Backup Servicing Agreement. The Issuer, the Indenture Trustee, the Servicer, the Depositor and the Backup Servicer hereby agree to execute the Backup Servicing Agreement. The Backup Servicer shall be responsible for each of the duties and obligations imposed upon it by the provisions of the Backup Servicing Agreement and shall have no duties or obligations under any Transaction Document to which it is not a party.
Backup Servicing Agreement. The Backup Servicer hereby remakes the representations and warranties made by it under the Backup Servicing Agreement.
Backup Servicing Agreement. The Servicer shall provide the Backup Servicer with all information, data and reports as required by the terms of the Backup Servicing Agreement.
Backup Servicing Agreement. Borrower shall keep the Backup Servicing Agreement (or a substitute Backup Servicing Agreement with a lockbox agent acceptable to Agent) in full force and effect and shall perform its obligations thereunder, all in accordance with the terms and conditions set forth in the Backup Servicing Agreement.
Backup Servicing Agreement. The Backup Servicing Agreement or any provision thereof shall cease to be in full force or effect; or
Backup Servicing Agreement. If this Agreement is amended to increase the Commitments and join additional Lenders other than Cadence to this Agreement, then, upon the Agent’s request, Borrower shall, within thirty (30) days after the date of such amendment, enter into a backup servicing agreement with a Backup Servicer in form and substance satisfactory to Agent.
Backup Servicing Agreement. The Backup Servicing Agreement shall terminate for any reason and, provided that the Company shall have used commercially reasonable efforts to timely engage a replacement Backup Servicer following such termination, within sixty (60) days of such termination no replacement agreement with an alternative backup servicer shall be effective;
Backup Servicing Agreement. The Backup Servicing Agreement, dated as of August 24, 2009, among Xxxxx Fargo, the Servicer, the Deal Agent, the Collateral Agent and the Borrower, as the same may be amended, restated, supplemented or otherwise modified from time to time.
Backup Servicing Agreement. The Backup Servicing Agreement shall terminate for any reason and the Borrower shall not have entered into a replacement backup servicing agreement acceptable to the Administrative Agent in its reasonable discretion within sixty (60) days of such termination; or
Backup Servicing Agreement. If at any time the Available Rating of the Performance Guarantor is reduced to less than BBB-, the Seller shall, within 120 days of the occurrence of such reduction, enter into a Backup Servicing Agreement with the Purchaser and the Backup Servicer; provided that if at any time thereafter the Available Rating of the Performance Guarantor is (and has been for at least 30 days no longer less than BBB-, the Seller may terminate such Backup Servicing Agreement on notice to the Purchaser, subject to this section applying again thereafter if at any time thereafter the Available Rating of the Performance Guarantor is reduced to less than BBB-.
