Transition to Successor Administrator. If the Administrator resigns or is removed, the Administrator will cooperate with the Issuer and take all actions reasonably requested to assist the Issuer in making an orderly transition of the Administrator’s obligations to the successor Administrator.
Appears in 81 contracts
Samples: Transfer and Servicing Agreement (Verizon Owner Trust 2020-B), Transfer and Servicing Agreement (Verizon Owner Trust 2020-A), Transfer and Servicing Agreement (Verizon Owner Trust 2020-C)
Transition to Successor Administrator. If the Administrator resigns or is removed, the Administrator will cooperate with the Issuer and take all actions reasonably requested to assist the Issuer in making an orderly transition of the Administrator’s 's obligations to the successor Administrator.
Appears in 21 contracts
Samples: Administration Agreement (Ford Credit Auto Owner Trust 2024-A), Administration Agreement (Ford Credit Auto Lease Trust 2024-A), Administration Agreement (Ford Credit Auto Lease Trust 2024-A)
Transition to Successor Administrator. If the Administrator resigns or is removed, the Administrator will cooperate with the Issuer Trust and take all actions reasonably requested to assist the Issuer Trust in making an orderly transition of the Administrator’s obligations to the successor Administrator.
Appears in 3 contracts
Samples: Administration Agreement (Verizon Master Trust), Administration Agreement (Verizon Master Trust), Administration Agreement (Verizon Master Trust)
