Examples of Appointment Effective Date in a sentence
In the event of termination or resignation of the Servicer hereunder, the Backup Servicer shall assume the obligations of Servicer hereunder (except to the extent otherwise set forth in the Backup Servicing Agreement) by the Appointment Effective Date set forth in the Backup Servicing Agreement.
On and after the Appointment Effective Date, Backup Servicer, as Successor Servicer, shall serve as “Servicer” under the Servicing Agreement.
These Program Terms are effective for a term commencing as of the Appointment Effective Date and expiring or terminating in accordance with Section 3 (Term and Termination) of the Agreement.
On and after the Appointment Effective Date, Backup Servicer shall serve as Servicer under the Successor Servicing Agreement with respect to the Serviced Assets.
In addition to the existing agreements set forth in Schedule 1, Prosper shall use reasonable best efforts to enter into any and all joinders to agreements between Prosper and its collection agents necessary for Backup Servicer to assume the rights and obligations of Prosper as servicer under such agreements on the Appointment Effective Date; provided, however, that Prosper shall not provide joinders to agreements with Prosper’s collection agents to any other backup servicer of Prosper loans.
Upon the Appointment Effective Date, Servicer hereby assigns to Backup Servicer, in its capacity as Successor Servicer, any effective authorization received by Servicer from any and all Obligors with respect to the Loans to initiate electronic debt entries to the designated checking or savings account of such Obligors.
On and after the Appointment Effective Date, the Backup Servicer, as Successor Servicer, shall serve as “Servicer” under the Servicing Agreement.
Henry HancockLTC, xxProfessor of Military Science RC Scroll Date:Date of Acceptance:RC Appointment Effective Date: Figure 3-2.
Notwithstanding the foregoing, this Agreement shall not expire pursuant to the terms of this Section 17 after the Appointment Effective Date and Backup Servicer has assumed its duties as Successor Servicer.
FOR THE COMMANDER:Encl (DA Form 71- Oath of Office) Signature BlockAppropriate Authority RC Scroll Date:RA Scroll Date:Date of Acceptance:RA Appointment Effective Date: Figure 3-3.