Servicer Requirements. Buyer shall be responsible for complying with all state and federal laws, if any, with respect to the ownership and/or servicing of any of the Accounts from and after the applicable Closing Date including, without limitation, the obligation to notify any Debtor of the transfer of the Account and the servicing rights from GTC or GTC's servicing agent to Buyer.
Appears in 2 contracts
Sources: Credit Card Accounts Sale Agreement (MCM Capital Group Inc), Credit Card Accounts Sale Agreement (MCM Capital Group Inc)