Common use of Merger or Consolidation of, or Assumption of the Obligations of, Servicer Clause in Contracts

Merger or Consolidation of, or Assumption of the Obligations of, Servicer. The Servicer shall not consolidate with or merge into any other corporation or convey or transfer its properties and assets substantially as an entirety to any Person unless:

Appears in 16 contracts

Samples: Indenture and Servicing Agreement (Travel & Leisure Co.), Indenture and Servicing Agreement (Wyndham Destinations, Inc.), Indenture and Servicing Agreement (Wyndham Worldwide Corp)

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Merger or Consolidation of, or Assumption of the Obligations of, Servicer. The (a) Servicer shall not consolidate with or merge into any other corporation Person or convey or transfer its properties and assets substantially as an entirety to any Person Person, unless:

Appears in 16 contracts

Samples: Servicing Agreement (Bread Financial Holdings, Inc.), Transfer and Servicing Agreement (First National Funding LLC), Transfer and Servicing Agreement (First National Funding LLC)

Merger or Consolidation of, or Assumption of the Obligations of, Servicer. The (a) Servicer shall not consolidate with or merge into any other corporation or convey or transfer its properties and assets substantially as an entirety to any Person Person, unless:

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Alliance Data Systems Corp), Pooling and Servicing Agreement (World Financial Network Credit Card Master Trust), Pooling and Servicing Agreement (World Financial Network Credit Card Master Trust)

Merger or Consolidation of, or Assumption of the Obligations of, Servicer. The Servicer shall not consolidate with or merge into any other corporation Person or convey or transfer its properties and assets substantially as an entirety to any Person unless:

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Commercial Credit, Inc.), Sale and Servicing Agreement (Commercial Credit, Inc.), Sale and Servicing Agreement (Commercial Credit, Inc.)

Merger or Consolidation of, or Assumption of the Obligations of, Servicer. The Servicer shall not consolidate with or merge into any other corporation or convey or transfer its properties and assets substantially as an entirety to any Person Person, unless:

Appears in 2 contracts

Samples: Credit Agreement (Fairfield Communities Inc), Loan Agreement (Ag Services of America Inc)

Merger or Consolidation of, or Assumption of the Obligations of, Servicer. The Servicer shall not consolidate with or merge into any other corporation or convey or transfer its properties and assets substantially as an entirety to any Person Person, unless:

Appears in 2 contracts

Samples: Sale and Servicing (Bank One Auto Securitization Trust 2003-1), Sale and Servicing (Bank One Auto Securitization LLC)

Merger or Consolidation of, or Assumption of the Obligations of, Servicer. The Servicer shall not consolidate with or merge into any other corporation Person or convey or transfer its properties and assets (not including assets conveyed or transferred through a financing or securitization program) substantially as an entirety to any Person Person, unless:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mellon Premium Finance Loan Owner Trust)

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Merger or Consolidation of, or Assumption of the Obligations of, Servicer. The Servicer shall not consolidate with or merge into any other corporation Person or convey or transfer its properties and assets (not including assets conveyed or transferred through a financing or securitization program) substantially as an entirety to any Person Person, unless:

Appears in 1 contract

Samples: Mellon Bank Premium Finance Loan Master Trust

Merger or Consolidation of, or Assumption of the Obligations of, Servicer. The Servicer shall not consolidate with or merge into any other corporation Person or convey or transfer its properties and assets substantially as an entirety to any Person Person, unless:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First National Bank of Commerce)

Merger or Consolidation of, or Assumption of the Obligations of, Servicer. The Servicer shall not consolidate with or merge into any other corporation or other Person or convey or transfer its properties and assets substantially as an entirety or ownership to any Person Person, unless:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Rockford Industries Inc)

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