Common use of Servicing Programs Clause in Contracts

Servicing Programs. In the event that Servicer uses any software program in servicing the Pool Receivables that it licenses from a third party, Servicer shall use its reasonable efforts to obtain whatever licenses or approvals are necessary to allow the Administrator or the new Servicer to use such program.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Land O Lakes Inc), Receivables Purchase Agreement (Land O Lakes Inc), Receivables Purchase Agreement (Land O Lakes Inc)

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Servicing Programs. In the event that Servicer uses any software program in servicing the Pool Receivables that it licenses from a third party, Servicer shall use its reasonable best efforts to obtain whatever licenses or approvals are necessary to allow the Administrator or the new Servicer to use such program.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (D & K Healthcare Resources Inc), Receivables Purchase Agreement (D & K Healthcare Resources Inc), Receivables Purchase Agreement (Maxtor Corp)

Servicing Programs. In the event that Servicer uses any software program in servicing the Pool Receivables that it licenses from a third party, upon the occurrence of a Servicer Transfer Event, Servicer shall use its reasonable best efforts to obtain whatever licenses or approvals are necessary to allow the Administrator or the new Servicer to use such program.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Conmed Corp), Receivables Purchase Agreement (Conmed Corp)

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Servicing Programs. In the event that Servicer uses any software program in servicing the Pool Receivables that it licenses from a third party, upon the occurrence of a Servicer Transfer Event, Servicer shall use its commercially reasonable efforts to obtain whatever licenses or approvals are necessary to allow the Administrator or the new Servicer to use such program.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Avista Corp)

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