Successor Servicer to Act Sample Clauses

Successor Servicer to Act. Appointment of Successor Servicer 45 Section 8.05. Notification Noteholders 46 Section 8.06. Effect of Transfer 46 Section 8.07. Database File 46 Section 8.08. Successor Servicer Indemnification 46 Section 8.09. Responsibilities of the Successor Servicer 47 Section 8.10. Limitation of Liability of Servicer 47 Section 8.11. Merger or Consolidation of Servicer 47 Section 8.12. Servicer Not to Resign 48 Section 8.13. Appointment of Subservicer 48 ARTICLE NINE REPORTS 48 Section 9.01. Monthly Reports 48 Section 9.02. Officer’s Certificate 48 Section 9.03. Other Data 48
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Successor Servicer to Act. Appointment of Successor Servicer 38 Section 8.05. Notification to Noteholders 38 Section 8.06. Effect of Transfer 39 Section 8.07. Database File 39 Section 8.08. Successor Servicer Indemnification 39 Section 8.09. Responsibilities of the Successor Servicer 39 Section 8.10. Limitation of Liability of Servicer 40 Section 8.11. Merger or Consolidation of Servicer 40 Section 8.12. Servicer Not to Resign 40 Section 8.13. Appointment of Subservicer 40 ARTICLE NINE REPORTS 41 Section 9.01. Monthly Reports 41 Section 9.02. Officer’s Certificate 41 Section 9.03. Other Data 41 Section 9.04. Report on Assessment of Compliance with Servicing Criteria and Attestation; Annual Officer’s Certificate 41 Section 9.05. Monthly Reports to Noteholders 42 Section 9.06. Regulation AB 43 Section 9.07. Information to Be Provided by the Indenture Trustee 43 Section 9.08. Exchange Act Reporting 44 ARTICLE TEN TERMINATION 45 Section 10.01. Sale of Trust Assets 45 ARTICLE ELEVEN MISCELLANEOUS 45 Section 11.01. Amendment 45 Section 11.02. Protection of Title to Trust 46 Section 11.03. Governing Law 47 Section 11.04. Notices 47 Section 11.05. Severability of Provisions 49 Section 11.06. Assignment 49 Section 11.07. Third Party Beneficiaries 49 Section 11.08. Counterparts 49 Section 11.09. Headings 49
Successor Servicer to Act. Appointment of Successor Servicer 39 Section 8.05. Notification to Securityholders 39 Section 8.06. Effect of Transfer 39 Section 8.07. Database File 40 Section 8.08. Successor Servicer Indemnification 40 Section 8.09. Responsibilities of the Successor Servicer 40 Section 8.10. Limitation of Liability of Servicer 40 Section 8.11. Merger or Consolidation of Servicer 41 Section 8.12. Servicer Not to Resign 41 Section 8.13. Appointment of Subservicer 41 ARTICLE Nine REPORTS 41 Section 9.01. Monthly Reports 41 Section 9.02. Officer’s Certificate 41 Section 9.03. Other Data 42 Section 9.04. Report on Assessment of Compliance with Servicing Criteria and Attestation; Annual Officer’s Certificate 42 Section 9.05. Monthly Reports to Noteholders 42
Successor Servicer to Act. The Initial Servicer having been terminated or having been removed or having resigned pursuant to this Amendment, the Successor Servicer is hereby authorized and empowered to act as the Borrower’s agent and to service and administer the Receivables on behalf of the Borrower, the Administrator and the Secured Parties in accordance with Article XI of the Agreement; provided, however, all of the foregoing rights and powers of the Successor Servicer must be carried out in accordance with the provisions of and standard of care reflected in this Amendment and the Transaction Documents.
Successor Servicer to Act. 75 Section 8.04 Notifications to Noteholders and the Equity Certificateholders................76 Section 8.05
Successor Servicer to Act. 47 Section 8.04.

Related to Successor Servicer to Act

  • Successor Servicer Each of Processor and the Trustee agrees that if the Servicer has been terminated or resigns as Servicer, this Agreement shall not thereupon terminate and the successor servicer appointed pursuant to the Sale and Servicing Agreement shall succeed, except as otherwise provided herein, to all rights, benefits, duties and obligations of the Servicer hereunder. Prior to the termination or resignation of the Trustee or the Servicer, the Trustee or the Servicer, respectively, shall provide notice to Processor in accordance with the terms and conditions to which each of the Trustee or the Servicer, respectively, is itself entitled upon termination or resignation.

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