Designation of Servicers. (a) The servicing, administration and collection of the Receivables shall be conducted by such Person or Persons (each such Person, a “Servicer”) so designated from time to time in accordance with this Section 8.1. Each of the Persons identified on Schedule C hereto is hereby designated as, and hereby agrees to perform the duties and obligations of, Servicer pursuant to the terms of this Agreement with respect to the Receivables originated by such entity. The Agent may, and at the direction of the Required Purchasers shall, at any time following an Amortization Event, designate as Servicer any Person to succeed any existing Servicer or any successor Servicer.
Designation of Servicers. The servicing, administration and collection of the Pool Receivables shall be conducted by the Servicers so designated hereunder from time to time. Until the Operating Agent gives notice to the Seller of the designation of a new Servicer in accordance with the provisions of the next sentence, (a) each Originator is hereby designated as, and hereby agrees to perform the duties and obligations of, Servicer in respect of Pool Receivables originated by it pursuant to the terms hereof provided that the Parent Servicer will act as Servicer with respect to all Deposit Accounts maintained for the Nordtrac Group and (b) the Parent is hereby designated as, and hereby agrees to perform the duties and obligations of, the Parent Servicer pursuant to the terms hereof. The Operating Agent may at any time after the occurrence and during the continuance of an Event of Termination or an Incipient Bankruptcy Event of Termination or a Servicer Bankruptcy Event designate, upon at least ten days prior written notice to the Servicers (unless such Servicer is in insolvency, bankruptcy or arrangement proceeding, in which case no such notice need be given), as Servicer any Person (including itself) to succeed all or any of the Servicers or any successor Servicer, if such Person shall consent and agree to the terms hereof. Any Servicer may, with the prior consent of the Operating Agent (except that no consent is required if the subcontract is to another Originator), subcontract with any other Person or Persons (including an Originator or Originators) for the servicing, administration or collection of the Pool Receivables. Any such subcontract shall not affect a Servicer’s liability for performance of its duties and obligations pursuant to the terms hereof, and any such subcontract shall automatically terminate upon designation of a successor Servicer.
Designation of Servicers. (a) The servicing, administration and collection of the Receivables shall be conducted by such Person(s) (each, a “Servicer”) so designated from time to time in accordance with this Section 8.1. Each of ALG and ASP is hereby designated as, and hereby agrees to perform the duties and obligations of, a Servicer pursuant to the terms of this Agreement with respect to the Receivables originated by it. The Agent may at any time following the occurrence of an Amortization Event designate as Servicer(s) any Person(s) to succeed ALG and ASP or any successor Servicer(s) provided that the Rating Agency Condition is satisfied.
Designation of Servicers. (a) The servicing, administration and collection of the Receivables shall be conducted by such Person or Persons (each such Person, a “Servicer”) so designated from time to time in accordance with this Section 8.1. Each of WhiteWave Foods, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, Xxxx Dairy Holdings, Suiza Dairy, each Xxxx Entity, each Additional Entity, the New WhiteWave Entity and each New EntityPersons identified on Schedule C hereto is hereby designated as, and hereby agrees to perform the duties and obligations of, Servicer pursuant to the terms of this Agreement with respect to the Receivables originated by such entity. The Agent may, and at the direction of the Required Purchasers shall, at any time following an Amortization Event, designate as Servicer any Person to succeed WhiteWave Foods, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, Xxxx Dairy Holdings, Suiza Dairy, any Xxxx Entity, any Additional Entity, the New WhiteWave Entity or any New Entity,existing Servicer or any successor Servicer.
Designation of Servicers. (a) The servicing, administration and collection of the Receivables shall be conducted by such Person or Persons (each such Person, a "Servicer") so designated from time to time in accordance with this Section 8.1. Each of Morningstar, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, each Dean Entity and Tuscan Management is hereby designated as, and herebx xxrees to perform the duties and obligations of, Servicer pursuant to the terms of this Agreement. The Agent may, and at the direction of the Required Purchasers shall, at any time following an Amortization Event, designate as Servicer any Person to succeed Morningstar, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, any Dean Entity or Tuscan Management, or any successor Servicer.
Designation of Servicers. (a) The servicing, administration and collection of the Receivables shall be conducted by such Person or Persons (each such Person, a “Servicer”) so designated from time to time in accordance with this Section 8.1. Each of National Brand, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, each Dxxx Entity, each Additional Entity and each New Entity is hereby designated as, and hereby agrees to perform the duties and obligations of, Servicer pursuant to the terms of this Agreement with respect to the Receivables originated by such entity. The Agent may, and at the direction of the Required Purchasers shall, at any time following an Amortization Event, designate as Servicer any Person to succeed National Brand, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, any Dxxx Entity, any Additional Entity or any New Entity, or any successor Servicer. Without the prior written consent of the Agent and the Required Purchasers, neither National Brand, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, any Dxxx Entity, any Additional Entity nor any New Entity shall be permitted to delegate any of its duties or responsibilities as Servicer to any Person other than (i) a Seller and (ii) with respect to certain Charged-Off Receivables, outside collection agencies in accordance with its customary practices. No Seller shall be permitted to further delegate to any other Person any of the duties or responsibilities of a Servicer delegated to it by National fourth amended and restated receivables purchase agreement Brand, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, any Dxxx Entity, any Additional Entity or any New Entity. If at any time following an Amortization Event the Agent shall designate as Servicer any Person other than National Brand, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, any Dxxx Entity, any Additional Entity or any New Entity, all duties and responsibilities theretofore delegated by National Brand, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, any Dxxx Entity, any Additional Entity or any New Entity to any Seller may, at the discretion of the Agent, be terminated forthwith on notice given by the Agent to National Brand, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, any Dxxx Entity, any Additional Entity or any New Entity, as applicable, and to the Administrative Seller. Notwithstanding the foregoing subsection (b), (i) each of National Brand, Coun...
Designation of Servicers. (a) The servicing, administration and collection of the Receivables shall be conducted by such Person or Persons (each such Person, a “Servicer”) so designated from time to time in accordance with this Section 8.1. Each of WhiteWave Foods, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, Xxxx Dairy Holdings, Suiza Dairy, each Xxxx Entity, each Additional Entity, the New WhiteWave Entity and each New Entity is hereby designated as, and hereby agrees to perform the duties and obligations of, Servicer pursuant to the terms of this Agreement with respect to the Receivables originated by such entity. The Agent may, and at the direction of the Required Purchasers shall, at any time following an Amortization Event, designate as Servicer any Person to succeed WhiteWave Foods, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, Xxxx Dairy Holdings, Suiza Dairy, any Xxxx Entity, any Additional Entity, the New WhiteWave Entity or any New Entity, or any successor Servicer.
Designation of Servicers. (a) The servicing, administration and collection of the Receivables shall be conducted by such Person or Persons (each such Person, a "Servicer") so designated from time to time in accordance with this Section 8.1. Each of Morningstar, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, each Dean Entity and each New Entity is hereby designated as, and hereby xxxxes to perform the duties and obligations of, Servicer pursuant to the terms of this Agreement with respect to the Receivables originated by such entity. The Agent may, and at the direction of the Required Purchasers shall, at any time following an Amortization Event, designate as Servicer any Person to succeed Morningstar, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, any Dean Entity or any New Entity, or any successor Servicer.
Designation of Servicers. (a) The servicing, administration and collection of the Receivables shall be conducted by such Person or Persons (each such Person, a “Servicer”) so designated from time to time in accordance with this Section 8.1. Each of WhiteWave Foods, Country Fresh, Land-O-Sun, Southern Foods, GTL, Tuscan Dairies, each Dxxx Entity, each Additional Entity, the New WhiteWave Entity and each New Entity is hereby designated as, and hereby agrees to perform the duties and obligations of, Servicer pursuant to the terms of this Agreement with respect to the Receivables originated by such entity. The Agent may, and at the direction of the Required Purchasers shall, at any time following an Amortization Event, designate as Servicer any Person to succeed WhiteWave Foods, Country Fresh, Land-O-Sun, fifth amended and restated receivables purchase agreement Southern Foods, GTL, Tuscan Dairies, any Dxxx Entity, any Additional Entity, the New WhiteWave Entity or any New Entity, or any successor Servicer.
Designation of Servicers
