Servicer Defaults; Termination of Servicer Sample Clauses

Servicer Defaults; Termination of Servicer. (a) Notwithstanding Section 4.1(a) of the Basic Servicing Agreement, the occurrence and continuation of any of the following shall constitute an Event of Default under the Servicing Agreement (each, a “Servicer Default”):
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Servicer Defaults; Termination of Servicer. (a) Each of the following acts or occurrences constitutes a “Servicer Default” under the Servicing Agreement with respect to the 2014-A SUBIs:
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Servicer Defaults; Termination of Servicer. (a) The following acts and occurrences, with respect to the Lending Facility Pool will constitute “
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Servicer Defaults; Termination of Servicer. (a) The Servicer may be terminated and replaced with respect to any Series as set forth in, and in accordance with the provisions of, the related Series Servicing Supplement.
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Servicer Defaults; Termination of Servicer. 18 Section 4.02. No Effect on Other Parties.................................................................. 21 THE SERVICER
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Related to Servicer Defaults; Termination of Servicer

  • Events of Servicing Termination If any one of the following events ("Events of Servicing Termination") shall occur and be continuing:

  • Notice of Servicer Default The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.

  • Servicer Termination Event For purposes of this Agreement, each of the following shall constitute a “Servicer Termination Event”:

  • Waiver of Past Events of Servicing Termination The Holders of Notes evidencing not less than 51% of the Note Balance of the Controlling Class may, on behalf of all Noteholders, waive any Event of Servicing Termination and its consequences, except an event resulting from the failure to make any required deposits to or payments from the Collection Account, the Note Payment Account, the Certificate Payment Account or the Reserve Account in accordance with this Agreement. Upon any such waiver of an Event of Servicing Termination, such event shall cease to exist, and shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other event or impair any right arising therefrom, except to the extent expressly so waived.

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