Common use of Appointment of Successor Servicer Clause in Contracts

Appointment of Successor Servicer. If the Trustee has given notice of termination to the Servicer of the Servicer’s rights and powers pursuant to Section 2.01 of the Servicing Agreement, as promptly as possible thereafter, the Trustee shall appoint a successor servicer in accordance with Section 2.01 of the Servicing Agreement.

Appears in 14 contracts

Samples: Intercreditor Agreement (Oportun Financial Corp), Intercreditor Agreement (Oportun Financial Corp), Intercreditor Agreement (Oportun Financial Corp)

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Appointment of Successor Servicer. If the Trustee has given notice of termination to the Servicer of the Servicer’s rights and powers pursuant to Section 2.01 of the Servicing Agreement, as promptly as possible thereafter, the Trustee Trustee, with the consent of the Required Noteholders of each Series, shall appoint a successor servicer in accordance with Section 2.01 of the Servicing Agreement.

Appears in 4 contracts

Samples: Letter Agreement (Oportun Financial Corp), Letter Agreement (Oportun Financial Corp), Oportun Financial Corp

Appointment of Successor Servicer. If (a) When the Trustee has given Servicer receives a notice of termination to the Servicer of the Servicer’s rights and powers pursuant to Section 2.01 7.1 or the Trustee receives the resignation of the Servicing Agreement, as promptly as possible thereafterServicer evidenced by an Opinion of Counsel pursuant to Section 6.4, the Trustee shall appoint a become the successor servicer in accordance with Section 2.01 of all respects to the Servicing Agreement.Servicer in its capacity

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2001-4), Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2001-1)

Appointment of Successor Servicer. If the Indenture Trustee has given notice of termination to the Servicer of the Servicer’s rights and powers pursuant to Section 2.01 5.1 of the Servicing Agreement, as promptly as possible thereafter, the Indenture Trustee shall (at the direction of the Required Noteholders) appoint a successor servicer in accordance with Section 2.01 6.2 of the Servicing Agreement.

Appears in 1 contract

Samples: Oportun Financial Corp

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Appointment of Successor Servicer. If the Trustee has given notice of termination to the Servicer of the Servicer’s 's rights and powers pursuant to Section 2.01 of the Servicing Agreement, as promptly as possible thereafter, the Trustee shall appoint a successor servicer in accordance with Section 2.01 of the Servicing Agreement.

Appears in 1 contract

Samples: Indenture (Conns Inc)

Appointment of Successor Servicer. If the Trustee has given notice of termination to the Servicer of the Servicer’s rights and powers pursuant to Section 2.01 of the Servicing Agreement, as promptly as possible thereafter, [Base Indenture (OF XIV)] the Trustee shall appoint a successor servicer in accordance with Section 2.01 of the Servicing Agreement.

Appears in 1 contract

Samples: Oportun Financial Corp

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