Successor Servicer definition

Successor Servicer has the meaning specified in Section 3.07(e) of the Indenture.

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Successor Servicer means any entity appointed as a successor to the Servicer pursuant to Section 8.02.

Successor Servicer has the meaning specified in Section 3.07(e).

Examples of Successor Servicer in a sentence

In no event shall the Indenture Trustee be liable for its appointment of a Successor Servicer.
No such resignation shall become effective until a Successor Servicer has been approved by the Kansas Commission and has assumed the servicing obligations and duties hereunder of the Servicer in accordance with Section 7.02.
As soon as a Successor Servicer is appointed, the Indenture Trustee shall notify the Issuer, the Kansas Commission, the Holders and the Rating Agencies of such appointment, specifying in such notice the name and address of such Successor Servicer.
A Person shall qualify as a Successor Servicer only if such Person satisfies the requirements of the Servicing Agreement and the Financing Order relating to a Successor Servicer.
The Servicer covenants and agrees with the Issuer that it will, on an ongoing basis, cooperate with the Successor Servicer and provide whatever information is, and take whatever actions are, reasonably necessary to assist the Successor Servicer in performing its obligations hereunder.

More Definitions of Successor Servicer

Successor Servicer. Any servicer of one or more Mortgage Loans designated by the Purchaser as being entitled to the benefits of the indemnifications set forth in Subsections 9.03 and 14.

Successor Servicer shall have the meaning specified in Section 10.02(a).

Successor Servicer means any Person designated as the Successor Servicer pursuant to this Agreement and any and all Persons who previously were "Successor Servicers" pursuant to this Agreement.

Successor Servicer means an institution appointed as successor Servicer pursuant to Section 7.2 of the Sale and Servicing Agreement.

Successor Servicer has the meaning assigned in Section 8.03(b).

Successor Servicer is defined in Section 6.2 of the Servicing Agreement.

Successor Servicer. Defined in Section 6.16(a).