Examples of Servicer Obligations in a sentence
The Servicer Performance Guarantor shall not exercise or assert any rights which it may acquire by way of subrogation under this Performance Guaranty unless and until all of the Guaranteed Servicer Obligations shall have been paid and performed in full.
If the audited Party’s compliance with, cooperation with and/or support of any such review related to such audited Party will cause the audited Party to expend additional resources that it otherwise would not spend in the normal course of providing the Guaranteed Servicer Obligations, the audited Party will notify the requesting Party of such requirement for additional resources (and the hourly rate associated with each).
Notwithstanding anything to the contrary contained in this Performance Guaranty, the obligations of the Servicer Performance Guarantor hereunder in respect of the Servicer are expressly limited to the Guaranteed Servicer Obligations.
Cendant and Wyndham Worldwide each hereby guarantees to the Issuer, the Trustee and the Collateral Agent on behalf of all holders of Notes and the Insurer the full and punctual payment and performance of all of WCF’s Servicer Obligations.