Common use of Appointment of the Servicer Clause in Contracts

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.01. Until the Administrative Agent gives notice to Xxxxx (in accordance with this Section 9.01) of the designation of a new Servicer, Xxxxx is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Event, the Administrative Agent may (with the consent of the Majority Lenders) and shall (at the direction of the Majority Lenders) designate as Servicer any Person (including itself) to succeed Xxxxx or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 4 contracts

Samples: Receivables Financing Agreement (Lamar Media Corp/De), Receivables Financing Agreement (Lamar Media Corp/De), Receivables Financing Agreement (Lamar Media Corp/De)

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Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.01. Until the Administrative Agent gives notice to Xxxxx Media LLC (in accordance with this Section 9.01) of the designation of a new Servicer, Xxxxx Media LLC is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation continuance of a Servicer Termination Eventan Event of Termination, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Media LLC or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (OUTFRONT Media Inc.), Receivables Purchase Agreement (OUTFRONT Media Inc.), Receivables Purchase Agreement (OUTFRONT Media Inc.)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.018.01. Until the Administrative Agent gives notice to Xxxxx (in accordance with Xxxx to the extent permitted by this Section 9.01) 8.01 of the designation of a new Servicer, Xxxxx Xxxx is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Eventan Event of Default, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Xxxx or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 4 contracts

Samples: Receivables Financing Agreement (OLIN Corp), Receivables Financing Agreement (OLIN Corp), Receivables Financing Agreement (OLIN Corp)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.01. Until the Administrative Agent gives notice to Xxxxx O&M Medical (in accordance with this Section 9.01) of the designation of a new Servicer, Xxxxx O&M Medical is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Eventan Event of Default, the Administrative Agent may (with the consent of the Majority Lenders) and shall (at the direction of the Majority Lenders) designate as Servicer any Person (including itself) to succeed Xxxxx O&M Medical or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 3 contracts

Samples: Receivables Financing Agreement (Owens & Minor Inc/Va/), Receivables Financing Agreement (Owens & Minor Inc/Va/), Receivables Financing Agreement (Owens & Minor Inc/Va/)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.01. Until the Administrative Agent gives notice to Xxxxx Xxxxxx (in accordance with this Section 9.01) of the designation of a new Servicer, Xxxxx Xxxxxx is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Eventan Event of Termination, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority Lenders) Group Agents), designate as Servicer any Person (including itself) the Parent or an Affiliate thereof to succeed Xxxxx Xxxxxx or any successor Servicer, on the condition in each case that any the Parent or such Person so designated Affiliate shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Warner Bros. Discovery, Inc.), Receivables Purchase Agreement (Warner Bros. Discovery, Inc.), Receivables Purchase Agreement (Warner Bros. Discovery, Inc.)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.018.01. Until the Administrative Agent gives notice to Xxxxx Xxxxxxx (in accordance with this Section 9.018.01) of the designation of a new Servicer, Xxxxx Xxxxxxx is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Eventan Event of Default, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Xxxxxxx or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 3 contracts

Samples: Receivables Financing Agreement (Traeger, Inc.), Receivables Financing Agreement (TGPX Holdings I LLC), Receivables Financing Agreement (TGPX Holdings I LLC)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.01. Until the Administrative Agent gives notice to Xxxxx First Data (in accordance with this Section 9.01) of the designation of a new Servicer, Xxxxx First Data is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Eventan Event of Default, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx First Data or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 2 contracts

Samples: Receivables Financing Agreement (First Data Corp), Receivables Financing Agreement (First Data Corp)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.01. Until the Administrative Agent gives notice to Xxxxx Xxxxxxx (in accordance with this Section 9.01) of the designation of a new Servicer, Xxxxx Ashland is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination EventDefault, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Xxxxxxx or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Ashland Inc.), Receivables Purchase Agreement (Ashland Inc.)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.01. Until the Administrative Agent gives notice to Xxxxx Foresight (in accordance with this Section 9.01) of the designation of a new Servicer, Xxxxx Foresight is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Eventan Event of Default, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Foresight or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 2 contracts

Samples: Receivables Financing Agreement (Foresight Energy LP), Receivables Financing Agreement (Foresight Energy LP)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.01. Until the Administrative Agent gives notice to Xxxxx Hill-Rom (in accordance with this Section 9.01) of the designation of a new Servicer, Xxxxx Hill-Rom is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Eventan Event of Default, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Hill-Rom or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Hill-Rom Holdings, Inc.), Loan and Security Agreement (Hill-Rom Holdings, Inc.)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.01. Until the Administrative Agent gives notice to Xxxxx Rackspace US (in accordance with this Section 9.01) of the designation of a new Servicer, Xxxxx Rackspace US is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Event, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Rackspace US or any successor Servicer, on the condition in each case that any such Person so designated shall agree in writing to perform the duties and obligations of the Servicer pursuant to the terms hereof. The Servicer shall be entitled to payment of all Servicing Fees and reimbursable expenses accrued prior to the date of such termination.

Appears in 2 contracts

Samples: Receivables Financing Agreement (Rackspace Technology, Inc.), Receivables Financing Agreement (Rackspace Technology, Inc.)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.01. Until the Administrative Agent gives notice to Xxxxx CSCDXC (in accordance with this Section 9.01) of the designation of a new Servicer, Xxxxx CSCDXC is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Eventan Event of Termination, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx CSCDXC or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 2 contracts

Samples: Receivables Purchase Agreement, Receivables Purchase Agreement (DXC Technology Co)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.018.01. Until the Administrative Agent gives notice to Xxxxx the Servicer (in accordance with this Section 9.018.01) of the designation of a new ServicerServicer following an Event of Default, Xxxxx Integra Sales is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Eventan Event of Default, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Integra Sales or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Financing Agreement (Integra Lifesciences Holdings Corp)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.01. Until the Administrative Agent gives notice to Xxxxx Xxxxxx (in accordance with this Section 9.01) of the designation of a new Servicer, Xxxxx Xxxxxx is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation continuance of a Servicer Termination EventDefault, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Xxxxxx or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Newell Brands Inc.)

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Appointment of the Servicer. (a) i.The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.018.01. Until the Administrative Agent gives notice to Xxxxx the Servicer (in accordance with this Section 9.018.01) of the designation of a new ServicerServicer following an Event of Default, Xxxxx Integra Sales is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Eventan Event of Default, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Integra Sales or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Financing Agreement (Integra Lifesciences Holdings Corp)

Appointment of the Servicer. (ai) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.018.01. Until the Administrative Agent gives notice to Xxxxx Xxxxxxx (in accordance with this Section 9.018.01) of the designation of a new Servicer, Xxxxx Xxxxxxx is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Eventan Event of Default, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Xxxxxxx or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Financing Agreement (Traeger, Inc.)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.01. Until the Administrative Agent gives notice to Xxxxx Axxxxxx (in accordance with this Section 9.01) of the designation of a new Servicer, Xxxxx Ashland is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination EventDefault, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Axxxxxx or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ashland Inc.)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.018.01. Until the Administrative Agent gives notice to Xxxxx Applied Industrial (in accordance with this Section 9.018.01) of the designation of a new Servicer, Xxxxx Applied Industrial is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Eventan Event of Default, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Applied Industrial or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Financing Agreement (Applied Industrial Technologies Inc)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.01. Until the Administrative Agent gives notice to Xxxxx Media LLC (in accordance with this 82 Section 9.01) of the designation of a new Servicer, Xxxxx Media LLC is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation continuance of a Servicer Termination Eventan Event of Termination, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Media LLC or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (OUTFRONT Media Inc.)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.01. Until the Administrative Agent gives notice to Xxxxx Chemours (in accordance with this Section 9.01) of the designation of a new Servicer, Xxxxx Chemours is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer an Event of Termination Eventthat is continuing, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Chemours or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Chemours Co)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.018.01. Until the Administrative Agent gives notice to Xxxxx Agiliti (in accordance with this Section 9.018.01) of the designation of a new Servicer, Xxxxx Agiliti is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer 760715600 23750643 pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Eventan Event of Termination, the Administrative Agent may (with the consent of the Majority LendersGroup Agents) and shall (at the direction of the Majority LendersGroup Agents) designate as Servicer any Person (including itself) to succeed Xxxxx Xxxxxxx or any successor Servicer, on the condition in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereof.

Appears in 1 contract

Samples: Receivables Financing Agreement (Agiliti, Inc. \De)

Appointment of the Servicer. (a) The servicing, administering and collection of the Pool Receivables shall be conducted by the Person so designated from time to time as the Servicer in accordance with this Section 9.018.01. Until the Administrative Agent gives notice to Xxxxx Fortrea (in accordance with this Section 9.018.01) of the designation of a new Servicer, Xxxxx Fortrea is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms hereof. Upon the occurrence and during the continuation of a Servicer Termination Eventan Event of Default, the Administrative Agent may (with the consent of the Majority LendersRequired Purchasers) and shall (at the direction of the Majority LendersRequired Purchasers) designate as Servicer any Person (including itself) to succeed Xxxxx Xxxxxxx or any successor Servicer, on such terms and conditions as the condition Administrative Agent may agree in each case that any such Person so designated shall agree to perform the duties and obligations of the Servicer pursuant to the terms hereofits discretion.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fortrea Holdings Inc.)

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