Common use of Duties of the Servicer Clause in Contracts

Duties of the Servicer. (a) The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy of each respective Originator.

Appears in 8 contracts

Samples: Receivables Purchase Agreement (Pool Corp), Receivables Purchase Agreement (Pool Corp), Receivables Purchase Agreement (Commercial Metals Co)

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Duties of the Servicer. (a) The Servicer shall take or cause to be taken all such actions as may be it deems necessary or advisable to collect each Receivable Pledged Contract from time to time, all in accordance accordance, in all material respects, with applicable laws, rules rules, regulations and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy Policy. Each of each the Borrower, the Lender and the Lender hereby appoints as its agent the Servicer, from time to time designated pursuant to Section 6.01, to enforce its respective Originatorrights and interests in and under the Pledged Contracts and the other Collateral.

Appears in 5 contracts

Samples: Loan and Servicing Agreement (DT Acceptance Corp), Loan and Servicing Agreement (DT Credit Company, LLC), Loan and Servicing Agreement (Drivetime Automotive Group Inc)

Duties of the Servicer. (a) The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy of Seller and each respective Originator, as applicable.

Appears in 4 contracts

Samples: Credit and Security Agreement (Martin Marietta Materials Inc), Credit and Security Agreement (Martin Marietta Materials Inc), Credit and Security Agreement (Martin Marietta Materials Inc)

Duties of the Servicer. (a) The Servicer shall take or cause to be taken all such actions as may be it deems necessary or advisable to collect each Receivable Pledged Contract from time to time, all in accordance accordance, in all material respects, with applicable laws, rules rules, regulations and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy Policy. Each of the Borrower, each respective Originator.Lender, each Liquidity Provider, each Managing Agent and the Program Agent hereby appoints as its agent the Servicer, from time to time designated pursuant to Section

Appears in 3 contracts

Samples: Loan and Servicing Agreement (DT Credit Company, LLC), Loan and Servicing Agreement (DT Acceptance Corp), Loan and Servicing Agreement (DT Credit Company, LLC)

Duties of the Servicer. (a) The Servicer shall take or cause to be taken all such actions action as may be necessary or advisable (i) to service, administer and collect each Pool Receivable from time to time, all in accordance with applicable laws, rules this Agreement and regulationsall Applicable Laws, with reasonable care and diligence, and in accordance with the Credit and Collection Policy and consistent with the past practices of each respective Originator.the Originators and (ii) to comply with its obligations under Section 8.03

Appears in 3 contracts

Samples: Receivables Financing Agreement (DCP Midstream, LP), Receivables Financing Agreement (DCP Midstream, LP), Receivables Financing Agreement (DCP Midstream, LP)

Duties of the Servicer. (a) The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the applicable Credit and Collection Policy of each respective OriginatorPolicy.

Appears in 2 contracts

Samples: Credit Agreement (Anixter International Inc), Credit Agreement (Anixter International Inc)

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Duties of the Servicer. (a) The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy of each respective OriginatorPolicy.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Kapstone Paper & Packaging Corp)

Duties of the Servicer. (a) a. The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy of each respective Originator.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Pool Corp)

Duties of the Servicer. (a) (COLLECTION OF RECEIVABLES) The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Purchased Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and time in accordance with the Credit and Collection Policy Policy, applicable laws, rules and regulations and otherwise, with reasonable care and diligence exercising the same standard of each respective Originatorcare that a prudent company carrying on a similar business as the Servicer would adopt.

Appears in 1 contract

Samples: Agreement (Ingram Micro Inc)

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