Collections Received. Each of the SPV and the Master Servicer shall hold in trust, and deposit, immediately, but in any event not later than one Business Day of its receipt thereof, to a Blocked Account or, if required by Section 2.9, to the Collection Account, all Collections received by it from time to time.
Appears in 11 contracts
Samples: Transfer and Administration Agreement (Arrow Electronics, Inc.), Transfer and Administration Agreement (Arrow Electronics Inc), Transfer and Administration Agreement (Arrow Electronics Inc)
Collections Received. Each of the SPV and the Master Servicer shall hold in trust, and deposit, immediatelypromptly, but in any event not later than one two (2) Business Day of Days following its receipt thereof, to a Blocked Account or, if required by Section 2.9, to the Collection Account, all Collections received by it from time to time.
Appears in 8 contracts
Samples: Transfer and Administration Agreement (Greif, Inc), Transfer and Administration Agreement (Greif, Inc), Transfer and Administration Agreement (Greif, Inc)
Collections Received. Each of the SPV and the Master Servicer shall hold in trust, and deposit, immediately, but in any event not later than one two (2) Business Day Days of its receipt thereof, to a Blocked Account or, if required by Section 2.9, to the Collection Account, all Collections received by it from time to time.
Appears in 5 contracts
Samples: Transfer and Administration Agreement (United Stationers Inc), Transfer and Administration Agreement (United Stationers Inc), Transfer and Administration Agreement (United Stationers Inc)
Collections Received. Each of the SPV The SPV, each Originator and the Master Servicer shall hold in trust, and deposit, immediatelypromptly, but in any event not later than one two (2) Business Day of Days following its receipt thereof, to a Blocked Account or, if required by Section 2.9, to the Collection Account, all Collections (other than Obligors of Foreign Currency Receivables) received by it from time to time.
Appears in 2 contracts
Samples: Transfer and Administration Agreement (Valvoline Inc), Transfer and Administration Agreement (Ashland Inc.)
Collections Received. Each of the SPV and the Master Servicer shall hold in trust, and deposit, immediately, but in any event not later than one two (2) Business Day Days of its receipt thereof, to a Blocked Account or, if required by Section SECTION 2.9, to the Collection Account, all Collections received by it from time to time.
Appears in 1 contract
Samples: Transfer and Administration Agreement (Diebold Inc)
Collections Received. Each of the SPV and the Master Servicer shall hold in trust, and deposit, immediatelypromptly, but in any event not later than one two (2) Business Day of Days following its receipt thereof, to a Blocked Account or, if required by Section 2.9, to the Collection Account, all Collections received by it from time to time.
Appears in 1 contract
Samples: Transfer and Administration Agreement (Ashland Inc.)
Collections Received. Each of the SPV and the Master Servicer -------------------- shall hold in trust, and deposit, immediately, but in any event not later than one Business Day of its receipt thereof, to a Blocked Account or, if required by Section 2.9, to the Collection Account, all Collections ----------- received by it from time to time.
Appears in 1 contract
Samples: Transfer and Administration Agreement (Arrow Electronics Inc)
Collections Received. Each of the SPV and the Master Servicer shall hold in trust, and deposit, immediatelypromptly, but in any event not later than one two (2) Business Day of Days following its receipt 59 thereof, to a Blocked Account or, if required by Section 2.9, to the Collection Account, all Collections received by it from time to time.
Appears in 1 contract