Common use of Delivery of Collections Clause in Contracts

Delivery of Collections. The Transferor agrees to pay to the Servicer all payments received by the Transferor in respect of the Receivables as soon as practicable after receipt thereof by the Transferor.

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust), Pooling and Servicing Agreement (First Usa Credit Card Master Trust), Transfer and Servicing Agreement (Alliance Data Systems Corp)

AutoNDA by SimpleDocs

Delivery of Collections. The In the event that the Transferor receives Collections, the Transferor agrees to pay to the Servicer all payments received by the Transferor in respect of the Receivables such Collections as soon as practicable after receipt thereof by the Transferorthereof.

Appears in 7 contracts

Samples: Transfer and Servicing Agreement (Jpmorgan Chase Bank, National Association), Transfer and Servicing Agreement, Transfer and Servicing Agreement (Chase Card Funding LLC)

Delivery of Collections. The Transferor agrees to pay to the Servicer (or, if directed by the Trustee, to the Trustee) all payments received by the Transferor in respect of the Receivables as soon as practicable after receipt thereof by the Transferor. The Transferor will enforce a substantially similar covenant of BANA under the Receivables Purchase Agreement that relates to Receivables sold to the Transferor.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (BA Credit Card Trust), Pooling and Servicing Agreement (BA Master Credit Card Trust II), Pooling and Servicing Agreement

Delivery of Collections. The Transferor agrees to pay to the Servicer all payments received by the Transferor in respect of the Receivables as soon as practicable but in no event later than two Business Days, after receipt thereof by the Transferor.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Cabela's Master Credit Card Trust), Pooling and Servicing Agreement (Cabela's Master Credit Card Trust), Pooling and Servicing Agreement (Cabela's Master Credit Card Trust)

Delivery of Collections. The In the event that the Transferor receives Collections, the Transferor agrees to pay to the Servicer all payments received by the Transferor in respect of the Receivables as soon as practicable after receipt thereof by the Transferor.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Federated Department Stores Inc /De/)

AutoNDA by SimpleDocs

Delivery of Collections. The In the event that the Transferor receives Collections, the Transferor agrees to pay to the Servicer all payments received by the Transferor in respect of the Receivables as soon as practicable after receipt thereof by the Transferor.with

Appears in 1 contract

Samples: Master Pooling and Servicing Agreement (Proffitts Credit Corp)

Delivery of Collections. The Transferor agrees to It will pay to the Master Servicer all payments received by the Transferor in respect of the Receivables as soon as practicable after receipt thereof by the Transferor.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Dillard Asset Funding Co)

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