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; (b) 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; (c) 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: (i) any liabilities or obligations of the retiring Servicer to the Issuer, the Seller or the Security Trustee or any successor servicer incurred or arising up to the Servicer Termination Date; (ii) any liabilities or obligations of the Issuer, the Seller or the Security Trustee to the retiring Servicer incurred or arising up to the Servicer Termination Date; (iii) the retiring Servicer's obligation to deliver documents and materials in accordance with clause 6.14.
Appears in 8 contracts
Samples: Servicing Agreement, Deed of Amendment and Restatement, Servicing Agreement
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;
(b) 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;
(c) 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:
(i) any liabilities or obligations of the retiring Servicer to the Issuer, the Seller or the Security Trustee or any successor servicer incurred or arising up to the Servicer Termination Date;
(ii) any liabilities or obligations of the Issuer, the Seller or the Security Trustee to the retiring Servicer incurred or arising up to the Servicer Termination Date;
(iii) the retiring Servicer's obligation to deliver documents and materials in accordance with clause Clause 6.14.
Appears in 2 contracts
Samples: Servicing Agreement, Servicing Agreement
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;
(b) the retiring Servicer shall no longer hold itself out in any way as the agent of any party to this the Agreement pursuant to any Transaction Document or this Agreement;
(c) 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:
(i) any liabilities or obligations of the retiring Servicer to the Issuer, the Seller or the Security Trustee or any successor servicer incurred or arising up to the Servicer Termination Date;
(ii) any liabilities or obligations of the Issuer, the Seller or the Security Trustee to the retiring Servicer incurred or arising up to the Servicer Termination Date;
(iii) the retiring Servicer's obligation to deliver documents and materials in accordance with clause 6.14.
Appears in 2 contracts
Samples: Servicing Agreement, Servicing Agreement
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;
(b) 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;
(c) the rights and obligations of the retiring Servicer and any obligations of the Issuer, each of the Seller Sellers and the Security Trustee to the retiring Servicer shall cease to exist but the relevant termination shall be without prejudice to:
(i) any liabilities or obligations of the retiring Servicer to the Issuer, each of the Seller Sellers or the Security Trustee or any successor servicer incurred or arising up to the Servicer Termination Date;
(ii) any liabilities or obligations of the Issuer, each of the Seller Sellers or the Security Trustee to the retiring Servicer incurred or arising up to the Servicer Termination Date;
(iii) the retiring Servicer's obligation to deliver documents and materials in accordance with clause 6.14.
Appears in 2 contracts
Samples: Servicing Agreement, Servicing Agreement
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;
(b) 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;
(c) 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:
(i) any liabilities or obligations of the retiring Servicer to the Issuer, the Seller or the Security Trustee or any successor servicer incurred or arising up to the Servicer Termination Date;
(ii) any liabilities or obligations of the Issuer, the Seller or the Security Trustee to the retiring Servicer incurred or arising up to the Servicer Termination Date;
(iii) the retiring Servicer's obligation to deliver documents and materials in accordance with clause 6.14.
Appears in 1 contract
Samples: Servicing Agreement
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;
(b) 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;
(c) 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:
(i) any liabilities or obligations of the retiring Servicer to the Issuer, the Seller or the Security Trustee or any successor servicer incurred or arising up to the Servicer Termination Date;
(ii) any liabilities or obligations of the Issuer, the Seller or the Security Trustee to the retiring Servicer incurred or arising up to the Servicer Termination Date;
(iii) the retiring Servicer's obligation to deliver documents and materials in accordance with clause Clause 6.14.
Appears in 1 contract
Samples: Servicing Agreement
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;
(b) ; 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;
(c) ; 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:
(i) any liabilities or obligations of the retiring Servicer to the Issuer, the Seller or the Security Trustee or any successor servicer incurred or arising up to the Servicer Termination Date;
(ii) any liabilities or obligations of the Issuer, the Seller or the Security Trustee to the retiring Servicer incurred or arising up to the Servicer Termination Date;
(iii) the retiring Servicer's obligation to deliver documents and materials in accordance with clause 6.14.
Appears in 1 contract
Samples: Servicing Agreement