Delivery of Collections or Recoveries. In the event that Seller receives collections or recoveries with respect to the Receivables, Seller agrees to pay to HARC (or to the Master Servicer if HARC so directs) all such collections and recoveries to the extent such amounts are payable to HARC as soon as practicable after receipt thereof.
Appears in 33 contracts
Samples: Master Receivables Purchase Agreement (HSBC Automotive Trust 2005-1), Master Receivables Purchase Agreement (Household Auto Receivables Corp), Master Receivables Purchase Agreement (HSBC Automotive Trust 2005-3)
Delivery of Collections or Recoveries. In the event that Seller receives collections or recoveries with respect to the Receivables, Seller agrees to pay to HARC (or to the Master Servicer if HARC so directs) all such collections and recoveries to the extent such amounts are payable to HARC as soon as practicable after receipt thereof.. (e)
Appears in 2 contracts
Samples: Master Receivables Purchase Agreement (Household Automotive Trust v Series 2000 2), Master Receivables Purchase Agreement (Household Automotive Trust Vi Series 2000 3)
Delivery of Collections or Recoveries. In the event that Seller receives collections or recoveries with respect to the Receivables, Seller agrees to pay to HARC (or to the Master Servicer if HARC so directs) all such collections and recoveries to the extent such amounts are payable to HARC as soon as practicable after receipt thereof.
Appears in 2 contracts
Samples: Master Receivables Purchase Agreement (HSBC Auto Receivables Corp), Master Receivables Purchase Agreement (HSBC Auto Receivables Corp)
