Successor Servicer means any entity appointed as a successor to the Servicer pursuant to Section 8.02.
Successor Servicer has the meaning specified in Section 3.07(e).
Successor Servicer. Any servicer of one or more Mortgage Loans designated by the Purchaser as being entitled to the benefits of the indemnifications set forth in Subsections 9.03 and 14.01.
Examples of Successor Servicer in a sentence
The Backup Servicer (including, for the avoidance of doubt, if it is then acting as Successor Servicer), the Collection Account Bank and the Disbursement Account Bank shall be express third party beneficiaries of the provisions of Section 2.10.
The Securitization Trust may not, except upon the occurrence of a Servicer Default, subsequent to the payment in full of the Notes and in accordance with the written directions of Trust Certificateholders of Trust Certificates evidencing at least 662⁄3% of the Percentage Interests, remove the Servicer with respect to the 2024-2 Exchange Note or appoint a Successor Servicer with respect thereto.
More Definitions of Successor Servicer
Successor Servicer is defined in Section 3.07(e) of the Indenture.
Successor Servicer shall have the meaning specified in Section 3.7(e) of the Indenture.
Successor Servicer shall have the meaning specified in Section 10.02(a).
Successor Servicer means any Person designated as the Successor Servicer pursuant to this Agreement and any and all Persons who previously were "Successor Servicers" pursuant to this Agreement.
Successor Servicer has the meaning specified in Section 3.07(e) of the Indenture.
Successor Servicer means an institution appointed as successor Servicer pursuant to Section 7.2 of the Sale and Servicing Agreement.
Successor Servicer is defined in Section 6.2 of the Servicing Agreement.