Servicer Termination Events. The occurrence or existence of one or more of the following events or facts which is continuing and has not been remedied by the Servicer or the Backup Servicer within the time period specified if any, with respect to such events or facts shall constitute a “Servicer Termination Event”:
Appears in 5 contracts
Samples: Receivables Purchase Agreement (KAR Auction Services, Inc.), Note and Security Agreement (KAR Auction Services, Inc.), Receivables Purchase Agreement (KAR Auction Services, Inc.)
Servicer Termination Events. The occurrence or existence of one or more of the following events or facts which is continuing and has not been remedied by the Servicer or the Backup Servicer within the time period specified if any, with respect to such events or facts shall constitute a “"Servicer Termination Event”":
Appears in 4 contracts
Samples: Receivables Purchase Agreement (KAR Auction Services, Inc.), Receivables Purchase Agreement (KAR Auction Services, Inc.), Receivables Purchase Agreement (KAR Auction Services, Inc.)
Servicer Termination Events. The occurrence or existence of one or more of the following events or facts which is continuing and has not been remedied by the Servicer or the Backup Servicer within the time period specified if any, with respect to such events or facts shall constitute a “"Servicer Termination Event”" hereunder:
Appears in 1 contract
Samples: Receivables Purchase Agreement (Mitel Networks Corp)
Servicer Termination Events. WSLegal\047083\00034\12027575v8 I\5470303.2 The occurrence or existence of one or more of the following events or facts which is continuing and has not been remedied by the Servicer or the Backup Servicer within the time period specified if any, with respect to such events or facts shall constitute a “"Servicer Termination Event”":
Appears in 1 contract
Samples: Receivables Purchase Agreement (KAR Auction Services, Inc.)
Servicer Termination Events. The occurrence or existence of one or more of the following events or facts which is continuing and has not been remedied by the Servicer or the Backup Servicer within the time period specified if any, with respect to such events or facts shall constitute a “Servicer Termination Event”:
Appears in 1 contract
Samples: General Security Agreement
