Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article 7, the Grantee appoints the Servicer, and the Servicer accepts such appointment, to perform the Servicer's obligations pursuant to this Agreement on behalf of and for the benefit of the Grantee or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 6 contracts
Samples: Servicing Agreement (Comed Funding LLC), Servicing Agreement (Illinois Power Securitization Limited Liability Co), Intangible Transition Property Servicing Agreement (Comed Funding LLC)
