After receipt by Sample Clauses

After receipt by the Servicer of a notice from the Issuer or Security Trustee pursuant to clause 6.1 but prior to the Servicer Termination Date, the Servicer shall: hold to the order of the Issuer and the Security Trustee (or such person as the Issuer shall direct) the Purchased Receivable Records, the Servicer Records and the Transaction Documents; hold to the order of the Issuer and the Security Trustee any monies then held by it on behalf of the Issuer together with any other assets of the Issuer then held by it; other than as the Issuer or the Security Trustee may direct pursuant to paragraph (e) below, continue to perform all of the Services (unless prevented by any applicable laws, regulations, judgments and other directions or orders to which it may be subject) until the time and date specified in a Servicer Termination Notice or until the date mutually agreed between the Servicer, the Issuer and the Security Trustee; take such further action in accordance with the terms of this Agreement as the Issuer or the Security Trustee may reasonably direct in relation to the Servicer's obligations under this Agreement, including, if so requested, giving a Notification Event Notice to the Obligors as may be necessary to enable the Services to be performed by a successor servicer; and stop taking any such action under the terms of this Agreement as the Issuer or the Security Trustee may reasonably direct, including, the collection of Collections, the payment of Collections into the Distribution Account, the communication with Obligors or dealing with the Purchased Receivables.

Related to After receipt by

  • Solvency Certificate The Administrative Agent shall have received a Solvency Certificate from the chief financial officer or treasurer of the Borrower.

  • Final Accounting Upon the dissolution of the Company, a proper accounting shall be made from the date of the last previous accounting to the date of dissolution.

  • Compliance Officer and Chief Executive Officer The Implementation Report and each Annual Report shall include a certification by the Compliance Officer and Chief Executive Officer that:

  • Independence and Objectivity Certification Prior to performing the first Quarterly Claims Review, and annually thereafter, the IRO shall submit to Practitioner a certification that the IRO has (a) evaluated its professional independence and objectivity with respect to the reviews required under this Section III.C and (b) concluded that it is, in fact, independent and objective, in accordance with the requirements specified in Appendix A to this IA. The IRO’s certification shall include a summary of all current and prior engagements between Practitioner and the IRO.

Time is Money Join Law Insider Premium to draft better contracts faster.