Appointment and Authorization of Servicer Sample Clauses

Appointment and Authorization of Servicer. SECTION 2.01 Appointment of Servicer; Acceptance of Appointment.......................2 SECTION 2.02 Authorization............................................................2 SECTION 2.03 Dominion and Control over Transferred Securitization Property............2 ARTICLE III Billing Services
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Appointment and Authorization of Servicer. SECTION 2.01. Appointment of Servicer; Acceptance of Appointment. Subject to Section 5.04 and Article VI, the Issuer hereby appoints the Servicer, and the Servicer hereby accepts such appointment, to perform the Servicer's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer in accordance with the terms of this Agreement. This appointment and the Servicer's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
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Appointment and Authorization of Servicer. 2 Section 2.01 Appointment of Servicer; Acceptance of Appointment............2 Section 2.02 Authorization.................................................2 Section 2.03 Dominion and Control Over Transferred Bondable Transition Property......................................................2
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Appointment and Authorization of Servicer. 2 SECTION 2.01. APPOINTMENT OF THE SERVICER; ACCEPTANCE OF APPOINTMENT.................................. 2 SECTION 2.02. AUTHORIZATION.................................................. 2 SECTION 2.03. DOMINION AND CONTROL OVER TRANSITION PROPERTY.................. 3
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Appointment and Authorization of Servicer. Section 2.01 Appointment of Servicer; Acceptance of Appointment 2 Section 2.02 Authorization 2 Section 2.03 Dominion and Control Over Transferred Bondable Transition Property 2
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Appointment and Authorization of Servicer. SECTION 2.01. Appointment of Servicer; Acceptance of Appointment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 SECTION 2.02. Authorization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 SECTION 2.03. Dominion and Control over Serviced Intangible Transition Property . . . . . . . . . . . . . . . . . . . . . . . . . 13
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Appointment and Authorization of Servicer 
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Appointment and Authorization of Servicer 
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Related to Appointment and Authorization of Servicer

  • Appointment and Authorization Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

  • Appointment and Authority (a) Each of the Lenders and L/C Issuer hereby irrevocably appoints LegacyTexas Bank to act on its behalf as Administrative Agent hereunder and under the other Loan Documents and the Intercreditor Agreement and authorizes Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto, and each of the Lenders and L/C Issuer hereby approves the terms and conditions of the Intercreditor Agreement and authorizes Administrative Agent to enter into the Intercreditor Agreement and amendments thereto from time to time. The provisions of this Article 11 are solely for the benefit of Administrative Agent, Lenders, and L/C Issuer, and neither Borrower nor any other Obligated Party shall have rights as a third-party beneficiary of any of such provisions. It is understood and agreed that the use of the term “agent” herein or in any other Loan Documents or in the Intercreditor Agreement (or any other similar term) with reference to Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable Law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties. (b) Administrative Agent shall also act as the “collateral agent” under the Loan Documents and the Intercreditor Agreement, and each of the Lenders (including, for itself and its Affiliates, in their capacities as potential Bank Product Providers) and L/C Issuer hereby irrevocably appoints and authorizes Administrative Agent to act as the agent of such Lender and L/C Issuer for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Obligated Parties to secure any of the Obligations, together with such powers and discretion as are reasonably incidental thereto. In this connection, Administrative Agent, as “collateral agent” and any co-agents, sub-agents and attorneys-in-fact appointed by Administrative Agent pursuant to Section 11.5 for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the Security Documents, or for exercising any rights and remedies thereunder at the direction of Administrative Agent, shall be entitled to the benefits of all provisions of this Article 11 and Article 12 (including Section 12.1(b)), as though such co-agents, sub-agents and attorneys-in-fact were the “collateral agent” under the Loan Documents and the Intercreditor Agreement as if set forth in full herein with respect thereto.