Common use of Accounting Upon Termination of Servicer Clause in Contracts

Accounting Upon Termination of Servicer. Upon termination of the Servicer under this Article IX, the Servicer shall, at its own expense: (a) deliver to its successor or, if none shall yet have been appointed, to the Paying Agent the funds in the Collection Account; (b) deliver to its successor or, if none shall yet have been appointed, to the Collateral Custodian all Loan Files and related documents and statements held by it hereunder and a Loan portfolio computer tape; (c) deliver to its successor, the Indenture Trustee, the Issuer and the Securityholders a full accounting of all funds, including a statement showing the Scheduled Payments collected by it and a statement of monies held in trust by it for payments or charges with respect to the Loans; and (d) execute and deliver such instruments and perform all acts reasonably requested in order to effect the orderly and efficient transfer of servicing of the Loans to its successor and to more fully and definitively vest in such successor all rights, powers, duties, responsibilities, obligations and liabilities of the Servicer under this Agreement.

Accounting Upon Termination of Servicer. Upon termination of the Servicer under this Article IXX hereof, the Servicer shall, at its own expense: (a) deliver to its their successor or, if none shall yet have been appointed, to the Paying Agent Trustee the funds in the Collection any Principal and Interest Account; (b) deliver to its their successor or, if none shall yet have been appointed, to the Collateral Custodian Trustee all Loan Business Files and related documents and statements held by it hereunder and a Business Loan portfolio computer tape; (c) deliver to its successortheir successor or, if none shall yet have been appointed, to the Indenture TrusteeTrustee and, upon request, to the Issuer and the Securityholders Certificateholders a full accounting of all funds, including a statement showing the Scheduled Monthly Payments collected by it and a statement of monies held in trust by it for the payments or charges with respect to the Business Loans; and (d) execute and deliver such instruments and perform all acts reasonably requested in order to effect the orderly and efficient transfer of servicing of the Business Loans to its their successor and to more fully and definitively vest in such successor all rights, powers, duties, responsibilities, obligations and liabilities of the Servicer under this Agreement.

Accounting Upon Termination of Servicer. Upon termination of the Servicer under this Article IXVIII, the Servicer shall, at its own expense: (a) deliver to its successor or, if none shall yet have been appointed, to the Paying Agent the funds in any Trust Account maintained by the Collection AccountServicer; (b) deliver to its successor or, if none shall yet have been appointed, to the Collateral Custodian all Loan Files and related documents and statements held by it hereunder and a Loan portfolio computer tape; (c) deliver to its successor, to the Indenture Trustee, Facility Administrator and to the Issuer Company and the Securityholders a full accounting of all funds, including a statement showing the Scheduled Monthly Payments collected by it and a statement of monies held in trust by it for payments or charges with respect to the Loans; and (d) execute and deliver such instruments and perform all acts reasonably requested in order to effect the orderly and efficient transfer of servicing of the Loans to its successor and to more fully and definitively vest in such successor all rights, powers, duties, responsibilities, obligations and liabilities of the Servicer under this Agreement.

Accounting Upon Termination of Servicer. Upon termination of the Servicer under this Article IX, the Servicer shall, at its own expense: (a1) deliver to its successor or, if none shall yet have been appointed, to the Paying Agent Indenture Trustee the funds in any Trust Account maintained by the Collection AccountServicer; (b2) deliver to its successor or, if none shall yet have been appointed, to the Collateral Custodian all Loan Files and related documents and statements held by it hereunder and a Loan portfolio computer tape; (c3) deliver to its successorsuccessor or, if none shall yet have been appointed, to the Indenture Trustee, Trustee and to the Issuer and the Securityholders a full accounting of all funds, including a statement showing the Scheduled Monthly Payments collected by it and a statement of monies held in trust by it for payments or charges with respect to the Loans; and (d4) execute and deliver such instruments and perform all acts reasonably requested in order to effect the orderly and efficient transfer of servicing of the Loans to its successor and to more fully and definitively vest in such successor all rights, powers, duties, responsibilities, obligations and liabilities of the Servicer under this Agreement.