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Common use of Servicer Termination Event Clause in Contracts

Servicer Termination Event. A Servicer Termination Event occurs that has an Adverse Effect;

Appears in 43 contracts

Sources: Indenture Supplement (Ford Credit Floorplan LLC), Indenture Supplement (Ford Credit Floorplan LLC), Indenture Supplement (Ford Credit Floorplan LLC)

Servicer Termination Event. A Servicer Termination Event occurs that has an Adverse Effect;

Appears in 1 contract

Sources: Indenture Supplement (Ford Credit Floorplan LLC)

Related Clauses

  • Servicer Termination Events
  • Consequences of a Servicer Termination Event
  • Other Termination Events
  • Transfer to Avoid Termination Event
  • Additional Termination Event

Parent Clauses

  • Default
  • Performance of Obligations
  • Covenants Representations and Warranties
  • Servicer Termination Events
  • Representations and Warranties

Sub-Clauses

  • Optional Purchase of All Receivables
  • Binding Obligation
  • No Violation
  • No Liens
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