Trust 2022-A)

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a “Servicer Default” under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2017-B SUBIs:

Appears in 2 contracts

Samples: Basic Servicing Agreement (Nissan Auto Lease Trust 2017-B), Basic Servicing Agreement (Nissan Auto Lease Trust 2017-B)

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a “Servicer Default” under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2016-B SUBIs:

Appears in 2 contracts

Samples: Basic Servicing Agreement (Nissan Auto Lease Trust 2016-B), Basic Servicing Agreement (Nissan Auto Lease Trust 2016-B)

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a “Servicer Default” under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2023-B Series:

Appears in 2 contracts

Samples: Titling Company Servicing Agreement (Nissan Auto Lease Trust 2023-B), Titling Company Servicing Agreement (Nissan Auto Lease Trust 2023-B)

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Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a “Servicer Default” under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2011-B SUBIs:

Appears in 2 contracts

Samples: Basic Servicing Agreement (Nissan Auto Lease Trust 2011-B), Basic Servicing Agreement (Nissan Auto Lease Trust 2011-B)

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a “Servicer Default” under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2023-A Series:

Appears in 2 contracts

Samples: Titling Company Servicing Agreement (Nissan Auto Lease Trust 2023-A), Titling Company Servicing Agreement (Nissan Auto Lease Trust 2023-A)

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a “Servicer Default” under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2016-A SUBIs:

Appears in 2 contracts

Samples: Basic Servicing Agreement (Nissan Auto Lease Trust 2016-A), Basic Servicing Agreement (Nissan Auto Lease Trust 2016-A)

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a “Servicer Default” under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2021-A Series:

Appears in 2 contracts

Samples: Titling Company Servicing Agreement (Nissan Auto Lease Trust 2021-A), Titling Company Servicing Agreement (Nissan Auto Lease Trust 2021-A)

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a “Servicer Default” under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2010-A SUBIs:

Appears in 1 contract

Samples: Basic Servicing Agreement (Nissan Auto Lease Trust 2010-A)

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a “Servicer Default” under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2006-A SUBIs:

Appears in 1 contract

Samples: Basic Servicing Agreement (Nissan Auto Leasing LLC Ii)

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any Each of the following shall constitute an Event of Default acts or occurrences constitutes a "Servicer Default" under the Servicing Agreement (each, a “Servicer Default”):with respect to the 2005-A SUBIs:

Appears in 1 contract

Samples: Nissan Auto Leasing LLC Ii

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