Event of Servicer Termination definition

Event of Servicer Termination. With respect to the Servicing Agreement, a Servicing Default as defined in Section 6.01 of the Servicing Agreement.
Event of Servicer Termination shall have the meaning assigned to it in Section 8.01 of the Sale Agreement.
Event of Servicer Termination shall have the meaning assigned to it in Section 9.02 of the Funding Agreement.

Examples of Event of Servicer Termination in a sentence

  • Any breach in any material respect by any Company of any of its representations and warranties contained in this Section 3 shall be a Termination Event and an Event of Servicer Termination for all purposes of the Securitization Agreements.

  • Upon any waiver of a past default, such default shall cease to exist and any Event of Servicer Termination arising therefrom shall be deemed to have been remedied for every purpose of this Agreement.

  • Upon any such waiver of a past default, such default shall cease to exist, and any Event of Servicer Termination arising therefrom shall be deemed to have been remedied for every purpose of this Agreement.

  • Any breach in any material respect by any Company of any of its representations and warranties contained in this Section 4 shall be a Termination Event and an Event of Servicer Termination for all purposes of the Securitization Agreements.

  • Except as otherwise expressly provided in this Agreement, no remedy provided for by this Agreement shall be exclusive of any other remedy, and each and every remedy shall be cumulative and in addition to any other remedy, and no delay or omission to exercise any right or remedy shall impair any such right or remedy or shall be deemed to be a waiver of any Event of Servicer Termination.


More Definitions of Event of Servicer Termination

Event of Servicer Termination. As defined in Section 7.01.
Event of Servicer Termination shall have the meaning assigned to it in Section 8.01 of the Transfer Agreement.
Event of Servicer Termination shall have the meaning assigned to it in Section 4.1 of the Servicing Agreement.
Event of Servicer Termination. With respect to the Servicing Agreement, a Servicing Default as defined in Section 7.01 of the Servicing Agreement. Exchange Act: The Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.
Event of Servicer Termination has the meaning specified in Section 9.02 ----------------------------- of the Purchase Agreement.
Event of Servicer Termination. Any one of the conditions or circumstances enumerated in Section 7.01(i)-(iv) of the Sale and Servicing Agreement.
Event of Servicer Termination. With respect to the Master Servicing Agreement, an Event of Default as defined in Section ____ of the Master Servicing Agreement.