Common use of Replacement Servicer Clause in Contracts

Replacement Servicer. For the avoidance of doubt, the Security Trustee shall not be under any obligation to take steps to appoint any replacement Servicer in the event that any such person shall resign or have their appointments terminated in accordance with the terms of any relevant Transaction Documents.

Appears in 1 contract

Samples: Security Trust Deed (Turquoise Receivables Trustee LTD)

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Replacement Servicer. For the avoidance of doubt, the Security Trustee shall not be under any obligation to take steps to appoint any replacement Servicer in the event that any such person shall resign or have their appointments appointment terminated in accordance with the terms of any relevant Transaction Relevant Documents.

Appears in 1 contract

Samples: Security Trust Deed and Cash Management Agreement

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Replacement Servicer. For the avoidance of doubt, the Security Trustee shall not be under any obligation to take steps to appoint any replacement Servicer in the event that any such person shall resign or have their appointments terminated in accordance with the terms of any relevant Transaction Relevant Documents.

Appears in 1 contract

Samples: Security Trust Deed and Cash Management Agreement

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