Common use of Allocations of Collections Clause in Contracts

Allocations of Collections. For purposes of determining the Outstanding Receivables Balances of Receivables at any time, the Purchaser and the Seller agree that the Seller shall apply all Collections on a Receivable by Receivable basis.

Appears in 26 contracts

Samples: Receivables Purchase Agreement (Conns Inc), Receivables Purchase Agreement (Conns Inc), Receivables Purchase Agreement (Conns Inc)

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Allocations of Collections. For purposes of determining the Outstanding Aggregate Receivables Balances Principal Balance of Receivables at any time, the Purchaser and the Seller agree that the Seller shall apply all Collections on a Receivable by Receivable basis.

Appears in 3 contracts

Samples: Omnibus Amendment (Conns Inc), Omnibus Amendment (Conns Inc), Receivables Purchase Agreement (Conns Inc)

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