Appointment and Acceptance; Duties Sample Clauses

Appointment and Acceptance; Duties. The Seller hereby appoints FIB as Servicer pursuant to this Agreement. FIB accepts such appointment and agrees to act as the Servicer pursuant to this Agreement to service the Transferred Loans and to serve in such capacity until the termination of its responsibilities pursuant to Section 6.26. HSBC is hereby appointed as Backup Servicer and Collateral Custodian pursuant to this Agreement. HSBC accepts the appointment and agrees to act as the Backup Servicer and Collateral Custodian pursuant to this Agreement.
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Appointment and Acceptance; Duties. 46 Section 3.2
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Appointment and Acceptance; Duties. 56 SECTION 6.2
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Appointment and Acceptance; Duties. 62 Section 6.2 Duties and Responsibilities of the Servicer and the Collateral Custodian............. 62 Section 6.3 Authorization of the Servicer........................................................ 66 Section 6.4
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Appointment and Acceptance; Duties. (a) Appointment of Initial Servicer and Collateral Custodian. Fidelity Leasing, Inc. is hereby appointed as Servicer pursuant to this Agreement. Fidelity Leasing, Inc. accepts the appointment and agrees to act as the Servicer pursuant to this Agreement. ▇▇▇▇▇▇ Trust and Savings Bank is hereby appointed as Collateral Custodian pursuant to this Agreement. ▇▇▇▇▇▇ Trust and Savings Bank accepts the appointment and agrees to act as the Collateral Custodian pursuant to this Agreement.
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Appointment and Acceptance; Duties. (a) Appointment of Initial Servicer and Collateral Custodian. -------------------------------------------------------- BankVest Capital Corp. is hereby appointed as Servicer pursuant to this Agreement. BankVest Capital Corp. accepts the appointment and agrees to act as the Servicer pursuant to this Agreement. Norwest is hereby appointed as Collateral Custodian pursuant to this Agreement. Norwest accepts the appointment and agrees to act as the Collateral Custodian pursuant to this Agreement.
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Appointment and Acceptance; Duties. The Seller hereby appoints FNBNE as Servicer pursuant to this Agreement. FNBNE accepts such appointment and agrees to act as the Servicer pursuant to this Agreement to service the Transferred Loans and to serve in such capacity until the termination of its responsibilities pursuant to Section 6.26. Marine Midland is hereby appointed as Backup Servicer and Collateral Custodian pursuant to this Agreement. Marine Midland accepts the appointment and agrees to act as the Backup Servicer and Collateral Custodian pursuant to this Agreement.
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Appointment and Acceptance; Duties. (a) Appointment of Initial Servicer. Trans Leasing is hereby appointed as Servicer pursuant to this Agreement. Trans Leasing accepts the appointment and agrees to act as the Servicer pursuant to this Agreement. The Servicer acknowledges and agrees that the rights, duties and obligations of the Servicer hereunder include the rights, duties and obligations set forth for the Servicer in the Credit Agreement.
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Appointment and Acceptance; Duties 
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Related to Appointment and Acceptance; Duties

  • Appointment and Acceptance The Trust hereby appoints the Distributor as a distributor of shares of beneficial interest in the Trust (the “shares”) which may from time to time be registered under the 1933 Act and as servicing agent of shareholders and shareholder accounts of the Trust, and the Distributor hereby accepts such appointment in accordance with the terms and conditions set forth herein. As the Trust’s agent, the Distributor shall, except to the extent provided in Section 4 hereof, be the exclusive distributor for the unsold portion of the shares.

  • Appointment of and Acceptance by Escrow Agent The Investor(s) and the Company hereby appoint Escrow Agent to serve as Escrow Agent hereunder. Escrow Agent hereby accepts such appointment and, upon receipt by wire transfer of the Escrow Funds in accordance with Section 3 below, agrees to hold, invest and disburse the Escrow Funds in accordance with this Agreement. a. The Company hereby acknowledges that the Escrow Agent is counsel to the Investor(s) in connection with the transactions contemplated and referred herein. The Company agrees that in the event of any dispute arising in connection with this Escrow Agreement or otherwise in connection with any transaction or agreement contemplated and referred herein, the Escrow Agent shall be permitted to continue to represent the Investor(s) and the Company will not seek to disqualify such counsel.

  • Employment and Acceptance During the Term (as defined in Section 1.2), the Company shall employ the Executive, and the Executive shall accept such employment and serve the Company, in each case, subject to the terms and conditions of this Agreement.

  • Assignment and Acceptance The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Acceptance, together with a processing and recordation fee of $3,500, and the assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire.

  • Employment Duties and Acceptance 1.1 Effective as of ______________, 200_ the Company hereby agrees to the continued employment of Executive as its ___________________, and Executive hereby accepts such continued employment on the terms and conditions contained in the Agreement. During the term of this Agreement, Executive shall make himself available to the Company to pursue the business of the Company subject to the supervision and direction of the Board of Directors of the Company (the “Board” or “Board of Directors”). 1.2 The Board may assign Executive such general management and supervisory responsibilities and executive duties for the Company as are appropriate and commensurate with Executive’s position as __________________ of the Company (“____”) and would otherwise be consistent in stature and prestige with the responsibilities of a ______. Executive accepts such employment and agrees to devote substantially all of his business time, energies and attention to the performance of his duties; provided, however, that Executive may continue to be actively involved in educational and civic activities to the extent that such activities do not materially detract from the reasonable performance of his duties (such material detraction to be evidenced by a resolution approved by the majority of the Board and a written notice to Executive, in which event Executive shall have one hundred and twenty (120) days to reduce the level of such activities in a reasonable manner). The Company recognizes the value to it of Executive’s continued involvement in these activities and will reimburse Executive for reasonable expenses incurred by him in connection with such activities. Any such expense in excess of $1000 shall be pre-approved. Nothing herein shall be construed as preventing Executive from (i) making and supervising investments on a personal or family basis (including trusts, funds and investment entities in which Executive or members of his family have an interest) and (ii) serving on the Board of Directors of not more than three corporations involved primarily in “for profit” business activities; provided, however, that these activities do not materially interfere with the performance of his duties hereunder or violate the provisions of Section 4.4 hereof and are promptly disclosed to the Board of Directors of the Company.