Common use of Duties and Responsibilities of the Servicer Clause in Contracts

Duties and Responsibilities of the Servicer. Subject to the provisions of this Agreement, the Servicer shall conduct the servicing, administration and collection of the Loans and shall take, or cause to be taken, all actions that (a) may be necessary or advisable to service, administer and collect the Loans from time to time, (b) the Servicer would take if the Loans were owned by the Servicer, and (c) are consistent with the Credit and Collection Policies. The Servicer shall also perform on behalf of the Issuer all of the Issuer’s obligations under the Servicing Agreement Indenture other than any obligations to pay money and any obligations to be performed by the Administrator under the Administration Agreement.

Appears in 3 contracts

Samples: Servicing Agreement (Cef Equipment Holding LLC), Servicing Agreement (Cef Equipment Holding LLC), Servicing Agreement (Cef Equipment Holding LLC)

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Duties and Responsibilities of the Servicer. Subject to the provisions of this Agreement, the Servicer shall conduct the servicing, administration and collection of the Loans and shall take, or cause to be taken, all actions that (a) may be necessary or advisable to service, administer and collect the Loans from time to time, (b) the Servicer would take if the Loans were Servicing Agreement owned by the Servicer, and (c) are consistent with the Credit and Collection Policies. The Servicer shall also perform on behalf of of, and as directed by, the Issuer all of the Issuer’s obligations under the Servicing Agreement Indenture other than any obligations to pay money and any obligations to be performed by the Administrator under the Administration Agreement.

Appears in 2 contracts

Samples: Form of Servicing Agreement (Cef Equipment Holding LLC), Servicing Agreement (Cef Equipment Holding LLC)

Duties and Responsibilities of the Servicer. Subject to the provisions of this Agreement, the Servicer shall conduct the servicing, administration and collection of the Loans and shall take, or cause to be taken, all actions that (a) may be necessary or advisable to service, administer and collect the Loans from time to time, (b) the Servicer would take if the Loans were owned by the Servicer, and (c) are consistent with the Credit and Collection Policies. The Servicer shall also perform on behalf of of, and as directed by, the Issuer all of the Issuer’s obligations under the Servicing Agreement Indenture other than any obligations to pay money and any obligations to be performed by the Administrator under the Administration Agreement.

Appears in 2 contracts

Samples: Servicing Agreement (GE Equipment Transportation LLC, Series 2012-1), Servicing Agreement (GE Equipment Transportation LLC, Series 2012-1)

Duties and Responsibilities of the Servicer. Subject to the provisions of this Agreement, the Servicer shall conduct the servicing, administration and collection of the Loans and shall take, or cause to be taken, all actions that (a) may be necessary or advisable to service, administer and collect the Loans from time to time, (b) the Servicer would take if the Loans were Servicing Agreement owned by the Servicer, and (c) are consistent with the Credit and Collection Policies. The Servicer shall also perform on behalf of the Issuer all of the Issuer’s 's obligations under the Servicing Agreement Indenture other than any obligations to pay money and any obligations to be performed by the Administrator under the Administration Agreement.

Appears in 2 contracts

Samples: Servicing Agreement (GE Equipment Midticket LLC, Series 2006-1), Servicing Agreement (Cef Equipment Holding LLC)

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Duties and Responsibilities of the Servicer. Subject to the provisions of this Agreement, the Servicer shall conduct the servicing, administration and collection of the Loans and shall take, or cause to be taken, all actions that (a) may be necessary or advisable to service, administer and collect the Loans from time to time, (b) the Servicer would take if the Loans were owned by the Servicer, and (c) are consistent with the Credit and Collection Policies. The Servicer shall also perform on behalf of the Issuer all of the Issuer’s 's obligations under the Servicing Agreement Indenture other than any obligations to pay money and any obligations to be performed by the Administrator under the Administration Agreement.

Appears in 2 contracts

Samples: Servicing Agreement (Cef Equipment Holding Ge Commerical Equip Fin Series 2004-1), Servicing Agreement (Cef Equipment Holding LLC)

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