Amendments to Section 5.01 of the Sale and Servicing Agreement Sample Clauses

Amendments to Section 5.01 of the Sale and Servicing Agreement. (i) Section 5.01(a) of the Sale and Servicing Agreement is hereby amended and restated in its entirety as follows: The Servicer, on behalf of the Issuer and the Indenture Trustee, shall establish the Collection Account in the name of the Indenture Trustee for the benefit of the Securityholders. The Collection Account shall be an Eligible Deposit Account initially established with the Securities Intermediary and maintained with the Securities Intermediary. Except as otherwise provided in this Agreement, in the event that the Collection Account maintained with the Securities Intermediary is no longer an Eligible Deposit Account, then the Servicer shall, with the Indenture Trustee and Securities Intermediary’s assistance, as necessary, use reasonable efforts to cause the Collection Account to be moved to an Eligible Institution or Eligible Trust Account Institution within sixty (60) days.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs

Related to Amendments to Section 5.01 of the Sale and Servicing Agreement

  • Amendments to Section 1.01 Section 1.01 of the Credit Agreement is hereby amended as follows:

  • Amendments to Section 6 08. Section 6.08 of the Credit Agreement is hereby amended as follows:

  • Amendments to Section 3 12. Section 3.12 of the Existing Credit Agreement is hereby amended in its entirety to read as follows:

  • Amendments to Section 5 1 of the Original Indenture. Solely for the purpose of determining Events of Default with respect to the 2023 Notes, paragraphs Section 5.1(e), Section 5.1(f) and Section 5.1(h) of the Original Indenture shall be amended such that each and every reference therein to the Issuer shall be deemed to mean either the Issuer or Consumers.

  • Amendments to Section 7 11. Section 7.11 of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows:

  • Amendments to Section 4 11. Section 4.11 of the Indenture is hereby amended and restated in its entirety to read as follows:

  • Amendments to Section 1.01. Section 1.01 of the Credit Agreement is amended as follows:

  • Amendments to Section 2 Section 2 of the Credit Agreement is hereby amended as follows:

  • Amendments to Section 1 1. Section 1.1 of the Existing Credit Agreement is hereby amended in the following respects:

  • Amendments to Section 1.1 Section 1.1 of the Credit Agreement is hereby amended as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.