Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Servicer, the Trust Collateral Agent shall give prompt written notice thereof to each Securityholder and to the Rating Agencies.
Appears in 2 contracts
Sources: Sale and Servicing Agreement (Americredit Financial Services Inc), Sale and Servicing Agreement (Americredit Financial Services Inc)
Notification to Noteholders and Certificateholders. Upon any termination of, or appointment of a successor to, the Master Servicer, the Trust Collateral Agent shall give prompt written notice thereof to each Securityholder and to the Rating AgenciesSecurityholder.
Appears in 1 contract
Sources: Sale and Servicing Agreement (Advanta Automobile Receivables Trust 1997-1)