Additional Deposits and Payments. On the date specified in Section 3.6 of this Agreement, the Servicer will deposit into the Collection Account the aggregate Repurchase Price with respect to Repurchased Receivables purchased by the Servicer pursuant to Section 3.6 on such date and the Servicer will deposit into the Collection Account all amounts, if any, to be paid under Section 7.1 in connection with the Optional Purchase. All such deposits with respect to any such date which is a Payment Date will be made, in immediately available funds by the close of business on the Business Day prior to such Payment Date related to such Collection Period. 12 COPAR 2020-1 Servicing Agreement
Appears in 2 contracts
Samples: Servicing Agreement (Capital One Prime Auto Receivables Trust 2020-1), Servicing Agreement (Capital One Prime Auto Receivables Trust 2020-1)
Additional Deposits and Payments. On the date specified in Section 3.6 of this Agreement, the Servicer will deposit into the Collection Account the aggregate Repurchase Price with respect to Repurchased Receivables purchased by the Servicer pursuant to Section 3.6 on such date and the Servicer will deposit into the Collection Account all amounts, if any, to be paid under Section 7.1 in connection with the Optional Purchase. All such deposits with respect to any such date which is a Payment Date will be made, in immediately available funds by the close of business on the Business Day prior to such Payment Date related to such Collection Period. 12 COPAR 20202022-1 Servicing Agreement
Appears in 2 contracts
Samples: Servicing Agreement (Capital One Auto Receivables LLC), Servicing Agreement (Capital One Prime Auto Receivables Trust 2022-1)
Additional Deposits and Payments. On the date specified in Section 3.6 of this Agreement, the Servicer will deposit into the Collection Account the aggregate Repurchase Price with respect to Repurchased Receivables purchased by the Servicer pursuant to Section 3.6 on such date and the Servicer will deposit into the Collection Account all amounts, if any, to be paid under Section 7.1 in connection with the Optional Purchase. All such deposits with respect to any such date which is a Payment Date will be made, in immediately available funds by the close of business on the Business Day prior to such Payment Date related to such Collection Period. 12 COPAR 20202023-1 Servicing Agreement
Appears in 2 contracts
Samples: Servicing Agreement (Capital One Prime Auto Receivables Trust 2023-1), Servicing Agreement (Capital One Prime Auto Receivables Trust 2023-1)
