Collection of Payments Accounts Sample Clauses

Collection of Payments Accounts. 9593 Section 6.5. Realization Upon Defaulted or Delinquent Loans. 9795
Collection of Payments Accounts. 111116 Section 6.05 Realization Upon Loan Assets. 113119
Collection of Payments Accounts. 106112 Section 8.05 Realization Upon Portfolio Assets 106113 Section 8.06 Servicing Compensation 107114 -ii- USActive 58800445.158806140.10 SK 28388 0001 10656366 v3
Collection of Payments Accounts. AmericasActive:18709990.5
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Collection of Payments Accounts. 112 Section 6.5
Collection of Payments Accounts. (a) Collection Efforts, Modification of Collateral Portfolio. The Servicer will use its commercially reasonable efforts and judgment to collect or cause to be collected, all payments called for under the terms and provisions of the Loan Assets included in the Collateral Portfolio as and when the same become due, all in accordance with the Servicing Standard. The Servicer may not waive, modify or otherwise vary any provision of an item of Collateral Portfolio in any manner contrary to the Servicing Standard; provided that, on and after the occurrence of an Event of Default, the prior written consent of the Administrative Agent shall be required for any waiver, modification or variance that would impair the collectability of the Collateral Portfolio. In addition, neither the Borrower nor the Servicer shall, without the prior written consent of the Administrative Agent, agree to waive, modify or otherwise vary any provision of a Loan Asset in the Collateral Portfolio if such waiver, modification or variation would increase the Borrower’s commitment or outstanding loans thereunder or extend the maturity of any outstanding or committed loans of the Borrower thereunder so as to constitute a Material Modification pursuant to clause (b) of the definition of “Material Modification”.
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