Substitute Servicer. Notwithstanding the provisions of Section 5.01, the Trustee may, if it shall be unwilling to continue to act as the successor to the Servicer in accordance with Section 5.01, or shall, if it is unable to continue to so act or is so instructed in writing by the holders of 66-2/3% of the then Outstanding Principal Amount of the Notes, appoint a successor to the Servicer in accordance with the provisions of Section 8.03 of the Assignment and Servicing Agreement.
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Samples: Indenture (Copelco Capital Funding LLC 2000-A), Indenture (Copelco Capital Funding LLC 99-B), Indenture (Ikon Receivables LLC)
Substitute Servicer. Notwithstanding the provisions of Section 5.01, the Trustee may, if it shall be unwilling to continue to act as the successor to the Servicer in accordance with Section 5.01, or shall, if it is unable to continue to so act or is so instructed in writing by the holders of 66-2/3% of the then Outstanding Principal Amount of the Notes, appoint a successor to the Servicer in accordance with the provisions of Section 8.03 of the Assignment Sales and Servicing Agreement.
Appears in 3 contracts
Samples: Indenture (Copelco Capital Funding Corp X), Indenture (Copelco Capital Funding Corp X), Indenture (Copelco Capital Funding Corp X)
Substitute Servicer. Notwithstanding the provisions of Section 5.01, the Indenture Trustee may, if it shall be unwilling to continue to act as the successor to the Successor Servicer in accordance with Section 5.01, 5.01 or shall, if it is unable to continue to so act or is so instructed in writing by the holders of 66-2/3% of the then Outstanding Principal Amount of the Notesact, appoint a successor to the Successor Servicer in accordance with the provisions of Section 8.03 ________ of the Assignment and Servicing Receivables Acquisition Agreement.
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Substitute Servicer. Notwithstanding the provisions of Section 5.01, the Trustee may, if it shall be unwilling to continue to act as the successor to the Servicer in accordance with Section 5.01, or shall, if it is unable to continue to so act or is so instructed in writing by the holders of 66-2/3% of the then Outstanding Principal Amount of the Notes, appoint a successor to the Servicer in accordance with the provisions of Section 8.03 10.03 of the Assignment Sales and Servicing Agreement.
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Substitute Servicer. Notwithstanding the provisions of Section 5.01, the Trustee may, if it shall be unwilling to continue or unable to act as the successor to the Successor Servicer in accordance with Section 5.01, or shall, if it is unable to continue to so act or is so instructed in writing by the holders of 66-2/3% of the then Outstanding Principal Amount of the Notes, appoint a successor to the Successor Servicer in accordance with the provisions of Section 8.03 8.02 of the Assignment Sale and Servicing Agreement.
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Samples: Indenture (Fidelity Leasing Inc)
Substitute Servicer. Notwithstanding the provisions of Section 5.01, the Indenture Trustee may, if it shall be unwilling to continue to act as the successor to the Successor Servicer in accordance with Section 5.01, 5.01 or shall, if it is unable to continue to so act or is so instructed in writing by the holders of 66-2/3% of the then Outstanding Principal Amount of the Notesact, appoint a successor to the Successor Servicer in accordance with the provisions of Section 8.03 of the Assignment and Servicing Receivables -------- Acquisition Agreement.
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Samples: Indenture (Chevy Chase Bank FSB)
Substitute Servicer. Notwithstanding the provisions of Section 5.01, the Trustee may, if it shall be unwilling to continue to act as the successor to the Servicer in accordance with Section 5.01, or shall, if it is unable to continue to so act or is so instructed in writing by the holders of 66-2/3% of the then Outstanding Principal Amount of the Notes, appoint a successor to the Servicer in accordance with the provisions of Section 8.03 10.03 of the Assignment and Servicing Agreement.
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