Action upon Termination or Removal. Promptly upon the effective date of termination of this Agreement pursuant to Section 2.4, or the removal or resignation of the Administrator pursuant to Section 2.4, the Administrator shall be entitled to be paid by the Issuer all fees accruing to it to the date of such termination or removal pursuant to Section 8.6(a) or Section 5.4(b) of the Indenture, as applicable.
Appears in 6 contracts
Sources: Administration Agreement (Drive Auto Receivables Trust 2025-2), Administration Agreement (Drive Auto Receivables Trust 2025-2), Administration Agreement (Santander Drive Auto Receivables Trust 2025-3)
Action upon Termination or Removal. Promptly upon the effective date of termination of this Agreement pursuant to Section 2.4, or the removal or resignation of the Administrator pursuant to Section 2.4, the Administrator shall be entitled to be paid by the Issuer all fees accruing to it to the date of such termination or removal Issuer, pursuant to Section 8.6(a) or Section 5.4(b) of the Indenture, as applicable, all fees accruing to it to the date of such termination or removal.
Appears in 5 contracts
Sources: Administration Agreement (Santander Drive Auto Receivables Trust 2025-2), Administration Agreement (Santander Drive Auto Receivables Trust 2025-2), Administration Agreement (Santander Drive Auto Receivables Trust 2025-1)