Common use of Delivery of Collections Clause in Contracts

Delivery of Collections. The Borrower will deliver or cause to be delivered to the Servicer for further remittance to the Collection Account promptly (but in no event later than one Business Day after receipt) all Collections received by it.

Appears in 15 contracts

Samples: Credit Agreement (Regional Management Corp.), Credit Agreement and Account Control Agreement (Regional Management Corp.), Credit Agreement (Regional Management Corp.)

AutoNDA by SimpleDocs

Delivery of Collections. The Borrower will deliver or cause to be delivered to the Servicer Servicer, for further remittance to the Collection Account promptly (but in no event later than one Business Day after receipt) Account, all Collections received by itBorrower in respect of the Receivables no later than two Business Days after the Borrower's receipt thereof.

Appears in 7 contracts

Samples: Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc)

Delivery of Collections. The Borrower will deliver or cause to be delivered to the Servicer for further remittance to the Collection Account promptly (but in no event later than one (1) Business Day after receipt) all Collections received by it.

Appears in 5 contracts

Samples: Credit Agreement (Regional Management Corp.), Credit Agreement (Regional Management Corp.), Credit Agreement (Regional Management Corp.)

Delivery of Collections. The Borrower will deliver or cause to be delivered to the Servicer for further remittance to the Collection Account promptly (but in no event later than one two (2) Business Day Days after receiptprocessing thereof) all Collections received by it.

Appears in 3 contracts

Samples: Credit Agreement (CURO Group Holdings Corp.), Credit Agreement (CURO Group Holdings Corp.), Credit Agreement (CURO Group Holdings Corp.)

Delivery of Collections. The Borrower will deliver or cause to be delivered to the Servicer for further remittance to the Collection Local Bank Account promptly (but in no event later than one Business Day after receipt) all Collections received by itBorrower in respect of the Receivables.

Appears in 2 contracts

Samples: Warehouse Agreement (Vroom, Inc.), Warehouse Agreement (Vroom, Inc.)

Delivery of Collections. The Borrower will deliver or cause to be delivered to the Servicer for further remittance to the Collection Account promptly (but in no event LEGAL02/42658427v2 later than one Business Day after receipt) all Collections received by it.

Appears in 1 contract

Samples: Credit Agreement (Regional Management Corp.)

AutoNDA by SimpleDocs

Delivery of Collections. The Borrower will deliver or cause to be delivered to the Servicer for further remittance to the Collection either Account promptly (but in no event later than one Business Day after receipt) all Collections received by itBorrower in respect of the Receivables.

Appears in 1 contract

Samples: Warehouse Agreement (Vroom, Inc.)

Delivery of Collections. The Borrower will deliver or cause to be delivered to the Servicer for further remittance to the Collection Account promptly (but in no event later than one two Business Day Days after receipt) all Collections received by itBorrower in respect of the Receivables.

Appears in 1 contract

Samples: Loan and Security Agreement (DT Acceptance Corp)

Delivery of Collections. The Borrower will deliver or cause to be delivered to the Servicer for further remittance to the Collection Account promptly (but in no event LEGAL02/41783784v7 later than one Business Day after receipt) all Collections received by it.

Appears in 1 contract

Samples: Credit Agreement (Regional Management Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!