Servicer Events of Default. The following events and conditions shall constitute Servicer Events of Default hereunder:
Servicer Events of Default. With respect to the Servicer, individually, if any one of the following events (“Servicer Event of Default”) shall occur and be continuing:
Servicer Events of Default. 123 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 7.03. Notification to Certificateholders............................................................128 7.04. Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII
Servicer Events of Default. SECTION 7.02 Trust Administrator or Trustee to Act; Appointment of Successor.
Servicer Events of Default. (a) Notwithstanding Section 8.03 of the Basic Servicing Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 201[__]-[__] Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section 8.03(a) of the Basic Servicing Agreement shall not apply to the 201[__]-[__] Exchange Note or to this 201[__]-[__] Servicing Supplement:
Servicer Events of Default. Section 6.02.
Servicer Events of Default. 34 8.02 Termination.............................................. 36 8.03 Trustee to Act; Appointment of Successor................. 37 8.04 Servicer to Cooperate.................................... 38 8.05 Notification to Noteholders.............................. 38 8.06 Remedies Not Exclusive................................... 38
Servicer Events of Default. If a Servicer Event of Default has occurred and is continuing, the Trustee shall, upon the written request of the Insurer (so long as no Insurer Default has occurred and is continuing ) or the holders of 66-2/3% of the then Outstanding Principal Amount of the Notes (if an Insurer Default has occurred and is continuing), give notice in writing to the Servicer of the termination of all of the rights and obligations of the Servicer under the Assignment and Servicing Agreement (but none of IOS Capital's obligations pursuant to Section 5 of the Assignment and Servicing Agreement, which shall survive such termination). On and after the giving of such written notice, all rights and obligations of the Servicer under the Assignment and Servicing Agreement, including, without limitation, the Servicer's right thereunder to receive the Servicing Fee, but none of the Servicer obligations pursuant to Section 4 thereof, shall pass to, be vested in, and be assumed by the Trustee, and the Trustee shall be authorized to, and shall, execute and deliver, on behalf of the Servicer, as attorney-in-fact or otherwise, any and all documents and other instruments, and to do or accomplish all other acts or things necessary or appropriate to effect the purposes of such termination and of such passing, vesting, and assumption; provided that in performing the duties of the Servicer -------- under the Assignment and Servicing Agreement the Trustee shall at all times be deemed to be acting as the Trustee hereunder and shall be entitled to the full benefit of all the protections, benefits, immunities and indemnities provided in this Indenture for or with respect to the Trustee, including without limitation those set forth in Article VIII hereof.
Servicer Events of Default. SECTION 8.02. Master Servicer to Act; Appointment of Successor.
Servicer Events of Default. 74 Section 9.02. Indenture Trustee to Act; Appointment of Successor.....................................76 Section 9.03.
