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. Subject to Sections 3.6(iii) and (iv), the Servicer may grant extensions, rebates, or adjustments on a Receivable; provided, however, that if the Servicer extends the date for final payment by the Obligor of any Receivable beyond 6 months past the Final Scheduled Maturity Date, it shall promptly purchase the Receivable in the manner provided in Section 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 shall follow such collection procedures as it follows with respect to all comparable receivables that it services for itself or others. Subject to Sections 3.6(iii) and (iv), the Servicer may grant extensions, rebates, or adjustments on a Receivable; provided, however, that if the Servicer extends the date for final payment by the Obligor of any Receivable beyond 6 months past the Final Scheduled Maturity Date, it shall promptly purchase the Receivable in the manner provided in Section 3.

Collection of Receivable Payments. The Servicer shall will make reasonable efforts to collect all payments called for under the terms and provisions of the Receivables as and when the same shall become becomes due and shall will follow such collection procedures as it follows with respect to all comparable receivables that it services for itself or others. Subject to Sections 3.6(iii) and (iv), the Servicer may grant extensions, rebates, or adjustments on a Receivable; provided, however, that if the Servicer extends the date for final payment by the Obligor of any Receivable beyond 6 months past the Final Scheduled Maturity Date, it shall will promptly purchase the Receivable in the manner provided in Section 3.

Collection of Receivable Payments. The Servicer shall will make reasonable efforts to collect all payments called for under the terms and provisions of the Receivables as and when the same shall become becomes due and shall follow such collection procedures as it follows in accordance with respect to all comparable receivables that it services for itself or othersits Customary Servicing Practices. Subject to Sections 3.6(iii) and (iv)Section 3.5, the Servicer may grant extensions, rebates, deferrals, amendments, modifications or adjustments on a ReceivableReceivable in accordance with its Customary Servicing Practices; provided, however, that if the Servicer extends the date for final payment by the Obligor of any Receivable beyond 6 months past the last day of the Collection Period prior to the Class B Final Scheduled Maturity Payment Date, it shall will promptly purchase the such Receivable in the manner provided in Section 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 shall follow such collection procedures as it follows with respect to all comparable receivables that it services for itself or others. Subject to Sections 3.6(iii) and (iv)In connection therewith, the Servicer may grant extensions, rebates, rebates or adjustments on a Receivable; provided, however, that if the Servicer extends the date for final payment by the Obligor of any Receivable beyond 6 months past the date one month prior to the Final Scheduled Maturity Distribution Date, it shall promptly purchase acquire the Receivable from the Issuer in accordance with the manner provided in Section 3.terms of Section

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. Subject to Sections 3.6(iii) and (iv), the Servicer may grant extensions, rebates, or adjustments on a Receivable; provided, however, that if the Servicer extends the date for final payment by the Obligor of any Receivable beyond 6 months past the Final Scheduled Maturity DateDate of the Class D Certificates, it shall promptly purchase the Receivable in the manner provided in Section 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 shall follow such collection procedures as it follows with respect to all comparable receivables that it services for itself or others. Subject to Sections 3.6(iii) and (iv), the he Servicer may grant extensions, rebates, or adjustments on a Receivable; provided, however, that if the Servicer extends the date for final payment by the Obligor of any Receivable beyond 6 months past the Final Scheduled Maturity Date, it shall promptly purchase the Receivable in the manner provided in Section 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 shall follow such collection procedures as it follows with respect to all comparable commercial equipment receivables that it services for itself or others. Subject to Sections 3.6(iii) and (iv)In connection therewith, the Servicer may grant extensions, rebates, rebates or adjustments on a Receivable; provided, however, that if the Servicer extends the date for final payment by the Obligor of any Receivable beyond 6 months past the date one month prior to the Class A Final Scheduled Maturity Distribution Date, it shall promptly purchase the Receivable from the Issuer in accordance with the manner provided in Section 3.terms of Section