Collections Received. The Seller shall hold in trust, and deposit, immediately, but in any event not later than the close of business on the second Business Day following its receipt thereof, to a Lock-Box Account all Collections received from time to time by the Seller.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Proffitts Inc), Receivables Purchase Agreement (Proffitts Inc), Receivables Purchase Agreement (Imc Global Inc)
Collections Received. The Seller shall hold in trust, and deposit, immediately, but in any event not later than the close two (2) Business Days of business on the second Business Day following its receipt thereof, to a Lock-Box Blocked Account or, if required by Section 2.9 of the Transfer Agreement, to the Collection Account, all Collections received by it from time to time by the Sellertime.
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Samples: Receivables Purchase Agreement (United Stationers Inc), Receivables Purchase Agreement (United Stationers Inc)
Collections Received. The Seller shall hold Hold in trust, and deposit, immediately, but in any event not later than two (2) Business Days following the close of business on the second Business Day following its Seller's receipt thereof, to a one of its Lock-Box Account Accounts, all Collections received from time to time by the Seller.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Shaw Industries Inc)
Collections Received. The Such Seller shall hold in trust, and deposit, immediately, deposit immediately (but in any event not no later than the close of business on the second one Business Day following its receipt thereof, ) to a Lock-Box Account all Collections received from time to time by the such Seller.
Appears in 1 contract
Samples: Receivables Transfer Agreement (Collins & Aikman Corp)
Collections Received. The Seller shall hold in trust, and deposit, remit immediately, but in any no event not later than the close of business on the second one (1) Business Day following its after receipt thereof, to a Lock-Box Account all Collections received from time to time by the SellerSeller to a Lock-Box Account.
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Collections Received. The Each Seller shall hold in trust, and deposit, immediately, but in any event not later than the close of business on the second two (2) Business Day following its Days after such Seller's receipt thereof, to a Lock-Box Account deposit all Collections received from time to time by it to one of the SellerLock-Box Accounts.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Lci International Inc /Va/)
Collections Received. The Such Seller shall hold in trust, and deposit, immediately, deposit immediately (but in any event not no later than the close of business on the second one Business Day following its receipt thereof, ) to a Lock-Box Lockbox Account all Collections received from time to time by the such Seller.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Collins & Aikman Corp)
Collections Received. The Seller shall hold in trust, and deposit, remit -------------------- immediately, but in any no event not later than the close of business on the second one (1) Business Day following its after receipt thereof, to a Lock-Box Account all Collections received from time to time by the SellerSeller to a Lock-Box Account.
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