Common use of Effects of Termination of Servicer Clause in Contracts

Effects of Termination of Servicer. (a) Upon the appointment of the successor Servicer, the predecessor Servicer shall remit any Scheduled Payments, Overdue Payments and any other payments or proceeds that it may receive pursuant to any Lease Contract or otherwise to the successor Servicer after such date of appointment.

Effects of Termination of Servicer. (a) Upon the appointment of the a successor Servicer, the predecessor Servicer shall remit any Scheduled Payments, Overdue Payments and any other payments or proceeds that it such predecessor may receive pursuant to any Lease Contract or otherwise to the such successor Servicer after such date of appointment.

Effects of Termination of Servicer. (a) Upon the appointment of the successor Servicer, the predecessor Servicer shall remit to the successor Servicer any Scheduled Payments, Overdue Payments and any other payments payments, proceeds or proceeds other amounts that it may receive pursuant to any Lease Contract or otherwise to the successor Servicer after such date of appointment.

Effects of Termination of Servicer. (a) Upon the appointment of the successor Servicer, the predecessor Servicer shall immediately remit any Scheduled Payments, Overdue Payments and any Final Scheduled Payments, Liquidation Proceeds or other payments or proceeds that it may receive pursuant to any Lease Contract or otherwise to the successor Servicer for the benefit of the Indenture Trustee on behalf of the Noteholders after such date of appointment.

Effects of Termination of Servicer. (a) Upon the appointment of the successor Servicer, the predecessor Servicer shall immediately remit any Scheduled Payments, Final Lease Payments, Residual Receipts, Defaulted Residual Receipts or Overdue Payments and any other payments or proceeds that it may receive pursuant to any Lease Contract or otherwise to the successor Servicer for the benefit of the Trust after such date of appointment.

Effects of Termination of Servicer. (a) Upon the appointment of The predecessor Servicer shall remit or cause to be transmitted directly to the successor ServicerServicer in the same form in which received, any amounts held by such predecessor Servicer (properly endorsed where required for such successor to collect them) received as payments upon or otherwise in connection with the Trust Estate within one Business Day of receipt thereof. All payments received by the predecessor Servicer shall remit any Scheduled Payments, Overdue Payments and any other payments or proceeds that be held in trust by it may receive pursuant to any Lease Contract or otherwise until such remittance to the successor Servicer after such date of appointmentServicer.

Effects of Termination of Servicer. (a) Upon the appointment of the successor Servicer, the predecessor Servicer shall remit within 2 Business Days any Scheduled Payments, Overdue Payments and any other payments or proceeds that it may receive pursuant with respect to any the Lease Contract or otherwise Assets to the successor Servicer after such date of appointment.

Effects of Termination of Servicer. (a) Upon the appointment of the successor Servicer, the predecessor Servicer shall immediately remit any Scheduled Payments, Overdue Payments and any Final Scheduled Payments, Residual Receipts or other payments or proceeds that it may receive pursuant to any Lease Contract or otherwise to the successor Servicer for the benefit of the Issuer after such date of appointment.

Effects of Termination of Servicer. (a) Upon the appointment of the successor Servicer, the predecessor Servicer shall remit any Scheduled Payments, Advance Payments, Overdue Payments and any other payments or proceeds that it may receive pursuant to any Lease Contract or otherwise to the successor Servicer after such date of appointment.

Effects of Termination of Servicer. (a) Upon the appointment of the successor Successor Servicer, the predecessor Servicer shall immediately remit any Scheduled Payments, Overdue Payments and any Rents or other payments or proceeds that it may receive has received or receives pursuant to any Lease Contract or otherwise to the successor Successor Servicer for the benefit of the Holders and the Relevant Company after such date of appointment.

Effects of Termination of Servicer. (a) Upon the appointment of the successor Servicer, the predecessor Servicer shall remit any Scheduled Payments, Overdue Payments and any other payments or proceeds that it may receive pursuant to any Lease Contract or otherwise to the successor Servicer after such date of appointment.

Effects of Termination of Servicer. (a) Upon the appointment of the successor Successor Servicer, the predecessor Servicer shall immediately remit any Scheduled Payments, Overdue Payments and any Rents or other payments or proceeds that it may receive has received or receives pursuant to any Lease Contract or otherwise to the successor Successor Servicer for the benefit of the Agent and the Company after such date of appointment.