Common use of Collection of Receivable Payments Clause in Contracts

Collection of Receivable Payments. The Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Receivables as and when the same shall become due and shall follow such collection procedures as it follows with respect to all comparable receivables that it services for itself or others.

Appears in 34 contracts

Samples: Sale and Servicing Agreement (Nissan Auto Receivables Corp Ii), Sale and Servicing Agreement (Nissan Auto Receivables Corp Ii), Sale and Servicing Agreement (Nissan Auto Receivables Corp Ii)

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Collection of Receivable Payments. The Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Receivables as and when the same shall become due and in accordance with its Customary Servicing Practices. Payments on the Receivables made in accordance with the related documentation for such Receivables, shall follow be posted to the Servicer’s Obligor records in accordance with the Servicer’s Customary Servicing Practices. Such payments shall be allocated to principal, interest or other items in accordance with the related documentation for such collection procedures as it follows with respect to all comparable receivables that it services for itself or others.Receivables

Appears in 30 contracts

Samples: Sale and Servicing Agreement (Nissan Auto Receivables 2022-B Owner Trust), Sale and Servicing Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Sale and Servicing Agreement (Nissan Auto Receivables 2021-a Owner Trust)

Collection of Receivable Payments. (a) The Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Receivables as and when the same shall become due and shall follow such collection procedures as it follows with respect to all comparable receivables that it services for itself or others.due, and

Appears in 12 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2017-4), Servicing Agreement (Ally Auto Receivables Trust 2017-4), Servicing Agreement (Ally Auto Receivables Trust 2017-3)

Collection of Receivable Payments. The Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Receivables as and when the same shall become due and in accordance with its Customary Servicing Practices. Payments on the Receivables made in accordance with the related documentation for such Receivables, shall follow be posted to the Servicer’s Obligor records in accordance with the Servicer’s Customary Servicing Practices. Such payments shall be allocated to principal, interest or other items in accordance with the related documentation for such collection procedures as it follows with respect to all comparable receivables that it services for itself or othersReceivables.

Appears in 10 contracts

Samples: Sale and Servicing Agreement (Nissan Auto Receivables 2024-B Owner Trust), Sale and Servicing Agreement (Nissan Auto Receivables 2024-B Owner Trust), Sale and Servicing Agreement (NISSAN AUTO RECEIVABLES Co II LLC)

Collection of Receivable Payments. (a) The Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Receivables as and when the same shall become due due, and shall follow such collection practices, policies and procedures as it follows with respect to all comparable motor vehicle related receivables that it services for itself or others.others in connection

Appears in 4 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2023-1), Servicing Agreement (Ally Auto Receivables Trust 2023-1), Servicing Agreement (Ally Auto Receivables Trust 2018-1)

Collection of Receivable Payments. The Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Receivables as and when the same shall become due and shall follow such collection procedures as it follows with respect to all comparable equipment receivables that it services for itself or others.or

Appears in 3 contracts

Samples: Sale and Servicing Agreement (John Deere Receivables, Inc.), Sale and Servicing Agreement (John Deere Receivables LLC), Sale and Servicing Agreement (John Deere Owner Trust 2007)

Collection of Receivable Payments. The Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Receivables as and (Nissan 2003-A Sale and Servicing Agreement) when the same shall become due and shall follow such collection procedures as it follows with respect to all comparable receivables that it services for itself or others.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Nissan Auto Receivables 2003-a Owner Trust)

Collection of Receivable Payments. The Servicer shall make reasonable use its best efforts to collect all payments called for under the terms and provisions of the Receivables as and when the same shall become due and shall follow such collection procedures as it follows with respect to all comparable automotive receivables that it services for itself or others.for

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Chevy Chase Bank FSB)

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Collection of Receivable Payments. The Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the such Receivables as and when the same shall become due and shall follow such collection procedures as it follows with respect to all comparable receivables that it services for itself or others. The Servicer may in its discretion waive any late payment charge or any other fees that may be collected in the ordinary course of servicing a Receivable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Nissan Auto Receivables Corp /De)

Collection of Receivable Payments. The Servicer shall --------------------------------- make reasonable efforts to collect all payments called for under the terms and provisions of the such Receivables as and when the same shall become due and shall follow such collection procedures as it follows with respect to all comparable receivables that it services for itself or others. The Servicer may in its discretion waive any late payment charge or any other fees that may be collected in the ordinary course of servicing a Receivable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Nissan Auto Receivables Corp /De)

Collection of Receivable Payments. The Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Receivables as and (Nissan 2003-B Sale and Servicing Agreement) when the same shall become due and shall follow such collection procedures as it follows with respect to all comparable receivables that it services for itself or others.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Nissan Auto Receivables 2003-B Owner Trust)

Collection of Receivable Payments. The Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Receivables as and when the same shall become due and shall follow such collection procedures as it follows with respect to all comparable automotive receivables that it services for itself or others. The Servicer may in its discretion grant extensions, rebates or adjustments on a Receivable or waive any late payment charge or any other fees that may be collected in the ordinary course of servicing a Receivable consistent with its customary servicing procedures.

Appears in 1 contract

Samples: Servicing Agreement (First Investors Financial Services Group Inc)

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