Eligible Servicer Sample Clauses

Eligible Servicer. Seller meets the eligibility requirements of a servicer and a subservicer under the terms of each Servicing Agreement and Underlying Document.
AutoNDA by SimpleDocs
Eligible Servicer. The Trustee hereby agrees that, in ----------------- the event that it appoints an Eligible Servicer as Successor Servicer pursuant to Section 10.02 of the Agreement, such Eligible Servicer shall have a long term debt rating of at least A by Standard & Poor's and A2 by Xxxxx'x; provided, -------- however, that if the Trustee has a long term debt rating of at least A by ------- Standard & Poor's and A2 by Xxxxx'x, such Eligible Servicer need have only a long term debt rating of BBB- by Standard & Poor's and Baa3 by Xxxxx'x.
Eligible Servicer. The Seller is now and has always been, an “eligible servicer” under the provisions of the FFELP program and has at times caused the Trust Student Loans and Financed Student Loans to be serviced by an “eligible servicer.”
Eligible Servicer. 49 SECTION 12.
Eligible Servicer. 18 Issuer.............................................22
Eligible Servicer. 4 ERISA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Eligible Servicer. Upon the effectiveness of the Merger, JPMCB shall satisfy the requirements of clauses (a), (b), (d) and (e) of the definition of Eligible Servicer.
AutoNDA by SimpleDocs
Eligible Servicer. Bank One is an Eligible Servicer.
Eligible Servicer. Option One or any other Person to which the Majority Noteholders may consent in writing.
Eligible Servicer. The Sellers and/or the Purchaser, as the case may be, shall have received all ratings, consents, approvals and other items (including any required Permits) to satisfy the criteria under the Servicing Agreements for the Purchaser to be an eligible Servicer thereunder; provided, however, that the Purchaser shall not be entitled to assert the condition set forth in this Section 7.01(f), and this condition shall be deemed to be waived by the Purchaser, if the Purchaser is in breach of its representations, warranties and covenants under this Agreement and the breach proximately causes or contributes to the failure of this condition.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!