Payments on the Timeshare Loans. (a) The Servicer shall, in a manner consistent with the Servicing Standard, collect all payments made under each Timeshare Loan and instruct each applicable Obligor to timely direct all payments in respect of his or her Timeshare Loan to the Lockbox Account maintained at the Lockbox Bank and, with respect to Credit Card Timeshare Loans, direct each applicable credit card vendor to deposit all payments in respect of such Credit Card Timeshare Loans into the Lockbox Account.
Appears in 10 contracts
Samples: Indenture (Bluegreen Vacations Holding Corp), Indenture (BBX Capital Corp), Indenture (Bluegreen Vacations Corp)
Payments on the Timeshare Loans. (a) The Servicer shall, in a manner consistent with the Servicing Standard, collect all payments made under each Timeshare Loan and instruct direct each applicable Obligor to timely direct make all payments in respect of his or her Timeshare Loan to the Lockbox Account maintained at the Lockbox Bank and, with respect to Credit Card Timeshare Loans, direct each applicable credit card vendor to deposit all payments in respect of such Credit Card Timeshare Loans into to the Lockbox Credit Card Account.
Appears in 5 contracts
Samples: Indenture (Bluegreen Corp), Indenture (Bluegreen Corp), Indenture (Bluegreen Corp)
Payments on the Timeshare Loans. (a) The Servicer shall, in a manner consistent with the Servicing Standard, collect all payments made under each Timeshare Loan and instruct direct each applicable Obligor to timely direct make all payments in respect of his or her Timeshare Loan to the Lockbox Account maintained at the Lockbox Bank and, with respect to Credit Card Timeshare Loans, direct each applicable credit card vendor to deposit all payments in respect of such Credit Card Timeshare Loans into to the Lockbox AccountCredit Card Account (net of any Servicer Credit Card Processing Costs).
Appears in 5 contracts
Samples: Indenture (Bluegreen Corp), Bluegreen Corp, Bluegreen Corp
Payments on the Timeshare Loans. (a) The Servicer shall, in a manner consistent with the Servicing Standard, collect reflect all payments made under each Timeshare Loan and instruct direct each applicable Obligor to timely direct make all payments in respect of his or her Timeshare Loan to the Lockbox Account maintained at the Lockbox Bank and, with respect to Credit Card Timeshare Loans, direct each applicable credit card vendor to deposit all payments in respect of such Credit Card Timeshare Loans into the Lockbox AccountBank.
Appears in 5 contracts
Samples: Indenture (Silverleaf Resorts Inc), Indenture (Silverleaf Resorts Inc), Indenture (Silverleaf Resorts Inc)
Payments on the Timeshare Loans. (a) The Servicer shall, in a manner consistent with the Servicing Standard, collect all payments made under each Timeshare Loan and instruct direct each applicable Obligor to timely direct make all payments in respect of his or her Timeshare Loan to the Lockbox Account maintained at the Lockbox Bank and, with respect to Credit Card Timeshare Loans, direct each applicable credit card vendor to deposit all payments in respect of such Credit Card Timeshare Loans into the Lockbox Account.
Appears in 3 contracts
Samples: Note Funding Agreement (BBX Capital Corp), Note Funding Agreement (Bluegreen Vacations Corp), BXG Timeshare (Bluegreen Vacations Holding Corp)
Payments on the Timeshare Loans. (a) The Servicer shall, shall in a manner consistent with the Servicing StandardCredit and Collection Policy, collect all payments made under each Timeshare Loan and instruct cause each applicable Obligor to timely direct make all payments in respect of his or her Timeshare Loan to the Lockbox a Control Account maintained at the Lockbox Bank and, with respect subject to Credit Card Timeshare Loans, direct each applicable credit card vendor to deposit all payments in respect of such Credit Card Timeshare Loans into the Lockbox Accounta Control Agreement.
Appears in 3 contracts
Samples: Indenture and Servicing Agreement (MARRIOTT VACATIONS WORLDWIDE Corp), Indenture and Servicing Agreement (Marriott Vacations Worldwide Corp), Indenture and Servicing Agreement (Marriott Vacations Worldwide Corp)
Payments on the Timeshare Loans. (a) a. The Servicer shall, in a manner consistent with the Servicing Standard, collect reflect all payments made under each Timeshare Loan and instruct direct each applicable Obligor to timely direct make all payments in respect of his or her Timeshare Loan to the Lockbox Account maintained at the Lockbox Bank and, with respect to Credit Card Timeshare Loans, direct each applicable credit card vendor to deposit all payments in respect of such Credit Card Timeshare Loans into the Lockbox AccountBank.
Appears in 2 contracts
Samples: Silverleaf Resorts Inc, Silverleaf Resorts Inc
Payments on the Timeshare Loans. (a) The Servicer shall, in a manner consistent with the Servicing Standard, collect all payments made under each Timeshare Loan and instruct direct each applicable Obligor to timely direct make all payments in respect of his or her Timeshare Loan to the Lockbox Account maintained at the Lockbox Bank and, with respect to Credit Card Timeshare Loans, direct each applicable credit card vendor to deposit all payments in respect of such Credit Card Timeshare Loans into the Lockbox AccountBank.
Appears in 2 contracts
Samples: Loan Sale and Servicing Agreement (Bluegreen Corp), Indenture (Bluegreen Corp)
Payments on the Timeshare Loans. (a) The a)The Servicer shall, in a manner consistent with the Servicing Standard, collect all payments made under each Timeshare Loan and instruct each applicable Obligor to timely direct all payments in respect of his or her Timeshare Loan to the Lockbox Account maintained at the Lockbox Bank and, with respect to Credit Card Timeshare Loans, direct each applicable credit card vendor to deposit all payments in respect of such Credit Card Timeshare Loans into to the Lockbox AccountCredit Card Account (net of any Servicer Credit Card Processing Costs).
Appears in 2 contracts
Samples: Indenture (BBX Capital Corp), Indenture (BFC Financial Corp)
Payments on the Timeshare Loans. (a) The Servicer shall, in a manner consistent with the Servicing Standard, collect all payments made under each Timeshare Loan and instruct direct each applicable Obligor to timely direct make all payments in respect of his or her Timeshare Loan to the Lockbox Account maintained at the Lockbox Bank and, with respect to Credit Card Timeshare Loans, direct each applicable credit card vendor to deposit all payments in respect of such Credit Card Timeshare Loans into the Lockbox AccountBank.
Appears in 2 contracts
Payments on the Timeshare Loans. (a) The Servicer shall, in a manner consistent with the Servicing Standard, collect all payments made under each Timeshare Loan and instruct direct each applicable Obligor to timely direct make all payments in respect of his or her Timeshare Loan to the Lockbox Account maintained at the Lockbox Bank and, with respect to any applicable Credit Card Timeshare Loans, direct each applicable credit card vendor to deposit all payments in respect of such Credit Card Timeshare Loans into to, if applicable, the Lockbox AccountCredit Card Account (net of any Servicer Credit Card Processing Costs).
Appears in 1 contract
Payments on the Timeshare Loans. (a) The Servicer shall, in a manner consistent with the Servicing Standard, collect all payments made under each Timeshare Loan and instruct direct each applicable Obligor to timely direct make all payments in respect of his or her Timeshare Loan to the Lockbox Account maintained at the Lockbox Bank and, with respect to Credit Card Timeshare Loans, direct each 25 applicable credit card vendor to deposit all payments in respect of such Credit Card Timeshare Loans into the Lockbox Account.
Appears in 1 contract
Samples: Indenture (BBX Capital Corp)
Payments on the Timeshare Loans. (a) The Servicer shall, in a manner consistent with the Servicing Standard, collect all payments made under each Timeshare Loan and instruct each applicable Obligor to timely direct all payments in respect of his or her Timeshare Loan to the Lockbox Account maintained at the Lockbox Bank (or any successor lockbox bank) and, with respect to Credit 34 Card Timeshare Loans, direct each applicable credit card vendor to deposit all payments in respect of such Credit Card Timeshare Loans into the Lockbox Account.
Appears in 1 contract
Samples: BXG Receivables Note (Bluegreen Vacations Holding Corp)
Payments on the Timeshare Loans. (a) The Servicer shall, in a manner consistent with the Servicing Standard, collect all payments made under each Timeshare Loan and instruct each applicable Obligor to timely direct all payments in respect of his or her Timeshare Loan to the Lockbox Account maintained at the Lockbox Bank and, with respect to Credit Card Timeshare Loans, direct each applicable credit card vendor to deposit all payments in respect of such Credit Card Timeshare Loans into to the Lockbox AccountCredit Card Account (net of any Servicer Credit Card Processing Costs).
Appears in 1 contract
Samples: Indenture (Bluegreen Corp)
Payments on the Timeshare Loans. (a) The Servicer shall, in a manner consistent with the Servicing Standard, collect all payments made under each Timeshare Loan and instruct direct each applicable Obligor to timely direct make all payments in respect of his or her Timeshare Loan to the Lockbox Account maintained at the Lockbox Bank and, with respect to Credit Card Timeshare Loans, direct each the applicable credit card vendor merchant services provider to deposit all payments in respect of such Credit Card Timeshare Loans into to the Lockbox AccountCredit Card Account (net of any Servicer Credit Card Processing Costs).
Appears in 1 contract
Samples: Note Purchase Agreement (Stratstone/Bluegreen Secured Income Fund, LLC)