Notice of Delegation of Servicer’s Duties. The Borrower promptly shall notify the Collateral Agent of any delegation by the Servicer of any of the Servicer’s duties under this Agreement which is not in the ordinary course of business of the Servicer.
Appears in 22 contracts
Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)
Notice of Delegation of Servicer’s Duties. The Borrower promptly shall notify the Deal Agent, the Collateral Agent and the Lenders of any delegation by the Servicer of any of the Servicer’s duties under this Agreement which is not in the ordinary course of business of the Servicer.
Appears in 7 contracts
Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)
Notice of Delegation of Servicer’s Duties. The Borrower promptly shall notify the Collateral Agent of any delegation by the Servicer of any of the Servicer’s 's duties under this Agreement which is not in the ordinary course of business of the Servicer.
Appears in 3 contracts
Samples: Loan and Security Agreement (Credit Acceptance Corporation), Loan and Security Agreement (Credit Acceptance Corporation), Loan and Security Agreement (Credit Acceptance Corporation)
Notice of Delegation of Servicer’s Duties. The Borrower promptly shall notify the Collateral Agent and the Deal Agent of any material delegation by the Servicer of any of the Servicer’s duties under this Agreement which is not in the ordinary course of business of the Servicer.
Appears in 2 contracts
Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)
Notice of Delegation of Servicer’s Duties. The Borrower Debtor promptly shall notify the Collateral Agent of any delegation by the Servicer of any of the Servicer’s 's duties under this Agreement or the Note Purchase which is not in the ordinary course of business of the Servicer.
Appears in 2 contracts
Samples: Security Agreement (Credit Acceptance Corporation), Security Agreement (Credit Acceptance Corporation)
Notice of Delegation of Servicer’s Duties. The Borrower promptly shall notify the Collateral Agent of any material delegation by the Servicer of any of the Servicer’s 's duties under this Agreement which is not in the ordinary course of business of the Servicer.
Appears in 2 contracts
Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)
Notice of Delegation of Servicer’s Duties. The Borrower promptly shall notify the Collateral Agent and the Deal Agent of any delegation by the Servicer of any of the Servicer’s duties under this Agreement which is not in the ordinary course of business of the Servicer.
Appears in 2 contracts
Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corporation)