Back-Up Servicer means Xxxxx Fargo Bank, National Association and its permitted successors and assigns, as provided in the Indenture.
Back-Up Servicer has the meaning specified in the Servicing Agreement.
Back-Up Servicer means, initially, Xxxxx Fargo Bank, National Association, and at any other time, the Person then acting as “Back-up Servicer” pursuant to and in accordance with the Back-up Servicing Agreement.
Examples of Back-Up Servicer in a sentence
Additionally, upon the occurrence of an Event of Default, Agent may immediately direct and cause the transition and substitution of all oversight, management and supervision of the Borrower’s and the other Loan Parties’ servicing, collection and administration duties in respect of the Business Operations and in respect of the Collateral to the Back-Up Servicer in accordance with Section 5.05(c) and the Back-Up Servicer Agreement.
The Borrower shall pay to the Back-Up Servicer all Back-Up Servicer Fees set forth in the Back-Up Servicer Agreement at the times specified therein.
The Back-Up Servicer Agreement, upon its execution, is in full force and effect.
More Definitions of Back-Up Servicer
Back-Up Servicer means Systems & Services Technologies, Inc., together with its permitted successors and assigns, in such capacity.
Back-Up Servicer means JPMorgan Chase Bank, in its capacity as Back-up Servicer pursuant to the terms of the Sale and Servicing Agreement or such Person as shall have been appointed Back-up Servicer pursuant to Section 9.2(c) of the Sale and Servicing Agreement.
Back-Up Servicer means a Person appointed as Back-Up Servicer pursuant to Section 21.2(c), having experience in servicing assets similar in type to the Receivables and who shall be reasonably acceptable to the Company, the Administrative Agent and each Funding Agent.
Back-Up Servicer shall initially mean Norwest Bank Minnesota, National Association.
Back-Up Servicer means Lord Securities Corporation, a Delaware corporation, and its successors under the Back-Up Servicing Agreement.