Delivery of Collections. The Seller agrees to pay to the Servicer all payments received by the Seller in respect of the Receivables as soon as practicable after receipt thereof by the Seller.
Appears in 8 contracts
Samples: Purchase and Sale Agreement (Alliance Data Systems Corp), Pooling and Servicing Agreement (Alliance Data Systems Corp), Pooling and Servicing Agreement (BA Credit Card Trust)
Delivery of Collections. The In the event that the Seller receives Collections, the Seller agrees to pay to the Servicer or any Successor Servicer all payments received by the Seller in respect of the Receivables as soon as practicable after receipt thereof by the Seller, but in no event later than two Business Days after the receipt by the Seller thereof.
Appears in 6 contracts
Samples: Contribution and Sale Agreement (Distribution Financial Services Floorplan Master Trust), Receivables Purchase Agreement (Federal Mogul Corp), Receivable Purchase Agreement (American Express Centurion Bank)
Delivery of Collections. The If the Seller receives any payments in respect of the Phase-In-Recovery Charge or the proceeds thereof when it is not acting as the Servicer, the Seller agrees to pay to the Servicer all payments received by the Seller it in respect of the Receivables thereof as soon as practicable after receipt thereof by the Sellerit.
Appears in 6 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013)
Delivery of Collections. The If the Seller receives any payments ----------------------- in respect of the RRB Charge or the proceeds thereof when it is not acting as the Servicer, the Seller agrees to pay to the Servicer all payments received by the Seller it in respect of the Receivables thereof as soon as practicable after receipt thereof by the Sellerit.
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Delivery of Collections. The Seller agrees to pay to the Servicer all payments received directly by the Seller in respect of the Receivables as soon as practicable after receipt thereof by the SellerSeller but in no event later than two Business Days after receipt thereof.
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