Effect of Servicing Transfer. (a) After the transfer of servicing hereunder, the Trustee or the successor servicer shall notify Obligors to make directly to the successor servicer payments that are due under the Receivables after the effective date of such transfer. (b) Except as provided in Sections 8.2 and 10.8 after the transfer of servicing hereunder, the outgoing Servicer shall have no further obligations with respect to the management, administration, servicing, custody or collection of the Receivables and the successor servicer shall have all of such obligations, except that the outgoing Servicer will transmit or cause to be transmitted directly to the successor servicer for its own account, promptly on receipt and in the same form in which received, any amounts held by the outgoing Servicer (properly endorsed where required for the successor servicer to collect any such items) received as payments upon or otherwise in connection with the Receivables and the outgoing Servicer shall continue to cooperate with the successor servicer by providing information and in the enforcement of the Dealer Agreements, the Dealer Assignments and the Insurance Policies. (c) A transfer of servicing hereunder shall not affect the rights and duties of the parties hereunder (including the obligations and indemnities of the Seller pursuant to Sections 2.4, 3.3, 7.1 and 7.2 or, with respect to obligations and indemnities arising prior to, or concurrently with, a transfer of servicing hereunder, the outgoing Servicer pursuant to Section 3.7, 8.1 or 8.
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Samples: Pooling and Servicing Agreement (First Security Bank Na), Pooling and Servicing Agreement (First Security Auto Grantor Trust 1997-A), Pooling and Servicing Agreement (First Security Corp /Ut/)
