Common use of The Backup Servicer Clause in Contracts

The Backup Servicer. (a) The Issuer and the Trust Depositor hereby appoint Lyon Financial Services, Inc. to act as Backup Servicer in accordance with the terms of this Agreement. Lyon Financial Services, Inc. hereby accepts such appointment and agrees to perform the duties and responsibilities with respect thereto set forth herein.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (NewStar Financial, Inc.), Sale and Servicing Agreement (NewStar Financial, Inc.)

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The Backup Servicer. (a) The Issuer Issuer, the Trustee and the Trust Depositor hereby appoint Lyon Financial Services, Inc. (d/b/a U.S. Bank Portfolio Services) to act as Backup Servicer in accordance with the terms of this Agreement. Lyon Financial Services, Inc. (d/b/a U.S. Bank Portfolio Services) hereby accepts such appointment and agrees to perform the duties and responsibilities with respect thereto set forth herein.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ares Capital Corp)

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The Backup Servicer. (a) The Issuer and the Trust Depositor hereby appoint Lyon Financial Services, Inc. (d/b/a U.S. Bank Portfolio Services) to act as Backup Servicer in accordance with the terms of this Agreement. Lyon Financial Services, Inc. (d/b/a U.S. Bank Portfolio Services) hereby accepts such appointment and agrees to perform the duties and responsibilities with respect thereto set forth herein.

Appears in 1 contract

Samples: Sale and Servicing Agreement (NewStar Financial, Inc.)

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