Backup Servicing Agreement definition

Backup Servicing Agreement means the Backup Servicing Agreement dated as of the Closing Date, among the Backup Servicer, Credit Acceptance, the Seller, the Issuer and the Trust Collateral Agent.

Backup Servicing Agreement means (i) the Backup Servicing Agreement, dated as of January 19, 2011, among the Servicer, Xxxxx Fargo Bank, National Association, the Agent and the other parties thereto; and (ii) any replacement backup servicing agreement entered into from time to time with the prior written consent of the Majority Purchasers; in each case as such agreements may be amended, supplemented or otherwise modified from time to time in accordance with the terms hereof.

Backup Servicing Agreement means (i) the backup servicing agreement dated May 24, 2011 between the Servicer, Xxxxx Fargo Bank, National Association and the Trust; and (ii) any replacement backup servicing agreement entered into from time to time with the prior written consent of the Trust, in each case as such agreements may be amended, supplemented or otherwise modified from time to time in accordance with the terms hereof;

Examples of Backup Servicing Agreement in a sentence

• The Backup Servicer hereby remakes the representations and warranties made by it under the Backup Servicing Agreement.

• The Backup Servicer shall be responsible for each of the duties and obligations imposed upon it by the provisions of the Backup Servicing Agreement and shall have no duties or obligations under any Transaction Document to which it is not a party.

• The Servicer shall provide the Backup Servicer with all information, data and reports as required by the terms of the Backup Servicing Agreement.

• Notwithstanding anything to the contrary herein, the Indenture Trustee shall have the right to remove the Backup Servicer with or without cause at any time and replace the Backup Servicer pursuant to the provisions of the Backup Servicing Agreement.

• Except as otherwise set forth in the Backup Servicing Agreement, the Backup Servicer shall have no obligation to review any information in the Servicer Certificate.

More Definitions of Backup Servicing Agreement

Backup Servicing Agreement means the backup servicing agreement, dated as of the Closing Date, by and among the Issuer, the Depositor, the Servicer, the Backup Servicer and the Indenture Trustee, as the same may be amended, supplemented or otherwise modified from time to time in accordance with the terms thereof.

Backup Servicing Agreement means the Backup Servicing Agreement entered into by the Issuing Entity, the Seller, the Servicer and the Backup Servicer.

Backup Servicing Agreement means the backup servicing agreement to be entered into as the case may be between any Servicer, the Purchaser, the Transaction Administrator and/or MBCC relating to the provision of back-up collection and servicing in relation to the Purchased Receivables, in form and substance satisfactory to the Purchaser.

Backup Servicing Agreement means an agreement, in form and substance satisfactory to the Administrative Agent, by and among the Credit Parties, the Backup Servicer and the Administrative Agent.

Backup Servicing Agreement means that certain Backup Servicing Agreement dated as of the Original Closing Date, among the Company, the Administrative Agent and Backup Servicer, as amended by that certain Amendment No. 1 to Backup Servicing Agreement, dated the First Amendment Effective Date and by that certain Amendment No. 2 to Backup Servicing Agreement, as of the Second Amendment Effective Date, and as it may be amended, modified or supplemented from time to time.

Backup Servicing Agreement means that any Backup Servicing Agreement, to be entered into by and among Agent, Borrower and Backup Servicer regarding the provision of certain services by the Backup Servicer with respect to the Leases, as the same may be amended, modified, supplemented, restated, replaced or renewed in writing from time to time.

Backup Servicing Agreement means the backup servicing agreement, dated as of December 1, 2010, by and among the Issuer, the Servicer, the Backup Servicer and the Indenture Trustee, as the same may be amended, supplemented or otherwise modified from time to time.