Covenant of Seller. After the Closing Date, Seller shall remit to Purchaser all payments received with respect to the Receivables and Securitization Assets as soon as practicable after the receipt thereof.
Appears in 2 contracts
Samples: Receivables Sale and Purchase, Assignment and Assumption Agreement (Household Private Label Credit Card Master Note Trust I), Receivables Sale and Purchase Agreement (Saks Credit Card Master Trust)
Covenant of Seller. After the Closing Date, Seller shall remit to Purchaser all payments received with respect to the Receivables and Securitization Transfer Assets as soon as practicable after the receipt thereof.
Appears in 2 contracts
Samples: Receivables Sale and Purchase Agreement (Household Private Label Credit Card Master Note Trust I), Receivables Sale and Purchase Agreement (Saks Credit Card Master Trust)
