Common use of Transfer Period Clause in Contracts

Transfer Period. A period of sixty (60) days following the Backup Servicer’s receipt of a Transfer Notice and ending on the date the Backup Servicer is to begin Successor Servicer duties for the Contracts and the related Receivables.

Appears in 2 contracts

Sources: Backup Servicing Agreement (CNH Equipment Trust 2006-B), Backup Servicing Agreement (CNH Equipment Trust 2007-A)

Transfer Period. A period of up to sixty (60) days following the Backup Servicer’s receipt of a Transfer Notice and ending on the date the Backup Servicer is to begin Successor Servicer duties for the Contracts and the related Receivables.

Appears in 1 contract

Sources: Backup Servicing Agreement (CNH Capital Receivables LLC)