Common use of The Servicer Not to Resign Clause in Contracts

The Servicer Not to Resign. Without the prior written consent of the Collateral Agent and each of the Secured Parties, the Servicer shall not resign from the obligations and duties imposed on it hereunder.

Appears in 6 contracts

Samples: Collateral Agency Agreement, Collateral Agency Agreement (Zipcar Inc), Collateral Agency Agreement (Zipcar Inc)

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The Servicer Not to Resign. Without the prior written consent of the Master Collateral Agent and Agent, each of the Secured PartiesBeneficiaries and the Rating Agencies, the Servicer shall not resign from the obligations and duties hereby imposed on it hereunder.

Appears in 1 contract

Samples: Master Collateral Agency Agreement (Republic Industries Inc)

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The Servicer Not to Resign. Without the prior written consent of the Master Collateral Agent and Agent, each of the Secured PartiesFinancing Sources and Beneficiaries, and the Rating Agencies, the Servicer shall not resign from the obligations and duties imposed on it hereunder.

Appears in 1 contract

Samples: Collateral Agency Agreement (Dollar Thrifty Automotive Group Inc)

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