Common use of Successor Administrator Clause in Contracts

Successor Administrator. In the event of a servicing transfer ----------------------- pursuant to Article V of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation and -------------- thereafter its permitted successor and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21.

Appears in 2 contracts

Samples: Underwriting Agreement (Household Credit Card Master Note Trust I), Administration Agreement (Household Credit Card Master Note Trust I)

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Successor Administrator. In the event of a servicing transfer ----------------------- pursuant to Article V VII of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation and -------------- thereafter its permitted successor and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21.

Appears in 2 contracts

Samples: Administration Agreement (First Consumers Master Trust), Administration Agreement (First Consumers Master Trust)

Successor Administrator. In the event of a servicing transfer ----------------------- pursuant to Article V of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation and -------------- thereafter its permitted successor and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21.

Appears in 2 contracts

Samples: Administration Agreement (Household Consumer Loan Corp Ii), Administration Agreement (Hrsi Funding Inc Ii)

Successor Administrator. In the event of a servicing transfer ----------------------- pursuant to Article V Seven of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation Nordstrom fsb and -------------- thereafter its permitted successor and assigns as provided in Section 12 1.13 or any successor Administrator as provided in this Section 21Section.

Appears in 2 contracts

Samples: Administration Agreement (Nordstrom Inc), Administration Agreement (Nordstrom Inc)

Successor Administrator. In the event of a servicing transfer ----------------------- pursuant to Article V of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation Conseco Bank, Inc. and -------------- thereafter its ------------- permitted successor and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21.

Appears in 1 contract

Samples: Administration Agreement (Conseco Finance Credit Funding Corp)

Successor Administrator. In the event of a servicing transfer ----------------------- pursuant to Article V VII of the Transfer and Servicing Agreement, the successor servicer ----------- under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation FCNB and -------------- thereafter its permitted successor ------------- and assigns as provided in Section 12 or any successor Administrator as provided ---------- in this Section 21.. ----------

Appears in 1 contract

Samples: Administration Agreement (Spiegel Master Trust)

Successor Administrator. In the event of a servicing transfer ----------------------- pursuant to Article V of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation and -------------- thereafter its permitted successor and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21.. 11 15

Appears in 1 contract

Samples: Administration Agreement (Hrsi Funding Inc Ii)

Successor Administrator. In the event of a servicing transfer pursuant ----------------------- pursuant to Article V VII of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation and -------------- thereafter its permitted successor and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21.

Appears in 1 contract

Samples: Administration Agreement (First Consumers Master Trust)

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Successor Administrator. In the event of a servicing transfer ----------------------- pursuant to Article V Seven of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation The Bon-Ton Department Stores, Inc. and -------------- thereafter its permitted successor and assigns as provided in Section 12 1.13 or any successor Administrator as provided in this Section 21Section.

Appears in 1 contract

Samples: Master Indenture (Bon Ton Stores Inc)

Successor Administrator. In the event of a servicing transfer ----------------------- pursuant to Article V of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation ABC and -------------- thereafter its permitted successor successors and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21.. [SIGNATURE PAGE FOLLOWS]

Appears in 1 contract

Samples: Administration Agreement (Advanta Business Recievables Corp)

Successor Administrator. In the event of a servicing transfer ----------------------- pursuant to Article V VII of the Transfer and Servicing Agreement, the successor ----------- servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation and -------------- thereafter its permitted successor and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21.

Appears in 1 contract

Samples: Administration Agreement (Spiegel Master Trust)

Successor Administrator. In the event of a servicing transfer ----------------------- pursuant to Article V of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation ABC and -------------- thereafter its permitted successor and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21.. [SIGNATURE PAGE FOLLOWS]

Appears in 1 contract

Samples: Administration Agreement (Advanta Business Recievables Corp)

Successor Administrator. In the event of a servicing ----------------------- transfer ----------------------- pursuant to Article V of the Transfer and Servicing Agreement, the successor servicer under the Transfer and Servicing Agreement shall, upon the date of such servicing transfer, become the successor Administrator hereunder. "Administrator" shall mean initially Household Finance Corporation and -------------- ------------- thereafter its permitted successor and assigns as provided in Section 12 or any successor Administrator as provided in this Section 21.

Appears in 1 contract

Samples: Administration Agreement (Household Credit Card Master Note Trust I)

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