Additional Subservicers Sample Clauses

Additional Subservicers. The Depositor agrees that, subject to the satisfaction of the conditions set forth below, any Affiliate of Regional Management may be added as a party to this Agreement (an “Accession”) as a “Subservicer” (each such Person, an “Additional Subservicer”), upon the Depositor’s receipt of a written request from Regional Management requesting that such Additional Subservicer be added to this Agreement as a Subservicer at least five (5) days prior to the first acquisition of Eligible Loans to be serviced by such Additional Subservicer: (a) the Depositor shall have delivered to the Indenture Trustee a fully executed copy of an Accession Agreement substantially in the form of Exhibit D hereto with respect to such Additional Subservicer; (b) notice of any Accession and the related Additional Subservicer shall have been provided to each Rating Agency; (c) there shall have been delivered to the Indenture Trustee (on behalf of the Noteholders) an Officer’s Certificate of Regional Management stating that such Accession is not reasonably expected to result in an Adverse Effect; and (d) as of the effective date of such Accession, the conditions precedent applicable to such Additional Subservicer as set forth in Exhibit E shall have been fulfilled. Upon the effectiveness of any Accession, this Agreement shall be deemed amended to include the proposed Additional Subservicer as a “Subservicer” hereunder. For the avoidance of doubt, any Person to which the Servicer (including any Successor Servicer) has delegated its duties hereunder in accordance with Section 6.07 shall not be subject to an Accession or be required to become a party to this Agreement.
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Additional Subservicers. The Subservicer may, with the prior consent of the Purchaser and the Servicer, which consent shall not be unreasonably withheld, subcontract with a subservicer (each such servicer, an "Additional Subservicer") for collection, servicing or administration of the Receivables, provided, that (a) the Subservicer shall continue to perform its obligations with respect to collections of Medicaid Receivables, Medicare Receivables and CHAMPUS Receivables, (b) the Subservicer shall remain liable for the performance of the duties and obligations of the Additional Subservicer pursuant to the terms hereof and (c) any subservicing agreement that may be entered into and any other transactions or services relating to the Purchased Receivables involving an Additional Subservicer (each such agreement, an "Additional Subservicing Agreement") shall be deemed to be between the Additional Subservicer and the Subservicer alone and the Purchaser and Servicer shall not be deemed parties thereto and shall have no obligations, duties or liabilities with respect to the Additional Subservicer.
Additional Subservicers. 31 Section 7.3 Duties and Responsibilities of the Subservicer ............. 31 Section 7.4 Authorization of the Servicer .............................. 33 Section 7.5 Subservicing Fee; Subservicing Expenses .................... 34 Section 7.6 Annual Statement as to Compliance .......................... 34 Section 7.7 Transfer of Servicing Between Subservicer and Servicer ................................................... 34 Section 7.8 Subservicer Not to Resign .................................. 35 Section 7.9 Appointment of the Successor Subservicer ................... 35 Section 7.10 Duties of the Subservicer to the Successor Servicer .................................................. 35 Section 7.11 Effect of Termination or Resignation ...................... 36 ARTICLE VIII EVENTS OF SELLER DEFAULT ................................... 36 Section 8.1 Events of Seller Default ................................... 36 ARTICLE IX INDEMNIFICATION .............................................. 38 Section 9.1 Indemnities by the Seller .................................. 38 Section 9.2 Section 9.2 Security Interest .............................. 39 ARTICLE X MISCELLANEOUS ................................................. 39 Section 10.1 Notices, Etc .............................................. 39 Section 10.2 Remedies .................................................. 40 Section 10.3 Binding Effect; Assignability ............................. 40 Section 10.4 Costs, Expenses and Taxes ................................. 40 Section 10.5 No Proceedings ............................................ 41 Section 10.6 Amendments; Waivers; Consents ............................. 41 Section 10.7 GOVERNING LAW; CONSENT TO JURISDICTION; WAIVER OF JURY TRIAL ................................................ 41 Section 10.8 Execution in Counterparts; Severability ................... 42 Schedule 1 Ineligible Medicaid States Schedule 2 Ineligible Blue Cross/Blue Shield Plans Schedule 3 Seller's Payor and Provider Numbers Schedule 4 List of Names Under Which Seller is Doing Business and Addresses at Which Seller is Doing Business Exhibit A Form of Notice to Payors Exhibit B Form of Lockbox Account Agreement Exhibit C Form of Purchase Assignment Exhibit D Form of Officer's Certificate for the Seller Exhibit E Form of Opinion of Counsel for the Seller Exhibit F Form of Repurchase Assignment Exhibit G Form of Section 8.2 Determination of the Servicer SALE AND SUBSERVICING AGREEMENT (the ...
Additional Subservicers. 31 Section 7.3 Duties and Responsibilities of the Subservicer.............. 31 Section 7.4 Authorization of the Servicer .............................. 33 Section 7.5 Subservicing Fee; Subservicing Expenses .................... 34 Section 7.6 Annual Statement as to Compliance .......................... 34 Section 7.7 Transfer of Servicing Between Subservicer and Servicer ................................................... 34 Section 7.8 Subservicer Not to Resign .................................. 35 Section 7.9 Appointment of the Successor Subservicer ................... 35 Section 7.10 Duties of the Subservicer to the Successor Servicer .................................................. 35 Section 7.11 Effect of Termination or Resignation ...................... 36 ARTICLE VIII EVENTS OF SELLER DEFAULT ................................... 36 Section 8.1 Events of Seller Default ................................... 36
Additional Subservicers. 37 Section 7.3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Additional Subservicers. Subject to the satisfaction of the conditions set forth below, any Affiliate of First Heritage may be added as a party to this Agreement (an “Accession”) as a “Subservicer,” upon the Administrative Agent’s receipt of a written notice from First Heritage that such Affiliate be added to this Agreement as a Subservicer at least five (5) days prior to the first acquisition of Receivables to be serviced by such Affiliate and:

Related to Additional Subservicers

  • Subservicers The Master Servicer shall perform all of its servicing responsibilities hereunder or may cause a subservicer to perform any such servicing responsibilities on its behalf, but the use by the Master Servicer of a subservicer shall not release the Master Servicer from any of its obligations hereunder and the Master Servicer shall remain responsible hereunder for all acts and omissions of each subservicer as fully as if such acts and omissions were those of the Master Servicer. The Master Servicer shall pay all fees of each subservicer from its own funds, and a subservicer’s fee shall not exceed the Servicing Fee payable to the Master Servicer hereunder. At the cost and expense of the Master Servicer, without any right of reimbursement from its Protected Account, the Master Servicer shall be entitled to terminate the rights and responsibilities of a subservicer and arrange for any servicing responsibilities to be performed by a successor subservicer; provided, however, that nothing contained herein shall be deemed to prevent or prohibit the Master Servicer, at the Master Servicer’s option, from electing to service the related Mortgage Loans itself. In the event that the Master Servicer’s responsibilities and duties under this Agreement are terminated pursuant to Section 8.01, the Master Servicer shall at its own cost and expense terminate the rights and responsibilities of each subservicer effective as of the date of termination of the Master Servicer. The Master Servicer shall pay all fees, expenses or penalties necessary in order to terminate the rights and responsibilities of each subservicer from the Master Servicer’s own funds without reimbursement from the Trust Fund. Notwithstanding the foregoing, the Master Servicer shall not be relieved of its obligations hereunder and shall be obligated to the same extent and under the same terms and conditions as if it alone were servicing and administering the Mortgage Loans. The Master Servicer shall be entitled to enter into an agreement with a subservicer for indemnification of the Master Servicer by the subservicer and nothing contained in this Agreement shall be deemed to limit or modify such indemnification. Any subservicing agreement and any other transactions or services relating to the Mortgage Loans involving a subservicer shall be deemed to be between such subservicer and the Master Servicer alone, and the Trustee shall not have any obligations, duties or liabilities with respect to such subservicer including any obligation, duty or liability of the Trustee to pay such subservicer’s fees and expenses. Each subservicing agreement shall provide that such agreement may be assumed or terminated without cause or penalty by the Trustee or other Successor Master Servicer in the event the Master Servicer is terminated in accordance with this Agreement. For purposes of remittances to the Trustee pursuant to this Agreement, the Master Servicer shall be deemed to have received a payment on a Mortgage Loan when a subservicer has received such payment.

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