Receivables Servicer definition

Receivables Servicer means [ ] as the servicer of Receivables under the Receivables Servicing Agreement, and each successor to [ ] (in the same capacity) pursuant to Section [ ] of the Servicing Agreement.]
Receivables Servicer means (i) DCS with respect to the DCS Receivables, (ii) Ford Credit with respect to the Ford Credit Receivables and (iii) GMAC with respect to the GMAC Receivables.
Receivables Servicer means (i) DCS with respect to the DCS Receivables, (ii) Ford Credit with respect to the Ford Credit Receivables and (iii) Volvo Finance with respect to the Volvo Finance Receivables.

Examples of Receivables Servicer in a sentence

  • Such acknowledgement shall not relieve the Receivables Servicer of any of its obligations to make payments in accordance with the terms of the Receivables Agreements, nor shall it relieve the Initial Property Servicer of its obligations under the Initial Servicing Agreement or the Additional Property Servicer of its obligations under the Additional Servicing Agreement.

  • The Receivables Purchasers and the Receivables Servicer and the Additional Bond Trustee, the Additional Bond Issuer and the Additional Property Servicer each acknowledge that, notwithstanding anything in the Receivables Agreements or the Additional Bond Agreements to the contrary, none of such parties has any interest in the Initial Customer Property.

  • The Initial Bond Trustee, the Initial Bond Issuer and the Initial Property Servicer and the Receivables Purchasers and the Receivables Servicer each acknowledge that, notwithstanding anything in the Initial Bond Agreements or the Receivables Agreements to the contrary, none of such parties has any interest in the Additional Customer Property.

  • If the Servicer (or the related Receivables Servicer) shall commence a legal proceeding to enforce a Receivable, the Issuer (in the case of a Receivable other than a Purchased Receivable) shall thereupon be deemed to have automatically assigned, solely for the purpose of collection, such Receivable to the Servicer (or the related Receivables Servicer).

  • The Issuer shall furnish the Servicer (or the related Receivables Servicer) with any powers of attorney and other documents reasonably necessary or appropriate to enable the Servicer to carry out its servicing and administrative duties hereunder.


More Definitions of Receivables Servicer

Receivables Servicer means the Borrower, as servicer under the Existing Receivables Financing, together with its successors and permitted assigns in such capacity.
Receivables Servicer means (i) Ford Credit with respect to the Ford Credit Receivables, (ii) Huntington with respect to the Huntington Receivables and (iii) SST with respect to the OSB Receivables. Appendix A
Receivables Servicer means Center One.
Receivables Servicer means Reliant Energy and each successor to or -------------------- assignee of Reliant Energy (in the same capacity) pursuant to the Intercreditor Agreement.
Receivables Servicer means [_______________].]
Receivables Servicer means (i) [ ] with respect to the [ ] Receivables, (ii) [ ] with respect to the [ ] Receivables and (iii) [ ] with respect to the [ ] Receivables.
Receivables Servicer means GMAC, initially, and any replacement Receivables Servicer appointed by the Master Servicer.