Initial Servicer definition

Initial Servicer means CarMax.

Initial Servicer has the meaning assigned to such term in Section 6(a).

Initial Servicer shall have the meaning provided in Section 11.14(a) hereof.

Examples of Initial Servicer in a sentence

• Payment of Certain Expenses by the Initial Servicer 115 Section 7.06.

• Xxxxxxxx XX Title: President and Treasurer MERITOR, INC., as Initial Servicer By: /s/ Xxxx X.

• In addition to the terms of this Amendment, the Successor Servicer shall be subject to all the standards, obligations, responsibilities, and duties placed on the Initial Servicer by the terms and provisions of the Agreement and the other Transaction Documents as if such responsibilities, obligations and duties were written for the Successor Servicer and incorporated herein.

• This Amendment shall become effective and be deemed effective as of the date first written above (the “Amendment Effective Date”) upon the satisfaction of the following conditions precedent: (a) The Borrower, the Initial Servicer, the Successor Servicer, the Issuing Lender, the Administrator, each Lender, and each Originator shall have executed and delivered this Amendment.

• As of the date hereof, the information describing the Seller under the caption "The Depositor, Seller, Initial Servicer and Sponsor" in the Offering Memorandum dated June 8, 2022 relating to the Texas Stabilization N Bonds is true and correct in all material respects.

More Definitions of Initial Servicer

Initial Servicer means each of WhiteWave Foods, Country Fresh, Land-O-Sun and Southern Foods.

Initial Servicer has the meaning assigned to that term in the preamble hereto.

Initial Servicer means CDF.

Initial Servicer is defined in the first paragraph hereof.

Initial Servicer means Midland Loan Services, a division of PNC Bank, National Association, a national banking association.

Initial Servicer means Portfolio Financial Servicing Company, a Delaware corporation.

Initial Servicer means either of them.