Common use of No Servicer Termination Event Clause in Contracts

No Servicer Termination Event. No Servicer Termination Event has occurred or is continuing, and, to the knowledge of the Servicer, there is no event which, with notice or lapse of time, or both, would constitute a Servicer Termination Event.

Appears in 2 contracts

Sources: Servicing Agreement (Ihop Corp), Servicing Agreement (Ihop Corp)

No Servicer Termination Event. No event has occurred and is continuing and no condition exists which constitutes a Servicer Termination Event has occurred or is continuing, and, to the knowledge of the Servicer, there is no event which, with notice or lapse of time, or both, would constitute a Potential Servicer Termination Event.

Appears in 1 contract

Sources: Security Agreement (Americredit Corp)

No Servicer Termination Event. No event has occurred and no condition exists which constitutes a Servicer Termination Event has occurred or is continuing, and, to the knowledge of the Servicer, there is no event which, with notice or lapse of time, or both, would constitute a an Incipient Servicer Termination Event.

Appears in 1 contract

Sources: Receivables Purchase and Servicing Agreement (Advancepcs)