Common use of Backup Servicer Removal Clause in Contracts

Backup Servicer Removal. The Backup Servicer may be removed in connection with a breach by the Backup Servicer in any material respect of any representation, warranty or covenant of the Backup Servicer under this Agreement, or otherwise in the discretion of the Administrative Agent (acting at the direction of the Required Lenders), by 30 days’ prior notice given in writing and delivered to the Backup Servicer from the Administrative Agent (acting LEGAL02/41783784v7 LEGAL02/42659596v2

Appears in 1 contract

Samples: Credit Agreement (Regional Management Corp.)

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Backup Servicer Removal. The Backup Servicer may be removed in connection with a breach by the Backup Servicer in any material respect of any representation, warranty or covenant of the Backup Servicer under this Agreement, or otherwise in the discretion of the Administrative Agent (acting at the direction of the Required Lenders), by 30 days’ prior notice given in writing and delivered to the Backup Servicer from the Administrative Agent (acting LEGAL02/41783784v7 LEGAL02/42659596v2LEGAL02/42658427v2

Appears in 1 contract

Samples: Credit Agreement (Regional Management Corp.)

Backup Servicer Removal. The Backup Servicer may be removed in connection with a breach by the Backup Servicer in any material respect of any representation, warranty or covenant of the Backup Servicer under this Agreement, or otherwise in the discretion of the Administrative Agent (acting at the direction of the Required Lenders), by 30 days’ prior notice given in writing and delivered to the Backup Servicer from the Administrative Agent (acting LEGAL02/41783784v7 LEGAL02/42659596v230

Appears in 1 contract

Samples: Credit Agreement (Regional Management Corp.)

Backup Servicer Removal. The Backup Servicer may be removed in connection with a breach by the Backup Servicer in any material respect of any representation, warranty or covenant of the Backup Servicer under this Agreement, or otherwise in the discretion of the Administrative Agent (acting at the direction of the Required Lenders), by 30 days’ prior notice given in writing and delivered to the Backup Servicer from the Administrative Agent (acting LEGAL02/41783784v7 LEGAL02/42659596v2acting

Appears in 1 contract

Samples: Credit Agreement (Regional Management Corp.)

Backup Servicer Removal. The Backup Servicer may be removed in connection with a breach by the Backup Servicer in any material respect of any representation, warranty warrant or covenant of the Backup Servicer under this Agreement, or otherwise in the discretion of the Administrative Agent (acting at the direction of the Required Lenders)Agent, by 30 days’ prior notice given in writing and delivered to the Backup Servicer from the Administrative Agent (acting LEGAL02/41783784v7 LEGAL02/42659596v2the “

Appears in 1 contract

Samples: Loan and Security Agreement (DT Acceptance Corp)

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Backup Servicer Removal. The Backup Servicer may be removed in connection with a breach by the Backup Servicer in any material respect of any representation, warranty or covenant of the Backup Servicer under this Agreement, or otherwise in the discretion of the Administrative Agent (acting at the direction of the Required Lenders), by 30 thirty (30) days’ prior notice given in writing and delivered to the Backup Servicer from the Administrative Agent (acting LEGAL02/41783784v7 LEGAL02/42659596v2

Appears in 1 contract

Samples: Credit Agreement (CURO Group Holdings Corp.)

Backup Servicer Removal. The Backup Servicer may be removed in connection with a breach by the Backup Servicer in any material respect of any representation, warranty warrant or covenant of the Backup Servicer under this Agreement, or otherwise in the discretion of the Administrative Agent (acting at the direction of the Required Majority Lenders), by 30 days’ prior notice given in writing and delivered to the Backup Servicer from the Administrative Agent (acting LEGAL02/41783784v7 LEGAL02/42659596v2a “

Appears in 1 contract

Samples: Warehouse Agreement (Flagship Credit Corp.)

Backup Servicer Removal. The Backup Servicer may be removed in connection with a breach by the Backup Servicer in any material respect of any representation, warranty or covenant of the Backup Servicer under this Agreement, or otherwise in the discretion of the Administrative Agent (acting at the direction of the Required Lenders), by 30 days’ prior notice given in writing and delivered to the Backup Servicer from the Administrative Agent (acting LEGAL02/41783784v7 LEGAL02/42659596v2LEGAL02/4049656702/41783784v137 LEGAL02/40496567v15 LEGAL02/41254404v5 LEGAL02/42659188v3

Appears in 1 contract

Samples: Credit Agreement (Regional Management Corp.)

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