Common use of Notification to Noteholders and Certificateholders Clause in Contracts

Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer or the Indenture Trustee shall give prompt written notice thereof to each Noteholder.

Appears in 5 contracts

Sources: Master Sale and Servicing Agreement (Household Automotive Trust 2001-1), Master Sale and Servicing Agreement (Household Automotive Trust v Series 2000 2), Master Sale and Servicing Agreement (Household Automotive Trust Vi Series 2000 3)

Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer or the Indenture Trustee shall give prompt written notice thereof to each Noteholder.

Appears in 4 contracts

Sources: Master Sale and Servicing Agreement (Household Automotive Trust 2003-2), Master Sale and Servicing Agreement (Household Auto Receivables Corp), Master Sale and Servicing Agreement (Household Auto Receivables Corp)

Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer or the Indenture Trustee shall give prompt written notice thereof to each Noteholder.

Appears in 3 contracts

Sources: Master Sale and Servicing Agreement (Household Auto Receivables Corp), Master Sale and Servicing Agreement (Household Auto Receivables Corp), Master Sale and Servicing Agreement (Household Automobile Revolving Trust I)

Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the a Master Servicer or Administrator, as the case may be, pursuant to this Article VIII, the Eligible Lender Trustee shall give prompt written notice thereof to Certificateholders and the Indenture Trustee shall give prompt written notice thereof to each NoteholderNoteholders, the Surety Provider and the Rating Agencies (which, in the case of any such appointment of a successor, shall consist of prior written notice thereof to the Surety Provider and the Rating Agencies).

Appears in 3 contracts

Sources: Sale and Servicing Agreement (Classnotes Inc), Second Supplemental Sale and Servicing Agreement (Classnotes Inc), Sale and Servicing Agreement (Classnotes Inc)

Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer or the Administrator, as the case may be, pursuant to this Article VIII, the Eligible Lender Trustee shall give prompt written notice thereof to the holders of Certificates and the Indenture Trustee shall give prompt written notice thereof to each Noteholderholders of Notes and the Rating Agencies (which, in the case of any such appointment of a successor, shall consist of prior written notice thereof to the Rating Agencies).

Appears in 2 contracts

Sources: Sale and Servicing Agreement (Key Bank Usa National Association), Sale and Servicing Agreement (Mellon Bank N A)

Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer or Servicer, the Indenture Trustee shall give prompt written notice thereof to each Noteholder.

Appears in 1 contract

Sources: Master Sale and Servicing Agreement (Household Auto Receivables Corp)