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Common use of Servicer Resignation and Termination Successor Servicer Clause in Contracts

Servicer Resignation and Termination Successor Servicer.

Appears in 96 contracts

Sources: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2025-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2025-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2025-A)

Related Clauses

  • Termination of Servicing Agreements; Successor Servicers
  • Appointment of Successor Servicer
  • Master Servicer to Act; Appointment of Successor
  • Resignation and Removal of the Trustee or the Certificate Administrator
  • Resignation and Removal of the Depositary; Appointment of Successor Depositary

Parent Clauses

  • Electronic Signatures
  • Direction to Owner Trustee
  • Direction to Owner Trustee and the Master Trust Owner Trustee

Sub-Clauses

  • Acceptance of Engagement
  • Successor Servicer
  • Transfer of Authority
  • Compensation of Successor Servicer
  • Transition of Servicing
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