Application of Collections Prior to Termination Date. (a) On each Business Day prior to the Termination Date, the Servicer shall cause all Collections received (or deemed received pursuant to Section 2.09) on such day to be applied in the following order and priority:
Appears in 5 contracts
Samples: Receivables Loan and Servicing Agreement (NRG Energy, Inc.), Receivables Loan and Servicing Agreement (NRG Energy, Inc.), Receivables Loan and Servicing Agreement (NRG Energy, Inc.)
Application of Collections Prior to Termination Date. (a) On each Business Day prior to the Termination Date, the Servicer shall cause all Collections received (or deemed received pursuant to Section 2.09) on such day to be applied in the following order and priority:
Appears in 4 contracts
Samples: Loan and Servicing Agreement (Teco Energy Inc), Loan and Servicing Agreement (Puget Sound Energy Inc), Loan and Servicing Agreement (Puget Energy Inc /Wa)
Application of Collections Prior to Termination Date. (a) On each Business Day (other than a Settlement Date) prior to the Termination Date, the Servicer shall cause all Collections actually received (or deemed received pursuant to Section 2.09) in cash on such day to be applied in the following order and priority:
Appears in 3 contracts
Samples: Loan and Servicing Agreement (Newell Brands Inc.), Loan and Servicing Agreement (Newell Brands Inc), Loan and Servicing Agreement (Newell Brands Inc)
Application of Collections Prior to Termination Date. (a) On each Business Day prior to the Termination Date, the Servicer shall cause all shall, out of the Collections received (or deemed received prior to such Business Day and not previously applied pursuant to this Section 2.09) 2.04 (including, if applicable, any investment earnings received with respect to funds on deposit in the Collection Account), apply such day to be applied Collections in the following order and priority:
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Medco Health Solutions Inc), Receivables Purchase Agreement (Medco Health Solutions Inc)
Application of Collections Prior to Termination Date. (a) On each Business Day prior to the Termination Date, the Servicer shall cause all Collections received (or deemed received pursuant to Section 2.09) on such day to be applied in the following order and priority:; provided, however, that any amounts required to be paid under Section 2.06(b) shall be paid before any payments are made under this Section 2.06(a):
Appears in 1 contract
Application of Collections Prior to Termination Date. (a) On each Business Day (other than a Settlement Date) prior to the Termination Date, the Servicer shall cause all Collections received (or deemed received pursuant to Section 2.09) on such day to be applied in the following order and priority:
Appears in 1 contract
Samples: Loan and Servicing Agreement (Newell Rubbermaid Inc)
