Management Manual. The Servicer will (i) comply in all material respects with the Management Manual in regard to each Transferred Loan and (ii) furnish to the Facility Agent and each Managing Agent, at least 20 days prior to its proposed effective date, prompt notice of any material change in the Management Manual. The Servicer will not agree or otherwise permit to occur any material change in the Management Manual, which change would impair the collectibility of any Transferred Loan or otherwise adversely affect the interests or remedies of the Facility Agent or the Secured Parties under this Agreement or any other Transaction Document, without the prior written consent of the Facility Agent (in its sole discretion) and satisfaction of the Rating Condition.
Management Manual. The Borrower will (a) comply in all material respects with the Management Manual in regard to each Loan and the Related Property included in the Collateral, and (b) furnish to the Facility Agent and each Managing Agent at least 20 days prior to its proposed effective date, prompt notice of any material changes in the Management Manual. The Borrower will not agree or otherwise permit to occur any material change in the Management Manual, which change would impair the collectibility of any Loan or otherwise adversely affect the interests or remedies of the Facility Agent or the Secured Parties under this Agreement or any other Transaction Document, without the prior written consent of the Facility Agent (in its sole discretion) and subject to satisfaction of the Rating Condition.
Management Manual. (i) With respect to the Originator, the Borrower and the initial Servicer, those credit, collection, customer relation and service policies existing as of the Second Restatement Effective Date relating to the Loans and related Loan Documents, consisting of the Subservicer’s investment management manual, as updated May 18, 2007, and the Subservicer’s post-closing portfolio management manual, as updated May 18, 2007, each as on file with the Facility Agent and the Documentation Agent and as each of the same may be amended, supplemented or otherwise modified from time to time in accordance with Sections 5.1(q) and 7.9(f); and (ii) with respect to any Successor Servicer, the collection procedures and policies of such person (as approved by the Facility Agent) at the time such Person becomes Successor Servicer.
Management Manual. With respect to the Originator, the Borrower and the initial Servicer, those credit, collection, customer relation and service policies existing as of the date hereof relating to the Loans and related Loan Documents, consisting of the Subservicer’s investment management manual, as updated May 18, 2007 and the Subservicer’s post-closing portfolio management manual, as updated May 18, 2007, each as on file with the Administrative Agent and as the same may be amended or modified from time to time in accordance with Sections 5.1(q) and 7.9(f); and (ii) with respect to any Successor Servicer, the collection procedures and policies of such person (as approved by the Administrative Agent) at the time such Person becomes Successor Servicer.
Management Manual. The Borrower will (a) comply in all material respects with the Management Manual in regard to each Loan and the Related Property included in the Collateral, and (b) furnish to the Administrative Agent at least 20 days prior to its proposed effective date, prompt notice of any material changes in the Management Manual. The Borrower will not agree or otherwise permit to occur any material change in the Management Manual, which change would impair the collectibility of any Loan or otherwise adversely affect the interests or remedies of the Administrative Agent or the Secured Parties under this Agreement or any other Transaction Document, without the prior written consent of the Administrative Agent (in its sole discretion).
Management Manual. The Servicer will (i) comply in all material respects with the Management Manual in regard to each Transferred Loan and (ii) furnish to the Administrative Agent, at least 20 days prior to its proposed effective date, prompt notice of any material change in the Management Manual. The Servicer will not agree or otherwise permit to occur any material change in the Management Manual, which change would impair the collectibility of any Transferred Loan or otherwise adversely affect the interests or remedies of the Administrative Agent or the Secured Parties under this Agreement or any other Transaction Document, without the prior written consent of the Administrative Agent (in its sole discretion).
Management Manual. Within thirty (30) days of the Migration Date, ALTEC shall deliver to the Customer Representative portions of a management manual (collectively, the "Management Manual") applicable to Services ALTEC commenced performing as of each such date. The Management Manual will describe the manner in which ALTEC and the Customers interact on an ongoing basis. ALTEC shall perform all Services in accordance with the Management Manual, except that this Service Agreement shall govern in the event of any conflict between the Management Manual and this Service Agreement. The Management Manual shall be prepared at a level of detail suitable for use by an officer of a Customer to gain a general understanding of the Services. ALTEC shall periodically update the Management Manual to reflect any material changes in the operations or procedures described in the Management Manual and submit the updated version to the Customer Representative. Where appropriate, ALTEC will consider in good faith any changes in the Management Manual proposed by the Customer Representative. The Management Manual shall be and remain the property of ALTEC, and shall be provided to the Customer Representative solely for the internal use of the Customers. ALTEC consents to the reproduction of the Management Manual by the Customers solely for the benefit of the Customers in accordance with this Service Agreement.
