Common use of Delegation by the Subservicer Clause in Contracts

Delegation by the Subservicer. Except as otherwise provided in a Program Portfolio Schedule, the Subservicer may, at any time with notice to the Servicer but without consent of the Servicer, delegate (a) any or all of its duties under this Agreement or any Program Portfolio Schedule to any of its Affiliates or (b) specific duties to sub-contractors who are in the business of performing such duties; provided, that no such delegation shall relieve the Subservicer of its responsibility with respect to such duties and the Subservicer shall remain obligated and liable to the Servicer for its duties hereunder as if the Subservicer alone were performing such duties. For any servicing activities delegated to third parties in accordance with this Section 3.8, the Subservicer shall follow such policies and procedures to monitor the performance of such third parties and compliance with such servicing activities as the Subservicer follows with respect to comparable receivables serviced by the Subservicer directly for itself and others.

Appears in 4 contracts

Samples: Servicing Agreement (Santander Drive Auto Receivables LLC), Servicing Agreement (Santander Drive Auto Receivables LLC), Servicing Agreement (Santander Drive Auto Receivables LLC)

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