Common use of Collection of Money Clause in Contracts

Collection of Money. Except as otherwise expressly provided herein, the Indenture Trustee may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee pursuant to this Indenture and the Sale and Servicing Agreement. The Indenture Trustee shall apply all such money received by it as provided in this Indenture and the Sale and Servicing Agreement. Except as otherwise expressly provided in this Indenture or the Sale and Servicing Agreement, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the Collateral, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.

Appears in 20 contracts

Samples: Indenture (Harley-Davidson Motorcycle Trust 2020-A), Indenture (Harley-Davidson Motorcycle Trust 2020-A), Indenture (Harley-Davidson Motorcycle Trust 2019-A)

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Collection of Money. Except as otherwise expressly provided herein, the Indenture Trustee may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee pursuant to this Indenture and the Sale and Servicing AgreementIndenture. The Indenture Trustee shall apply all such money received by it on behalf of Noteholders, any Swap Counterparty or the Trust pursuant to the Administration Agreement as provided in this Indenture and the Sale and Servicing AgreementIndenture. Except as otherwise expressly provided in this Indenture or the Sale and Servicing AgreementIndenture, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the CollateralIndenture Trust Estate, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.V.

Appears in 10 contracts

Samples: Indenture (SLM Funding LLC), Indenture (SLM Student Loan Trust 2005-7), SLM Student Loan Trust 2005-9

Collection of Money. Except as otherwise expressly provided herein, the Indenture Trustee may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee pursuant to this Indenture and the Sale and Servicing AgreementIndenture. The Indenture Trustee shall apply all such money received by it on behalf of the holders of the Notes pursuant to the Sale and Servicing Agreement as provided in this Indenture and the Sale and Servicing AgreementIndenture. Except as otherwise expressly provided in this Indenture or the Sale and Servicing AgreementIndenture, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the CollateralIndenture Trust Estate, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.V.

Appears in 6 contracts

Samples: Keycorp Student Loan Trust 2000-A, Keycorp Student Loan Trust 2000-B, Indenture (Key Bank Usa National Association)

Collection of Money. Except as otherwise expressly provided herein, the Indenture Trustee may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee pursuant to this Indenture and the Master Sale and Servicing Agreement. The Indenture Trustee shall apply all such money received by it as provided in this Indenture and the Sale and Servicing AgreementSeries Supplement. Except as otherwise expressly provided in this Indenture or in the Master Sale and Servicing Agreement, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the CollateralSeries Trust Estate, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedingsproceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.V.

Appears in 5 contracts

Samples: Indenture (Household Automotive Trust Iv Series 2000-1), Household Automotive Trust v Series 2000 2, Household Auto Receivables Corp

Collection of Money. Except as otherwise expressly ------------------- provided herein, the Indenture Trustee may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee pursuant to this Indenture and the Sale and Servicing AgreementIndenture. The Indenture Trustee shall apply all such money received by it as provided in this Indenture and the Sale Pooling and Servicing Agreement. Except as otherwise expressly provided in this Indenture or in Article III of the Sale Pooling and Servicing Agreement, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the CollateralTrust Estate, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings. Any such action shall be without prejudice to any right to claim a Default or an Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.V.

Appears in 3 contracts

Samples: Indenture (Navistar Financial Retail Receivables Corporation), Servicing Agreement (Navistar Financial Retail Receivables Corporation), Navistar Financial Retail Receivables Corporation

Collection of Money. Except as otherwise expressly provided herein, the Indenture Trustee may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee pursuant to this Indenture and the Sale and Servicing AgreementIndenture. The Indenture Trustee shall apply all such money received by it on behalf of Noteholders, the Currency Swap Counterparty or the Trust pursuant to the Administration Agreement as provided in this Indenture and the Sale and Servicing AgreementIndenture. Except as otherwise expressly provided in this Indenture or the Sale and Servicing AgreementIndenture, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the CollateralIndenture Trust Estate, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.V.

Appears in 3 contracts

Samples: Indenture (SLM Student Loan Trust 2007-4), Indenture (SLM Student Loan Trust 2006-10), Indenture (SLM Student Loan Trust 2006-6)

Collection of Money. Except as otherwise expressly provided herein, the Indenture Trustee may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee pursuant to this Indenture and the Sale Pooling and Servicing Agreement. The Indenture Trustee shall apply all such money received by it as provided in this Indenture and the Sale Pooling and Servicing AgreementAgreement and this Indenture. Except as otherwise expressly provided in this Indenture or the Sale and Servicing AgreementIndenture, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the Collateral, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.

Appears in 3 contracts

Samples: Indenture (Cit Funding Co, LLC), Indenture (CIT Equipment Collateral 2008-Vt1), Cit Equipment Collateral 2006-Vt2

Collection of Money. Except as otherwise expressly provided herein, the Indenture Trustee or the Paying Agent may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee or the Paying Agent, as applicable, pursuant to this Indenture and the Sale and Servicing AgreementIndenture. The Indenture Trustee or the Paying Agent, as applicable, shall apply all such money received by it as provided in this Indenture and the Sale and Servicing AgreementIndenture. Except as otherwise expressly provided in this Indenture or the Sale and Servicing AgreementIndenture, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the CollateralTrust Estate, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.V.

Appears in 2 contracts

Samples: Wachovia Asset Sec Series 2004 - HE1, Wachovia Asset Securitization Inc 2003-He2 Trust

Collection of Money. Except as otherwise expressly provided herein, the Indenture Trustee may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee pursuant to this Indenture and the Sale and Servicing AgreementIndenture. The Indenture Trustee shall apply all such money received by it on behalf of Noteholders, [any Swap Counterparty] or the Trust pursuant to the Administration Agreement as provided in this Indenture and the Sale and Servicing AgreementIndenture. Except as otherwise expressly provided in this Indenture or the Sale and Servicing AgreementIndenture, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the CollateralIndenture Trust Estate, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.V.

Appears in 2 contracts

Samples: Indenture (SLM Funding LLC), Indenture (SLM Funding LLC)

Collection of Money. Except as otherwise expressly provided herein, the Indenture Trustee may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee pursuant to this Indenture and the Sale and Servicing Agreement. The Indenture Trustee shall apply all such money received by it it, as provided in this Indenture and the Sale and Servicing Agreement. Except as otherwise expressly provided in this Indenture or in the Sale and Servicing Agreement, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the CollateralTrust Estate, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.V.

Appears in 2 contracts

Samples: Indenture (Asset Backed Securities Corp), Asset Backed Securities Corp

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Collection of Money. Except as otherwise expressly provided herein, the Indenture Trustee may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee pursuant to this Indenture and the Sale and Servicing Agreementother Basic Documents. The Indenture Trustee shall apply all such money received by it as provided in this Indenture and Indenture, the Sale and Servicing AgreementAgreement and the other Basic Documents. Except as otherwise expressly provided in this Indenture or in the Sale and Servicing Agreementother Basic Documents, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the CollateralTrust Estate, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedingsproceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.V.

Appears in 2 contracts

Samples: Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc)

Collection of Money. Except as otherwise expressly provided herein, the Indenture Trustee may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee pursuant to this Indenture and the Sale and Servicing Agreement42 Indenture. The Indenture Trustee shall apply all such money received by it on behalf of Noteholders and any Swap Counterparty pursuant to the Administration Agreement as provided in this Indenture and the Sale and Servicing AgreementIndenture. Except as otherwise expressly provided in this Indenture or the Sale and Servicing AgreementIndenture, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the CollateralIndenture Trust Estate, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.V.

Appears in 2 contracts

Samples: Indenture (SLM Funding LLC), Indenture (SLM Funding LLC)

Collection of Money. Except as otherwise expressly provided hereinherein and subject to the terms hereof, the Indenture Trustee may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee pursuant to and in accordance with this Indenture and the Sale and Servicing Agreement. The Indenture Trustee shall apply all such money received by it as provided in this Indenture and the Sale and Servicing Agreement. Except as otherwise expressly provided in this Indenture or in the Sale and Servicing Agreement, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the CollateralTrust Estate, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.V.

Appears in 1 contract

Samples: Gehl Co

Collection of Money. Except as otherwise expressly provided herein, the Indenture Trustee may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee pursuant to this Indenture and the Sale and Servicing AgreementIndenture. The Indenture Trustee shall apply all such money received by it on behalf of Noteholders, the Swap Counterparties or the Trust pursuant to the Administration Agreement as provided in this Indenture and the Sale and Servicing AgreementIndenture. Except as otherwise expressly provided in this Indenture or the Sale and Servicing AgreementIndenture, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the CollateralIndenture Trust Estate, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.V.

Appears in 1 contract

Samples: Indenture (SLM Student Loan Trust 2006-5)

Collection of Money. Except as otherwise expressly provided herein, the Indenture Trustee may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee pursuant to this Indenture and the Sale and Servicing Agreement. The Indenture Trustee shall apply all such money received by it as provided in this Indenture and the Sale and Servicing Agreement. Except as otherwise expressly provided in this Indenture or and the Sale and Servicing Agreement, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the Collateral, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.

Appears in 1 contract

Samples: Indenture (Harley Davidson Customer Funding Corp)

Collection of Money. Except as otherwise expressly provided herein, the Indenture Trustee and the Securities Administrator may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee and the Securities Administrator pursuant to this Indenture and the Sale and Servicing AgreementIndenture. The Indenture Trustee and the Securities Administrator shall apply all such money received by it as provided in this Indenture and the Sale and Servicing AgreementIndenture. Except as otherwise expressly provided in this Indenture or the Sale and Servicing AgreementIndenture, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the CollateralTrust Estate, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.V.

Appears in 1 contract

Samples: Citigroup Mortgage Loan Trust 2005-11

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