Common use of Primary Servicer Responsibilities Clause in Contracts

Primary Servicer Responsibilities. Each Guarantor shall be responsible for the following administration and servicing obligations which shall be performed by Borrower on behalf of the Guarantors until such time as the Lender shall exercise its rights under Section 8.11(a):

Appears in 1 contract

Sources: Credit and Security Agreement (Five Star Quality Care Inc)

Primary Servicer Responsibilities. Each Guarantor shall be responsible for the following administration and servicing obligations which shall be performed by the Borrower on behalf of the Guarantors until such time as the Lender shall exercise its rights under Section 8.11(a5.11.(a):

Appears in 1 contract

Sources: Credit and Security Agreement (Five Star Quality Care Inc)