Common use of Servicer Default Clause in Contracts

Servicer Default. Servicer Default" means the occurrence of any of the following:

Appears in 31 contracts

Sources: Pooling and Servicing Agreement (NCT Funding Co LLC), Pooling and Servicing Agreement (NCT Funding Co LLC), Pooling and Servicing Agreement (Goldman Sachs Asset Backed Securities Corp)

Servicer Default. β€œServicer Default" ” means the occurrence of any of the following:

Appears in 8 contracts

Sources: Sale and Servicing Agreement (Golub Capital BDC LLC), Pooling and Servicing Agreement (Cit Equipment Collateral 2006-Vt2), Pooling and Servicing Agreement (Cit Funding Co, LLC)