Common use of Allocations and Applications of Collections and Other Funds Clause in Contracts

Allocations and Applications of Collections and Other Funds. The Servicer will apply all Collections with respect to the Receivables and all funds on deposit in the Collection Account as described in Article IV of the Pooling and Servicing Agreement.

Appears in 15 contracts

Samples: Receivables Contribution and Sale Agreement (CDF Funding, Inc.), Receivables Contribution and Sale Agreement (CDF Funding, Inc.), Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC)

AutoNDA by SimpleDocs

Allocations and Applications of Collections and Other Funds. The Servicer will apply all Collections with respect to the Receivables and all funds on deposit in the Collection Account as described in Article IV of the Pooling Trust Sale and Servicing AgreementAgreement and Article VIII of the Indenture.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Volkswagen Credit Auto Master Owner Trust), Receivables Purchase Agreement (Wodfi LLC), Receivables Purchase Agreement (Volkswagen Dealer Finance LLC)

AutoNDA by SimpleDocs

Allocations and Applications of Collections and Other Funds. The Servicer will shall apply all Collections with respect to the Receivables and all funds on deposit in the Collection Account as described in Article IV of the Pooling Sale and Servicing AgreementAgreement and Article VIII of the Indenture.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Textron Financial Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!