Back-Up Servicer definition

Back-Up Servicer means, initially, ▇▇▇▇▇ Fargo Bank, National Association, and at any other time, the Person then acting as “Back-up Servicer” pursuant to and in accordance with the Back-up Servicing Agreement.

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Back-Up Servicer means ▇▇▇▇▇ Fargo Bank, National Association and its permitted successors and assigns, as provided in the Indenture.

Back-Up Servicer has the meaning specified in the Servicing Agreement.

Examples of Back-Up Servicer in a sentence

• Upon the Company or the Master Servicer obtaining actual knowledge of the occurrence of a Facility Event, the Master Servicer shall give prompt written notice thereof to the Collateral Agent, the Administrative Agent, each Funding Agent and, from and after the appointment of a Back-Up Servicer, the Back-Up Servicer.

• Notwithstanding any other provision of this Agreement or any other Transaction Document, from and after the appointment of a Back-Up Servicer, the Monthly Servicing Fee shall be adjusted to effect the fees payable to the Back-Up Servicer pursuant to the Back-Up Servicing Agreement.

• Upon identification by the Company of a Person to act as a Back-Up Servicer, each of the Company and the Administrative Agent shall use its good faith efforts to promptly negotiate and deliver a Back-Up Servicing Agreement reasonably acceptable in form and substance to each of the Company, the Administrative Agent and the Back-Up Servicer.

• Following the occurrence of a Weekly Report Trigger Event, on each Weekly Report Date, the Company shall cause the Master Servicer to provide, and the Master Servicer shall provide the Administrative Agent, each Funding Agent, the Collateral Agent and, from and after the appointment of a Back-Up Servicer, the Back-Up Servicer, with a Weekly Report in accordance with Section 4.04 of the Servicing Agreement and substantially in the form of Schedule 15 to this Agreement.

More Definitions of Back-Up Servicer

Back-Up Servicer means Systems & Services Technologies, Inc., together with its permitted successors and assigns, in such capacity.

Back-Up Servicer means JPMorgan Chase Bank, in its capacity as Back-up Servicer pursuant to the terms of the Sale and Servicing Agreement or such Person as shall have been appointed Back-up Servicer pursuant to Section 9.2(c) of the Sale and Servicing Agreement.

Back-Up Servicer means such successor Person.

Back-Up Servicer means a Person appointed as Back-Up Servicer pursuant to Section 21.2(c), having experience in servicing assets similar in type to the Receivables and who shall be reasonably acceptable to the Company, the Administrative Agent and each Funding Agent.

Back-Up Servicer means Banca Finanziaria Internazionale S.p.A. or any other entity which may be appointed by the Guarantor, with the approval by the Representative of the Covered Bondholders, pursuant to Clause 7 (Back-Up Servicer) of the Servicing Agreement.

Back-Up Servicer means [***] or any entity designated as a “Back up Servicer” by the Borrower on Schedule 1.01(a), as such schedule may be updated from time to time accordance with Section 2.05(e) (provided that such additional “Back-Up Servicer” must be reasonably acceptable to the Administrative Agent), and any such Person’s successors and assigns as Back-Up Servicer under each applicable Back-Up Servicing Agreement.

Back-Up Servicer. JPMorgan Chase Bank, a New York banking corporation, its successors and assigns.