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. 5 Section 2.01. Appointment of Servicer; Acceptance of Appointment........................................5 Section 2.02. Authorization.............................................................................5 Section 2.03. Dominion and Control over Transferred BGS Bondable Transition Property....................5
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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......................................... 2
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Appointment and Authorization of Servicer. 2 SECTION 2.01.
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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. 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 
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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 Each Lender, LC Issuer and other Secured Party hereby irrevocably appoints Regions Bank to act on its behalf as Administrative Agent hereunder and under the other Loan Documents and authorizes Administrative Agent to (i) 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 incidental thereto and (ii) enter into all Loan Documents to which Administrative Agent is intended to be a party and accept all Security Documents for Administrative Agent’s benefit and the Pro Rata benefit of the Lenders, all of which shall be binding upon the Secured Parties. Without limiting the generality of the foregoing, Administrative Agent shall have the sole and exclusive authority to (i) act as the disbursing and collecting agent for the Lenders with respect to all payments and collections arising in connection with the Loan Documents; (ii) execute and deliver as Administrative Agent each Loan Document, including any intercreditor or subordination agreement, and accept delivery of each Loan Document from any Borrower or other Person; (iii) act as collateral agent for the Secured Parties for purposes of perfecting and administering Liens under the Loan Documents, and for all other purposes stated therein; (iv) manage, supervise, or otherwise deal with Collateral; and (v) take any Enforcement Action or otherwise exercise any rights or remedies with respect to any Collateral under the Loan Documents, Applicable Law, or otherwise. Subject to Section 16.2(a)(iv)(C), Administrative Agent alone shall be authorized to determine whether any Accounts constitute Eligible Accounts or Eligible Investment Grade Accounts or whether to impose or release any Reserve, which determinations and judgments, if exercised in good faith, shall exonerate Administrative Agent from liability to any other Secured Party or other Person for any error in judgment. It is understood and agreed that the use of the term “agent” (or any other similar nomenclature) herein or in any other Loan Documents 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.