Common use of From the Servicer Termination Date Clause in Contracts

From the Servicer Termination Date. (a) all authority and power of the retiring Servicer under this Agreement shall be terminated and shall be of no further effect;

Appears in 16 contracts

Samples: Servicing Agreement, Servicing Agreement, Servicing Agreement

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From the Servicer Termination Date. (a) all authority and power of the retiring Servicer under this Agreement shall be terminated and shall be of no further effect;; the retiring Servicer shall no longer hold itself out in any way as the agent of any party to this Agreement pursuant to any Transaction Document or this Agreement; the rights and obligations of the retiring Servicer and any obligations of the Issuer, the Seller and the Security Trustee to the retiring Servicer shall cease to exist but the relevant termination shall be without prejudice to:

Appears in 1 contract

Samples: Servicing Agreement

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