Sub-servicers definition
Sub-servicers means Stater Nederland B.V., Quion Hypotheekbegeleiding B.V., Quion Hypotheekbemiddeling B.V. and Quion Services B.V. or any subsequent sub-agent of the Servicer;
Sub-servicers means EASCI and GLELSI.
Sub-servicers means AFSA and GLHESC.
More Definitions of Sub-servicers
Sub-servicers. [______________], with respect to Receivables originated by it and [______________]. with respect to Receivables originated by it.
Sub-servicers collectively means: (a) Millennium Process Group, Inc.; and (b) NCRi Inc.; and “Sub-Servicer” means any one of them. “Sub-Servicing Agreements” collectively means: (a) the Millennium Sub-Servicing Agreement; and (b) the NCRi Sub-Servicing Agreement. “Sub-Servicing Fees” means all amounts owing to the Sub-Servicers by the Servicer pursuant to: (a) section 4.1 of the Millennium Sub-Servicing Agreement; and (b) section 3 of the NCRi Sub-Servicing Agreement. “Subsidiary” means, with respect to any Person, any corporation, partnership, limited liability company, association, or other business entity of which more than fifty percent (50%) of the total voting power of shares of stock or other ownership interests entitled (without regard to the occurrence of any contingency) to vote in the election of the Person or Persons (whether directors, managers, trustees or other Persons performing similar functions) having the power to direct or cause the direction of the management and policies thereof is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person or a combination thereof; provided, in determining the percentage of ownership interests of any Person controlled by another Person, no ownership interest in the nature of a “qualifying share” of the former Person shall be deemed to be outstanding. “Successor Servicer” means any Person who enters into an agreement in form and substance satisfactory to the Directing Agent in respect of the servicing or backup servicing, as the case may be, of the Eligible Loan Assets in replacement of the Servicer following a Servicer Termination Event. “Successor Servicer Fees” means the fees owing to any Successor Servicer, provided that such fees shall not be in excess of the Servicing Costs Cap. “Swap Termination Payment” means an early termination payment payable under the Interest Rate Hedge Agreement as a result of an event of default or early termination event thereunder. “Syndication Agent” as defined in the preamble hereto.
Sub-servicers. TBD, if necessary. Facility: Purchases of any undivided ownership interests in a revolving pool of domestic trade receivables ("Receivables") generated by the Originators and transferred to Atrium Funding. The transfer between the Originators and Atrium Funding will be characterized as legal true sales (discount of receivables at fair market value) supported by appropriate legal opinions to that effect. The Originators will sell the Receivables in existence on the closing date and arising on each day thereafter to the SPC pursuant to Purchase and Sale Agreements. The SPC will then transfer Receivables to the Buyers pursuant to a Receivables Purchase Agreement or incur debt secured by the Receivables.