Common use of Allocation of Collections Between Finance Charge Receivables and Principal Receivables Clause in Contracts

Allocation of Collections Between Finance Charge Receivables and Principal Receivables. At all times and for all purposes of this Agreement, the Base Indenture and any Series Supplement, the Servicer shall allocate Collections received in respect of any Premium Finance Obligation for any Monthly Period to Finance Charge Receivables and to Principal Receivables in the manner specified in subsection 1.02(f) hereof.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (A I Receivables Transfer Corp), Base Indenture (A I Receivables Transfer Corp)

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Allocation of Collections Between Finance Charge Receivables and Principal Receivables. At all times and for all purposes of this Agreement, the Base Indenture and any Series SupplementIndenture, the Servicer shall allocate Collections received in respect of any Premium Finance Obligation for any Monthly Period to Finance Charge Receivables and to Principal Receivables in the manner specified in subsection 1.02(f1.2(f) hereofof the Sale and Servicing Agreement.

Appears in 1 contract

Samples: Base Indenture (A I Receivables Transfer Corp)

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Allocation of Collections Between Finance Charge Receivables and Principal Receivables. At all times and for all purposes of this Agreement, the Base Indenture and any Series Supplement, the Servicer shall allocate Collections received in respect of any Premium Finance Obligation Loan for any Monthly Period to Finance Charge Receivables and to Principal Receivables in the manner specified in subsection 1.02(f) hereof).

Appears in 1 contract

Samples: Pooling and Servicing Agreement (A I Receivables Corp)

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