Collections Received. The Collection Agent shall hold in trust, and deposit as soon as reasonably practicable (but in any event no later than one Business Day following its receipt thereof) to a Lockbox Account all Collections received from time to time by the Collection Agent.
Appears in 5 contracts
Samples: Receivables Transfer Agreement (Tyson Foods Inc), Receivables Transfer Agreement (Tyson Foods Inc), Receivables Transfer Agreement (Collins & Aikman Corp)
Collections Received. The Collection Agent shall hold in trust, and deposit as soon as reasonably practicable (but in any event no later than one Business Day following its receipt thereof) to a Lockbox Lock-Box Account all Collections received from time to time by the Collection Agent.
Appears in 4 contracts
Samples: Receivables Transfer Agreement (Trimas Corp), Receivables Transfer Agreement (Trimas Corp), Receivables Transfer Agreement (Mascotech Inc)
Collections Received. The Collection Agent and the Guarantor shall hold in trust, and deposit as soon as reasonably practicable (but in any event no later than one Business Day following its receipt thereof) to a Lockbox Lock-Box Account all Collections received from time to time by the Collection AgentAgent or any Seller, respectively.
Appears in 1 contract
Samples: Receivables Transfer Agreement (Collins & Aikman Corp)
