Administrative Servicer Agreement definition
Administrative Servicer Agreement means the Credit Processing Agreement effective as of July 8, 1988, as amended from time to time, between Fashion Service Corp. and the Administrative Servicer and assigned by Fashion Service Corp. to Spirit of America National Bank, and by Spirit of America National Bank to Spirit Inc. and all agreements, instruments and documents attached thereto or delivered in connection therewith, as any of the same may from time to time be hereafter amended, supplemented, or otherwise modified in accordance with the terms thereof.
Administrative Servicer Agreement means the Service Agreement, between WFNNB and the Administrative Servicer, dated as of May 15, 2008, as such agreement may be amended, supplemented or otherwise modified from time to time.
Examples of Administrative Servicer Agreement in a sentence
In the ordinary course of business, the Servicer may at any time delegate any duties hereunder to any Person who agrees to conduct such duties in accordance with the Cardholder Guidelines, including the delegation of duties pursuant to the Administrative Servicer Agreement.
The Seller, the Trustee and the Purchaser Representatives hereby acknowledge and consent to the continuation of Alliance Data as the Administrative Servicer pursuant to the terms and conditions set forth in the Administrative Servicer Agreement.