Common use of Termination of Servicing Clause in Contracts

Termination of Servicing. Purchaser may, upon written notice to Servicer, terminate the rights and obligations of Servicer set forth in this Agreement, or any portion thereof, and notify the applicable Obligor(s) to make all subsequent Payments directly to Purchaser upon the occurrence of any one of the following:

Appears in 3 contracts

Samples: Service Agreement (Celadon Group Inc), Program Agreement (Celadon Group Inc), Service Agreement (Celadon Group Inc)

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Termination of Servicing. Purchaser may, upon written notice to Servicer, terminate the rights and obligations of Servicer set forth in this Amended Agreement, or any portion thereof, and notify the applicable Obligor(s) to make all subsequent Payments directly to Purchaser upon the occurrence of any one of the following:

Appears in 1 contract

Samples: Service Agreement (Celadon Group Inc)

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