Removal and Replacement; Termination. Upon the occurrence of a Collection Agent Default, SunGard Funding II shall have the right to remove and replace SunGard Parent as Collection Agent. SunGard Parent will cooperate fully in transferring the books, records and functions of the Collection Agent to any successor Collection Agent. This Agreement will terminate on the date when all Obligations under the Transaction Documents are paid in full.
Appears in 2 contracts
Samples: Collection Agent Agreement, Collection Agent Agreement (Sungard Data Systems Inc)
Removal and Replacement; Termination. Upon the occurrence of a Collection Agent Default, SunGard Funding II shall have the right to remove and replace SunGard Parent as Collection Agent. SunGard Parent will cooperate fully in transferring the books, records and functions of the Collection Agent to any successor Collection Agent. This Agreement will terminate on the date when all Obligations and Insurer Obligations under the Transaction Documents are paid in full.
Appears in 2 contracts
Samples: Collection Agent Agreement, Collection Agent Agreement (Sungard Data Systems Inc)