Backup Servicer. (a) On or before the date on which the initial Purchase occurs, until the receipt by the Servicer of a Termination Notice, the Backup Servicer shall perform, on behalf of the Deal Agent and the Secured Parties, the following duties and obligations:
Appears in 7 contracts
Samples: Purchase and Servicing Agreement (First International Bancorp Inc), Receivables Purchase Agreement (American Business Financial Services Inc /De/), Loan Purchase and Servicing Agreement (First International Bancorp Inc)
Backup Servicer. (a) On or before the date on which the initial Purchase occurs, Advance occurs and until the receipt by the Servicer of a Termination Notice, the Backup Servicer shall perform, on behalf of the Deal Agent and the Secured Parties, the following duties and obligations:
Appears in 1 contract
Samples: Loan Funding and Servicing Agreement (Healthcare Financial Partners Inc)
