Collection Activities Clause Samples

Collection Activities. Agency will investigate all accounts referred to it for collection by the Client and will attempt collection by correspondence and telephone solicitation.

Collection Activities. (a) Buyer appoints AAR as its servicer and agent (in such capacity, the “Servicer”) for the administration and servicing of all Purchased Receivables sold to Buyer hereunder, and AAR hereby accepts such appointment and agrees to assume the duties and the administration and servicing obligations as Servicer, and perform all necessary and appropriate commercial collection activities in arranging the timely payment of amounts due and owing by any Account Debtor, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, including, without limitation, diligently and faithfully performing all servicing and collection actions (including, if necessary, acting as party of record in foreign jurisdictions); provided, however, that such appointment as Servicer shall not release any Seller from any of its duties, responsibilities, liabilities and obligations resulting from or arising hereunder. Buyer may replace the Servicer in the manner set forth in Section 4(e) hereto. In connection with its servicing obligations, Servicer will, and will ensure that each Seller will, perform their respective obligations and exercise their respective rights under contracts related to the Purchased Receivables with the same care and applying the same policies as they apply to their own Receivables generally and would exercise and apply if they owned the Purchased Receivables and shall use commercially reasonable efforts to maximize Collections. (b) Servicer has established the Collection Account to receive amounts owing under the Purchased Receivables and covenants to maintain such account so long as any Purchased Receivable remains unpaid unless otherwise agreed to in writing by Buyer. The Collection Account may contain funds relating to Receivables in addition to the amounts owing under the Purchased Receivables, provided that adequate records are created and maintained to identify clearly the funds in the Collection Account that relate to the Purchased Receivables. The parties shall use commercially reasonable efforts to negotiate and enter into an account control agreement covering the existing Collection Account in form and substance reasonably satisfactory to the Buyer on or prior to the DACA Date. If such account control agreement has not been entered into by such date, and neither the Seller Representative nor the Buyer shall have elected to terminate this Agreement pursuant to the second sentence of Section 12(c), then the Servicer sha...

Collection Activities. The Assignor shall take (a) such action for due collection of the Purchased Receivables as it would take for Receivables held for its own account (and shall use the same or greater level of care In connection therewith) and (b) such additional action from time to time reasonably required by the Bank. Such action shall include, but not be limited to, periodic reminders either In writing or through follow-up telephone calls. The Assignor may not delegate such collection activities, whether in whole or in part, without the Bank’s prior written consent.

Collection Activities. Mobility shall be responsible for the collection of all accounts receivable relating to the sale of Mobility Products, but Sales Rep agrees to provide reasonable assistance to Mobility in this area for customers of Mobility managed by Sales Rep (e.g., making phone calls, requesting payment and/or other communications with the customer) as reasonably requested by Mobility from time to time.

Collection Activities. Subservicer shall proceed with reasonable diligence and in accordance with the Home Equity Line Servicing Procedures, Accepted Servicing Practices to collect all outstanding payments when the same are due and payable and shall follow such collection procedures as it follows with respect to Loans comparable to the Loans held for its own account. Notwithstanding the foregoing, Subservicer shall not agree to any delinquent payment arrangement that would change the terms of any Borrower Agreement without prior approval from Owner and shall not (i) send any notice of acceleration to a Borrower; or (ii) institute any foreclosure or other legal proceeding; unless it determines that any such acceleration, foreclosure or other legal proceedings are in its judgment appropriate with respect to any Loan and in the best interest of the Owner.

Collection Activities. On each Reconciliation Date hereunder, the Company shall deliver to the Provider copies of all invoices (the “Invoices”), in electronic format, that have been delivered to Account Debtors by the Company for products delivered during such month (to the extent not previously delivered pursuant to the terms of the Credit Agreement). The Provider shall have the right to contact customers with outstanding balances, including but not limited to correspondence and telephone contact. All legal proceedings will be the responsibility of the Company. The Provider shall not be responsible whatsoever to the Company in the event that any account balance owed by an Account Debtor is not paid by the Account Debtor.

Collection Activities. For a period of ninety (90) consecutive days commencing on the day immediately following the day on which a payment under a Loan becomes due but is not paid (the “Initial Collection Period”), GMACM shall follow the Bank Servicing Guide(s) in attempting to collect such payment. Unless the Bank notifies GMACM in writing to the contrary, GMACM shall also be responsible for performing all collection and other servicing functions with respect to any delinquent Loan after the Initial Collection Period with respect thereto in accordance with the Servicing Procedures.

Collection Activities. Purchaser shall conduct its collection activities in accordance with all material applicable laws including but not limited to the Consumer Credit Act and the Data Protection Act 1998 (and all related legislation and regulations), provided, however, Purchaser shall only be liable to Parent or Seller for a breach of this Section 6.22 to the extent that Parent or Seller actually incurs or suffers a loss or otherwise incurs liability as a result of a breach by Purchaser of this Section 6.22.

Collection Activities. To the extent permitted by applicable law, you acknowledge and agree that, in an Event of Default, you authorize us to engage in a variety of collection activities, including but not limited to (a) contacting you by email, telephone, SMS, or similar electronic communication method, (b) visiting your place of employment and/or place of residence, and (c) contacting any immediate family member whose information you have provided us, in order to attempt to establish contact with you.