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

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-1)

Servicing Termination. SECTION 8.1 7.1 Events of Servicing Termination............................................................59 ................................ 66 SECTION 8.2 7.2 Indenture Trustee to Act; Appointment of Successor Servicer................................61 .... 68 SECTION 8.3 7.3 Effect of Servicing Transfer...............................................................61 ................................... 69 SECTION 8.4 7.4 Notification to Noteholders and Certificateholders.........................................62 ............. 70 SECTION 8.5 7.5 Waiver of Past Events of Servicing Termination.............................................62................. 70 ARTICLE VIII

Appears in 1 contract

Sources: Sale and Servicing Agreement (Daimler Benz Vehicle Receivables Corp)

Servicing Termination. SECTION 56 Section 8.1 Events of Servicing Termination............................................................59 SECTION Servicer Termination Events................................56 Section 8.2 Indenture Trustee to Act; Appointment of Successor Servicer................................61 SECTION ..........57 Section 8.3 Effect of Servicing Transfer...............................................................61 SECTION ...............................58 Section 8.4 Notification to Noteholders and Certificateholders.........................................62 SECTION Holders....................................59 Section 8.5 Waiver of Past Events of Servicing Termination.............................................62Servicer Termination Events.................59 Section 8.6

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Bas Securitization LLC)

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

Appears in 1 contract

Sources: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

Servicing Termination. SECTION 8.1 Events of Servicing Termination............................................................59 .............................. 47 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..................................................... 49

Appears in 1 contract

Sources: Sale and Servicing Agreement (Carmax Auto Funding LLC)

Servicing Termination. SECTION 8.1 Events of Servicing Termination............................................................59 Termination ..............................................45 SECTION 8.2 Indenture Trustee to Act; Appointment of Successor Servicer................................61 Servicer ..................47 SECTION 8.3 Effect of Servicing Transfer...............................................................61 Transfer .................................................47 SECTION 8.4 Notification to Noteholders Noteholders, Certificateholders and Certificateholders.........................................62 SECTION 8.5 Waiver of Past Events of Servicing Termination.............................................62Rating Agencies ..........48

Appears in 1 contract

Sources: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

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 ........................................... 50 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

Appears in 1 contract

Sources: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

Servicing Termination. SECTION 8.1 Events of Servicing Termination............................................................59 SECTION 8.2 Indenture 61 Section 8.1. Servicer Termination Events........................... 61 Section 8.2. Trustee to Act; Appointment of Successor Servicer................................61 SECTION 8.3 ..... 63 Section 8.3. Effect of Servicing Transfer...............................................................61 SECTION 8.4 .......................... 64 Section 8.4. Notification to Noteholders and Certificateholders.........................................62 SECTION 8.5 Holders............................... 65 Section 8.5. Waiver of Past Events of Servicing Termination.............................................62Servicer Termination Events............ 65 Section 8.6.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Amsouth Auto Corp Inc)

Servicing Termination. SECTION 8.1 Events of Servicing Termination............................................................59 .............................. 49 SECTION 8.2 Indenture Trustee to Act; Appointment of Successor Servicer................................61 ..................................................... 51 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................................. 52

Appears in 1 contract

Sources: Sale and Servicing Agreement (Carmax Auto Funding LLC)

Servicing Termination. SECTION 8.1 8.1. Events of Servicing Termination............................................................59 ............................... 90 SECTION 8.2 8.2. Indenture Trustee to Act; Appointment of Successor Servicer................................61 ... 92 SECTION 8.3 8.3. Effect of Servicing Transfer...............................................................61 .................................. 93 SECTION 8.4 8.4. Notification to Noteholders Noteholders, Certificateholders and Final Payment Certificateholders.........................................62 ................................. 94 SECTION 8.5 8.5. Waiver of Past Events of Servicing Termination.............................................62................ 94

Appears in 1 contract

Sources: Sale and Servicing Agreement (Mmca Auto Receivables Inc)