Common use of Sub-Servicers Clause in Contracts

Sub-Servicers. The Servicer may, without the Owner Trustee's or the Indenture Trustee's consent, maintain or enter into one or more agreements with Sub-Servicers for the servicing and administration of the Contracts by such Sub-Servicers. Notwithstanding the terms or existence of any such agreement between the Servicer and a Sub-Servicer, the Servicer shall not be relieved of any of its obligations under this Agreement by reason of such agreement and shall be obligated to the same extent and under the same terms and conditions as if the Servicer alone was servicing and administering the Contracts, and neither the Owner Trustee nor the Indenture Trustee shall have any obligation to deal with anyone other than the Servicer with respect to the servicing of the Contracts.

Appears in 3 contracts

Samples: Transfer and Servicing Agreement (Capita Equipment Receivables Trust 1996-1), Transfer and Servicing Agreement (Antigua Funding Corp), Transfer and Servicing Agreement (Antigua Funding Corp)

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Sub-Servicers. The Servicer may, without the Owner TrusteeIssuer's or the Indenture Trustee's consent, maintain or enter into one or more agreements with Sub-Servicers for the servicing and administration of the Contracts Leases by such Sub-Sub- Servicers. Notwithstanding the terms or existence of any such agreement between the Servicer and a Sub-Servicer, the Servicer shall not be relieved of any of its obligations under this Agreement by reason of such agreement and shall be obligated to the same extent and under the same terms and conditions as if the Servicer alone was servicing and administering the ContractsLeases, and neither the Owner Trustee Issuer nor the Indenture Trustee shall have any obligation to deal with anyone other than the Servicer with respect to the servicing of the ContractsLeases.

Appears in 3 contracts

Samples: Contribution and Servicing Agreement (Green Tree Lease Finance 1997-1 LLC), Contribution and Servicing Agreement (Green Tree Lease Finance Ii Inc), Contribution and Servicing Agreement (Green Tree Lease Finance 1998-1 LLC)

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Sub-Servicers. The Servicer may, without the Owner TrusteeIssuer's or the Indenture Trustee's consent, maintain or enter into one or more agreements with Sub-Servicers for the servicing and administration of the Contracts Leases by such Sub-Servicers. Notwithstanding the terms or existence of any such agreement between the Servicer and a Sub-Servicer, the Servicer shall not be relieved of any of its obligations under this Agreement by reason of such agreement and shall be obligated to the same extent and under the same terms and conditions as if the Servicer alone was servicing and administering the ContractsLeases, and neither the Owner Trustee Issuer nor the Indenture Trustee shall have any obligation to deal with anyone other than the Servicer with respect to the servicing of the ContractsLeases.

Appears in 2 contracts

Samples: Contribution and Servicing Agreement (Conseco Finance Lease 2000-1 LLC), Contribution and Servicing Agreement (Green Tree Lease Finance 1998-1 LLC)

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