Collections Received. CAC shall hold in trust, and deposit to the Collection Account, not later than the close of business on the second Business Day following the Date of receipt, all Collections received from time to time by CAC or the Servicer.
Appears in 11 contracts
Samples: Sale and Contribution Agreement (Credit Acceptance Corp), Sale and Contribution Agreement (Credit Acceptance Corp), Sale and Contribution Agreement (Credit Acceptance Corp)
Collections Received. CAC shall hold in trust, and deposit to the Collection Account, not later than the close of business on the second Business Day following the Date date of receipt, all Collections received from time to time by CAC (as Servicer or the Servicerotherwise).
Appears in 2 contracts
Samples: Sale and Contribution Agreement (Credit Acceptance Corp), Contribution Agreement (Credit Acceptance Corp)
Collections Received. CAC and the Servicer shall hold in trust, and deposit to the Collection Account, not later than the close of business on the second Business Day following the Date of receipt, all Collections received from time to time by CAC or the Servicer.
Appears in 1 contract
Samples: Contribution Agreement (Credit Acceptance Corporation)
Collections Received. CAC shall hold in trust, and deposit to the Collection Account, not later than the close of business on the second Business Day following the Date of receipt, all Collections received from time to time by CAC (as Servicer or the Servicerotherwise).
Appears in 1 contract
Collections Received. CAC shall hold in trust, and deposit to the Collection Account, not later than the close of business on the second Business Day following the Date date of receipt, all Collections received from time to time by CAC or the Servicer.
Appears in 1 contract
Samples: Sale and Contribution Agreement (Credit Acceptance Corp)
Collections Received. CAC shall hold in trust, and deposit to the Collection Account, not later than the close of business on the second Business Day following the Date of receipt, all Collections received from time to time by CAC (as Servicer or the Servicer.otherwise). (k)
Appears in 1 contract
Samples: Contribution Agreement