Servicer Termination Notice. Defined in Section 6.15.
Servicer Termination Notice has the meaning assigned to that term in Section 6.01(b).
Servicer Termination Notice means any notice by the Administrative Agent to the Servicer that (a) an Event of Servicer Termination has occurred and (b) the Servicer’s appointment under the Funding Agreement has been terminated.
Examples of Servicer Termination Notice in a sentence
Until the Administrative Agent gives Xxxxxxx Strategic Credit Fund a Servicer Termination Notice, Xxxxxxx Strategic Credit Fund hereby accepts such appointment and agrees to perform the duties and responsibilities of the Servicer pursuant to the terms hereof.
On and after the receipt by the Servicer of a Servicer Termination Notice pursuant to this Section 8.01(b), the Servicer shall continue to perform all servicing functions under this Agreement until the date that is thirty (30) days after the date of such notice or until a date mutually agreed upon by the Servicer and the Majority Lenders.
More Definitions of Servicer Termination Notice
Servicer Termination Notice means a notice given to the Servicer pursuant to Section 7.01 of the Sale and Servicing Agreement terminating all rights and obligations of the Servicer under the Sale and Servicing Agreement, other than the indemnification obligations of the Servicer under Section 6.02 of the Sale and Servicing Agreement, which shall survive such termination.
Servicer Termination Notice has the meaning given to such term in Section 7.13.
Servicer Termination Notice is defined in Section 5.1 of the Servicing Agreement.
Servicer Termination Notice means the notice described in Section 6.01 hereof.
Servicer Termination Notice. Has the meaning set forth in Section 7.02 of the Servicing Agreement.
Servicer Termination Notice. The notice described in Section 9.01(a) hereof.
Servicer Termination Notice means the notice given by the Issuer and by the Security Trustee to the Servicer pursuant to Clause 6.1 (Servicer Replacement and Termination) of the Servicing Agreement.