Allocation of Collections; Segregation. Servicer shall set aside and hold in trust Collections of Pool Assets in accordance with Section 1.3. Servicer acknowledges and agrees that the Pool Assets have been sold and assigned to the Seller pursuant to the Sale Agreement and no portion of the Collections with respect thereto held by the Servicer prior to depositing into a Collection Account, an Originator Specified Account or the Concentration Account shall constitute property of the Servicer.
Allocation of Collections; Segregation. The Master Servicer shall identify for the account of the Seller and Investors their respective allocable shares of the Collections of Pool Receivables in accordance with Section 1.3 but shall not be required (unless otherwise requested by the Administrative Agent or any Purchaser Agent, on behalf of such Purchaser Agent’s Purchaser Group) to segregate the funds constituting such portions of such Collections prior to the remittance thereof in accordance with said Section. If instructed by the Administrative Agent or any Purchaser Agent, the Master Servicer shall segregate and deposit into the Collection Account, the Investors’ Share of Collections of Pool Receivables, on the second Business Day following receipt by the Master Servicer of such Collections in immediately available funds. The Master Servicer shall, from time to time after the occurrence and during the continuance of an Unmatured Liquidation Event or a Liquidation Event, at the request of any Purchaser Agent, furnish to such Purchaser Agent (promptly after any such request) a calculation of the amounts set aside for the Investors in such Purchaser Agent’s Purchaser Group pursuant to Section 3.1.
Allocation of Collections; Segregation. The Servicer shall apply and remit Collections in accordance with the terms of this Agreement, including without limitation, Section 7.04(g).
Allocation of Collections; Segregation. Servicer shall set aside for the account of Seller and Purchasers their respective allocable shares of the Collections of Pool Receivables in accordance with Section 1.03 but shall not be required (unless otherwise instructed by the Administrator) to segregate the funds constituting such portions of such Collections prior to the remittance thereof in accordance with Section 3.01. If instructed by the Administrator, Servicer shall segregate and deposit with a bank designated by the Administrator, Purchasers' Share of Collections, on the second Business Day following receipt by Servicer of such Collections in immediately available funds.
Allocation of Collections; Segregation. Master Servicer shall set aside and hold in trust Collections of Pool Receivables in accordance with Section 1.3.
Allocation of Collections; Segregation. The Servicer shall set aside and hold in trust Collections of Pool Receivables in accordance with Section 1.3. The Servicer shall allocate the amount of each Obligation payable to the Collateral Agent, any Administrative Agent, any Purchaser Agent, any Purchaser, any Indemnified Party or any Affected Party to the Receivable Pool to which such obligation is directly attributable. If the amounts payable in respect of any Obligation are not directly attributable to a single Receivable Pool, the Servicer shall (or, upon the occurrence and continuation of an Event of Termination, Collection Control Event or Non-Reinvestment Event, the Collateral Agent shall) allocate such amounts to each Receivable Pool based upon the respective Allocation Percentage for each such Receivable Pool.
Allocation of Collections; Segregation. The Master Servicer shall identify and hold in trust for the account of the Seller and Purchaser their respective allocable shares of the Collections of Pool Receivables in accordance with Section 1.3 but shall not be required (unless otherwise requested by the Agent, on the Purchaser's behalf, after the occurrence and during the continuance of a Liquidation Event) to segregate the funds constituting such portions of such Collections prior to the remittance thereof in accordance with said Section. If instructed by the Agent, on the Purchaser's behalf, after the occurrence and during the continuance of a Liquidation Event, the Master Servicer shall segregate and deposit into the Collection Account, the Purchaser's share of Collections of Pool Receivables, on the second Business Day following receipt by the Master Servicer of such Collections in immediately available funds.
Allocation of Collections; Segregation. Servicer shall set aside (or, if applicable, otherwise provide for its availability on the next Settlement Date) for the account of Seller and the Purchasers their respective Pro Rata Shares of the Collections of Pool Receivables in accordance with Section 1.3. Servicer shall segregate and deposit in immediately available funds into the Administrator’s Account, the Purchasers’ Share of Collections (to the extent required to be deposited therein pursuant to Section 1.3), not later than the second (2nd) Business Day following receipt by Servicer of such Collections.
Allocation of Collections; Segregation. Servicer shall set aside for the account of Seller and Purchaser their respective allocable shares of the Collections of Pool Receivables in accordance with SECTION 1.03 but except as required herein shall not be required (unless required under SECTION 1.03 or ARTICLE III or otherwise reasonably requested by the Administrator or the Relationship Bank) to segregate the funds constituting such portions of such Collections prior to the remittance thereof in accordance with said Sections. If instructed by the Administrator or the Relationship Bank, Servicer shall segregate and deposit with a bank designated by the Administrator the Purchaser's Share of Collections of Pool Receivables, on the Business Day of deposit by Servicer of such Collections in the Collection Account.
Allocation of Collections; Segregation. Servicer shall set aside for the account of the Transferor, the Purchaser and each Bank Investor, their respective allocable shares of the Collections of Pool Receivables in accordance with SECTIONS 3.1 and 3.2 but shall not be required (unless otherwise requested by the Agent, and subject to SECTION 3.7) to segregate the funds constituting such portions of such Collections, or to segregate the respective allocable shares of Enterprise and the Enterprise Liquidity Provider and the Enterprise Credit Support Provider, as applicable, prior to the remittance thereof in accordance with said Sections. If instructed by the Agent, Servicer shall segregate and deposit with the Agent such allocable shares of Collections of Pool Receivables, set aside for the Purchaser, the Bank Investors, the Enterprise Liquidity Provider and Enterprise Credit Support Provider and any other assignee from the Purchaser or any Bank Investor of any Undivided Interest, on the first Business Day following receipt by Servicer of such Collections in immediately available funds.
