Cash Management Systems: Deposit of Collections. The Seller shall transfer, or cause to be transferred, all Collections received by the Seller to the appropriate account of the Purchaser by the close of business on the Business Day following the date such Collections are received.
Cash Management Systems: Deposit of Collections. To the extent the Seller (in its capacity as such) receives any Collections with respect to the Transferred Assets, the Seller shall transfer, or cause to be transferred, all such Collections to the Collection Account by the close of business on the second Business Day following the date such Collections are received by the Seller.
Cash Management Systems: Deposit of Collections. The Seller shall direct all Obligors to make payments on the Receivables directly to the Lockbox Account and shall deposit or cause to be deposited promptly into the Lockbox Account and in any event no later than the second Business Day after receipt thereof, all Collections it may receive with respect to any Receivable or any other proceeds of any Receivable.
Cash Management Systems: Deposit of Collections. The Seller acknowledges that all Interest Proceeds and Principal Proceeds received by it or its Affiliates from and after the related Purchase Date with respect to the Transferred Assets (other than Excluded Amounts) Conveyed to the Purchaser are held and shall be held in trust for the benefit of the Purchaser and its assignees until deposited into the Collection Account as required in the Loan Agreement. The Seller shall transfer, or cause to be transferred, all Interest Proceeds and Principal Proceeds received by it from and after the related Purchase Date with respect to the Transferred Assets (other than Excluded Amounts) Conveyed to the Purchaser to the Collection Account by the close of business on the second Business Day following the date such Interest Proceeds or Principal Proceeds are received by the Seller. BUSINESS.30700594.6
Cash Management Systems: Deposit of Collections. The Transferor shall hold in trust for the benefit of the Transferee and its assignees all Proceeds received by it or its Affiliates with respect to the Transferred Assets (other than the Excluded Amounts) Conveyed to the Transferee, and shall transfer, or cause to be transferred, all Collections received by the Transferor to the Collection Account by the close of business on the Business Day following the date such Collections are received. The Transferor shall promptly remit to the Transferee or the Transferee’s designee any payment or any other sums relating to, or otherwise payable on account of, the Transferred Assets (other than Excluded Amounts) that the Transferor receives after the applicable Conveyance Date.
Cash Management Systems: Deposit of Collections. The Transferor shall transfer, or cause to be transferred, all Collections received by the Transferor to the Collection Account by the close of business on the second (2nd) Business Day following the date such Collections are received. US-DOCS\148129643.6
Cash Management Systems: Deposit of Collections. To the extent the Transferor receives any Collections due to the Transferee with respect to the Transferred Assets (excluding, for the avoidance of doubt, payments in respect of the Retained Deferred Purchase Price Amount) transferred by it to the Transferee, the Transferor shall transfer, or use commercially reasonable efforts to cause to be transferred, all such Collections to the Collection Account by the close of business on the second Business Day following the date such Collections are received by the Transferor. Upon the transfer of the Transferred Assets, the Transferor shall, or allow the Transferee on its behalf, direct each Asset Vehicle to make payments (excluding, for the avoidance of doubt, payments in respect of the Retained Deferred Purchase Price Amount) in respect of each related Transferred Asset Conveyed hereunder directly into the Collection Account.
