Common use of Engagement of Successor Asset Representations Reviewer Clause in Contracts

Engagement of Successor Asset Representations Reviewer. Following the notice of resignation or removal of the Asset Representations Reviewer, the Sponsor will use commercially reasonable efforts to engage a successor asset representations reviewer who meets the eligibility requirements of Section 5.1, within ninety (90) calendar days of such notice. If no successor asset representations reviewer has been appointed by the ninetieth (90th) day after notice of resignation or removal of the Asset Representations Reviewer, the Asset Representations Reviewer shall be entitled to petition a court of competent jurisdiction for the appointment of a successor asset representations reviewer that meets the eligibility requirements of Section 5.1 and has relevant experience as an asset representations reviewer.

Appears in 3 contracts

Samples: Asset Representations Review Agreement (Chase Bank Usa, National Association), Asset Representations Review Agreement (Chase Bank Usa, National Association), Asset Representations Review Agreement (Chase Issuance Trust)

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Engagement of Successor Asset Representations Reviewer. Following the notice of resignation or removal of the Asset Representations Reviewer, the Sponsor Servicer, on behalf of Issuer, will use commercially reasonable efforts to engage a successor asset representations reviewer Asset Representations Reviewer who meets the eligibility requirements of Section 5.1, 5.01 within ninety (90) 90 calendar days of such noticeresignation or removal. If no successor asset representations reviewer has been appointed by the ninetieth (90th) day after notice of resignation or removal of the Asset Representations Reviewer, the Asset Representations Reviewer shall be entitled to petition a court of competent jurisdiction for the appointment of a successor asset representations reviewer that meets the eligibility requirements of Section 5.1 and has relevant experience as an asset representations reviewer5.01.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (First National Funding LLC), Asset Representations Review Agreement (First National Funding LLC)

Engagement of Successor Asset Representations Reviewer. Following the receipt of notice of the resignation or removal of the Asset Representations Reviewer, the Sponsor Servicer will use commercially reasonable efforts to engage a successor asset representations reviewer Asset Representations Reviewer who meets the eligibility requirements of Section 5.1, 5.01 within ninety (90) calendar days of such noticeresignation or removal. If no successor asset representations reviewer has been appointed by the ninetieth (90th) day after notice of resignation or removal of the Asset Representations Reviewer, the Asset Representations Reviewer shall be entitled to petition a court of competent jurisdiction for the appointment of a successor asset representations reviewer that meets the eligibility requirements criteria of Section 5.1 and has relevant experience as an asset representations reviewer5.01.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust), Pooling and Servicing Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust)

Engagement of Successor Asset Representations Reviewer. Following the notice of resignation or removal of the Asset Representations Reviewer, the Sponsor Issuer and the Seller will use commercially reasonable efforts to engage a successor asset representations reviewer Asset Representations Reviewer who meets the eligibility requirements of Section 5.1, 5.1 within ninety (90) calendar days of such noticeresignation or removal. If no successor asset representations reviewer has been appointed by the ninetieth (90th) day after notice of resignation or removal of the Asset Representations Reviewer, the Asset Representations Reviewer shall be entitled to petition a court of competent jurisdiction for the appointment of a successor asset representations reviewer that meets the eligibility requirements of Section 5.1 and has relevant experience as an asset representations reviewer5.1.

Appears in 1 contract

Samples: Asset Representations Review Agreement (World Financial Network Credit Card Master Note Trust)

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Engagement of Successor Asset Representations Reviewer. Following the notice of resignation or removal of the Asset Representations Reviewer, the Sponsor [Issuer] will use commercially reasonable efforts to engage a successor asset representations reviewer Asset Representations Reviewer who meets the eligibility requirements of Section 5.1, 5.1 within ninety (90) calendar days of such noticeresignation or removal. If no successor asset representations reviewer has been appointed by the ninetieth (90th) day after notice of resignation or removal of the Asset Representations Reviewer, the Asset Representations Reviewer shall be entitled to petition a court of competent jurisdiction for the appointment of a successor asset representations reviewer that meets the eligibility requirements of Section 5.1 and has relevant experience as an asset representations reviewer.

Appears in 1 contract

Samples: Indemnification Agreement (World Financial Network Credit Card Master Trust)

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