Common use of Servicing Termination Clause in Contracts

Servicing Termination. 32 SECTION 7.1 Events of Servicing Termination.........................................................32 SECTION 7.2 Appointment of Successor Servicer.......................................................33 SECTION 7.3 Repayment of Advances...................................................................34 SECTION 7.4 Notification to Noteholders and Certificateholders......................................34 SECTION 7.5 Waiver of Past Events of Servicing Termination..........................................35 ARTICLE VIII TERMINATION.............................................................................35 SECTION 8.1 Optional Purchase of All Receivables....................................................35 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture.................................35

Servicing Termination. 32 SECTION 7.1 Events of Servicing Termination.........................................................32 ................................................36 SECTION 7.2 Appointment of Successor Servicer.......................................................33 ..............................................38 SECTION 7.3 Repayment of Simple Interest Advances...................................................................34 ..........................................39 SECTION 7.4 Notification to Noteholders and Certificateholders......................................34 .............................39 SECTION 7.5 Waiver of Past Events of Servicing Termination..........................................35 ARTICLE VIII TERMINATION.............................................................................35 SECTION 8.1 Optional Purchase of All Receivables....................................................35 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture.................................3539

Servicing Termination. 32 23 SECTION 7.1 Events of Servicing Termination.........................................................32 ..................................................................23 SECTION 7.2 Appointment of Successor Servicer.......................................................33 ................................................................25 SECTION 7.3 Repayment of Advances...................................................................34 SECTION 7.4 Notification to Noteholders and Certificateholders......................................34 ...............................................26 SECTION 7.5 7.4 Waiver of Past Events of Servicing Termination..........................................35 ...................................................26 ARTICLE VIII TERMINATION.............................................................................35 ......................................................................................26 SECTION 8.1 Optional Purchase of All Receivables....................................................35 .............................................................26 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture.................................35..........................................27

Servicing Termination. 32 23 SECTION 7.1 Events of Servicing Termination.........................................................32 ............................................................23 SECTION 7.2 Appointment of Successor Servicer.......................................................33 ..........................................................25 SECTION 7.3 Repayment of Advances...................................................................34 SECTION 7.4 Notification to Noteholders and Certificateholders......................................34 .........................................26 SECTION 7.5 7.4 Waiver of Past Events of Servicing Termination..........................................35 .............................................26 ARTICLE VIII TERMINATION.............................................................................35 ................................................................................26 SECTION 8.1 Optional Purchase of All Receivables....................................................35 .......................................................26 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture.................................35....................................27

Servicing Termination. 32 31 SECTION 7.1 Events of Servicing Termination.........................................................32 ............................................................31 SECTION 7.2 Appointment of Successor Servicer.................................................................................................................33 SECTION 7.3 Repayment of Advances.........................................................................................................................................34 SECTION 7.4 Notification to Noteholders and Certificateholders...............................................................................34 SECTION 7.5 Waiver of Past Events of Servicing Termination..........................................35 .............................................34 ARTICLE VIII TERMINATION.............................................................................35 .....................................................................................34 SECTION 8.1 Optional Purchase of All Receivables....................................................35 .......................................................34 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture.....................................................................35

Servicing Termination. 32 SECTION 7.1 Events of Servicing Termination.........................................................32 ................................................34 SECTION 7.2 Appointment of Successor Servicer.......................................................33 ..............................................36 SECTION 7.3 Repayment of Simple Interest Advances...................................................................34 ..........................................37 SECTION 7.4 Notification to Noteholders and Certificateholders......................................34 .............................37 SECTION 7.5 Waiver of Past Events of Servicing Termination..........................................35 ARTICLE VIII TERMINATION.............................................................................35 SECTION 8.1 Optional Purchase of All Receivables....................................................35 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture.................................3537

Servicing Termination. 32 26 SECTION 7.1 Events of Servicing Termination.........................................................32 ............................................................26 SECTION 7.2 Appointment of Successor Master Servicer.......................................................33 ...................................................27 SECTION 7.3 Repayment of Advances...................................................................34 SECTION 7.4 Notification to Noteholders and Certificateholders......................................34 .........................................29 SECTION 7.5 7.4 Waiver of Past Events of Servicing Termination..........................................35 .............................................29 ARTICLE VIII TERMINATION.............................................................................35 ................................................................................29 SECTION 8.1 Optional Purchase of All Receivables....................................................35 .......................................................29 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture.................................35....................................30

Servicing Termination. 32 SECTION 7.1 41 Section 6.01. Events of Servicing Termination.........................................................32 SECTION 7.2 ........................................................41 Section 6.02. Indenture Trustee to Act; Appointment of Successor Servicer.......................................................33 SECTION 7.3 Repayment of Advances...................................................................34 SECTION 7.4 Successor.....................................45 Section 6.03. Notification to Noteholders and Residual Certificateholders......................................34 SECTION 7.5 Waiver of Past Events of Servicing ............................46 ARTICLE VII TERMINATION..........................................................................................46 Section 7.01. Termination..........................................35 ............................................................................46 ARTICLE VIII TERMINATION.............................................................................35 SECTION 8.1 Optional Purchase of All Receivables....................................................35 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture.................................35ADMINISTRATIVE DUTIES OF THE SERVICER...............................................................47 Section 8.01. Administrative Duties..................................................................47 Section 8.02. Records................................................................................49 Section 8.03. Additional Information to be Furnished to the Issuer...................................49

Servicing Termination. 32 20 SECTION 7.1 Events of Servicing Termination.........................................................32 Termination .............................................. 20 SECTION 7.2 Appointment of Successor Servicer.......................................................33 Servicer ............................................ 22 SECTION 7.3 Repayment of Advances...................................................................34 SECTION 7.4 Notification to Noteholders and Certificateholders......................................34 Certificateholders ........................... 23 SECTION 7.5 7.4 Waiver of Past Events of Servicing Termination..........................................35 Termination ............................... 23 ARTICLE VIII TERMINATION.............................................................................35 TERMINATION ...................................................................... 23 SECTION 8.1 Optional Purchase of All Receivables....................................................35 Receivables ......................................... 23 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture.................................35Indenture ...................... 23

Servicing Termination. 32 SECTION 7.1 Events of Servicing Termination.....................................................................................................................32 SECTION 7.2 Appointment of Successor Servicer.................................................................................................................33 SECTION 7.3 Repayment of Advances.........................................................................................................................................34 SECTION 7.4 Notification to Noteholders and Certificateholders...............................................................................34 SECTION 7.5 Waiver of Past Events of Servicing Termination.......................................................................................35 ARTICLE VIII TERMINATION.............................................................................................................................................................35 SECTION 8.1 Optional Purchase of All Receivables...........................................................................................................35 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture.....................................................................35

Servicing Termination. 32 SECTION 7.1 47 Section 6.01. Events of Servicing Termination.........................................................32 SECTION 7.2 .............................................................. 47 Section 6.02. Indenture Trustee to Act; Appointment of Successor Servicer.......................................................33 SECTION 7.3 Repayment of Advances...................................................................34 SECTION 7.4 Successor........................................... 50 Section 6.03. Notification to Noteholders and Residual Certificateholders......................................34 SECTION 7.5 Waiver of Past Events of Servicing .................................. 51 ARTICLE VII Termination..........................................35 ........................................................................................... 52 Section 7.01. Termination.................................................................................. 52 ARTICLE VIII TERMINATION.............................................................................35 SECTION 8.1 Optional Purchase Administrative Duties of All Receivables....................................................35 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture.................................35the Servicer................................................................ 53 Section 8.01. Administrative Duties........................................................................ 53 Section 8.02. Records...................................................................................... 55 Section 8.03. Additional Information to be Furnished to the Issuer......................................... 55