Examples of Wells in a sentence
In connection with the use or administration of Term SOFR, Wells wixx xxve the right to make Conforming Changes from time to time in consultation with Seller and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Transaction Document.
Seller shall take such action or refrain from taking such action as Wells max xxxcify in order to assist such new Servicer in assuming and performing such obligations.
Seller shall cease its activities as Servicer in a manner that Wells dexxxxxnes and shall cooperate fully and facilitate the transition of the performance of such activities to the new Servicer, and such new Servicer shall assume the obligations of Seller, as applicable, to service and administer the Receivables, on the terms and subject to the conditions herein set forth or as may otherwise be agreed in writing between Wells anx xxxh new Servicer.
All amounts due for payment by Seller to Wells puxxxxxt to this Agreement shall accrue interest at the Overdue Payment Rate from the date immediately succeeding the due date (after giving effect to any grace periods set forth in this Agreement) until the date on which payment thereof is made in accordance with the terms of this Agreement.
Following the occurrence of a Termination Event, Wells max, xx its discretion, replace Seller in its capacity as servicer with itself or any agent for Wells wixx xxspect to any and all Purchased Receivables.