Report on Proceedings. promptly upon the Servicer's becoming aware of (1) any proposed or pending investigation of it by any governmental authority or agency, or (2) any court or administrative proceeding which involves or may involve the possibility of materially and adversely affecting the properties, business, prospects, profits or conditions (financial or otherwise) of the Servicer, a written notice specifying the nature of such investigation or proceeding and what action the Servicer is taking or proposes to take with respect thereto and evaluating its merits; and
Appears in 8 contracts
Samples: Sales and Servicing Agreement (Copelco Capital Funding Corp X), Sales Contracts (Copelco Capital Funding Corp X), Sales Contracts (Copelco Capital Funding Corp X)
Report on Proceedings. promptly upon the Servicer's Servicer becoming --------------------- aware of
(1) any proposed or pending investigation of it by any governmental authority or agency, or
(2) any court or administrative proceeding which involves or may involve the possibility of materially and adversely affecting the properties, business, prospects, profits or conditions (financial or otherwise) of the Servicer, a written notice specifying the nature of such investigation or proceeding and what action the Servicer is taking or proposes to take with respect thereto and evaluating its merits; and.
Appears in 4 contracts
Samples: Assignment and Servicing Agreement (Ikon Receivables LLC), Assignment and Servicing Agreement (Ikon Receivables LLC), Assignment and Servicing Agreement (Ikon Receivables LLC)
Report on Proceedings. promptly upon the Servicer's becoming aware of
(1) any proposed or pending investigation of it by any governmental authority or agency, or
(2) any court or administrative proceeding which involves or may involve the possibility of materially and adversely affecting affect the properties, business, prospects, profits or conditions (financial or otherwise) of the Servicer, a written notice specifying the nature of such investigation or proceeding and what action the Servicer is taking or proposes to take with respect thereto and evaluating its merits; and
Appears in 2 contracts
Samples: Servicing Agreement (Charter Equipment Lease 1998-1 LLC), Servicing Agreement (Charter Equipment Lease 1998-1 LLC)
Report on Proceedings. promptly upon the Servicer's Servicer becoming aware of
(1) any proposed or pending investigation of it by any governmental authority or agency, or
(2) any court or administrative proceeding which involves or may involve the possibility of materially and adversely affecting the properties, business, prospects, profits or conditions (financial or otherwise) of the Servicer, a written notice specifying the nature of such investigation or proceeding and what action the Servicer is taking or proposes to take with respect thereto and evaluating its merits; and.
Appears in 2 contracts
Samples: Assignment and Servicing Agreement (Ikon Receivables Funding LLC), Assignment and Servicing Agreement (Ikon Receivables Funding LLC)
Report on Proceedings. promptly upon the Servicer's Servicer becoming aware --------------------- of
(1) any proposed or pending investigation of it by any governmental authority or agency, or
(2) any court or administrative proceeding which involves or may involve the possibility of materially and adversely affecting the properties, business, prospects, profits or conditions (financial or otherwise) of the Servicer, a written notice specifying the nature of such investigation or proceeding and what action the Servicer is taking or proposes to take with respect thereto and evaluating its merits; and.
Appears in 1 contract
Samples: Assignment and Servicing Agreement (Ikon Receivables LLC)
Report on Proceedings. promptly upon the Servicer's becoming aware of
(1) any proposed or pending investigation of it by any governmental authority or agency, or
(2) any court or administrative proceeding which involves or may involve the possibility of materially and adversely affecting the properties, business, prospects, profits or conditions (financial or otherwise) of the Servicer, a written notice specifying the nature of such investigation or proceeding and what action the Servicer is taking or proposes to take with respect thereto and evaluating its merits; and.
Appears in 1 contract
Samples: Assignment and Servicing Agreement (Ikon Receivables LLC)
Report on Proceedings. promptly upon the Servicer's becoming aware of
(1) any proposed or pending investigation of it by any governmental authority or agency, oror 24
(2) any court or administrative proceeding which involves or may involve the possibility of materially and adversely affecting the properties, business, prospects, profits or conditions (financial or otherwise) of the Servicer, a written notice specifying the nature of such investigation or proceeding and what action the Servicer is taking or proposes to take with respect thereto and evaluating its merits; and
Appears in 1 contract
Samples: Assignment and Servicing Agreement (Copelco Capital Receivables LLC)
Report on Proceedings. promptly upon the Servicer's Servicer becoming aware ofof ---------------------
(1) any proposed or pending investigation of it by any governmental authority or agency, or
(2) any court or administrative proceeding which involves or may involve the possibility of materially and adversely affecting the properties, business, prospects, profits or conditions (financial or otherwise) of the Servicer, a written notice specifying the nature of such investigation or proceeding and what action the Servicer is taking or proposes to take with respect thereto and evaluating its merits; and.
Appears in 1 contract
Samples: Assignment and Servicing Agreement (Ikon Receivables LLC)
Report on Proceedings. promptly upon the Servicer's Servicer becoming aware of
(1i) any proposed or pending investigation of it by any governmental authority or agency, or
(2ii) any court or administrative proceeding which involves or may involve the possibility of materially and adversely affecting the properties, business, prospects, profits or conditions (financial or otherwise) of the Servicer, a written notice specifying the nature of such investigation or proceeding and what action the Servicer is taking or proposes to take with respect thereto and evaluating its merits; and
Appears in 1 contract
Samples: Sales and Servicing Agreement (Essex International Inc /)