has occurred. Any such successor shall carry on the business of the Partnership and Operating Partnership without dissolution. In each case, the admission shall be subject to the successor General Partner executing and delivering to the Partnership an acceptance of all of the terms and conditions of this Agreement and such other documents or instruments as may be required to effect the admission.
has occurred. (1) No reference is made in this chart to the Aggregate Servicing Fee which shall be collected and governed in accordance with the terms of Sections 2.1, 2.3, 6.3 and 6.4 of this Agreement. EXHIBIT B-2(C) PROCESS FOR HANDLING POST CLOSING REQUESTS UPON CLASSIFICATION
has occurred. EXHIBIT B-2(C) PROCESS FOR HANDLING POST CLOSING REQUESTS UPON CLASSIFICATION
has occurred. If in connection with the exercise by the Obligor of any option under this Section 3.02, any series of Notes is to be redeemed, either notice of such redemption shall have been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee shall have been made. Notwithstanding the exercise by the Obligor of its option under Section 3.02(b) with respect to Section 7.01, the obligation of any successor Entity to assume the obligations to the Trustee under Section 5.07 shall not be discharged.
has occurred. As soon as practicable after learning of the Changed Circumstances, the PCA will initiate responsive actions in the manner described in Chapter 10.2.1. If a Wildlife Agency determines that a Changed Circumstance has occurred and that the PCA has not responded as described in Chapter 10.2.1, the Wildlife Agency will so notify the PCA, specifically identifying the Changed Circumstance. As soon as practicable after receiving the Wildlife Agency’s notice, the PCA will initiate responsive actions in the manner described in Chapter 10.2.1. After it has initiated responsive actions to a Changed Circumstance as provided in this Section, the PCA will promptly inform the Wildlife Agencies of its actions. The PCA will continue implementation of any such responsive actions to completion and will describe in its Annual Report for that year the Changed Circumstance and the responsive actions implemented. Subsequent Annual Reports will track the response of the Reserve System and the Covered Species to evaluate whether responsive actions implemented as a result of Changed Circumstances have been effective.
has occurred. If the District determines that one of the triggering conditions has occurred, the District may invoke the contingency reopener by notifying the Association in writing.
has occurred. 5. All terms and conditions of the State Guarantee are met, no event has occurred, as a result of which C&L refuses to allow disbursements under this Agreement and the State Guarantee continues to be valid and in full force and effect.
has occurred. (1) No reference is made in this chart to the Aggregate Servicing Fee which shall be collected and governed in accordance with the terms of Sections 2.1, 2.3, 6.3 and 6.4 of this Agreement.
has occurred. EXHIBIT B-2(C) PROCESS FOR HANDLING POST CLOSING REQUESTS UPON CLASSIFICATION Process for disposition of Post Closing Requests Once Classification is Made. Upon classification of a Post Closing Request into one of the three (3) categories enumerated above, Primary Servicer shall process the Post Closing Request as follows:
has occurred. In consideration of the purchase of a Receivable, the Servicer shall remit the Purchase Amount with respect to such Receivable in the manner specified in Section 9.04. Notwithstanding the foregoing, if SST shall have become the Servicer, it will not be so obligated to purchase such nonconforming Receivables. SST's only obligation to the Trust shall be to make the indemnity in Section 13.02 hereof. The Indenture Trustee and Owner Trustee shall have no duty to conduct any affirmative investigation as to the occurrence of any condition requiring the repurchase of any Receivable pursuant to this Section. The sole remedy of the Owner Trustee, the Trust, or the Secured Parties with respect to the aforementioned breaches shall be to require the Servicer to purchase Receivables pursuant to this Section 8.10; provided, however, that the Servicer shall indemnify the Insurer, the Issuer and the Noteholders and each of their respective officers, employees, directors, agents and representatives against all costs, expenses, losses, damages, claims and liabilities, including reasonable fees and expenses of counsel, which may be asserted against or incurred by any of them as a result of third party claims arising out of the events or facts giving rise to such breach. No predecessor nor successor Servicer shall be responsible for the acts or omissions of any other Servicer. Upon receipt of the Purchase Amount and any related indemnity payments, the Indenture Trustee shall release to the Servicer or its designee the related Receivable File and shall execute and deliver all instruments of transfer or assignment, without recourse, as are prepared by the Servicer and delivered to the Indenture Trustee and are necessary to vest in the Servicer or such designee the Issuer's right, title and interest in the Receivable. Notwithstanding the foregoing, BVAC shall not be required to remit the Purchase Amount in the manner specified in this Section 8.10 with respect to any Receivable repurchased or subject to repurchase by BVAC pursuant to Section 8.08 for the reasons specified in Section 8.08.
