Common use of Servicer Defaults Clause in Contracts

Servicer Defaults. 24 SECTION 7.02 Consequences of a Servicer Default...........................................24 SECTION 7.03 Indenture Trustee to Act; Appointment of Successor...........................25 SECTION 7.04 Notification to Securityholders..............................................26 SECTION 7.05

Servicer Defaults. 24 23 SECTION 7.02 Consequences of a Servicer Default...........................................24 ...............................................23 SECTION 7.03 Indenture Trustee to Act; Appointment of Successor...........................25 ...............................24 SECTION 7.04 Notification to Securityholders..............................................26 ..................................................25 SECTION 7.05

Servicer Defaults. 24 26 SECTION 7.02 5.02 Consequences of a Servicer Default...........................................24 ....................... 27 SECTION 7.03 5.03 COLT Indenture Trustee to Act; Appointment of Successor...........................25 SECTION 7.04 Notification to Securityholders..............................................26 SECTION 7.05.. 28

Servicer Defaults. 24 25 SECTION 7.02 5.02 Consequences of a Servicer Default...........................................24 .......................................... 26 SECTION 7.03 5.03 COLT Indenture Trustee to Act; Appointment of Successor...........................25 ..................... 26 SECTION 7.04 5.04 Notification to Securityholders..............................................26 the Series 2005-SN1 Further Holders and the Rating Agencies............................................................. 27 SECTION 7.055.05 Waiver of Past Servicer Defaults............................................ 27 SECTION 5.06 Repayment of Outstanding Advances........................................... 27

Servicer Defaults. 24 23 SECTION 7.02 Consequences of a Servicer Default...........................................24 Default ........................... 23 SECTION 7.03 Indenture Trustee to Act; Appointment of Successor...........................25 Successor ........... 24 SECTION 7.04 Notification to Securityholders..............................................26 Securityholders .............................. 25 SECTION 7.05

Servicer Defaults. 24 25 SECTION 7.02 5.02 Consequences of a Servicer Default...........................................24 ............................................. 25 SECTION 7.03 5.03 COLT Indenture Trustee to Act; Appointment of Successor...........................25 ........................ 26 SECTION 7.04 5.04 Notification to Securityholders..............................................the Series 200 - Further Holders and the Rating Agencies....................................................................... 26 SECTION 7.055.05 Waiver of Past Servicer Defaults............................................... 27 SECTION 5.06 Repayment of Outstanding Advances.............................................. 27

Servicer Defaults. 24 26 SECTION 7.02 5.02 Consequences of a Servicer Default...........................................24 Default ...................... 27 SECTION 7.03 5.03 COLT Indenture Trustee to Act; Appointment of Successor...........................25 Successor ............................................... 27 SECTION 7.04 5.04 Notification to Securityholders..............................................26 the Series 200_-_ Further Holders and the Rating Agencies ......................................... 28 SECTION 7.055.05 Waiver of Past Servicer Defaults ........................ 28 SECTION 5.06 Repayment of Outstanding Advances ....................... 28

Servicer Defaults. 24 42 SECTION 7.02 9.02 Consequences of a Servicer Default...........................................24 ...................................44 SECTION 7.03 9.03 Indenture Trustee to Act; Appointment of Successor...........................25 ...................45 SECTION 7.04 9.04 Notification to Securityholders..............................................26 the Beneficiaries and the Certificateholders.........46 SECTION 7.059.05

Servicer Defaults. 24 SECTION Section 7.02 Consequences of a Servicer Default...........................................24 SECTION ..........................................................25 Section 7.03 Indenture Trustee to Act; Appointment of Successor...........................25 SECTION 7.04 Notification to Securityholders..............................................26 SECTION 7.05..........................................26

Servicer Defaults. 24 32 SECTION 7.02 8.02. Consequences of a Servicer Default...........................................24 ..................... 32 SECTION 7.03 8.03. Indenture Trustee to Act; Appointment of Successor...........................25 ..... 33 SECTION 7.04 8.04. Notification to Securityholders..............................................26 ........................ 34 SECTION 7.058.05. Waiver of Past Defaults................................ 34 SECTION 8.06. Repayment of Advances.................................. 34

Servicer Defaults. 24 26 SECTION 7.02 8.02. Consequences of a Servicer Default...........................................24 ..................27 SECTION 7.03 8.03. Indenture Trustee to Act; Appointment of Successor...........................25 ..28 SECTION 7.04 Notification to Securityholders..............................................26 SECTION 7.058.04.

Servicer Defaults. 24 19 SECTION 7.02 Consequences of a Servicer Default...........................................24 ....................................................20 SECTION 7.03 Indenture Trustee to Act; Appointment of Successor...........................25 ....................................21 SECTION 7.04 Notification to Securityholders..............................................26 SECTION 7.05Waiver of Past Defaults...............................................................21

Servicer Defaults. 24 32 SECTION 7.02 8.02. Consequences of a Servicer Default...........................................24 ........................................ 32 SECTION 7.03 8.03. Indenture Trustee to Act; Appointment of Successor...........................25 ........................ 33 SECTION 7.04 8.04. Notification to Securityholders..............................................26 ........................................... 34 SECTION 7.058.05. Waiver of Past Defaults................................................... 34 SECTION 8.06. Repayment of Advances..................................................... 34 ARTICLE IX TERMINATION.......................................................................................... 34 SECTION 9.01. Optional Purchase of All Receivables...................................... 34 SECTION 9.02. Sale of Assets; Termination............................................... 35

Servicer Defaults. 24 SECTION Section 7.02 Consequences of a Servicer Default...........................................24 SECTION .................................................................. 25 Section 7.03 Indenture Trustee to Act; Appointment of Successor...........................25 SECTION 7.04 Notification to Securityholders..............................................26 SECTION 7.05.................................................. 25