Examples of French Servicer in a sentence
The Management Company shall be entitled to substitute a replacement servicer to the French Servicer in relation to the servicing of the Purchased Receivables in accordance with article L.
Unless previously terminated in accordance with Clause 13.1 (Termination by French FleetCo) or 13.2 (Termination by the French Servicer), this Agreement shall terminate on the earlier of the Final Maturity Date and the date on which all FleetCo Advances are repaid in full and the FleetCo French Facility Agreement is terminated.
Each of French FleetCo and the French Servicer shall (at such Party's cost) do and execute, or arrange for the doing and executing of, each act, document and thing requested of it by the FleetCo Security Agent in order to implement and/or give effect to this Agreement.
The French Servicer may not without the prior written consent of the French Purchaser, such consent not to be unreasonably withheld, appoint any person as its sub-agent, sub-contractor or representative to carry out all or any material part of the services to be provided by it under this Agreement.
French FleetCo shall furnish the French Servicer with all such information as the French Servicer may reasonably require to enable it to perform its obligations under this Paragraph 3.
No Insolvency Event has occurred in respect of the French Servicer.
The French Servicer shall assist the French FleetCo in the carrying out of any other services necessary for the proper implementation of the French Master Lease Agreement, this Agreement and any other Transaction Document that are not otherwise set out in this Schedule 1, including, without limitation, conducting any calculations and the submission of any notices.
In the event of a bankruptcy of a licensee or, as the case may be, lessee, the French Servicer (and party to the licence or, as applicable, sublease with such licensee or, as the case may be, lessee) shall immediately use its best efforts (dans le cadre d'une obligation de moyens) to recover any Vehicles subject of such sublease or licence in accordance with its usual recovery processes.
The French Servicer may, by giving not less than 30 (thirty) days' written notice to French FleetCo, the Transaction Agent and the FleetCo Security Agent, terminate this Agreement, provided that a replacement French Servicer satisfactory to the FleetCo Security Agent and French FleetCo has been or will, simultaneously with the termination of the French Servicer's appointment under this Agreement, be appointed.
The French Servicer hereby accepts the appointment pursuant to Clause 9.1 (Appointment by the Management Company) on the terms and subject to the conditions of this Agreement.