Cooperation with Successor Sample Clauses

Cooperation with Successor. The Servicer covenants and agrees with the Issuer that it will, on an ongoing basis, cooperate with the successor Servicer and provide whatever information is, and take whatever actions are, reasonably necessary to assist the successor Servicer in performing its obligations hereunder.
AutoNDA by SimpleDocs
Cooperation with Successor. The predecessor Servicer covenants and agrees with the Issuer that it will, on an ongoing basis, cooperate with the Issuer and Successor Servicer and provide whatever information is, and take whatever actions are, reasonably necessary to assist the Successor Servicer in performing its obligations hereunder. All reasonable costs and expenses (including reasonable attorney’s fees and expenses) incurred by the predecessor Servicer in connection with this Section 7.05 shall be paid by the Issuer or the Successor Servicer from SRC Collections available under the Indenture, following presentation of reasonable documentation of such costs and expenses.
Cooperation with Successor. The Servicer covenants and agrees with the Issuer that it will, upon the Servicer’s receipt of a Termination Notice pursuant to Section 7.01 or the Servicer’s resignation or removal in accordance with the terms of this Agreement, cooperate with the successor Servicer and provide any requested information as is reasonably necessary to assist the transition of services under this Agreement and the Basic Documents to any successor Servicer.
Cooperation with Successor. The Servicer shall, on an ongoing basis, cooperate with the successor Servicer and provide whatever information is, and take whatever actions are, reasonably necessary to assist the successor Servicer in performing its obligations and duties hereunder.
Cooperation with Successor. 22 ARTICLE VII
Cooperation with Successor. In the event Employer appoints a successor to PNC, PNC shall cooperate as reasonably necessary in transferring files, records, reports and the like, and PNC shall be entitled to reasonable compensation for its services in connection therewith. Notwithstanding any provision of this Agreement (including any Addendum hereto), PNC shall not, without prior written agreement with Employer, be obligated to assist a successor to PNC or otherwise take or continue any action following termination of the Agreement if and to the extent such assistance or action may, in the opinion of PNC, cause PNC to become (or continue to be) a fiduciary with respect to the Plan in any manner.
Cooperation with Successor. In the event Employer appoints a successor to Plan Supervisor, Plan Supervisor shall cooperate as reasonably necessary in transferring files, records, reports and the like, and Plan Supervisor shall be entitled to reasonable compensation for its services in connection therewith. Notwithstanding any provision of this Agreement (including any Addendum hereto), Plan Supervisor shall not, without prior written agreement with Employer, be obligated to assist a successor to Plan Supervisor or otherwise take or continue any action following termination of the Agreement (or of the Addendum for Claim Appeal Determination Services) if and to the extent such assistance or action may, in the opinion of Plan Supervisor, cause Plan Supervisor to become (or continue to be) a fiduciary with respect to the Plan in any manner.
AutoNDA by SimpleDocs
Cooperation with Successor. The Servicer covenants and agrees with the Issuer that it will, on an ongoing basis, cooperate with the successor Servicer and provide whatever information is, and take whatever actions are, reasonably necessary to assist the successor Servicer in performing its obligations hereunder. MISCELLANEOUS PROVISIONS Amendment. This Agreement may be amended in writing by the Servicer and the Issuer with the prior written consent of the Indenture Trustee, the satisfaction of the Rating Agency Condition and, if the contemplated amendment may in the judgment of the PUCT increase ongoing qualified costs, the consent of the PUCT pursuant to Section 8.02. Promptly after the execution of any such amendment or consent, the Issuer shall furnish written notification of the substance of such amendment or consent to each of the Rating Agencies. Prior to the execution of any amendment to this Agreement, the Issuer and the Indenture Trustee shall be entitled to receive and conclusively rely upon an Opinion of Counsel of Independent counsel stating that such amendment is authorized or permitted by this Agreement and upon the Opinion of Counsel from Independent counsel referred to in Section 3.01(c)(i). The Issuer and the Indenture Trustee may, but shall not be obligated to, enter into any such amendment which affects their own rights, duties, indemnities or immunities under this Agreement or otherwise. Notwithstanding Section 8.01(a) or anything to the contrary in this Agreement (including Section 8.02), the Servicer and the Issuer may amend Annex I to this Agreement in writing with prior written notice given to the Indenture Trustee, the PUCT and the Rating Agencies, but without the consent of the Indenture Trustee, any Rating Agency or any Holder, solely to address changes to the Servicer's method of calculating TC Payments as a result of changes to the Servicer's current computerized customer information system, including changes which would replace the remittances contemplated by the estimation procedures set forth in Annex I with remittances of TC Collections determined to have been actually received; provided that any such amendment shall not have a material adverse effect on the Holders of then Outstanding Transition Bonds. If the PUCT adopts a rule or regulation the effect of which is to modify or supplement any provision of this Agreement related to the REP Credit Requirements and the REP Deposit Requirements, this Agreement will be deemed so modified or supplemented on...
Cooperation with Successor. Upon termination of this Agreement for any reason, United shall reasonably cooperate with Customer and the successor administrator in the orderly transition of records to the successor, including agreed upon original claims records relating to Participants. United shall update claims records relating to Participants that are processed during the run-out period. All such updates shall be provided to both Customer and the successor administrator no less frequently than monthly after the termination of this Agreement.

Related to Cooperation with Successor

  • Trustee’s Good Faith Action, Expert Advice, No Bond or Surety The exercise by the Trustees of their powers hereunder shall be binding upon everyone interested in or dealing with the Trust. A Trustee shall be liable to the Trust and to any Shareholder solely for his or her own willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of the office of Trustee, and shall not be liable for errors of judgment or mistakes of fact or law. The Trustees may take advice of counsel or other experts with respect to the meaning and operation of this Declaration of Trust, and shall be under no liability for any act or omission in accordance with such advice nor for failing to follow such advice. The Trustees shall not be required to give any bond as such, nor any surety if a bond is required.

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