Servicer Representative Sample Clauses
The 'Servicer Representative' clause defines the role and authority of an individual or entity appointed to act on behalf of the servicer in a transaction or agreement. This clause typically outlines the scope of the representative's powers, such as making decisions, providing instructions, or communicating with other parties on the servicer's behalf. For example, the representative may be authorized to approve certain actions, deliver notices, or handle routine administrative tasks. The core function of this clause is to ensure efficient and clear communication and decision-making by designating a specific point of contact, thereby streamlining processes and reducing ambiguity in the management of the agreement.
Servicer Representative. The Servicer will designate one or more representatives who will be available to assist the Asset Representations Reviewer in performing the Review, including responding to requests and answering questions from the Asset Representations Reviewer about access to Review Materials on the Servicer’s originations, receivables or other systems, obtaining missing or insufficient Review Materials and/or providing clarification of any Review Materials or Tests.
Servicer Representative. The Servicer will provide reasonable access to one or more designated representatives to respond to reasonable requests and inquiries made by the Asset Representations Reviewer in its completion of a Review.