Servicer Defaults. If any one of the following events (a “Servicer Default”) shall occur and be continuing:
Servicer Defaults. Each of the following shall constitute a “Servicer Default”:
Servicer Defaults. 99 SECTION 10.2 Trustee to Act; Appointment of Successor................. 101 SECTION 10.3 Notification to Certificateholders....................... 104 SECTION 10.4 Waiver of Past Defaults.................................. 104
Servicer Defaults. 74 SECTION 10.02. Trustee To Act: Appointment of Successor..................76 SECTION 10.03.
Servicer Defaults. .. 27 Section 7.2. Indenture Trustee to Act; Appointment of Successor............................................ 29 Section 7.3. Notification to Noteholders................................................................... 31 ARTICLE VIII TERMINATION.................................................................................................. 31 Section 8.1. Termination of Agreement...................................................................... 31
Servicer Defaults. 50 Section 7.02. Appointment of Successor Servicer..........................................................51 Section 7.03.
Servicer Defaults. 32 SECTION 8.02. Consequences of a Servicer Default........................................ 32 SECTION 8.03. Indenture Trustee to Act; Appointment of Successor........................ 33 SECTION 8.04. Notification to Securityholders........................................... 34 SECTION 8.05. 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. If any one of the following events (a "Servicer Default") shall occur and be continuing: (a) any failure by the Servicer to make any payment, transfer or deposit or to give instructions or to give notice to the Trustee to make such payment, transfer or deposit on or before the date occurring five Business Days after the date such payment, transfer or deposit or such instruction or notice is required to be made or given, as the case may be, under the terms of this Agreement or any Supplement; (b) failure on the part of the Servicer duly to observe or perform in any material respect any other covenants or agreements of the Servicer set forth in this Agreement or any Supplement which has an Adverse Effect and which continues unremedied for a period of 60 days after the date on which notice of such failure, requiring the same to be remedied, shall have been given to the Servicer by the Trustee, or to the Servicer and the Trustee by Holders of Investor Securities evidencing not less than 10% of the aggregate unpaid principal amount of all Investor Securities (or, with respect to any such failure that does not relate to all Series, 10% of the aggregate unpaid principal amount of all Series to which such failure relates); or the Servicer shall assign or delegate its duties under this Agreement, except as permitted by Sections 3.1(a), 8.2, 8.5 or 8.7; (c) any representation, warranty or certification made by the Servicer in this Agreement or any Supplement or in any certificate delivered pursuant to this Agreement or any Supplement shall prove to have been incorrect when made, which has an Adverse Effect on the rights of the Investor Securityholders of any Series (which determination shall be made without regard to whether funds are then available pursuant to any Series Enhancement) and which Adverse Effect continues for a period of 60 days after the date on which notice thereof, requiring the same to be remedied, shall have been given to the Servicer by the Trustee, or to the Servicer and the Trustee by the Holders of Investor Securities evidencing not less than 10% of the aggregate unpaid principal amount of all Investor Securities (or, with respect to any such representation, warranty or certification that does not relate to all Series, 10% of the aggregate unpaid principal amount of all Series to which such representation, warranty or certification relates); or (d) the Servicer shall consent to the appointment of a bankruptcy trustee or conservator or receiver...
Servicer Defaults. 55 Section 7.02. Appointment of Successor Servicer........................................................ 56 Section 7.03. Notification of Servicer Termination..................................................... 57 Section 7.04. Waiver of Past Defaults.................................................................. 57 Section 7.05. Repayment of Advances.................................................................... 57 ARTICLE EIGHT
Servicer Defaults. The happening of any one or more of the following events shall constitute a Servicer Default hereunder:
