Servicer Defaults. If any one of the following events (a “Servicer Default”) shall occur and be continuing:
Servicer Defaults. Each of the following shall constitute a “Servicer Default”:
Servicer Defaults. 10-1 Section 10.2 Trustee to Act; Appointment of Successor............... 10-3 Section 10.3 Notification to Certificateholders..................... 10-5 Section 10.4 Waiver of Past Defaults................................ 10-5 ARTICLE XI THE TRUSTEE
Servicer Defaults. 74 SECTION 10.02. Trustee To Act: Appointment of Successor..................76 SECTION 10.03.
Servicer Defaults. If any one of the following events (a "SERVICER DEFAULT") shall occur and be continuing:
Servicer Defaults. 48 Section 8.02 Performance by Indenture Trustee....................................................................50 Section 8.03 Appointment of Successor Servicer...................................................................50 Section 8.04 Notification to Holders.............................................................................52 ARTICLE IX TERMINATION Section 9.01 Termination.........................................................................................52 ARTICLE X MISCELLANEOUS PROVISIONS Section 10.01 Amendment..........................................................................................52 Section 10.02 Governing Law......................................................................................53
Servicer Defaults. 50 Section 7.02. Appointment of Successor Servicer..........................................................51 Section 7.03.
Servicer Defaults. 54 Section 7.02. Appointment of Successor Servicer.............................56 Section 7.03. Notification of Servicer Termination..........................57 Section 7.04. Waiver of Past Defaults.......................................57 Section 7.05. Repayment of Advances.........................................57 ARTICLE EIGHT
Servicer Defaults. Section 10.01.
Servicer Defaults. If any one of the following events (a "Servicer Default") shall occur and be continuing: any failure by the Servicer to make any payment, transfer or deposit or to give instructions or notice to the Trustee pursuant to Article IV or to deliver any reports to the Trustee and the Certificateholders pursuant to Article V or to instruct the Trustee to make any required drawing, withdrawal, or payment under any Enhancement, in each case, within one Business Day after the date that such payment, transfer, deposit, withdrawal or drawing, such report or such instruction or notice is required to be made, delivered or given, as the case may be, under the terms of this Agreement or any Supplement; failure on the part of the Servicer duly to observe or perform in any material respect any other covenants or agreements of the Servicer set forth in this Agreement or any Supplement which continues unremedied for a period of sixty (60) days; any representation, warranty or certification made by the Servicer in this Agreement or any Supplement or in any certificate delivered pursuant to this Agreement or any Supplement shall prove to have been incorrect in any material respect when made or deemed made or delivered and continues to be incorrect for a period of sixty (60) days; the Servicer shall consent to the appointment of a conservator or receiver or liquidator in any insolvency, readjustment of debt, marshalling of assets and liabilities or similar proceedings of or relating to the Servicer or of or relating to all or substantially all of its property; or a decree or order of a court or agency or supervisory authority having jurisdiction in the premises for the appointment of a conservator or receiver or liquidator in any insolvency, readjustment of debt, marshalling of assets and liabilities or similar proceedings, or for the winding-up or liquidation of its affairs, shall have been entered against the Servicer, and such decree or order shall have remained in force undischarged or unstayed for a period of 60 days; or the Servicer shall admit in writing its inability to pay its debts generally as they become due, commence or have commenced against it (unless dismissed within thirty days) as debtor a proceeding under any applicable insolvency or reorganization statute, make any assignment for the benefit of its creditors or voluntarily suspend payment of its obligations; the Servicer assigns any of its duties under this Agreement, except as permitted by the terms of this ...
