Additional Withdrawals from the Collection Account. On or before the Determination Date with respect to any Due Period, the Servicer shall determine the amounts payable to any Account Owner with respect to such Due Period under the applicable Receivables Purchase Agreement, if any, in respect of amounts on deposit in the Collection Account that were not transferred to the Trust hereunder, and the Servicer shall withdraw such amounts from the Collection Account and pay such amounts to such Account Owner. Amounts paid by or on behalf of any Obligor with respect to any Account will be attributed first to Excluded Receivables to the extent applicable to such Account, and then to Receivables.
Additional Withdrawals from the Collection Account. On or before the Determination Date with respect to any Monthly Period, the Servicer shall determine the amounts payable to each Account Owner with respect to such Monthly Period under the applicable Receivables Purchase Agreement in respect of amounts on deposit in the Collection Account that were not transferred to the Trust hereunder, and the Servicer shall withdraw such amounts from the Collection Account and pay such amount to the applicable Account Owner.
Additional Withdrawals from the Collection Account. On or before the Determination Date with respect to any Monthly Period, the Servicer may direct the Indenture Trustee in writing to withdraw from the Collection Account any amounts it has determined do not constitute Trust Assets and were erroneously deposited into the Collection Account, due to an accounting error or otherwise.
Additional Withdrawals from the Collection Account. On or before the Determination Date with respect to any Monthly Period, the Servicer shall determine the amounts payable to CompuCredit, Columbus Bank or any other Account Owner with respect to such Monthly Period under the applicable Receivables Purchase Agreement in respect of amounts on deposit in the Collection Account that were not transferred to the Issuer hereunder, and the Servicer shall withdraw such amounts from the Collection Account and pay such amount to CompuCredit for distribution to CompuCredit, Columbus Bank or any other Account Owner, as applicable.
Additional Withdrawals from the Collection Account. (a) On each Purchase Date under the Repurchase Agreement, the Servicer shall instruct the Indenture Trustee in writing by 10:00 a.m., Minneapolis, Minnesota time, to withdraw from the Collection Account and deposit to the Spread Account and pay to the account of the Seller specified by the Servicer in such writing, and upon such instruction, the Indenture Trustee shall withdraw from the Collection Account and initiate a wire transfer to the Spread Account and to such account of the Seller no earlier than 2:00 p.m., New York City time, and no later than 3:00 p.m., New York City time, the amounts set forth in such instructions. The aggregate amount set forth in the instruction referred to in the preceding sentence shall be equal to the least of (i) the Purchase Price for the Receivables being purchased by the Issuer on such date, (ii) for any Purchase Date occurring during the period from but excluding a Determination Date through and including the related Distribution Date, an amount equal to the total amount on deposit in the Collection Account on such date over the sum of (A) the amounts to be distributed from or retained in the Collection Account on such Distribution Date pursuant to clauses (i) through (ix) of Section 3.6(a) as set forth in the Servicer's Certificate delivered on such Determination Date, and (B) any increase in the WAC Deficiency Amount on such date, if any, above the WAC Deficiency Amount on such Determination Date, and (iii) an amount equal to the excess of the total amount on deposit in the Collection Account on such date over the WAC Deficiency Amounts, if any, required to be on deposit in the Collection Account on such date. The Servicer shall instruct the Trustee to wire an amount equal to 1% of the aggregate Principal Balance of Receivables being purchased by the Issuer on such date to the Spread Account and the Servicer shall instruct the Trustee to wire the remainder of the amount specified in the preceding sentence to the account of the Seller.
(b) On the Business Day specified by the Seller in the notice of a prepayment of an Advance delivered to the Indenture Trustee pursuant to Section 3(e) of the Repurchase Agreement, the Indenture Trustee shall withdraw from the Collection Account and, if applicable, the Spread Account the amount of such prepayment determined in accordance with the provisions of Section 3(e) of the Repurchase Agreement (as set forth in a certificate of a Responsible Officer of the Seller) and shall deposi...
Additional Withdrawals from the Collection Account. On or before the Determination Date with respect to any Monthly Period, the Servicer shall determine the amounts payable to Heritage Bank of Commerce or any other Account Owner with respect to such Monthly Period under the applicable Receivables Transfer Agreement in respect of amounts on deposit in the Collection Account, if any, that were not transferred to the Transferor under such Receivables Transfer Agreement, and the Servicer shall withdraw such amounts from the Collection Account and pay such amount to Heritage Bank of Commerce or other Account Owner, as applicable.
Additional Withdrawals from the Collection Account. On or before the Determination Date with respect to any Monthly Period, the Servicer shall determine the amounts payable to The Travelers Bank, The Travelers Bank USA or any other Account Owner with respect to such Monthly Period under the applicable Receivables Transfer Agreement in respect of amounts on deposit in the Collection Account that were not transferred to the Transferor under such Receivables Transfer Agreement, and the Servicer shall withdraw such amounts from the Collection Account and pay such amount to The Travelers Bank, The Travelers Bank USA or other Account Owner, as applicable.
Additional Withdrawals from the Collection Account. On or before the Determination Date with respect to any Monthly Period, the Servicer shall determine the amounts payable to ABRC or any Seller with respect to such Monthly Period under the related Receivables Purchase Agreement in respect of amounts credited to the Collection Account that were not transferred to the Trust hereunder, and the Servicer shall withdraw such amounts from the Collection Account and pay such amount to ABRC or such Seller, as the case may be.
Additional Withdrawals from the Collection Account. On or before the Determination Date with respect to any Monthly Period, the Servicer shall determine the amounts payable to CompuCredit, Columbus Bank or any other Account Owner with respect to such Monthly Period under the applicable Receivables Purchase Agreement in respect of amounts on deposit in the Collection Account that were not transferred to the Trust hereunder, and the Servicer shall withdraw such amounts from the Collection Account and pay such amount to CompuCredit for distribution to CompuCredit, Columbus Bank or any other Account Owner, as applicable.
Additional Withdrawals from the Collection Account. On or before the Determination Date with respect to any Monthly Period, the Servicer shall determine the amounts payable to Travelers Bank & Trust, fsb, The Travelers Bank USA or any other Account Owner with respect to such Monthly Period under the applicable Receivables Transfer Agreement in respect of amounts on deposit in the Collection Account, if any, that were not transferred to the Transferor under such Receivables Transfer Agreement, and the Servicer shall withdraw such amounts from the Collection Account and pay such amount to Travelers Bank & Trust, fsb, The Travelers Bank USA or other Account Owner, as applicable.
