Notice of Servicer Event of Default. immediately upon the Originator becoming aware of the existence of any condition or event which constitutes a Servicer Event of Default, a written notice (with a copy to each Rating Agency) describing its nature and period of existence and what action the Originator is taking or proposes to take with respect thereto;
Appears in 2 contracts
Samples: Assignment and Servicing Agreement (Ikon Receivables Funding LLC), Assignment and Servicing Agreement (Ikon Receivables Funding LLC)
Notice of Servicer Event of Default. immediately upon the Originator ----------------------------------- becoming aware of the existence of any condition or event which constitutes a Servicer Event of Default, a written notice (with a copy to each Rating Agency) describing its nature and period of existence and what action the Originator is taking or proposes to take with respect thereto;
Appears in 1 contract
Samples: Assignment and Servicing Agreement (Ikon Receivables LLC)
Notice of Servicer Event of Default. immediately upon the Originator becoming aware of the existence of any condition or event which constitutes a Servicer Event of Default, a written notice (with a copy to each Rating Agency) describing its nature and period of existence and what action the Originator is taking or proposes to take with respect thereto;
Appears in 1 contract
Samples: Sales and Servicing Agreement (Copelco Capital Funding Corp Xi)
