Common use of Notification to Securityholders Clause in Contracts

Notification to Securityholders. (a) Promptly following the occurrence of any Servicer Default, the Servicer shall give written notice thereof to the Trustees, the Trust Depositor and each Rating Agency at the addresses described in Section 13.04 hereof and to the Noteholders and Certificateholder at their respective addresses appearing on the Note Register and the Certificate Register, respectively. (b) Within 10 days following any termination or appointment of a Successor Servicer pursuant to this Article VIII, the Indenture Trustee shall give written notice thereof to each Rating Agency and the Trust Depositor at the addresses described in Section 13.04 hereof, and to the Noteholders and Certificateholder at their respective addresses appearing on the Note Register and the Certificate Register, respectively.

Appears in 6 contracts

Sources: Transfer and Servicing Agreement (Orix Credit Alliance Receivables Trust 1999-A), Transfer and Servicing Agreement (Orix Credit Alliance Receivables Trust 2000-A), Sale and Servicing Agreement (Heller Funding Corp Ii)

Notification to Securityholders. (a) Promptly following the occurrence of any Servicer DefaultEvent of Termination, the Servicer shall give written notice thereof to the Trustees, the Trust Depositor and each Rating Agency at the addresses described in Section 13.04 11.04 hereof and to the Noteholders and Certificateholder Certificateholders at their respective addresses appearing on the Note Register and the Certificate Register, respectively. (b) Within 10 days following any termination or appointment of a Successor Servicer pursuant to this Article VIII, the Indenture Trustee shall give written notice thereof to each Rating Agency and the Trust Depositor at the addresses described in Section 13.04 11.04 hereof, and to the Noteholders and Certificateholder Certificateholders at their respective addresses appearing on the Note Register and the Certificate Register, respectively.

Appears in 4 contracts

Sources: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2009-2), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2009-4), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2009-3)

Notification to Securityholders. (a) Promptly following the occurrence of any Servicer Default, the Servicer shall give written notice thereof to the Trustees, the Trust Depositor and each Rating Agency at the addresses described in Section 13.04 hereof and hereof, to the Noteholders and Certificateholder at their respective addresses appearing on the Note Register and the Certificate Register, respectively. (b) Within 10 days following any termination of the Servicer or appointment of a Successor Servicer pursuant to this Article VIII8, the Indenture Trustee shall give written notice thereof to each Rating Agency and the Trust Depositor at the addresses described in Section 13.04 hereof, and to the Noteholders and Certificateholder at their respective addresses appearing on the Note Register and the Certificate Register, respectively.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Capitalsource Inc)

Notification to Securityholders. (a) Promptly following the occurrence of any Servicer Default, the Servicer shall give written notice thereof to the Trustees, the Trust Depositor and each Rating Agency at the addresses described in Section 13.04 hereof 11.04 and to the Noteholders and Certificateholder at their respective addresses appearing on the Note Register and the Certificate Register, respectively. (b) Within 10 days following any termination or appointment of a Successor Servicer pursuant to this Article VIII, the Indenture Trustee shall give written notice thereof to each Rating Agency and the Trust Depositor at the addresses described in Section 13.04 hereof11.04, and to the Noteholders and Certificateholder at their respective addresses appearing on the Note Register and the Certificate Register, respectively.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Newcourt Receivables Corp Ii)

Notification to Securityholders. (a) Promptly following the occurrence of any Servicer Default, the Servicer shall give written notice thereof to the Trustees, the Trust Depositor and each Rating Agency at the addresses described in Section 13.04 11.04 hereof and to the Noteholders and Certificateholder Certificateholders at their respective addresses appearing on the Note Register and the Certificate Register, respectively. (b) Within 10 days following any termination or appointment of a Successor Servicer pursuant to this Article VIII, the Indenture Trustee shall give written notice thereof to each Rating Agency and the Trust Depositor at the addresses described in Section 13.04 11.04 hereof, and to the Noteholders and Certificateholder Certificateholders at their respective addresses appearing on the Note Register and the Certificate Register, respectively.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Heller Funding Corp)

Notification to Securityholders. (a) Promptly following the occurrence of any Servicer Default, the Servicer shall give written notice thereof to the Trustees, the Trust Depositor and each Rating Agency at the addresses described in Section 13.04 hereof 11.04 and to the Noteholders and Certificateholder at their respective addresses appearing on the Note Register and the Certificate Register, respectively. (b) Within 10 ten (10) days following any termination or appointment of a Successor Servicer pursuant to this Article VIII, the Indenture Trustee shall give written notice thereof to each Rating Agency and the Trust Depositor at the addresses described in Section 13.04 hereof11.04, and to the Noteholders and Certificateholder at their respective addresses appearing on the Note Register and the Certificate Register, respectively.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Newcourt Receivables Corp Ii)

Notification to Securityholders. (a) Promptly following the occurrence of any Servicer Default, the Servicer shall give written notice thereof to the Trustees, the Trust Depositor and each Rating Agency at the addresses described in Section 13.04 hereof and to the ------------- Noteholders and Certificateholder at their respective addresses appearing on the Note Register and the Certificate Register, respectively.. 77 (b) Within 10 ten (10) days following any termination or appointment of a Successor Servicer pursuant to this Article VIII, the Indenture Trustee shall ------------ give written notice thereof to each Rating Agency and the Trust Depositor at the addresses described in Section 13.04 hereof, and to the Noteholders and ------------- Certificateholder at their respective addresses appearing on the Note Register and the Certificate Register, respectively.

Appears in 1 contract

Sources: Sale and Servicing Agreement (MCG Capital Corp)