Common use of Collections and Allocations Clause in Contracts

Collections and Allocations. (a) The Servicer shall comply with its obligations in Article VIII of the Indenture. (b) Each Subservicer shall deliver any Collections received by such Subservicer to the Servicer for deposit into the Collection Account in accordance with Section 8.03 of the Indenture.

Appears in 12 contracts

Samples: Sale and Servicing Agreement (Regional Management Corp.), Sale and Servicing Agreement (Regional Management Corp.), Sale and Servicing Agreement (Regional Management Corp.)

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Collections and Allocations. (a) The Servicer shall comply with its obligations in Article VIII of the Indenture. (b) Each Subservicer shall deliver any Collections received by such Subservicer to the Servicer for deposit into the Collection Account as promptly as possible after the date of processing of such Collections by such Subservicer, but in accordance with Section 8.03 no event later than the second Business Day following the date of the Indentureprocessing.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (OneMain Financial Holdings, Inc.), Sale and Servicing Agreement (OneMain Financial Holdings, Inc.), Sale and Servicing Agreement (OneMain Financial Holdings, Inc.)

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