Common use of Successor Administrator Clause in Contracts

Successor Administrator. In the event of a servicing transfer pursuant to Article VII of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder.

Appears in 9 contracts

Sources: Administration Agreement (First National Funding LLC), Administration Agreement (First National Funding LLC), Administration Agreement (First National Master Note Trust)

Successor Administrator. In the event of a servicing transfer pursuant to Article VII V of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation and thereafter its permitted successor and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21.

Appears in 2 contracts

Sources: Administration Agreement (Hrsi Funding Inc Ii), Administration Agreement (Household Consumer Loan Corp Ii)

Successor Administrator. In the event of a servicing transfer ----------------------- pursuant to Article VII V of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation and -------------- thereafter its permitted successor and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21.

Appears in 2 contracts

Sources: Underwriting Agreement (Household Credit Card Master Note Trust I), Administration Agreement (Household Credit Card Master Note Trust I)

Successor Administrator. In the event of a servicing transfer pursuant to Article VII Seven of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Nordstrom fsb and thereafter its permitted successor and assigns as provided in Section 1.13 or any successor Administrator as provided in this Section.

Appears in 2 contracts

Sources: Administration Agreement (Nordstrom Inc), Administration Agreement (Nordstrom Inc)

Successor Administrator. In the event of a servicing transfer ----------------------- pursuant to Article VII of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder.

Appears in 2 contracts

Sources: Administration Agreement (First Consumers Master Trust), Administration Agreement (First Consumers Master Trust)

Successor Administrator. In the event of a servicing transfer pursuant to Article VII of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. “Administrator” shall mean initially Sterling and thereafter its permitted successor and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21.

Appears in 1 contract

Sources: Administration Agreement (Signet Jewelers LTD)

Successor Administrator. In the event of a servicing transfer pursuant to Article VII Seven of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially The Bon-Ton Department Stores, Inc. and thereafter its permitted successor and assigns as provided in Section 1.13 or any successor Administrator as provided in this Section.

Appears in 1 contract

Sources: Master Indenture (Bon Ton Stores Inc)

Successor Administrator. In the event of a servicing transfer pursuant to Article VII V of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder.. "Administrator" shall mean initially ABC and thereafter its permitted successors and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21. [SIGNATURE PAGE FOLLOWS]

Appears in 1 contract

Sources: Administration Agreement (Advanta Business Recievables Corp)

Successor Administrator. In the event of a servicing ----------------------- transfer pursuant to Article VII V of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation and ------------- thereafter its permitted successor and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21.

Appears in 1 contract

Sources: Administration Agreement (Household Credit Card Master Note Trust I)

Successor Administrator. In the event of a servicing transfer pursuant to Article VII Seven of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. “Administrator” shall mean initially Nordstrom fsb and thereafter its permitted successor and assigns as provided in Section 1.13 or any successor Administrator as provided in this Section.

Appears in 1 contract

Sources: Administration Agreement (Nordstrom Inc)

Successor Administrator. In the event of a servicing transfer pursuant ----------------------- to Article VII of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder.

Appears in 1 contract

Sources: Administration Agreement (First Consumers Master Trust)

Successor Administrator. In the event of a servicing transfer pursuant to Article VII V of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder.. "Administrator" shall mean initially Household Finance Corporation and thereafter its permitted successor and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21. 11 15

Appears in 1 contract

Sources: Administration Agreement (Hrsi Funding Inc Ii)

Successor Administrator. In the event of a servicing transfer pursuant to Article VII V of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder.. "Administrator" shall mean initially ABC and thereafter its permitted successor and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21. [SIGNATURE PAGE FOLLOWS]

Appears in 1 contract

Sources: Administration Agreement (Advanta Business Recievables Corp)

Successor Administrator. In the event of a servicing transfer ----------------------- pursuant to Article VII of the Transfer and Servicing Agreement, the successor ----------- servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder.

Appears in 1 contract

Sources: Administration Agreement (Spiegel Master Trust)