Common use of By Servicer Clause in Contracts

By Servicer. From the Initial Closing Date until the Conversion Date, Servicer shall comply in all material respects with all federal and state laws and regulations applicable to Servicer. By Buyer. Buyer shall comply in all material respects with all applicable federal and state laws and regulations. Buyer shall also notify Servicer of any changes in applicable laws and regulations which impact the provision of the Services.

Appears in 1 contract

Sources: Interim Servicing Agreement (Gottschalks Inc)

By Servicer. From the Initial Closing Date until the Conversion Date, Servicer shall comply in all material respects with all federal and state laws and regulations applicable to Servicer give notice to Services of any applicable change in law or regulations and shall provide Servicer. By Buyer. Buyer shall comply , at Bank's expense, with training in all material respects respect of compliance with all applicable federal and state such laws and regulations. Buyer shall also notify Servicer of any changes in applicable laws and regulations which impact the provision of the Services.

Appears in 1 contract

Sources: Interim Servicing Agreement (Bon Ton Stores Inc)