Common use of Duties and Obligations of Successor Servicer Clause in Contracts

Duties and Obligations of Successor Servicer. Upon its appointment, the Successor Servicer shall be the successor in all respects to the Servicer with respect to servicing functions under this Indenture and shall be subject to all the responsibilities and duties relating thereto placed on the Servicer by the terms and provisions hereof, and all references in this Indenture to the Servicer shall be deemed to refer to the Successor Servicer.

Appears in 17 contracts

Samples: Indenture and Servicing Agreement (Travel & Leisure Co.), Indenture and Servicing Agreement (Travel & Leisure Co.), Indenture and Servicing Agreement (Wyndham Destinations, Inc.)

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Duties and Obligations of Successor Servicer. Upon its appointment, the Successor Servicer shall be the successor in all respects to the Servicer with respect to servicing functions under this Indenture Agreement and shall be subject to all the responsibilities and duties relating thereto placed on the Servicer by the terms and provisions hereof, and all references in this Indenture Agreement to the Servicer shall be deemed to refer to the Successor Servicer.

Appears in 2 contracts

Samples: Indenture and Servicing Agreement (Cendant Corp), Loan and Security Agreement (Equivest Finance Inc)

Duties and Obligations of Successor Servicer. Upon its appointment, -------------------------------------------- the Successor Servicer shall be the successor in all respects to the Servicer with respect to servicing functions under this Indenture Agreement and shall be subject to all the responsibilities and duties relating thereto placed on the Servicer by the terms and provisions hereof, and all references in this Indenture Agreement to the Servicer shall be deemed to refer to the Successor Servicer.

Appears in 1 contract

Samples: Pledge and Servicing Agreement (Fairfield Communities Inc)

Duties and Obligations of Successor Servicer. Upon its ---------------------------------------------------- appointment, the Successor Servicer shall be the successor in all respects to the Servicer with respect to servicing functions under this Indenture Credit Agreement and shall be subject to all the responsibilities and duties relating thereto placed on the Servicer by the terms and provisions hereof, and all references in this Indenture Credit Agreement to the Servicer shall be deemed to refer to the Successor Servicer.

Appears in 1 contract

Samples: Credit Agreement (Fairfield Communities Inc)

Duties and Obligations of Successor Servicer. Upon its appointment, the Successor Servicer shall be the successor in all respects to the Servicer with respect to servicing functions under this Indenture Credit Agreement and shall be subject to all the responsibilities and duties relating thereto placed on the Servicer by the terms and provisions hereof, and all references in this Indenture Credit Agreement to the Servicer shall be deemed to refer to the Successor Servicer.

Appears in 1 contract

Samples: Credit Agreement (Fairfield Communities Inc)

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Duties and Obligations of Successor Servicer. Upon its appointment, the -------------------------------------------- Successor Servicer shall be the successor in all respects to the Servicer with respect to servicing functions under this Indenture Credit Agreement and shall be subject to all the responsibilities and duties relating thereto placed on the Servicer by the terms and provisions hereof, and all references in this Indenture Credit Agreement to the Servicer shall be deemed to refer to the Successor Servicer.

Appears in 1 contract

Samples: Credit Agreement (Fairfield Communities Inc)

Duties and Obligations of Successor Servicer. Upon its appointment, the Successor Servicer shall be the successor suc- cessor in all respects to the Servicer with respect to servicing functions under this Indenture Credit Agreement and shall be subject to all the responsibilities and duties relating thereto placed on the Servicer by the terms and provisions hereof, and all references in this Indenture Credit Agreement to the Servicer shall be deemed to refer to the Successor Servicer.

Appears in 1 contract

Samples: Loan Agreement (Ag Services of America Inc)

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