Common use of Designation of Sub-Servicer Clause in Contracts

Designation of Sub-Servicer. The Originator has been designated, and has agreed to act as a sub-servicer (the “Sub-Servicer”) for the Buyer in the Buyer’s capacity as the Servicer pursuant to the terms of the Purchase Agreement, (receipt of a complete copy of which is hereby acknowledged by the Originator) and to perform all of the duties and obligations of the Servicer set out in this Agreement and in the Purchase Agreement with respect to all Receivables originated by the Originator, the Related Security related thereto and Collections thereof.

Appears in 2 contracts

Samples: Johnsondiversey Inc, Johnsondiversey Holdings Inc

AutoNDA by SimpleDocs

Designation of Sub-Servicer. The Originator has been designated, and has agreed to act as a sub-servicer (the “Sub-Servicer”) for the Buyer in the Buyer’s capacity as the Servicer pursuant to the terms of the Purchase Agreement, (receipt of a complete copy of which is hereby acknowledged by the Originator) , and to perform all of the duties and obligations of the Servicer set out in this Agreement forth herein and in the Purchase Agreement with respect to all Receivables originated by the Originator, and the Related Security related thereto and Collections thereof.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Johnson Polymer Inc), Receivables Sale Agreement (Johnson Polymer Inc)

AutoNDA by SimpleDocs

Designation of Sub-Servicer. The Originator has been designated, and has agreed to act as actas a sub-servicer (the “Sub-Servicer”) for the Buyer in the Buyer’s capacity as the Servicer pursuant to the terms of the Purchase Agreement, (receipt of a complete copy of which is hereby acknowledged by the Originator) , and to perform all of the duties and obligations of the Servicer set out in this Agreement forth herein and in the Purchase Agreement with respect to all Receivables originated by the Originator, and the Related Security related thereto and Collections thereof.

Appears in 1 contract

Samples: Receivables Sale Agreement (Johnson Polymer Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.