Common use of Custodian File Clause in Contracts

Custodian File. Within five (5) Business Days after each Borrowing Date, Purchase Date or Substitution Date, the SPV, or the Servicer on its behalf, shall cause to be delivered to the Custodian an accurate and complete Custodian File for each Pool Receivable which was sold or substituted, as applicable, on such Borrowing Date or Substitution Date. Each Custodian File shall be clearly marked with a Contract number, which shall be used by the SPV and the Facility Agent to indentify such Contract and the related Pool Receivable.

Appears in 2 contracts

Samples: Loan and Administration Agreement (Commercial Credit, Inc.), Loan and Administration Agreement (Commercial Credit, Inc.)

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Custodian File. Within five (5) Business Days after each Borrowing Date, Purchase Date or Substitution Date, the SPV, or the applicable Servicer on its behalf, shall cause to be delivered to the Custodian an accurate and complete Custodian File for each applicable Pool Receivable which was sold or substituted, as applicable, on such Borrowing Date or Substitution Date. Each Custodian File shall be clearly marked with a Contract number, which shall be used by the SPV and the Facility Agent to indentify identify such Contract and the related Pool Receivable.

Appears in 1 contract

Samples: Loan and Administration Agreement (Commercial Credit, Inc.)

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Custodian File. Within five (5) Business Days after each Borrowing Date, Purchase Date or Substitution Date, the SPV, or the Servicer on its behalf, shall cause to be delivered to the Custodian an accurate and complete Custodian File for each Pool Receivable which was sold or substituted, as applicable, on such Borrowing Date or Substitution Date. Each Custodian File shall be clearly marked with a Contract number, which shall be used by the SPV and the Facility Agent to indentify such Contract and the related Pool Receivable.

Appears in 1 contract

Samples: Loan and Administration Agreement (Commercial Credit, Inc.)

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