Servicer Termination Event Sample Clauses

Servicer Termination Event. For purposes of this Agreement, each of the following shall constitute a “Servicer Termination Event”:
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Servicer Termination Event. If the Issuer has knowledge of a Servicer Termination Event, the Issuer will notify the Indenture Trustee and the Rating Agencies of the event and any action the Issuer is taking to correct the situation. If a Servicer Termination Event results from the failure of the Servicer to perform its obligations under the Sale and Servicing Agreement, the Issuer will take reasonable steps available to cause the Servicer to correct the failure.
Servicer Termination Event. No event has occurred which constitutes a Servicer Termination Event (other than any Servicer Termination Event which has previously been disclosed to the Administrative Agent as such).
Servicer Termination Event. If any one of the following events (a "Servicer Termination Event") shall occur and be continuing:
Servicer Termination Event. A Servicer Termination Event occurs that has an Adverse Effect;
Servicer Termination Event. (a) “Servicer Termination Event”, wherever used herein, means, with respect to either Master Servicer or either Special Servicer, any one of the following events, circumstances and conditions:
Servicer Termination Event. 88 SECTION 10.2 Consequences of a Servicer Termination Event................................90 SECTION 10.3 Appointment of Successor....................................................91 SECTION 10.4 Notification to Securityholders.............................................92 SECTION 10.5 Waiver of Past Defaults.....................................................93 SECTION 10.6 Action Upon Certain Failures of the Servicer................................93 ARTICLE XI TERMINATION..............................................................................93 SECTION 11.1 Optional Purchase of All Receivables........................................93
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Servicer Termination Event. 53 Section 10.2 Consequences of a Servicer Termination Event..................54 Section 10.3
Servicer Termination Event. 63 SECTION 8.2. CONSEQUENCES OF A SERVICER TERMINATION EVENT..............................................65 SECTION 8.3.
Servicer Termination Event. 85 SECTION 10.2. Consequences of a Servicer Termination Event............................ 87 SECTION 10.3. Appointment of Successor..................... 88 SECTION 10.4. Notification to Noteholders and Certificateholders........................... 89 SECTION 10.5. Waiver of Past Defaults...................... 89 ARTICLE XI Termination
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