Common use of Notice of Events of Default Clause in Contracts

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement.

Appears in 101 contracts

Sources: Indenture (Honda Auto Receivables 2025-2 Owner Trust), Indenture (Honda Auto Receivables 2025-2 Owner Trust), Indenture (American Honda Receivables LLC)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee Trustee, the Depositor, the Rating Agencies and each Rating Agency the Administrator prompt written notice of each Event of Default hereunder hereunder, each default on the part of the Depositor or the Servicer of its obligations under the Sale and Servicing Agreement and each default on the part of the Servicer Seller or the Seller Depositor of its obligations under the Sale and Servicing Receivables Purchase Agreement.

Appears in 94 contracts

Sources: Indenture (CarMax Auto Owner Trust 2025-3), Indenture (Carmax Auto Funding LLC), Indenture (CarMax Auto Owner Trust 2025-2)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder hereunder, and of each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement and on the part of the Seller or the Depositor of its obligations under the Receivables Purchase Agreement.

Appears in 66 contracts

Sources: Indenture (Hyundai Abs Funding LLC), Indenture (Hyundai Auto Receivables Trust 2025-C), Indenture (Hyundai Auto Receivables Trust 2025-C)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and hereunder, each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement and each default on the part of the Company or the Seller of its obligations under the Purchase Agreement.

Appears in 40 contracts

Sources: Indenture (Daimlerchrysler Services North America LLC), Indenture (Premier Auto Trust 1997-3), Indenture (Chrysler Financial Co LLC)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and of each default on the part of the Servicer or the Seller of its obligations under any party to the Sale and Servicing AgreementAgreement or the Purchase Agreement with respect to any of the provisions thereof.

Appears in 35 contracts

Sources: Indenture (Ford Credit Auto Receivables Two L P), Indenture (Mmca Auto Receivables Inc), Indenture (Ford Credit Auto Receivables Two L P)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder hereunder, and of each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement.

Appears in 28 contracts

Sources: Indenture (BMW Fs Securities LLC), Indenture (BMW Vehicle Owner Trust 2011-A), Indenture (BMW Vehicle Owner Trust 2011-A)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee Trustee, the Trust Agent, the Insurer and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its their respective obligations under the Sale and Servicing Agreement.

Appears in 26 contracts

Sources: Indenture (Onyx Acceptance Owner Trust 2005-A), Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder hereunder, and of each default on the part of (i) the Servicer or the Seller of its obligations under the Sale and Servicing AgreementAgreement and (ii) the Sellers under the Receivables Purchase Agreements.

Appears in 25 contracts

Sources: Indenture (BMW Vehicle Owner Trust 2025-A), Indenture (BMW Vehicle Owner Trust 2025-A), Indenture (BMW Vehicle Owner Trust 2024-A)

Notice of Events of Default. The Issuer shall give a Responsible Officer of each Rating Agency and the Indenture Trustee and each Rating Agency prompt written notice of the occurrence of each Event of Default hereunder Default, each default on the part of the Seller, the Servicer or the Depositor of their respective obligations under the Sale and Servicing Agreement and each default on the part of the Servicer Seller or the Seller Purchaser of its their respective obligations under the Sale and Servicing Receivables Purchase Agreement.

Appears in 24 contracts

Sources: Indenture (Mercedes-Benz Auto Receivables Trust 2025-1), Indenture (Mercedes-Benz Auto Receivables Trust 2025-1), Indenture (Daimler Trucks Retail Trust 2024-1)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee Trustee, the Insurer and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Master Servicer or the Seller of its their respective obligations under the Sale and Servicing Agreement.

Appears in 20 contracts

Sources: Indenture (WFS Financial Auto Loans Inc), Indenture (WFS Financial 1997-B Owner Trust), Indenture (WFS Financial 1997-D Owner Trust)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Master Servicer or the Seller of its their respective obligations under the Sale and Servicing Agreement.

Appears in 15 contracts

Sources: Indenture (WFS Financial 2005-3 Owner Trust), Indenture (WFS Receivables Corp 3), Indenture (WFS Receivables Corp 3)

Notice of Events of Default. The Issuer shall give a Responsible Officer of each Rating Agency and the Indenture Trustee and each Rating Agency prompt written notice of the occurrence of each Event of Default hereunder Default, each default on the part of the Seller, the Servicer or the Depositor of their respective obligations under the Sale and Servicing Agreement and each default on the part of the Servicer Seller or the Seller Purchaser of its obligations under the Sale and Servicing Receivables Purchase Agreement.

Appears in 13 contracts

Sources: Indenture (Mercedes-Benz Auto Receivables Trust 2018-1), Indenture (Mercedes-Benz Auto Receivables Trust 2018-1), Indenture (Mercedes-Benz Auto Receivables Trust 2016-1)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee Trustee, the Insurer and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its their respective obligations under the Sale and Servicing Trust Agreement.

Appears in 13 contracts

Sources: Indenture (Uacsc Auto Trusts Uacsc 1999-D Owner Trust Auto Rec Bac Note), Indenture (Uacsc 2001-C Owner Trust), Indenture (Uacsc 2002-a Owner TRST Auto Receivable Back Nt)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and each Event of Servicing Termination or default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement.

Appears in 12 contracts

Sources: Indenture (Wells Fargo Financial Auto Owner Trust 2005-A), Indenture (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A), Indenture (Bond Securitization LLC)

Notice of Events of Default. The Issuer shall give Upon a Responsible Officer responsible officer of the Indenture Owner Trustee having notice or actual knowledge thereof, the Issuer agrees to give the Trustee, the Note Insurer and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under any of the Sale and Servicing AgreementBasic Documents.

Appears in 12 contracts

Sources: Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the a Servicer or the Seller of its obligations Default under the Sale Pooling and Servicing Agreement.

Appears in 10 contracts

Sources: Indenture (Cit Funding Co, LLC), Indenture (CIT Equipment Collateral 2004-Ef1), Indenture (Ace Securities Corp)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee Trustee, the Depositor and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder hereunder, each default on the part of the Depositor or the Servicer of its obligations under the Sale and Servicing Agreement and each default on the part of the Servicer Seller or the Seller Depositor of its obligations under the Sale and Servicing Receivables Purchase Agreement.

Appears in 9 contracts

Sources: Indenture (CarMax Auto Owner Trust 2010-2), Indenture (CarMax Auto Owner Trust 2009-1), Indenture (CarMax Auto Owner Trust 2005-2)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations Master Servicer under the Sale and Servicing Agreement.

Appears in 8 contracts

Sources: Indenture (Saxon Asset Securities Trust 2005-1), Indenture (Sast 2006-3), Indenture (Saxon Asset Securities Trust 2004-2)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and each default on the part of the Servicer Servicer, World Omni or the Seller of its obligations under the Sale and Servicing Agreement or the Receivables Purchase Agreement.

Appears in 7 contracts

Sources: Indenture (World Omni Auto Receivables Trust 2005-A), Indenture (World Omni Auto Receivables LLC), Indenture (World Omni Auto Receivables Trust 2005-B)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement and each default on the part of the Company or the Seller of its obligations under the Purchase Agreement.

Appears in 6 contracts

Sources: Indenture (Chrysler Financial Auto Securitization Trust 2010-A), Indenture (Daimlerchrysler Auto Trust 2008-B), Indenture (DaimlerChrysler Auto Trust 2007-A)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the a Servicer or the Seller of its obligations Default under the Sale and Servicing Agreement.

Appears in 4 contracts

Sources: Indenture (Heller Funding Corp), Indenture (Fidelity Leasing Inc), Indenture (Harley Davidson Customer Funding Corp)

Notice of Events of Default. The Issuer shall give each Rating Agency, a Responsible Officer of the Indenture Trustee and each Rating Agency the Depositor prompt written notice of each Event of Default hereunder and each default on the part of the Seller, the Servicer or the Seller Depositor of its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Depositor of its obligations under the Receivables Purchase Agreement.

Appears in 4 contracts

Sources: Indenture (Wachovia Auto Owner Trust 2005-B), Indenture (Wachovia Auto Owner Trust 2005-A), Indenture (Wachovia Auto Owner Trust 2004-B)

Notice of Events of Default. The Issuer shall give each Rating Agency, a Responsible Officer of the Indenture Trustee and each Rating Agency the Depositor prompt written notice of each Event of Default hereunder and each default on the part of the Seller, the Master Servicer or the Seller Depositor of its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Depositor of its obligations under the Receivables Purchase Agreement.

Appears in 4 contracts

Sources: Indenture (WDS Receivables LLC), Indenture (WDS Receivables LLC), Indenture (Wachovia Auto Owner Trust 2006-A)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller Depositor of its obligations under the Sale and Servicing AgreementAgreement of which an Authorized Officer of the Issuer acquires actual knowledge.

Appears in 4 contracts

Sources: Indenture (Ace Securities Corp), Indenture (Barnett Auto Receivables Corp), Indenture (Oxford Resources Corp)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder hereunder, of which the Issuer has actual knowledge, and of each default on the part of the Servicer or the Seller Depositor of its obligations under the Sale and Servicing Agreement, of which the Issuer has actual knowledge.

Appears in 4 contracts

Sources: Indenture (Morgan Stanley Auto Loan Trust 2003-Hb1), Indenture (Morgan Stanley Auto Loan Trust 2004-Hb2), Indenture (Goldman Sachs Asset Backed Securities Corp)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement.

Appears in 3 contracts

Sources: Indenture (Nal Financial Group Inc), Indenture (Nal Financial Group Inc), Indenture (Nal Financial Group Inc)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller Company of its obligations under the Sale and Servicing Agreement.

Appears in 3 contracts

Sources: Indenture (Green Tree Financial Corp), Indenture (Green Tree Financial Corp), Indenture (Green Tree Financial Corp)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder hereunder, and of each default on the part of the Master Servicer or the Seller of its obligations under the Sale and Servicing Agreement.

Appears in 3 contracts

Sources: Indenture (Regions Auto Receivables Trust 2002-1), Indenture (Regions Auto Receivables Trust 2003-1), Indenture (Regions Acceptance LLC Regions Auto Receivables Tr 2003-2)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and each default on the part of the Master Servicer or the Seller of its obligations under the Sale and Servicing Agreement.

Appears in 3 contracts

Sources: Indenture (Greenwich Capital Acceptance Thornburg Sec Tr 2003-4), Indenture (Structured Asset Sec Corp Thornburg Mort Sec Trust 2003 6), Indenture (Structured Asset Securities Corp Mort Back Notes Ser 2002 9)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and hereunder, each Event of Termination, any Insolvency Event with respect to the Affiliated Purchaser, each default on the part of the Servicer Seller or the Seller Servicer of its their obligations under the Sale and Servicing AgreementBasic Documents.

Appears in 2 contracts

Sources: Indenture (Cit Group Securitization Corp Ii), Indenture (Cit Group Securitization Corp Ii)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller SPC of its obligations under the Sale Contribution and Servicing Agreement.

Appears in 2 contracts

Sources: Indenture (Conseco Finance Lease 2000-1 LLC), Indenture (Green Tree Lease Finance 1997-1 LLC)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder hereunder, each default on the part of Servicer or Transferor of its obligations under the Pooling and Servicing Agreement and each default on the part of the Servicer or the Seller ILC of its obligations under the Sale and Servicing Contribution Agreement.

Appears in 2 contracts

Sources: Indenture (Provident Lease Receivables Corp), Indenture (Provident Lease Receivables Corp)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and hereunder, each default on the part of the Servicer or the Seller of its obligations under the any Sale and Servicing Agreement and each default on the part of the Company or the Seller of its obligations under any Purchase Agreement.

Appears in 2 contracts

Sources: Master Indenture (Daimlerchrysler Services North America LLC), Master Indenture (Daimlerchrysler Services North America LLC)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee Trustee, the Administrator and the Enhancer and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreementhereunder.

Appears in 2 contracts

Sources: Indenture (Bear Stearns Asset Backed Securities Inc), Indenture (Irwin Home Equity Loan Trust 2004-1)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee Trustee, the Swap Counterparty and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement.

Appears in 2 contracts

Sources: Indenture (Honda Auto Receivables 2008-2 Owner Trust), Indenture (Honda Auto Receivables 2007-3 Owner Trust)

Notice of Events of Default. The Issuer shall give a Responsible Officer of each Rating Agency and the Indenture Trustee and each Rating Agency prompt written notice of each Event of Default hereunder hereunder, each default on the part of the Seller, the Servicer or the Depositor of their respective obligations under the Sale and Servicing Agreement and each default on the part of the Servicer Seller or the Seller Purchaser of its obligations under the Sale and Servicing Receivables Purchase Agreement.

Appears in 2 contracts

Sources: Indenture (Mercedes-Benz Auto Receivables Trust 2009-1), Indenture (Daimler Retail Receivables LLC)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Trustee Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder hereunder, written notice of each default on the part of Servicer or Transferor of its obligations under the Transfer and Servicing Agreement and each default on the part of the Servicer or the RPA Seller of its obligations under the Sale and Servicing Receivables Purchase Agreement, immediately after obtaining knowledge thereof.

Appears in 2 contracts

Sources: Master Indenture (World Financial Network Credit Card Master Trust), Master Indenture (World Financial Network Credit Card Master Trust)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement.

Appears in 2 contracts

Sources: Indenture (Nal Financial Group Inc), Indenture (Nal Financial Group Inc)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee Trustee, the Administrator, the Enhancer and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreementhereunder.

Appears in 2 contracts

Sources: Indenture (Bear Stearns Asset Backed Securities Inc), Indenture (Bear Stearns Asset Backed Securities Inc)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller Company of its their obligations under the Sale and Servicing Agreement.

Appears in 2 contracts

Sources: Indenture (Goldman Sachs Asset Backed Securities Corp), Indenture (Gs Mortgage Securities Corp)

Notice of Events of Default. The Issuer shall agrees to give a Responsible --------------------------- Trustee Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and written notice of each default on the part of the Servicer or the Seller of its obligations under the Sale Transfer and Servicing Agreement and each default on the part of a Seller of its obligations under the Receivables Purchase Agreement, as applicable.

Appears in 1 contract

Sources: Master Indenture (Spiegel Inc)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and hereunder, each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement and each default on the part of the Seller of its obligations under the Home Loan Purchase Agreement.

Appears in 1 contract

Sources: Indenture (Bear Stearns Asset Backed Securities Inc)

Notice of Events of Default. The Issuer shall agrees to give --------------------------- a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and and, immediately after obtaining knowledge of any of the following occurrences, written notice of each default on the part of the Servicer or the Seller of its obligations under the Sale Transfer and Servicing Agreement and each default on the part of a Seller of its obligations under the Receivables Purchase Agreement, as applicable.

Appears in 1 contract

Sources: Master Indenture (Spiegel Master Trust)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder hereunder, each default on the part of Servicer or Transferor of its obligations under the Pooling and Servicing Agreement and each default on the part of the Servicer or the Seller ILC of its obligations under the Sale and Servicing Purchase Agreement.

Appears in 1 contract

Sources: Indenture (Provident Lease Receivables Corp)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee and each the Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller Paragon of its obligations under the Sale and Servicing Agreement, in each case of which it becomes aware.

Appears in 1 contract

Sources: Indenture (Paragon Auto Receivables Corp)

Notice of Events of Default. The Issuer shall agrees to give a Responsible --------------------------- Trustee Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and and, immediately after obtaining knowledge of any of the following occurrences, written notice of each default on the part of the Servicer or the Seller of its obligations under the Sale Transfer and Servicing Agreement and each default on the part of a Seller of its obligations under the Receivables Purchase Agreement, as applicable.

Appears in 1 contract

Sources: Master Indenture (Spiegel Master Trust)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee Trustee, [the Swap Counterparty] and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement.

Appears in 1 contract

Sources: Indenture (American Honda Receivables Corp)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Trustee Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and written notice of each default on the part of the Servicer or the Seller Transferor of its obligations under the Sale Transfer and Servicing Agreement and each default on the part of the Transferor of its obligations under the Receivables Purchase Agreement, as applicable.

Appears in 1 contract

Sources: Master Indenture (Dc Funding International Inc)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee Trustee, the Servicer and each the Rating Agency Agencies prompt written notice of each Default of which the Issuer has Knowledge and Event of Default hereunder and the Indenture Trustee and Servicer notice of each default Default on the part of any party to the Servicer or other Transaction Documents with respect to any of the Seller provisions thereof of its obligations under which the Sale and Servicing AgreementIssuer has Knowledge.

Appears in 1 contract

Sources: Indenture (American Tower Corp /Ma/)

Notice of Events of Default. The Issuer shall give Upon a Responsible Officer responsible officer of the Issuer having actual knowledge or receipt of written notice thereof, the Issuer agrees to give the Indenture Trustee Trustee, the Trust Collateral Agent, [the Note Insurer] and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement.

Appears in 1 contract

Sources: Indenture (Long Beach Acceptance Corp)

Notice of Events of Default. The Issuer shall will give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and written notice of each default on the part of the Servicer or a Transferor of its obligations under the Transfer and Servicing Agreements and each default on the part of a Seller of its obligations under the Sale and Servicing AgreementReceivables Purchase Agreements, in each case immediately after the Issuer obtains knowledge thereof.

Appears in 1 contract

Sources: Indenture (Ford Credit Floorplan LLC)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Trustee Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and written notice of each default on the part of the Servicer or the Seller Transferor of its obligations under the Sale Transfer and Servicing Agreement.

Appears in 1 contract

Sources: Fourth Supplemental Indenture (Fnanb Credit Card Master Trust)

Notice of Events of Default. The Issuer shall give a --------------------------- Responsible Officer of the Indenture Trustee Trustee, and an Executive Officer of the Insurer and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer Seller, the Master Servicer, the Subservicer or the Seller Depositor of its obligations under the Sale and Servicing Agreement and each default on the part of the Seller or the Depositor of its obligations under the Receivables Purchase Agreement.

Appears in 1 contract

Sources: Indenture (Pooled Auto Securities Shelf LLC)

Notice of Events of Default. The Issuer shall give a Responsible Officer of the Indenture Trustee Trustee, the Servicer and each the Rating Agency Agencies prompt written notice of each Default of which it obtains Knowledge and each Event of Default hereunder and shall give the Indenture Trustee and the Servicer notice of each default on the part of any party to the Servicer or other Transaction Documents with respect to any of the Seller provisions thereof of its obligations under which the Sale and Servicing AgreementIssuer obtains Knowledge.

Appears in 1 contract

Sources: Base Indenture (Cogent Communications Holdings, Inc.)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder hereunder, written notice of each default on the part of Servicer or Transferor of its obligations under the Transfer and Servicing Agreement or the Pooling and Servicing Agreement and each default on the part of the Servicer or the Seller Bank of its obligations under the Sale and Servicing Purchase Agreement, immediately after obtaining knowledge thereof.

Appears in 1 contract

Sources: Master Indenture (Alliance Data Systems Corp)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing AgreementAgreement of which an Authorized Officer of the Issuer acquires actual knowledge.

Appears in 1 contract

Sources: Indenture (Oxford Resources Corp)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and each Servicer Termination Event or default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement.

Appears in 1 contract

Sources: Indenture (Bank One Auto Securitization Trust 2003-1)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its their respective obligations under the Sale and Servicing Agreement.

Appears in 1 contract

Sources: Indenture (Fleetwood Credit Receivables Corp)

Notice of Events of Default. The Issuer shall agrees to give a Responsible Officer of the Indenture Trustee and each the Rating Agency Agencies prompt written notice of each Event of Default hereunder and each Event of Servicing Termination or default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement.

Appears in 1 contract

Sources: Indenture (Bas Securitization LLC)