Application of Collections; Credit and Discounts. Any payment by a Buyer or otherwise in respect of any amounts owed by it to Supplier in respect of any Purchased Assets shall be applied first, as a Collection of the Purchased Receivables of such Buyer in the order of the age of such Receivables, starting with the oldest of such Receivables, second, as a Collection of any other Receivables of such Buyer, and third, to any other amounts owed by such Buyer, notwithstanding any remittance advice or other instruction from a Buyer to the contrary. Any credits, discounts, allowances or other deductions available to a Buyer shall be applied first to Receivables other than Purchased Receivables.
Application of Collections; Credit and Discounts. If Servicer is unable to identify any payment by an Account Debtor (by invoice amount or otherwise) as relating to a particular Receivable, if any such payment is misidentified or if Wells dexxxxxnes that the Servicer’s reconciliation is otherwise incorrect or inaccurate, the relevant amounts shall be applied as a Collection of the Purchased Receivables of such Account Debtor in the order of the age of such Purchased Receivables, starting with the oldest of such Purchased Receivables.
Application of Collections; Credit and Discounts. Any payment by an Account Debtor in respect of any Receivables that is not identified as relating to a particular Receivable and cannot otherwise be reasonably identified (by invoice amount or otherwise) as relating to a particular Receivable shall be applied as a Collection of the Purchased Receivables of such Account Debtor, in the order of the age of such Purchased Receivables, starting with the oldest of such Purchased Receivables.
