Common use of Action upon Termination, Resignation or Removal Clause in Contracts

Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Administration Agreement pursuant to Section 8(a) hereof or the resignation or removal of the Issuer Administrator pursuant to Section 8(b) or (c) hereof, respectively, the Issuer Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination, resignation or removal. The Issuer Administrator shall forthwith upon such termination pursuant to Section 8(a) hereof deliver to the Issuer all property and documents of or relating to the Trust Estate then in the custody of the Issuer Administrator. In the event of the resignation or removal of the Issuer Administrator pursuant to Section 8(b) or (c) hereof, respectively, the Issuer Administrator shall cooperate with the Issuer and take all reasonable steps requested to assist the Issuer in making an orderly transfer of the duties of the Issuer Administrator.

Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Administration Agreement pursuant to Section 8(a) hereof or the resignation or removal of the Issuer Administrator pursuant to Section 8(b) or (c8(c) hereof, respectivelyor 8(d), the Issuer Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination, resignation or removal. The Issuer Administrator shall forthwith upon such termination pursuant to Section 8(a) hereof deliver to or to the order of the Issuer all property and documents of or relating to the Trust Estate Collateral then in the custody of the Issuer Administrator. In the event of the resignation or removal of the Issuer Administrator pursuant to Section 8(b) or (c8(c) hereof, respectivelyor 8(d), the Issuer Administrator shall cooperate with the Issuer and take all reasonable steps requested to assist the Issuer in making an orderly transfer of the duties of the Issuer Administrator.. 6 (NAROT 2025-A Administration Agreement)

Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Administration Agreement pursuant to Section 8(a) hereof of this Agreement or the resignation or removal of the Issuer Administrator pursuant to Section 8(b) or (c) hereof, respectivelyof this Agreement, the Issuer Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination, resignation or removal. The Issuer Administrator shall forthwith upon such termination pursuant to Section 8(a) hereof of this Agreement deliver to the Issuer as appropriate, all property and documents of or relating to the Trust Estate Collateral then in the custody of the Issuer Administrator. In the event of the resignation or removal of the Issuer Administrator pursuant to Section 8(b) or (c) hereof, respectivelyof this Agreement, the Issuer Administrator shall cooperate with the Issuer and take all reasonable steps steps, at the sole cost and expense of the Issuer, requested to assist the Issuer in making an orderly transfer of the duties of the Issuer Administrator.

Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Administration Agreement pursuant to Section 8(a) hereof or ), the resignation or removal of the Issuer Administrator pursuant to Section 8(b) or the removal of the Administrator pursuant to Section 8(c) or (c) hereof, respectivelyd), the Issuer Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination, resignation or removal. The Issuer Administrator shall forthwith upon such termination pursuant to Section 8(a) hereof deliver to the Issuer all property and documents of or relating to the Trust Estate Collateral then in the custody of the Issuer Administrator. In the event of the resignation or removal of the Issuer Administrator pursuant to Section 8(b) or the removal of the Administrator pursuant to Section 8(c) or (c) hereof, respectivelyd), the Issuer Administrator shall cooperate with the Issuer and take all reasonable steps requested to assist the Issuer in making an orderly transfer of the duties of the Issuer Administrator.

Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Administration Agreement pursuant to Section 8(a) hereof or ), the resignation or removal of the Issuer Administrator pursuant to Section 8(b) or the removal of the Administrator pursuant to Section 8(c) or (c) hereof, respectivelyd), the Issuer Administrator shall be entitled to be paid all fees and reimbursable expenses of its properly allocated costs accruing to it to the date of such termination, resignation or removal. The Issuer Administrator shall forthwith upon such termination pursuant to Section 8(a) hereof deliver to the Issuer all property and documents of or relating to the Trust Estate Collateral or the Issuer then in the custody of the Issuer Administrator. In the event of the resignation or removal of the Issuer Administrator pursuant to Section 8(b) or the removal of the Administrator pursuant to Section 8(c) or (c) hereof, respectivelyd), the Issuer Administrator shall cooperate with the Issuer and take all reasonable steps requested to assist the Issuer in making an orderly transfer of the duties of the Issuer Administrator.

Action upon Termination, Resignation or Removal. Promptly upon the effective date of termination of this Administration Agreement pursuant to Section SECTION 8(a) hereof ), or the resignation or removal of the Issuer Administrator pursuant to Section SECTION 8(b) or (c) hereof), respectively, the Issuer Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination, resignation or removal. The Issuer Administrator shall forthwith upon such termination pursuant to Section SECTION 8(a) hereof deliver to the Issuer all property and documents of or relating to the Trust Estate Collateral then in the custody of the Issuer Administrator. In the event of the resignation or removal of the Issuer Administrator pursuant to Section SECTION 8(b) or (c) hereof), respectively, the Issuer Administrator shall cooperate with the Issuer and the Indenture Trustee and take all reasonable steps requested to assist the Issuer and the Indenture Trustee in making an orderly transfer of the duties of the Issuer Administrator.