Common use of Sub-Servicer Clause in Contracts

Sub-Servicer. With the prior written consent of the Surety Provider, the Servicer may appoint any of its Affiliates as sub-servicer with respect to all or part of the Collateral, provided that the Servicer shall remain responsible for the performance of the Servicer's duties hereunder and that such sub-servicing arrangement may, with the prior written consent of the Surety Provider, be terminated upon the occurrence of an Event of Default. The Standby Servicer may sub-contract its duties hereunder in its role as Standby Servicer or if the Standby Servicer becomes successor Servicer.

Sub-Servicer. With the prior written consent of the Surety ProviderLender, the Servicer may appoint any of its Affiliates as sub-servicer with respect to all or part of the Collateral, provided that the Servicer shall remain responsible for the performance of the Servicer's duties hereunder and that such sub-servicing arrangement may, with the prior written consent of the Surety Provider, be terminated upon following the occurrence of an Event of Default, such sub-servicing agreement shall, if the Lender so requests, be terminated. The Standby Backup Servicer may sub-contract its duties hereunder in its role as Standby Backup Servicer or if the Standby Backup Servicer becomes successor Servicer.