Servicer Defaults. Each of the following shall constitute a “Servicer Default”:
Appears in 21 contracts
Sources: Servicing Agreement (Ally Auto Receivables Trust 2025- 1), Servicing Agreement (Ally Auto Receivables Trust 2025- 1), Servicing Agreement (Ally Auto Receivables Trust 2024-2)
Servicer Defaults. Each of the following shall constitute a “"Servicer Default”":
Appears in 10 contracts
Sources: Trust Sale and Servicing Agreement (Capital Auto Receivables Asset Trust 2006-1), Trust Sale and Servicing Agreement (Capital Auto Receivables Inc), Trust Sale and Servicing Agreement (Capital Auto Receivables Inc)