Common use of Execution, Amendment, Modification or Termination of Asset Documents Clause in Contracts

Execution, Amendment, Modification or Termination of Asset Documents. (a) If (i) any agreement, instrument or other document becomes an Asset Document or any Asset Document shall have been amended, modified or terminated and (ii) the Servicer was not substantially involved in the preparation and execution of such new, amended, modified or terminated agreement, instrument or other document, WEST shall deliver written notice thereof to the Servicer together with (A) in the case of any newly executed Asset Document, a true and complete copy of such Asset Document, a list of all Assets to which it relates and a description, in reasonable detail, of the relevance of such Asset Document to such Assets or (B) in the case of any amendment, modification or termination of an Asset Document, a true and complete copy of any related agreement, instrument or other document. (b) WEST shall promptly deliver to the Servicer a complete copy of the Indenture. (c) At all times, WEST shall promptly notify the Servicer of the name, identity and contact details of the Controlling Trustees and of any changes thereto and any other relevant information relating to such Controlling Trustees reasonably requested by the Servicer.

Appears in 4 contracts

Samples: Servicing Agreement (Willis Lease Finance Corp), Servicing Agreement, Servicing Agreement (Willis Lease Finance Corp)

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Execution, Amendment, Modification or Termination of Asset Documents. #4822-6868-4260v2 (a) If (i) any agreement, instrument or other document becomes an Asset Document or any Asset Document shall have been amended, modified or terminated and (ii) the Servicer was not substantially involved in the preparation and execution of such new, amended, modified or terminated agreement, instrument or other document, WEST shall deliver written notice thereof to the Servicer together with (A) in the case of any newly executed Asset Document, a true and complete copy of such Asset Document, a list of all Assets to which it relates and a description, in reasonable detail, of the relevance of such Asset Document to such Assets or (B) in the case of any amendment, modification or termination of an Asset Document, a true and complete copy of any related agreement, instrument or other document. (b) WEST shall promptly deliver to the Servicer a complete copy of the Indenture. (c) At all times, WEST shall promptly notify the Servicer of the name, identity and contact details of the Controlling Trustees and of any changes thereto and any other relevant information relating to such Controlling Trustees reasonably requested by the Servicer.

Appears in 1 contract

Samples: Servicing Agreement (Willis Lease Finance Corp)

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