Common use of Appointment of the Servicer Clause in Contracts

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section. Until the Administrator gives notice to WESCO (in accordance with this Section 4.1) of the designation of a new Servicer, WESCO is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority Purchasers) or shall (at the direction of the Majority Purchasers) designate as Servicer any Person (including itself) to succeed WESCO or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 7 contracts

Samples: Receivables Purchase Agreement (Wesco International Inc), Receivables Purchase Agreement (Wesco International Inc), Receivables Purchase Agreement (Wesco International Inc)

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Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section. Until the Administrator gives notice to WESCO Arch Sales (in accordance with this Section 4.1Section) of the designation of a new Servicer, WESCO Arch Sales is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority PurchasersPurchaser Agents) or and shall (at the direction of the Majority PurchasersPurchaser Agents) designate as Servicer any Person (including itself) to succeed WESCO Arch Sales or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 5 contracts

Samples: Receivables Purchase Agreement (Arch Coal Inc), Receivables Purchase Agreement (Arch Coal Inc), Receivables Purchase Agreement (Arch Coal Inc)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section. Until the Administrator gives notice to WESCO (in accordance with this Section 4.1) Xxxxx Corning Sales of the designation of a new ServicerServicer during the continuation of a Servicer Default, WESCO Xxxxx Corning Sales is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon During the occurrence continuation of a Termination EventServicer Default, the Administrator may (with the consent of the Majority PurchasersPurchaser Agents) or and shall (at the direction of the Majority PurchasersPurchaser Agents) designate as Servicer any Person (including itself) to succeed WESCO Xxxxx Corning Sales or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 5 contracts

Samples: Receivables Purchase Agreement (Owens Corning), Receivables Purchase Agreement (Owens Corning), Receivables Purchase Agreement (Owens Corning)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this SectionSection 4.1. Until the Administrator gives notice to WESCO Xxxxx (in accordance with this Section 4.1) of the designation of a new Servicer, WESCO Xxxxx is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority PurchasersPurchaser Agents) or shall (at the direction of the Majority PurchasersPurchaser Agents) terminate Xxxxx as Servicer and designate as Servicer any Person (including itself) to succeed WESCO Xxxxx or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Kelly Services Inc), Receivables Purchase Agreement (Kelly Services Inc), Receivables Purchase Agreement (Kelly Services Inc)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this SectionSection 4.1. Until the Administrator gives notice to WESCO Triumph (in accordance with this Section 4.1) of the designation of a new Servicer, WESCO Triumph is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority PurchasersPurchaser Agents) or shall (at the direction of the Majority PurchasersPurchaser Agents) designate as Servicer any Person (including itself) to succeed WESCO Triumph or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Triumph Group Inc /), Receivables Purchase Agreement (Triumph Group Inc), Receivables Purchase Agreement (Triumph Group Inc)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this SectionSection 4.1. Until the Administrator gives notice to WESCO Cxxxxx Tire (in accordance with this Section 4.1) of the designation of a new Servicer, WESCO Cxxxxx Tire is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority PurchasersPurchaser Agents) or shall (at the direction of the Majority PurchasersPurchaser Agents) designate as Servicer any Person (including itself) to succeed WESCO Cxxxxx Tire or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Cooper Tire & Rubber Co), Receivables Purchase Agreement (Cooper Tire & Rubber Co), Receivables Purchase Agreement (Cooper Tire & Rubber Co)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this SectionSection 4.1. Until the Administrator gives notice to WESCO VWR (in accordance with this Section 4.1) of the designation of a new Servicer, WESCO VWR is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority PurchasersPurchaser Agents) or shall (at the direction of the Majority PurchasersPurchaser Agents) terminate VWR as Servicer and designate as Servicer any Person (including itself) to succeed WESCO VWR or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Avantor, Inc.), Receivables Purchase Agreement (VWR Funding, Inc.), Receivables Purchase Agreement (Avantor, Inc.)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this SectionSection 4.1. Until the Administrator gives notice to WESCO Targa (in accordance with this Section 4.1) of the designation of a new Servicer, WESCO Targa is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority PurchasersPurchaser Agents) or shall (at the direction of the Majority PurchasersPurchaser Agents) terminate Targa as Servicer and designate as Servicer any Person (including itself) to succeed WESCO Targa or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Targa Resources Partners LP), Receivables Purchase Agreement (Targa Resources Partners LP), Receivables Purchase Agreement (Targa Resources Corp.)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this SectionSection 9.01. Until the Administrator Administrative Agent gives notice to WESCO Sponsor (in accordance with this Section 4.19.01) of the designation of a new Servicer, WESCO Sponsor is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Eventan Event of Default, the Administrator Administrative Agent may (with the consent of the Majority PurchasersGroup Agents) or and shall (at the direction of the Majority PurchasersGroup Agents) designate as Servicer any Person (including itself) to succeed WESCO Sponsor or any successor Servicer, on the condition in each case that any such Person so designated shall agree in writing to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 3 contracts

Samples: Receivables Financing Agreement (Concentrix Corp), Receivables Financing Agreement (Concentrix Corp), Receivables Financing Agreement (Concentrix Corp)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this SectionSection 8.01. Until the Administrator Administrative Agent gives notice to WESCO Centric (in accordance with this Section 4.18.01) of the designation of a new Servicer, WESCO Centric is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Eventan Event of Termination, the Administrator Administrative Agent may (with the consent of the Majority Purchasers) or and shall (at the direction of the Majority Purchasers) designate as Servicer any Person (including itself) to succeed WESCO Centric or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Centric Brands Inc.), Receivables Purchase Agreement (Centric Brands Inc.), Receivables Purchase Agreement (Centric Brands Inc.)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section. Until the Administrator gives notice to WESCO Worthington (in accordance with this Section 4.1) of the designation of a new Servicer, WESCO Worthington is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority Purchasers) or shall (at the direction of the Majority Purchasers) designate as Servicer any Person (including itself) to succeed WESCO Worthington or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Worthington Industries Inc), Receivables Purchase Agreement (Worthington Industries Inc)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this SectionSection 8.01. Until the Administrator Administrative Agent gives notice to WESCO Waystar (in accordance with this Section 4.18.01) of the designation of a new Servicer, WESCO Waystar is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Eventan Event of Default, the Administrator Administrative Agent may (with the consent of the Majority PurchasersLender) or and shall (at the direction of the Majority PurchasersLender) designate as Servicer any Person (including itself) to succeed WESCO Waystar or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 2 contracts

Samples: Receivables Financing Agreement (Waystar Holding Corp.), Receivables Financing Agreement (Waystar Holding Corp.)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section. Until the Administrator gives notice to WESCO York (in accordance with this Section 4.1) of the designation of a new Servicer, WESCO York is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority Purchasers) or shall (at the direction of the Majority Purchasers) designate as Servicer any Person (including itself) to succeed WESCO York or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (York International Corp /De/), Receivables Purchase Agreement (York International Corp /De/)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this SectionSection 4.1. Until the Administrator gives notice to WESCO CB (in accordance with this Section 4.1) of the designation of a new Servicer, WESCO CB is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination EventServicer Default, the Administrator may (with the consent of the Majority PurchasersPurchaser Agents) or shall (at the direction of the Majority PurchasersPurchaser Agents) designate as Servicer any Person (including itself) to succeed WESCO CB or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Cincinnati Bell Inc), Receivables Purchase Agreement (Cincinnati Bell Inc)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this SectionSection 4.1. Until the Administrator gives notice to WESCO FleetCor (in accordance with this Section 4.1) of the designation of a new Servicer, WESCO FleetCor is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority PurchasersPurchaser Agents) or shall (at the direction of the Majority PurchasersPurchaser Agents) designate as Servicer any Person (including itself) to succeed WESCO FleetCor or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fleetcor Technologies Inc)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section. Until the Administrator gives notice to WESCO Greetings (in accordance with this Section SECTION 4.1) of the designation of a new Servicer, WESCO Greetings is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority Purchasers) or shall (at the direction of the Majority Purchasers) designate as Servicer any Person (including itself) to succeed WESCO Greetings or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (American Greetings Corp)

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Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this SectionSection 8.01. Until the Administrator Administrative Agent gives notice to WESCO DFBG (in accordance with this Section 4.18.01) of the designation of a new Servicer, WESCO DFBG is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Eventan Event of Termination, the Administrator Administrative Agent may (with the consent of the Majority Purchasers) or and shall (at the direction of the Majority Purchasers) designate as Servicer any Person (including itself) to succeed WESCO DFBG or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Centric Brands Inc.)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section. Until the Administrator gives notice to WESCO Worthington (in accordance with this Section SECTION 4.1) of the designation of a new Servicer, WESCO Worthington is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority Purchasers) or shall (at the direction of the Majority Purchasers) designate as Servicer any Person (including itself) to succeed WESCO Worthington or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Worthington Industries Inc)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this SectionSection 9.01. Until the Administrator Administrative Agent gives notice to WESCO Volt (in accordance with this Section 4.19.01) of the designation of a new Servicer, WESCO Volt is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Eventan Event of Default, the Administrator Administrative Agent may (with the consent of the Majority PurchasersLenders) or and shall (at the direction of the Majority PurchasersLenders) designate as Servicer any Person (including itself) to succeed WESCO Volt or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Financing Agreement (Volt Information Sciences, Inc.)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section. Until the Administrator gives notice to WESCO Patriot (in accordance with this Section 4.1) of the designation of a new Servicer, WESCO Patriot is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority PurchasersPurchaser Agents) or shall (at the direction of the Majority PurchasersPurchaser Agents) designate as Servicer any Person (including itself) to succeed WESCO Patriot or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Patriot Coal CORP)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section. Until the Administrator gives notice to WESCO (Meritor in accordance with this Section 4.1) of the designation of a new Servicer, WESCO Meritor is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Termination Event, the Administrator may (with the consent of the Majority PurchasersPurchaser Agents) or and shall (at the direction of the Majority PurchasersPurchaser Agents) designate as Servicer any Person (including itself) to succeed WESCO Meritor or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Meritor Inc)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section. Until the Administrator gives notice to WESCO BPI (in accordance with this Section 4.1Section) of the designation of a new Servicer, WESCO BPI is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority Purchasers) Purchasers or shall (at the direction of the Majority Purchasers) designate as Servicer any Person (including itself) to succeed WESCO BPI or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Bearingpoint Inc)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this SectionSection 4.1. Until the Administrator gives notice to WESCO Presidio (in accordance with this Section 4.1) of the designation of a new Servicer, WESCO Presidio is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuance of a Termination EventServicer Default, the Administrator may (with the consent of the Majority PurchasersPurchaser Agents) or shall (at the direction of the Majority PurchasersPurchaser Agents) designate as Servicer any Person (including itself) to succeed WESCO Presidio or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Presidio, Inc.)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section. Until the Administrator Administrative Agent gives notice to WESCO Axxxxxxxx (in accordance with this Section 4.1) of the designation of a new Servicer, WESCO Axxxxxxxx is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Termination Event, the Administrator Administrative Agent may (with the consent of the Majority Purchasers) or shall (at the direction of the Majority Purchasers) designate as Servicer any Person (including itself) to succeed WESCO Axxxxxxxx or any successor Servicer, on the condition in each case that any such Person so designated shall agree have agreed in writing to perform the duties and obligations of the Servicer pursuant to the terms hereofhereof and under the terms of the Intercreditor Agreement.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Armstrong World Industries Inc)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section. Until the Administrator gives notice to WESCO Greetings (in accordance with this Section 4.1) of the designation of a new Servicer, WESCO Greetings is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence of a Termination Event, the Administrator may (with the consent of the Majority PurchasersPurchaser Agents) or shall (at the direction of the Majority PurchasersPurchaser Agents) designate as Servicer any Person (including itself) to succeed WESCO Greetings or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (American Greetings Corp)

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