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 Servicer, any successor Servicer shall give prompt written notice thereof to each Noteholder. Any successor Servicer shall also give courtesy copies of such notice to the Rating Agency.

Appears in 1 contract

Sources: Sale and Servicing Agreement (TFC Enterprises Inc)

Notification to Noteholders and Certificateholders. Upon -------------------------------------------------- any termination of, or appointment of a successor to the Servicer, any successor Servicer shall give prompt written notice thereof to each Noteholder. Any successor Servicer shall also give courtesy copies of such notice to the Rating Agency.

Appears in 1 contract

Sources: Sale and Servicing Agreement (TFC Enterprises Inc)

Notification to Noteholders and Certificateholders. Upon any -------------------------------------------------- termination of, or appointment of a successor to the Servicer, any successor Servicer shall give prompt written notice thereof to each Noteholder. Any successor Servicer shall also give courtesy copies of such notice to the Rating Agency.

Appears in 1 contract

Sources: Sale and Servicing Agreement (TFC Enterprises Inc)

Notification to Noteholders and Certificateholders. Upon any -------------------------------------------------- termination of, or appointment of a successor to the Servicer, any successor Servicer shall give prompt written notice thereof to each Noteholder. Any successor Servicer shall also give courtesy copies of such notice to the Rating AgencyAgencies.

Appears in 1 contract

Sources: Sale and Servicing Agreement (TFC Enterprises Inc)