Common use of Servicing Termination Clause in Contracts

Servicing Termination. SECTION 8.1 Events of Servicing Termination................................59 SECTION 8.2 Indenture Trustee to Act; Appointment of Successor Servicer.......................................................61 SECTION 8.3 Effect of Servicing Transfer...................................61 SECTION 8.4 Notification to Noteholders and Certificateholders.............62 SECTION 8.5 Waiver of Past Events of Servicing Termination.................62

Servicing Termination. 22 SECTION 8.1 7.1 Events of Servicing Termination................................59 ............................................................22 SECTION 8.2 Indenture Trustee to Act; 7.2 Appointment of Successor Servicer.......................................................61 ..........................................................24 SECTION 8.3 Effect of Servicing Transfer...................................61 SECTION 8.4 7.3 Notification to Noteholders and Certificateholders.............62 .........................................25 SECTION 8.5 7.4 Waiver of Past Events of Servicing Termination.................62.............................................25 ARTICLE VIII TERMINATION................................................................................25 SECTION 8.1 Optional Purchase of All Receivables.......................................................25 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture....................................26

Servicing Termination. SECTION 8.1 7.1 Events of Servicing Termination................................59 ................................................34 SECTION 8.2 Indenture Trustee to Act; 7.2 Appointment of Successor Servicer.......................................................61 ..............................................36 SECTION 8.3 Effect 7.3 Repayment of Servicing Transfer...................................61 Simple Interest Advances..........................................37 SECTION 8.4 7.4 Notification to Noteholders and Certificateholders.............62 .............................37 SECTION 8.5 7.5 Waiver of Past Events of Servicing Termination.................62.................................37

Servicing Termination. 26 SECTION 8.1 7.1 Events of Servicing Termination................................59 ............................................................26 SECTION 8.2 Indenture Trustee to Act; 7.2 Appointment of Successor Master Servicer.......................................................61 ...................................................27 SECTION 8.3 Effect of Servicing Transfer...................................61 SECTION 8.4 7.3 Notification to Noteholders and Certificateholders.............62 .........................................29 SECTION 8.5 7.4 Waiver of Past Events of Servicing Termination.................62.............................................29 ARTICLE VIII TERMINATION................................................................................29 SECTION 8.1 Optional Purchase of All Receivables.......................................................29 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture....................................30

Servicing Termination. 20 SECTION 8.1 7.1 Events of Servicing Termination................................59 Termination .............................................. 20 SECTION 8.2 Indenture Trustee to Act; 7.2 Appointment of Successor Servicer.......................................................61 Servicer ............................................ 22 SECTION 8.3 Effect of Servicing Transfer...................................61 SECTION 8.4 7.3 Notification to Noteholders and Certificateholders.............62 Certificateholders ........................... 23 SECTION 8.5 7.4 Waiver of Past Events of Servicing Termination.................62Termination ............................... 23 ARTICLE VIII TERMINATION ...................................................................... 23 SECTION 8.1 Optional Purchase of All Receivables ......................................... 23 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture ...................... 23

Servicing Termination. SECTION 8.1 17 Section 7.1 Events of Servicing Termination................................59 SECTION 8.2 Indenture Trustee to Act; .......................... 17 Section 7.2 Appointment of Successor Servicer.......................................................61 SECTION 8.3 Effect of Servicing Transfer...................................61 SECTION 8.4 ........................ 18 Section 7.3 Notification to Noteholders Secured Parties and Certificateholders.............62 SECTION 8.5 the Holder of the Residual Interest........................................ 19 Section 7.4 Waiver of Past Events of Servicing Termination.................62................ 19 ARTICLE VIII TERMINATION................................................. 20 Section 8.1 Clean-Up Call............................................ 20

Servicing Termination. SECTION 8.1 Events of Servicing Termination................................59 Termination ............................................. 47 SECTION 8.2 Indenture Trustee to Act; Appointment of Successor Servicer.......................................................61 Servicer ............................. 49 SECTION 8.3 Effect of Servicing Transfer...................................61 Transfer ............................................................ 49 SECTION 8.4 Notification to Noteholders Insurer, Noteholders, Certificateholders and Certificateholders.............62 Rating Agencies ............ 50 SECTION 8.5 Waiver of Past Events of Servicing Termination.................62Termination .......................................... 50

Servicing Termination. 23 SECTION 8.1 7.1 Events of Servicing Termination................................59 ..................................................................23 SECTION 8.2 Indenture Trustee to Act; 7.2 Appointment of Successor Servicer.......................................................61 ................................................................25 SECTION 8.3 Effect of Servicing Transfer...................................61 SECTION 8.4 7.3 Notification to Noteholders and Certificateholders.............62 ...............................................26 SECTION 8.5 7.4 Waiver of Past Events of Servicing Termination.................62...................................................26 ARTICLE VIII TERMINATION......................................................................................26 SECTION 8.1 Optional Purchase of All Receivables.............................................................26 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture..........................................27

Servicing Termination. SECTION Section 8.1 Events of Servicing Termination................................59 SECTION ..............................................37 Section 8.2 Indenture Trustee to Act; Appointment of Successor Servicer.......................................................61 SECTION ............................................38 Section 8.3 Effect Repayment of Servicing Transfer...................................61 SECTION Advances........................................................39 Section 8.4 Notification to Noteholders and Certificateholders.............62 SECTION ...........................39 Section 8.5 Waiver of Past Events of Servicing Termination.................62...............................39

Servicing Termination. SECTION 8.1 7.1 Events of Servicing Termination................................59 ............................................................30 SECTION 8.2 Indenture Trustee to Act; 7.2 Appointment of Successor Servicer.......................................................61 ..........................................................31 SECTION 8.3 Effect of Servicing Transfer...................................61 SECTION 8.4 Notification to Noteholders and Certificateholders.............62 SECTION 8.5 Waiver of Past Events of Servicing Termination.................627.3

Servicing Termination. SECTION 8.1 Events of Servicing Termination............................................................................................59 SECTION 8.2 Indenture Trustee to Act; Appointment of Successor Servicer.......................................................................................61 SECTION 8.3 Effect of Servicing Transfer..................................................................................................61 SECTION 8.4 Notification to Noteholders and Certificateholders......................................................62 SECTION 8.5 Waiver of Past Events of Servicing Termination..............................................................62

Servicing Termination. SECTION 8.1 7.1 Events of Servicing Termination................................59 ................................................36 SECTION 8.2 Indenture Trustee to Act; 7.2 Appointment of Successor Servicer.......................................................61 ..............................................38 SECTION 8.3 Effect 7.3 Repayment of Servicing Transfer...................................61 Simple Interest Advances..........................................39 SECTION 8.4 7.4 Notification to Noteholders and Certificateholders.............62 .............................39 SECTION 8.5 7.5 Waiver of Past Events of Servicing Termination.................62.................................39

Servicing Termination. 23 SECTION 8.1 7.1 Events of Servicing Termination................................59 ............................................................23 SECTION 8.2 Indenture Trustee to Act; 7.2 Appointment of Successor Servicer.......................................................61 ..........................................................25 SECTION 8.3 Effect of Servicing Transfer...................................61 SECTION 8.4 7.3 Notification to Noteholders and Certificateholders.............62 .........................................26 SECTION 8.5 7.4 Waiver of Past Events of Servicing Termination.................62.............................................26 ARTICLE VIII TERMINATION................................................................................26 SECTION 8.1 Optional Purchase of All Receivables.......................................................26 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture....................................27

Servicing Termination. 32 SECTION 8.1 7.1 Events of Servicing Termination................................59 ............................................................32 SECTION 8.2 Indenture Trustee to Act; 7.2 Appointment of Successor Servicer.......................................................61 ..........................................................33 SECTION 8.3 Effect 7.3 Repayment of Servicing Transfer...................................61 Advances......................................................................34 SECTION 8.4 7.4 Notification to Noteholders and Certificateholders.............62 .........................................34 SECTION 8.5 7.5 Waiver of Past Events of Servicing Termination.................62.............................................35 ARTICLE VIII TERMINATION................................................................................35 SECTION 8.1 Optional Purchase of All Receivables.......................................................35 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture....................................35

Servicing Termination. SECTION 8.1 16 Section 6.1. Events of Servicing Termination................................59 SECTION 8.2 Indenture Trustee ..................................................16 Section 6.2. Consequence of a Servicer Termination Event......................................17 Section 6.3. Agreement to Act; Appointment Cooperate Upon Termination or Resignation of Successor the Servicer.......................................................61 SECTION 8.3 Effect of Servicing Transfer...................................61 SECTION 8.4 Notification to Noteholders and Certificateholders.............62 SECTION 8.5 ...........17 Section 6.4. Waiver of Past Events of Servicing Termination.................62...................................17 Section 6.5. Termination......................................................................17

Servicing Termination. 31 SECTION 8.1 7.1 Events of Servicing Termination................................59 ............................................................31 SECTION 8.2 Indenture Trustee to Act; 7.2 Appointment of Successor Servicer.......................................................61 ..........................................................33 SECTION 8.3 Effect 7.3 Repayment of Servicing Transfer...................................61 Advances......................................................................34 SECTION 8.4 7.4 Notification to Noteholders and Certificateholders.............62 .........................................34 SECTION 8.5 7.5 Waiver of Past Events of Servicing Termination.................62.............................................34 ARTICLE VIII TERMINATION.....................................................................................34 SECTION 8.1 Optional Purchase of All Receivables.......................................................34 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture....................................35

Servicing Termination. 32 SECTION 8.1 7.1 Events of Servicing Termination................................59 .........................................................32 SECTION 8.2 Indenture Trustee to Act; 7.2 Appointment of Successor Servicer.......................................................61 33 SECTION 8.3 Effect 7.3 Repayment of Servicing Transfer...................................61 Advances...................................................................34 SECTION 8.4 7.4 Notification to Noteholders and Certificateholders.............62 ......................................34 SECTION 8.5 7.5 Waiver of Past Events of Servicing Termination.................62..........................................35 ARTICLE VIII TERMINATION.............................................................................35 SECTION 8.1 Optional Purchase of All Receivables....................................................35 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture.................................35