Lockbox Arrangements. The Servicer and the Originator shall not alter or modify the Lockbox or collection account arrangements that are in effect as of the Closing Date relating to collection of payments on the Contracts without prior written notice to the Insurer.
Appears in 1 contract
Sources: Insurance Agreement (Santander Drive Auto Receivables Trust 2007-1)
Lockbox Arrangements. The Servicer and the Originator shall not alter or modify the Lockbox lockbox or collection account arrangements that are in effect as of the Closing Date relating to collection of payments on the Contracts without prior written notice to the Insurer.
Appears in 1 contract
Sources: Insurance Agreement (Santander Drive Auto Receivables Trust 2007-3)