Appointment and Authorization of Servicer Sample Clauses

Appointment and Authorization of Servicer. SECTION 2.01 Appointment of Servicer; Acceptance of Appointment.......................2 SECTION 2.02 Authorization............................................................2 SECTION 2.03 Dominion and Control over Transferred Securitization Property............2 ARTICLE III Billing Services
Sample 1Sample 2See All (13)
AutoNDA by SimpleDocs
Appointment and Authorization of Servicer. 5 Section 2.01. Appointment of Servicer; Acceptance of Appointment........................................5 Section 2.02. Authorization.............................................................................5 Section 2.03. Dominion and Control over Transferred BGS Bondable Transition Property....................5
Sample 1See All (4)
Appointment and Authorization of Servicer. SECTION 2.01. Appointment of Servicer; Acceptance of Appointment. Subject to Section 5.04 and Article VI, the Issuer hereby appoints the Servicer, and the Servicer hereby accepts such appointment, to perform the Servicer's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer in accordance with the terms of this Agreement. This appointment and the Servicer's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Sample 1Sample 2
Appointment and Authorization of Servicer. 2 SECTION 2.01.
Sample 1
Appointment and Authorization of Servicer. 2 SECTION 2.01. APPOINTMENT OF THE SERVICER; ACCEPTANCE OF APPOINTMENT.................................. 2 SECTION 2.02. AUTHORIZATION.................................................. 2 SECTION 2.03. DOMINION AND CONTROL OVER TRANSITION PROPERTY.................. 3
Sample 1
Appointment and Authorization of Servicer. SECTION 2.01. Appointment of Servicer; Acceptance of Appointment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 SECTION 2.02. Authorization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 SECTION 2.03. Dominion and Control over Serviced Intangible Transition Property . . . . . . . . . . . . . . . . . . . . . . . . . 13
Sample 1
Appointment and Authorization of Servicer. Section 2.01 Appointment of Servicer; Acceptance of Appointment 2 Section 2.02 Authorization 2 Section 2.03 Dominion and Control Over Transferred Bondable Transition Property 2
Sample 1
AutoNDA by SimpleDocs
Appointment and Authorization of Servicer 
Sample 1Sample 2Sample 3See All (37)

Related to Appointment and Authorization of Servicer

  • Appointment and Authorization of Administrative Agent (a) Each Lender hereby irrevocably appoints, designates and authorizes the Administrative Agent to take such action on its behalf under the provisions of this Agreement and each other Loan Document and to exercise such powers and perform such duties as are expressly delegated to it by the terms of this Agreement or any other Loan Document, together with such powers as are reasonably incidental thereto. Notwithstanding any provision to the contrary contained elsewhere herein or in any other Loan Document, the Administrative Agent shall not have any duties or responsibilities, except those expressly set forth herein, nor shall the Administrative Agent have or be deemed to have any fiduciary relationship with any Lender or participant, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other Loan Document or otherwise exist against the Administrative Agent. Without limiting the generality of the foregoing sentence, the use of the term "agent" herein and in the other Loan Documents with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable Law. Instead, such term is used merely as a matter of market custom, and is intended to create or reflect only an administrative relationship between independent contracting parties. (b) The L/C Issuer shall act on behalf of the Lenders with respect to any Letters of Credit issued by it and the documents associated therewith, and the L/C Issuer shall have all of the benefits and immunities (i) provided to the Administrative Agent in this Article X with respect to any acts taken or omissions suffered by the L/C Issuer in connection with Letters of Credit issued by it or proposed to be issued by it and the applications and agreements for letters of credit pertaining to such Letters of Credit as fully as if the term "Administrative Agent" as used in this Article X and in the definition of "Agent-Related Person" included the L/C Issuer with respect to such acts or omissions, and (ii) as additionally provided herein with respect to the L/C Issuer.

  • Organization and Authorization The Investor is duly incorporated or organized and validly existing in the jurisdiction of its incorporation or organization and has all requisite power and authority to purchase and hold the securities issuable hereunder. The decision to invest and the execution and delivery of this Agreement by such Investor, the performance by such Investor of its obligations hereunder and the consummation by such Investor of the transactions contemplated hereby have been duly authorized and requires no other proceedings on the part of the Investor. The undersigned has the right, power and authority to execute and deliver this Agreement and all other instruments (including, without limitations, the Registration Rights Agreement), on behalf of the Investor. This Agreement has been duly executed and delivered by the Investor and, assuming the execution and delivery hereof and acceptance thereof by the Company, will constitute the legal, valid and binding obligations of the Investor, enforceable against the Investor in accordance with its terms.

  • Duties and Authority Executive shall serve as the Executive Vice President and Chief Financial Officer of the Company, with those authorities, duties and responsibilities customary to that position and such other authorities, duties and responsibilities as the Board of Directors of Parent (the "Board") or the Company's President and Chief Executive Officer may reasonably assign the Executive from time to time. The Executive shall use his best efforts, including the highest standards of professional competence and integrity, and shall devote substantially all his business time and effort, in and to his employment hereunder, and shall not engage in any other business activity which would conflict with the rendition of his services hereunder, except that the Executive may hold directorships or related positions in charitable, educational or not-for-profit organizations, or directorships in business organizations if approved by the President and Chief Executive Officer, and make passive investments, which do not interfere with the Executive's day-to-day acquittal of his responsibilities to the Company.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!