Common use of Application of Collections After Termination Date Clause in Contracts

Application of Collections After Termination Date. (a) On the Termination Date, the Servicer shall deposit to the Collection Account all Collections held by it on such date (including amounts previously set aside or held by it pursuant to Section 2.06). On each Business Day thereafter, the Servicer shall deposit to the Collection Account, within one (1) Business Day of its receipt thereof, all Collections received by it that have not previously been deposited to the Collection Account. The Servicer shall not make any withdrawals from the Collection Account during such period except for the purpose of distributing such Collections in accordance with this Section 2.07.

Application of Collections After Termination Date. (a) On the Termination Date, the Servicer shall deposit to the Collection Account all Collections (for which it has good funds) held by it on such date (including amounts previously set aside or held by it pursuant to Section 2.06)date. On each Business Day thereafter, the Servicer shall deposit (or cause to be deposited) to the Collection Account, within one three (13) Business Day Days of its receipt thereof, all Collections received by it that have not previously been deposited to the Collection Account. The Servicer and the Borrower shall not make any withdrawals from the Collection Account during such period except for from and after the purpose of distributing such Collections in accordance with this Section 2.07Termination Date.

Application of Collections After Termination Date. (a) On the Termination Date, the Servicer shall deposit to the Collection Account all Collections (for which it has good funds) held by it on such date (including amounts previously set aside or held by it pursuant to Section 2.06)date. On each Business Day thereafter, the Servicer shall deposit (or cause to be deposited) to the Collection Account, within one three (13) Business Day Days of its receipt thereof, all Collections received by it that have not previously been deposited to the Collection Account. The Servicer shall not make any withdrawals from the Collection Account during such period except for the purpose of distributing such Collections in accordance with this Section 2.07.

Application of Collections After Termination Date. (a) On the Termination Date, the Servicer shall deposit to the Collection Account all Collections (for which it has good funds) held by it on such date (including amounts previously set aside or held by it pursuant to Section 2.06)date. On each Business Day thereafter, the Servicer shall deposit (or cause to be deposited) to the Collection Account, within one three (13) Business Day Days of its receipt thereof, all Collections received by it that have not previously been deposited to the Collection Account. The Servicer shall not make any withdrawals from the Collection Account during such period except for the purpose of distributing such Collections in accordance with this Section 2.07...

Application of Collections After Termination Date. (a) On the Termination Date, the Servicer shall deposit to the Collection Account all Collections held by it on such date (including amounts previously set aside or held by it pursuant to Section 2.062.04(a)). On each Business Day thereafterthereafter until the Final Payout Date, the Servicer shall deposit to the Collection Account, within one (1) Business Day of its receipt thereof, Account all Collections received by it prior to such Business Day that have not previously been deposited to the Collection Account. The Servicer shall not make any withdrawals from the Collection Account during such period except for the purpose of distributing such Collections in accordance with this Section 2.072.05.

Application of Collections After Termination Date. (a) On the Termination Date, the Servicer shall deposit to the Collection Account all Collections held by it on such date (including amounts previously set aside or held by it pursuant to Section 2.06). On each Business Day thereafter, the Servicer shall deposit to the Collection Account, within one (1) Business Day of its receipt thereof, all Collections received by it that have not previously been deposited to the Collection Account. The Servicer shall not make any withdrawals from the Collection Account during such period except for the purpose of distributing such Collections in accordance with this Section 2.07period.

Application of Collections After Termination Date. (a) On the Termination Date, the Servicer shall deposit deposit, at the instructions of the Program Agent, to the Collection Account all Collections held by it on such date (including amounts previously set aside or held by it pursuant to Section 2.06). On each Business Day thereafter, the Servicer shall deposit to the Collection Account, within one (1) Business Day of its receipt thereof, all Collections received by it that have not previously been deposited to the Collection Account. The Servicer shall not make any withdrawals from the Collection Account during such period except for the purpose of distributing such Collections in accordance with this Section 2.07.