Assumption Date definition

Assumption Date has the meaning set forth in Section 9.23 of the Sale and Servicing Agreement.

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Assumption Date has the meaning specified in Section 2.3(a).

Assumption Date has the meaning specified in Section 10.3(a).

Examples of Assumption Date in a sentence

On and after the Assumption Date, the Borrower, the Collateral Agent, Credit Acceptance and the Deal Agent hereby agree to provide to the Backup Servicer all notices required to be provided to the Servicer pursuant to the Loan Agreement and the other Transaction Documents, as well as a hard copy sent by a nationally recognized courier service with item tracking capability.
Notwithstanding anything to the contrary contained herein, and for the avoidance of doubt, any reference herein to the Backup Servicer and/or its rights, obligations and duties after the Assumption Date shall be deemed to relate to the Backup Servicer acting solely in its capacity as Successor Servicer.
After the Assumption Date, the Backup Servicer shall deliver the Monthly Report in accordance with Section 6.5(a) of the Loan Agreement.
Subject to early termination of the Backup Servicer due to the occurrence of a Backup Servicer Event of Default, or pursuant to Article 4, or as otherwise provided in this Section 2.4, on and after the Assumption Date, the Backup Servicer shall be responsible for the Service-Related Activities in accordance with the Loan Agreement and this Agreement.
The Backup Servicer has, or prior to the Assumption Date, shall have adequate facilities and employees in place to perform the Service-Related Activities set forth in Section 2.5(d), in accordance with its Collection Guidelines.

Assumption Date means the date, if any, when the Backup Servicer becomes Successor Servicer hereunder.

Assumption Date has the meaning assigned to such term in Section 2.3(a) of the Backup Servicing Agreement.

Assumption Date. Defined in the Backup Servicing Agreement.

Assumption Date. Has the meaning specified in Section 5.1(b) of the Servicing Agreement.

Assumption Date shall have the meaning specified in Section 5.16(f) of the Indenture.

Assumption Date has the meaning set forth in Section 5.15 of the Administration Agreement.

Assumption Date means the date of the consummation of the Assumption.