Common use of Appointment of Servicer Clause in Contracts

Appointment of Servicer. 2.1 Subject to CLAUSES 2.3 and 4.3(D), and until termination pursuant to CLAUSE 21, the Mortgages Trustee, the Seller and Funding 1 (according to their respective estates and interests) each hereby appoints the Servicer as its lawful agent on their respective behalfs to administer the Loans and their Related Security, to provide certain other administration and management services and to exercise their respective rights, powers and discretions, and to perform their respective duties, under and in relation to the Loans and their Related Security. The Servicer in each case hereby accepts such appointment on the terms and subject to the conditions of this Agreement. The Security Trustee consents to the appointment of the Servicer on the terms of and subject to the conditions of this Agreement.

Appears in 8 contracts

Samples: Servicing Agreement (Permanent Financing (No. 6) PLC), Servicing Agreement (Permanent Mortgages Trustee LTD), Servicing Agreement (Permanent Mortgages Trustee LTD)

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Appointment of Servicer. 2.1 Subject to CLAUSES Clauses 2.3 and 4.3(D4.3(d), and until termination pursuant to CLAUSE Clause 21, the Mortgages Trustee, the Seller and Funding 1 (according to their respective estates and interests) each hereby appoints the Servicer as its lawful agent on their respective behalfs to administer the Loans and their Related Security, to provide certain other administration and management services and to exercise their respective rights, powers and discretions, and to perform their respective duties, under and in relation to the Loans and their Related Security. The Servicer in each case hereby accepts such appointment on the terms and subject to the conditions of this Agreement. The Security Trustee consents to the appointment of the Servicer on the terms of and subject to the conditions of this Agreement.

Appears in 4 contracts

Samples: Servicing Agreement (Permanent Mortgages Trustee LTD), Servicing Agreement (Permanent Mortgages Trustee LTD), Servicing Agreement (Permanent Mortgages Trustee LTD)

Appointment of Servicer. 2.1 Subject to CLAUSES 2.3 and 4.3(DClause 4.3(d), and until termination pursuant to CLAUSE Clause 21, the Mortgages Trustee, the Seller and Funding 1 (according to their respective estates and interests) each hereby appoints the Servicer as its lawful agent on their respective behalfs to administer the Loans and their Related Security, to provide certain other administration and management services and behalves to exercise their respective rights, powers and discretions, and to perform their respective duties, under and in relation to the Loans and their Related Security. The Servicer in each case hereby accepts such appointment on the terms and subject to the conditions of this Agreement. The Security Trustee consents to the appointment of the Servicer on the terms of and subject to the conditions of this Agreement.

Appears in 4 contracts

Samples: Servicing Agreement, Servicing Agreement, Servicing Agreement (Holmes Funding LTD)

Appointment of Servicer. 2.1 Subject to CLAUSES 2.3 Clauses 2.4 and 4.3(D4.3(e), and until termination pursuant to CLAUSE Clause 21, the Mortgages Trustee, the Seller and Funding 1 (according to their respective estates and interests) each hereby appoints the Servicer as its lawful agent on their respective behalfs behalf to administer the Loans and their Related Security, to provide certain other administration and management services and to exercise their respective rights, powers and discretions, and to perform their respective duties, under and in relation to the Loans and their Related Security. The Servicer in each case hereby accepts such appointment on the terms and subject to the conditions of this Agreement. The Funding 1 Security Trustee consents to the appointment of the Servicer on the terms of and subject to the conditions of this Agreement.

Appears in 3 contracts

Samples: Servicing Agreement, Servicing Agreement (Permanent Funding (No. 2) LTD), Servicing Agreement (Permanent Funding (No. 2) LTD)

Appointment of Servicer. 2.1 Subject to CLAUSES 2.3 2.4 and 4.3(D4.3(E), and until termination pursuant to CLAUSE 21, the Mortgages Trustee, the Seller and Funding 1 (according to their respective estates and interests) each hereby appoints the Servicer as its lawful agent on their respective behalfs behalf to administer the Loans and their Related Security, to provide certain other administration and management services and to exercise their respective rights, powers and discretions, and to perform their respective duties, under and in relation to the Loans and their Related Security. The Servicer in each case hereby accepts such appointment on the terms and subject to the conditions of this Agreement. The Funding 1 Security Trustee consents to the appointment of the Servicer on the terms of and subject to the conditions of this Agreement.

Appears in 2 contracts

Samples: Servicing Agreement (Permanent Funding (No. 2) LTD), Servicing Agreement (Permanent Funding (No. 2) LTD)

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Appointment of Servicer. 2.1 Subject to CLAUSES 2.3 and Clause 4.3(D), and until termination pursuant to CLAUSE Clause 21, the Mortgages Trustee, the Seller and Funding 1 (according to their respective estates and interests) each hereby appoints the Servicer as its lawful agent on their respective behalfs to administer the Loans and their Related Security, to provide certain other administration and management services and behalves to exercise their respective rights, powers and discretions, and to perform their respective duties, under and in relation to the Loans and their Related Security. The Servicer in each case hereby accepts such appointment on the terms and subject to the conditions of this Agreement. The Security Trustee consents to the appointment of the Servicer on the terms of and subject to the conditions of this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (Holmes Financing No 6 PLC)

Appointment of Servicer. 2.1 Subject to CLAUSES 2.3 and 4.3(D), and until termination pursuant to CLAUSE 21, the Mortgages Trustee, the Seller and Funding 1 (according to their respective estates and interests) each hereby appoints the Servicer as its lawful agent on their respective behalfs behalves to administer the Loans and their Related SecurityLoans, to provide certain other administration and management services and to exercise their respective rights, powers and discretions, and to perform their respective duties, under and in relation to the Loans and their Related Security. The Servicer in each case hereby accepts such appointment on the terms and subject to the conditions of this Agreement. The Security Trustee consents to the appointment of the Servicer on the terms of and subject to the conditions of this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (Permanent Mortgages Trustee LTD)

Appointment of Servicer. 2.1 Subject to CLAUSES 2.3 and 4.3(D4.3(d), and until termination pursuant to CLAUSE 21, the Mortgages Trustee, the Seller and Funding 1 (according to their respective estates and interests) each hereby appoints the Servicer as its lawful agent on their respective behalfs to administer the Loans and their Related Security, to provide certain other administration and management services and to exercise their respective rights, powers and discretions, and to perform their respective duties, under and in relation to the Loans and their Related Security. The Servicer in each case hereby accepts such appointment on the terms and subject to the conditions of this Agreement. The Security Trustee consents to the appointment of the Servicer on the terms of and subject to the conditions of this Agreement.

Appears in 1 contract

Samples: Servicing Agreement (Permanent Financing (No. 5) PLC)

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