Approved Replacement Servicer definition

Approved Replacement Servicer means any of the entities set forth in that certain letter agreement, dated as of July 21, 2011, by and among the Borrower, Gxxxx and the Administrative Agent, which letter may be updated from time to time with the consent of Gxxxx and the Administrative Agent.

Approved Replacement Servicer means any of (a) Roundpoint Mortgage Servicing Corporation, (b) Servis One, Inc. (d/b/a BSI Financial Services) or (c) as otherwise agreed between the Agent and the Investment Manager.

Approved Replacement Servicer means any of the entities set forth on Schedule II.

Examples of Approved Replacement Servicer in a sentence

The Servicer shall pay all costs associated with the transition of the obligations hereunder to an Approved Replacement Servicer if the Administrative Agent terminates the Servicer following a Servicer Termination Event.
The Administrative Agent shall as promptly as possible appoint an Approved Replacement Servicer as the successor servicer (together with each other Person appointed as successor servicer, a “Successor Servicer”), and each such Successor Servicer shall accept its appointment by a written assumption in a form acceptable to the Administrative Agent and each Lender.
At any time following the delivery of a Servicer Termination Notice, the Administrative Agent may, (i) in its sole discretion, appoint an Approved Replacement Servicer as the Servicer under this Agreement and, in such case, all authority, power, rights and obligations of the Servicer shall pass to and be vested in such Approved Replacement Servicer or (ii) with the prior writtenwith the consent of the Borrower and Gxxxx Capital BDC, Inc.
The Administrative Agent may at any time following delivery of a Servicer Termination Notice in its sole discretion, appoint an Approved Replacement Servicer as the Servicer hereunder, and such Person shall on such date assume all related obligations of the Servicer hereunder, and all related authority and power of the Servicer under this Agreement shall pass to and be vested in such other Person.

More Definitions of Approved Replacement Servicer

Approved Replacement Servicer means any of the entities set forth on Schedule II. Broker-Dealer” means (a) any of Antares Capital, Bank of America, N.A., The Bank of Montreal, BMO Capital Markets Corp., Barclays Bank plc, BNP Paribas, Citibank, N.A., Citizens Bank, Credit Suisse, Deutsche Bank AG, Fifth Third Bank, Gxxxxxx Sachs & Co., JPMorgan Chase Bank, N.A., Jefferies Finance LLC, KeyBank Capital Markets, Macquarie Group Limited, Mxxxxx Sxxxxxx & Co., Nomura Securities Co., Ltd., Royal Bank of Canada, RBC Capital Markets LLC, Scotia Bank, SG Americas Securities LLC, Sun Trust Bank, SunTrust Rxxxxxxx Xxxxxxxx, TD Bank, UBS Securities or Wxxxx Fargo, (b) any other financial institution approved by the Administrative Agent in its sole discretion and (c) any banking or securities Affiliate of any Person specified in clause (a) or (b).

Approved Replacement Servicer. Any of the entities set forth in that certain letter agreement, dated as of November 22, 2013, by and among the Borrower, Gxxxx BDC and the Administrative Agent, which letter may be updated from time to time with the consent of Gxxxx BDC and the Administrative Agent.

Related to Approved Replacement Servicer

Replacement Servicer has the meaning assigned to that term in Section 6.01(c).
Replacement Services means any services which are substantially similar to any of the Services and which the Customer receives in substitution for any of the Services following the Call Off Expiry Date, whether those services are provided by the Customer internally and/or by any third party;
Approved Servicer shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”
Replacement Service Provider means any third party service provider appointed to perform the Services by the Purchaser from time to time.
Additional Servicer Each affiliate of each Servicer that services any of the Mortgage Loans and each Person who is not an affiliate of the any Servicer, who services 10% or more of the Mortgage Loans. For clarification purposes, the Master Servicer and the Securities Administrator are Additional Servicers.
Benchmark Replacement means, for any Available Tenor, the first alternative set forth in the order below that can be determined by the Administrative Agent for the applicable Benchmark Replacement Date:
Special Servicer means the special servicer appointed to act in such capacity with respect to the Mortgage Loan as provided in the Lead Securitization Servicing Agreement.
Procurement Services shall refer to a business unit of OGS, formerly known as New York State Procurement (“NYSPro”) and Procurement Services Group (“PSG”).
Collateral Provider means the Security Collateral Provider under a Security Document or the Transferor under a Transfer Annex, according to context, in relation to which “Collateral Taker” means the Secured Party or the Transferee, as the case may be.
Term SOFR Replacement Date has the meaning specified in Section 3.03(b).
Replacement Contractor means any third party service provider appointed by the Authority to supply any services which are substantially similar to any of the Services and which the Authority receives in substitution for any of the Services following the expiry, termination or partial termination of the Contract.
Benchmark Replacement Date means the earliest to occur of the following events with respect to the then-current Benchmark:
VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.
Approved Lender is defined in Section 12.1.
Appraisal management services means one or more of the following:
Eligible Asset Representations Reviewer means a Person who (i) is not, and is not Affiliated with, the Sponsor, the Depositor, the Servicer, the Indenture Trustee, the Owner Trustee or any of their Affiliates and (ii) was not engaged or Affiliated with a Person that was engaged by the Sponsor or any Underwriter to perform any due diligence on the Receivables prior to the Closing Date.