Common use of Appointment of Master Servicer Clause in Contracts

Appointment of Master Servicer. Owner hereby appoints Master Servicer as its agent to service the Transferred Receivables and enforce its rights and interests in and under the Transferred Receivables and to serve in such capacity until the termination of its responsibilities pursuant to Sections 5.1 or 6.1. In connection therewith, Master Servicer hereby accepts such appointment and agrees to perform the duties and obligations set forth herein. Master Servicer may delegate any duties to any of its Affiliates without further action or subcontract with a Sub-Servicer for the collection, servicing or administration of the Transferred Receivables or any portion thereof; provided, that (a) Master Servicer shall remain liable and responsible for the performance of the duties and obligations of any such Affiliate or Sub-Servicer pursuant to the terms hereof and (b) any Sub-Servicing Agreement that may be entered into with, and any other transactions or services relating to the Transferred Receivables involving, a Sub-Servicer shall be deemed to be between the Sub-Servicer and Master Servicer alone, and Owner shall not be deemed party thereto and shall have no obligations, duties or liabilities with respect to the Sub-Servicer.

Appointment of Master Servicer. Owner hereby appoints Master Servicer as its agent to service the Transferred Receivables and enforce its rights and interests in and under the Transferred Receivables and to serve in such capacity until the termination of its responsibilities pursuant to Sections 5.1 or 6.1. In connection therewith, Master Servicer hereby accepts such appointment and agrees to perform the duties and obligations set forth herein, including the performance of those services described in Schedule 2.1 to the extent necessary to fulfill its duties and obligations set forth herein or otherwise requested by Owner in connection therewith. Master Servicer may delegate any duties to any of its Affiliates without further action or subcontract with a Sub-Servicer for the collection, servicing or administration of the Transferred Receivables or any portion thereof; provided, that (a) Master Servicer shall remain liable and responsible for the performance of the duties and obligations of any such Affiliate or Sub-Servicer pursuant to the terms hereof and (b) any Sub-Servicing Agreement that may be entered into with, and any other transactions or services relating to the Transferred Receivables involving, a Sub-Servicer shall be deemed to be between the Sub-Servicer and Master Servicer alone, and Owner shall not be deemed party thereto and shall have no obligations, duties or liabilities with respect to the Sub-Servicer.. 13 Second Amended and Restated Servicing Agreement

Appointment of Master Servicer. Owner hereby appoints Master Servicer as its agent to service the Transferred Receivables and enforce its rights and interests in and under the Transferred Receivables and to serve in such capacity until the termination of its responsibilities pursuant to Sections 5.1 or 6.16. 1. In connection therewith, Master Servicer hereby accepts such appointment and agrees to perform the duties and obligations set forth herein. Master Servicer may delegate any duties to any of its Affiliates without further action or subcontract with a Sub-Servicer for the collection, servicing or administration of the Transferred Receivables or any portion thereof; provided, that that (a) Master Servicer shall remain liable and responsible for the performance of the duties and obligations of any such Affiliate or Sub-Servicer pursuant to the terms hereof and (b) any Sub-Servicing Agreement that may be entered into with, and any other transactions or services relating to the Transferred Receivables involving, a Sub-Servicer shall be deemed to be between the Sub-Servicer and Master Servicer alone, and Owner shall not be deemed party thereto and shall have no obligations, duties or liabilities with respect to the Sub-Servicer.. Servicing Agreement

Appointment of Master Servicer. Owner hereby appoints Master Servicer as its agent to service the Transferred Receivables and enforce its rights and interests in and under the Transferred Receivables and to serve in such capacity until the termination of its responsibilities pursuant to Sections 5.1 or 6.1. In connection therewith, Master Servicer hereby accepts such appointment and agrees to perform the duties and obligations set forth herein. Master Servicer may delegate any duties to any of its Affiliates without further action or subcontract with a Sub-Servicer for the collection, servicing or administration of the Transferred Receivables or any portion thereof; provided, that (a) Master Servicer shall remain liable and responsible for the performance of the duties and obligations of any such Affiliate or Sub-Servicer pursuant to the terms hereof and (b) any Sub-Servicing Agreement that may be entered into with, and any other transactions or services relating to the Transferred Receivables involving, a Sub-Servicer shall be deemed to be between the Sub-Servicer and Master Servicer alone, and Owner shall not be deemed party thereto and shall have no obligations, duties or liabilities with respect to the Sub-Servicer.. 10 Amended and Restated Servicing Agreement