Common use of Notice of Breach Clause in Contracts

Notice of Breach. The Asset Representations Reviewer will notify the Issuer promptly in the event of an actual or reasonably suspected security breach, unauthorized access, misappropriation or other compromise of the security, confidentiality or integrity of Issuer PII and, where applicable, immediately take action to prevent any further breach.

Appears in 370 contracts

Samples: Asset Representations Review Agreement (Honda Auto Receivables 2024-2 Owner Trust), Review Agreement (Mercedes-Benz Auto Lease Trust 2024-A), Asset Representations Review Agreement (NISSAN AUTO RECEIVABLES Co II LLC)

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Notice of Breach. The Asset Representations Reviewer will notify the Issuer and the Servicer promptly in the event of an actual or reasonably suspected security breach, unauthorized access, misappropriation or other compromise of the security, confidentiality or integrity of Issuer PII and, where applicable, immediately take action to prevent any further breach.

Appears in 76 contracts

Samples: Asset Representations Review Agreement (CarMax Auto Owner Trust 2024-2), Asset Representations Review Agreement (Carmax Auto Funding LLC), Asset Representations Review Agreement (CarMax Auto Owner Trust 2024-1)

Notice of Breach. The Asset Representations Reviewer will notify the Issuer Issuer, the Servicer and the Administrator promptly in the event of an actual or reasonably suspected security breach, unauthorized access, misappropriation or other compromise of the security, confidentiality or integrity of Issuer PII and, where applicable, immediately take action to prevent any further breach.

Appears in 69 contracts

Samples: Asset Representations Review Agreement (Toyota Auto Receivables 2024-B Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2024-B Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2024-a Owner Trust)

Notice of Breach. The Asset Representations Reviewer will notify the Issuer Issuing Entity promptly in the event of an actual or reasonably suspected security breach, unauthorized access, misappropriation or other compromise of the security, confidentiality or integrity of Issuer Issuing Entity PII and, where applicable, immediately take action to prevent any further breach.

Appears in 58 contracts

Samples: Asset Representations Review Agreement (CNH Equipment Trust 2024-B), Asset Representations Review Agreement (CNH Equipment Trust 2024-B), Asset Representations Review Agreement (Nissan Auto Lease Trust 2024-A)

Notice of Breach. The Asset Representations Reviewer will notify the Issuer Issuer, the Administrator and the Servicer promptly in the event of an actual or reasonably suspected security breach, unauthorized access, misappropriation or other compromise of the security, confidentiality or integrity of Issuer PII and, where applicable, immediately take action to prevent any further breach.

Appears in 13 contracts

Samples: Daimler Trucks (Daimler Trucks Retail Trust 2024-1), Agreement (Daimler Trucks Retail Trust 2024-1), Asset Representations Review Agreement (Mercedes-Benz Auto Receivables Trust 2024-1)

Notice of Breach. The Asset Representations Reviewer will notify the Issuer Trust promptly in the event of an actual or reasonably suspected security breach, unauthorized access, misappropriation or other compromise of the security, confidentiality or integrity of Issuer Trust PII and, where applicable, immediately take action to prevent any further breach.

Appears in 6 contracts

Samples: Asset Representations Review Agreement (Verizon Master Trust), Asset Representations Review Agreement (Verizon Master Trust), Asset Representations Review Agreement (Verizon Master Trust)

Notice of Breach. The Asset Representations Reviewer will notify the Issuer Servicer promptly in the event of an actual or reasonably suspected security breach, unauthorized access, misappropriation or other compromise of the security, confidentiality or integrity of Issuer PII and, where applicable, immediately take action to prevent any further breach.

Appears in 4 contracts

Samples: Asset Representations Review Agreement (WF Card Funding LLC), Asset Representations Review Agreement (WF Card Issuance Trust), Receivables Purchase Agreement (BA Credit Card Trust)

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Notice of Breach. The Asset Representations Reviewer will notify the Issuer Issuing Entity and the Servicer promptly in the event of an actual or reasonably suspected security breach, unauthorized access, misappropriation or other compromise of the security, confidentiality or integrity of Issuer Issuing Entity PII and, where applicable, immediately take action to prevent any further breach.

Appears in 3 contracts

Samples: Asset Representations Review Agreement (World Omni LT), Asset Representations Review Agreement (World Omni Select Auto Trust 2021-A), Asset Representations Review Agreement (World Omni Select Auto Trust 2021-A)

Notice of Breach. The Asset Representations Reviewer will notify the Issuer Issuer, the RPA Seller, the Transferor and the Servicer promptly in the event of an actual or reasonably suspected security breach, unauthorized access, misappropriation or other compromise of the security, confidentiality or integrity of Issuer PII PII, if any, and, where applicable, immediately take action to prevent any further breach.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (First National Funding LLC), Asset Representations Review Agreement (First National Funding LLC)

Notice of Breach. The Asset Representations Reviewer will notify the Issuer Issuer, the Seller, the Transferor and the Servicer promptly in the event of an actual or reasonably suspected security breach, unauthorized access, misappropriation or other compromise of the security, confidentiality or integrity of Issuer PII PII, if any, and, where applicable, immediately take action to prevent any further breach.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (World Financial Network Credit Card Master Note Trust), Indemnification Agreement (World Financial Network Credit Card Master Trust)

Notice of Breach. The Asset Representations Reviewer will notify the Issuer and the Master Servicer promptly in the event of an actual or reasonably suspected security breach, unauthorized access, misappropriation or other compromise of the security, confidentiality or integrity of Issuer PII PII, if any, and, where applicable, immediately take action to prevent any further breach.

Appears in 2 contracts

Samples: Indemnification Agreement (Discover Card Master Trust I), Asset Representations Review Agreement (Discover Card Master Trust I)

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