Designation of the Backup Servicer. The backup servicing role with respect to the Collateral shall be conducted by the Person designated as Backup Servicer under the Backup Servicing Agreement, which shall initially be Xxxxx Fargo.
Designation of the Backup Servicer. (a) The backup servicing role with respect to the Receivables shall be conducted by the Person appointed to act as Backup Servicer hereunder from time to time in accordance with this Section.
Designation of the Backup Servicer. (a) Upon the occurrence of a Servicer Termination Event, the Administrative Agent may designate the Backup Servicer to act as Servicer for the benefit of the Administrative Agent and the Secured Parties. The Backup Servicer shall accept such appointment and agree to perform the duties and obligations with respect thereto set forth herein.
Designation of the Backup Servicer. The backup servicing role with respect to the Collateral shall be conducted by the Person designated as Backup Servicer, hereunder from time to time in accordance with this Section 4.7. Until the Note Purchaser Agent shall deliver to USBPS a Backup Servicer Termination Notice, USBPS is hereby designated as, and hereby agrees to perform the duties and obligations of, the backup servicer pursuant to the terms hereof.
Designation of the Backup Servicer. The role of Backup Servicer with respect to the Collateral Loans shall be conducted by the Person designated as Backup Servicer hereunder from time to time in accordance with this Section 14.01. Until the Administrative Agent shall give to U.S. Bank National Association a Backup Servicer Termination Notice, U.S. Bank National Association is hereby appointed as, and hereby accepts such appointment and agrees to perform the duties and obligations of, Backup Servicer pursuant to the terms hereof.
Designation of the Backup Servicer. (a) The backup servicing role with respect to the Receivables shall be conducted by the Person appointed to act as Backup Servicer hereunder from time to time in accordance with this Section. (b) The Borrower (on behalf of itself and on behalf of the Borrower Loan Trustee) and the Administrative Agent on behalf of the Secured Parties, each hereby appoints and directs Systems & Services Technologies, Inc. to act as Backup Servicer, for the benefit of the Secured Parties. Systems & Services Technologies, Inc. xxxxxx accepts such appointment and agrees to perform the duties and obligations with respect thereto set forth herein. (c) Until the receipt by Systems & Services Technologies, Inc. of a notice from the Administrative Agent of the designation of a new Backup Servicer pursuant to Section 8.04,
Designation of the Backup Servicer. 141 Section 8.02. Duties of the Backup Servicer.141 Section 8.03. Backup Servicing Compensation.141
Designation of the Backup Servicer. 85 Section 9.02. Duties of the Backup Servicer 85 Section 9.03. Backup Servicing Compensation 85 Section 9.04. Backup Servicer Removal 85 Section 9.05. The Backup Servicer Not to Resign 86 Section 9.06. Covenants of the Backup Servicer 86 Section 9.07. Xxxxx Fargo Bank as Successor Servicer 86 ARTICLE TEN TERMINATION EVENTS
Designation of the Backup Servicer. The role of Backup Servicer with respect to the SBA 7(a) Note Receivable Collateral shall be conducted by the Person designated as Backup Servicer under the Backup Servicer Agreement from time to time in accordance therewith. 11.2
Designation of the Backup Servicer
