No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer from time to time pursuant to Section 5.01 or upon any appointment of a successor to the Servicer, all the rights, powers, duties and obligations of the Issuer under this Agreement or under the Indenture shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the Indenture.
Appears in 5 contracts
Samples: Servicing Agreement (Mid State Trust Vi), Servicing Agreement (Mid-State Homes Inc), Servicing Agreement (Trust, Asset Backed Notes)
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer from time to time pursuant to Section 5.01 6.01 hereof or upon any appointment of a successor to the Servicer, all the rights, powers, duties and obligations of the Issuer and the Trustee under this Agreement or under the Indenture shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the Indenture.
Appears in 3 contracts
Samples: Servicing Agreement (Main Place Funding LLC), Servicing Agreement (Main Place Funding LLC), Servicing Agreement (Main Place Real Estate Investment Trust /Md/)
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer from time to time pursuant to Section 5.01 6.01 hereof or upon any appointment of a successor to the Servicer, all the rights, powers, duties and obligations of the Issuer Owner under this Agreement or under the Indenture shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the IndentureAgreement.
Appears in 2 contracts
Samples: Servicing Agreement (Main Place Real Estate Investment Trust /Md/), Servicing Agreement (Main Place Real Estate Investment Trust /Md/)
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer from time to time pursuant to Section 5.01 6.01 hereof, or upon any appointment of a successor to the Servicer, all the rights, powers, duties and obligations of the Issuer other parties under this Agreement, the Trust and Security Agreement, and the Lease Acquisition Agreement or under the Indenture shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the Indenture.
Appears in 2 contracts
Samples: Servicing Agreement (Granite Financial Inc), Servicing Agreement (Granite Financial Inc)
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer from time to time pursuant to Section 5.01 6.1 or upon any appointment of a successor to the Successor Servicer, all the rights, powers, duties duties, obligations, and obligations responsibilities of the Issuer Securitization Entities or the Indenture Trustee under this Agreement or under Agreement, the Indenture and the other Transactions Documents shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the Indenture.
Appears in 2 contracts
Samples: Servicing Agreement (Ihop Corp), Servicing Agreement (Ihop Corp)
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer from time to time pursuant to Section 5.01 6.01 hereof, or upon any appointment of a successor to the Servicer, all the rights, powers, duties and obligations of the Issuer other parties under this Agreement or under Agreement, the Indenture and the Contract Acquisition Agreement shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the Indenture.
Appears in 2 contracts
Samples: Servicing Agreement (Microfinancial Inc), Servicing Agreement (Microfinancial Inc)
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer, the Special Servicer from time to time or the Servicing Advisor pursuant to Section 5.01 6.01 or Section 6.02, or upon any appointment of a successor to the Successor Servicer, all the rights, powers, duties and obligations of the Issuer under this Agreement or other parties under the Indenture Transaction Documents shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the Indenture.
Appears in 2 contracts
Samples: Servicing Agreement (Point West Capital Corp), Servicing Agreement (Point West Capital Corp)
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer from time to time pursuant to Section 5.01 5.1 or upon any appointment of a successor to the Servicer, all the rights, powers, duties and obligations of the Issuer under this Agreement or under Trustee, in its capacity as the Indenture Trustee hereunder, shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the IndentureServicing Agreement.
Appears in 1 contract
Samples: Servicing Agreement (Sunterra Corp)
No Effect on Other Parties. Upon giving effect to the resignation of the Servicer pursuant to Section 4.03 or any termination of the rights and powers of the Servicer from time to time pursuant to Section 5.01 or 5.02, or upon any appointment of a successor to the Servicer, all the rights, powers, duties and obligations of the Issuer Lender under this Agreement or under the Indenture shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the IndentureAgreement.
Appears in 1 contract
Samples: Intercreditor Agreement (Otter Tail Ag Enterprises, LLC)
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer from time to time pursuant to Section 5.01 Sections 7.01 or 8.01(b) hereof, or upon any appointment of a successor to the Servicer, all the rights, powers, duties and obligations of the Issuer other parties under this Agreement or under and the Amended and Restated Indenture shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the Indenture.effect. MISCELLANEOUS -------------
Appears in 1 contract
Samples: Contribution, Sale and Servicing Agreement (Point West Capital Corp)
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer from time to time pursuant to Section 5.01 6.01, or upon any appointment of a successor to the Servicer, all the rights, powers, duties and obligations of the Issuer other parties under this Agreement, 29 30 the Indenture, and the Contribution Agreement or under the Indenture shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the Indenture.
Appears in 1 contract
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer Servicer, the Custodian or the Servicing Advisor from time to time pursuant to Section 5.01 5.1 or upon any appointment of a successor to the Servicer, the Custodian or to the Servicing Advisor, all the rights, powers, duties and obligations of the Issuer Issuer, the Credit Enhancer or the Indenture Trustee under this Agreement or under the Indenture shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the Indenture.
Appears in 1 contract
Samples: Servicing and Custodial Agreement (Atherton Capital Inc)
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer from time to time pursuant to Section 5.01 6.01, or upon any appointment of a successor to the Servicer, all the rights, powers, duties and obligations of the Issuer other parties under this Agreement, the Indenture, the Contribution Agreement or under and the Indenture Purchase Agreement shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the Indenture.
Appears in 1 contract
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer from time to time pursuant to Section 5.01 5.1 or upon any appointment of a successor to the Servicer, all the rights, powers, duties and obligations of the Issuer or the Indenture Trustee under this Agreement or under the Indenture shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the Indenture.
Appears in 1 contract
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer from time to time pursuant to Section 5.01 6.01 hereof, or upon any appointment of a successor to the Servicer, all the rights, powers, duties and obligations of the Issuer other parties under this Agreement, the Indenture, and the Lease Acquisition Agreement or under the Indenture shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the Indenture.
Appears in 1 contract
Samples: Servicing Agreement (Nova Corp \Ga\)
No Effect on Other Parties. Upon any termination of the rights and powers of the Servicer from time to time pursuant to Section 5.01 6.01 hereof, or upon any appointment of a successor to the Servicer, all the rights, powers, duties and obligations of the Issuer other parties under this Agreement, the Trust and Security Agreement, and the Lease Acquisition Agreement or under the Indenture shall remain unaffected by such termination or appointment and shall remain in full force and effect thereafter, except as otherwise expressly provided in this Agreement or in the Indenture.. ARTICLE 7 THE BACK-UP SERVICER Section
Appears in 1 contract
