Common use of Collection of Funds Clause in Contracts

Collection of Funds. Except as permitted under this Indenture, the Indenture Trustee may demand payment or delivery of, and will receive and collect, directly the funds and other property payable to or to be received by the Indenture Trustee under this Indenture and the Sale and Servicing Agreement. The Indenture Trustee will apply the funds and other property received by it, and will make deposits to, and distributions from, the Bank Accounts, under this Indenture and the Sale and Servicing Agreement.

Collection of Funds. Except as permitted under this Indenture, the Indenture Trustee may demand payment or delivery of, and will receive and collect, directly the funds and other property payable to or to be received by the Indenture Trustee under this Indenture Indenture, the Exchange Note Supplement and the Sale and Servicing AgreementSupplement. The Indenture Trustee will apply the funds and other property received by it, and will make deposits to, and distributions from, the Bank Accounts, under this Indenture Indenture, the Exchange Note Supplement and the Sale and Servicing AgreementSupplement.

Collection of Funds. Except as permitted under this Indenture, the Indenture Trustee may demand payment or delivery of, and will receive and collect, directly the funds and other property payable to or to be received by the Indenture Trustee Note Paying Agent under this Indenture and the Sale Transfer and Servicing Agreement. The Indenture Trustee Note Paying Agent will apply the funds and other property received by it, and will make deposits tointo, and distributions from, the Bank Accounts, under this Indenture and the Sale Transfer and Servicing Agreement.