Common use of Servicing Termination Clause in Contracts

Servicing Termination. 22 SECTION 7.1 Events of Servicing Termination............................................................22 SECTION 7.2 Appointment of Successor Servicer..........................................................24 SECTION 7.3 Notification to Noteholders and Certificateholders.........................................25 SECTION 7.4 Waiver of Past Events of Servicing Termination.............................................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. 22 SECTION 7.1 8.1 Events of Servicing Termination............................................................22 ................................59 SECTION 7.2 8.2 Indenture Trustee to Act; Appointment of Successor Servicer..........................................................24 .......................................................61 SECTION 7.3 8.3 Effect of Servicing Transfer...................................61 SECTION 8.4 Notification to Noteholders and Certificateholders.........................................25 .............62 SECTION 7.4 8.5 Waiver of Past Events of Servicing Termination.............................................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.................62

Servicing Termination. 22 SECTION 7.1 Events of Servicing Termination............................................................22 ................................................36 SECTION 7.2 Appointment of Successor Servicer..........................................................24 ..............................................38 SECTION 7.3 Repayment of Simple Interest Advances..........................................39 SECTION 7.4 Notification to Noteholders and Certificateholders.........................................25 .............................39 SECTION 7.4 7.5 Waiver of Past Events of Servicing Termination.............................................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.................................39

Servicing Termination. 22 SECTION 7.1 Events of Servicing Termination............................................................22 30 SECTION 7.2 Appointment of Successor Servicer..........................................................24 31 SECTION 7.3 Notification to Noteholders and Certificateholders.........................................25 SECTION 7.4 Waiver of Past Events of Servicing Termination.............................................25 ARTICLE VIII TERMINATION................................................................................25 SECTION 8.1 Optional Purchase of All Receivables.......................................................25 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture....................................267.3

Servicing Termination. 22 SECTION 17 Section 7.1 Events of Servicing Termination............................................................22 SECTION .......................... 17 Section 7.2 Appointment of Successor Servicer..........................................................24 SECTION ........................ 18 Section 7.3 Notification to Noteholders Secured Parties and Certificateholders.........................................25 SECTION the Holder of the Residual Interest........................................ 19 Section 7.4 Waiver of Past Events of Servicing Termination.............................................25 ................ 19 ARTICLE VIII TERMINATION................................................................................25 SECTION ................................................. 20 Section 8.1 Optional Purchase of All Receivables.......................................................25 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture....................................26Clean-Up Call............................................ 20

Servicing Termination. 22 26 SECTION 7.1 Events of Servicing Termination............................................................22 26 SECTION 7.2 Appointment of Successor Master Servicer..........................................................24 ...................................................27 SECTION 7.3 Notification to Noteholders and Certificateholders.........................................25 29 SECTION 7.4 Waiver of Past Events of Servicing Termination.............................................25 29 ARTICLE VIII TERMINATION................................................................................25 29 SECTION 8.1 Optional Purchase of All Receivables.......................................................25 29 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture....................................2630

Servicing Termination. 22 SECTION 7.1 Section 8.1 Events of Servicing Termination............................................................22 SECTION 7.2 ..............................................37 Section 8.2 Appointment of Successor Servicer..........................................................24 SECTION 7.3 ............................................38 Section 8.3 Repayment of Advances........................................................39 Section 8.4 Notification to Noteholders and Certificateholders.........................................25 SECTION 7.4 ...........................39 Section 8.5 Waiver of Past Events of Servicing Termination.............................................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...............................39

Servicing Termination. 22 23 SECTION 7.1 Events of Servicing Termination............................................................22 ..................................................................23 SECTION 7.2 Appointment of Successor Servicer..........................................................24 ................................................................25 SECTION 7.3 Notification to Noteholders and Certificateholders.........................................25 ...............................................26 SECTION 7.4 Waiver of Past Events of Servicing Termination.............................................25 ...................................................26 ARTICLE VIII TERMINATION................................................................................25 ......................................................................................26 SECTION 8.1 Optional Purchase of All Receivables.......................................................25 .............................................................26 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture....................................26..........................................27

Servicing Termination. 22 20 SECTION 7.1 Events of Servicing Termination............................................................22 Termination .............................................. 20 SECTION 7.2 Appointment of Successor Servicer..........................................................24 Servicer ............................................ 22 SECTION 7.3 Notification to Noteholders and Certificateholders.........................................25 Certificateholders ........................... 23 SECTION 7.4 Waiver of Past Events of Servicing Termination.............................................25 Termination ............................... 23 ARTICLE VIII TERMINATION................................................................................25 TERMINATION ...................................................................... 23 SECTION 8.1 Optional Purchase of All Receivables.......................................................25 Receivables ......................................... 23 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture....................................26Indenture ...................... 23

Servicing Termination. 22 32 SECTION 7.1 Events of Servicing Termination............................................................22 .........................................................32 SECTION 7.2 Appointment of Successor Servicer..........................................................24 .......................................................33 SECTION 7.3 Repayment of Advances...................................................................34 SECTION 7.4 Notification to Noteholders and Certificateholders.........................................25 ......................................34 SECTION 7.4 7.5 Waiver of Past Events of Servicing Termination.............................................25 ..........................................35 ARTICLE VIII TERMINATION................................................................................25 .............................................................................35 SECTION 8.1 Optional Purchase of All Receivables.......................................................25 ....................................................35 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture....................................26.................................35

Servicing Termination. 22 SECTION 7.1 Events of Servicing Termination............................................................22 ................................................34 SECTION 7.2 Appointment of Successor Servicer..........................................................24 ..............................................36 SECTION 7.3 Repayment of Simple Interest Advances..........................................37 SECTION 7.4 Notification to Noteholders and Certificateholders.........................................25 .............................37 SECTION 7.4 7.5 Waiver of Past Events of Servicing Termination.............................................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.................................37

Servicing Termination. 22 31 SECTION 7.1 Events of Servicing Termination............................................................22 31 SECTION 7.2 Appointment of Successor Servicer..........................................................24 33 SECTION 7.3 Repayment of Advances......................................................................34 SECTION 7.4 Notification to Noteholders and Certificateholders.........................................25 34 SECTION 7.4 7.5 Waiver of Past Events of Servicing Termination.............................................25 34 ARTICLE VIII TERMINATION................................................................................25 .....................................................................................34 SECTION 8.1 Optional Purchase of All Receivables.......................................................25 34 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture....................................2635

Servicing Termination. 22 23 SECTION 7.1 Events of Servicing Termination............................................................22 23 SECTION 7.2 Appointment of Successor Servicer..........................................................24 25 SECTION 7.3 Notification to Noteholders and Certificateholders.........................................25 26 SECTION 7.4 Waiver of Past Events of Servicing Termination.............................................25 26 ARTICLE VIII TERMINATION................................................................................25 26 SECTION 8.1 Optional Purchase of All Receivables.......................................................25 26 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture....................................2627

Servicing Termination. 22 32 SECTION 7.1 Events of Servicing Termination............................................................22 32 SECTION 7.2 Appointment of Successor Servicer..........................................................24 33 SECTION 7.3 Repayment of Advances......................................................................34 SECTION 7.4 Notification to Noteholders and Certificateholders.........................................25 34 SECTION 7.4 7.5 Waiver of Past Events of Servicing Termination.............................................25 35 ARTICLE VIII TERMINATION................................................................................25 35 SECTION 8.1 Optional Purchase of All Receivables.......................................................25 35 SECTION 8.2 Succession Upon Satisfaction and Discharge of Indenture....................................2635