Common use of Collections and Servicing Clause in Contracts

Collections and Servicing. Since July 15, 1999, there has been no material adverse change in the ability of the Servicer to service and collect the Receivables and no material adverse change has occurred in the overall rate of collections of Receivables.

Appears in 1 contract

Samples: Certificate Purchase Agreement (Saks Inc)

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Collections and Servicing. Since July 15August 22, 19991997, there has been no material adverse change in the ability of the Servicer to service and collect the Receivables and no material adverse change has occurred in the overall rate of collections of Receivables.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Belk Inc)

Collections and Servicing. Since July 15May 9, 19991997, there has been no material adverse change in the ability of the Servicer to service and collect the Receivables Re- ceivables and no material adverse change has occurred in the overall rate of collections of Receivables.

Appears in 1 contract

Samples: Certificate Purchase Agreement (Proffitts Inc)

Collections and Servicing. Since July 15, 1999, there has been ------------------------- no material adverse change in the ability of the Servicer to service and collect the Receivables and no material adverse change has occurred in the overall rate of collections of Receivables.

Appears in 1 contract

Samples: Certificate Purchase Agreement (Saks Credit Card Master Trust)

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Collections and Servicing. Since July 15November 2, 19991996, there has been no material adverse change in the ability of the Servicer to service and collect the Receivables and no material adverse change has occurred in the overall rate of collections of Receivables.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Proffitts Inc)

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