Common use of Delivery of Income Clause in Contracts

Delivery of Income. The Seller, the Guarantors and the other Repurchase Parties shall deposit and cause all Servicers and other applicable Persons to deposit all Income received into the Collection Account within two (2) Business Days of receipt thereof. The Seller shall instruct all PSA Servicers and other applicable Persons under the Pooling and Servicing Agreements to deposit all Income into the Collection Account within two (2) Business Days of the date the PSA Servicer is obligated to disburse the same under the Pooling and Servicing Agreements and the Seller shall take reasonable steps necessary to enforce such instructions. The Seller will instruct all counterparties under Interest Rate Protection Agreements to deposit any payments due to the Seller from time to time into the Collection Account within two (2) Business Days of the date such Person is obligated to disburse same and the Seller shall take reasonable steps to enforce such instructions. The Seller shall deliver all applicable Servicing Agreements and Pooling and Servicing Agreements to the Purchaser and the Seller shall comply with and enforce each Servicer Redirection Notice.

Delivery of Income. The Seller, the Guarantors and the other Repurchase Parties shall Seller will deposit and cause all Servicers and other applicable Persons to deposit all Income received in respect of the Purchased Items into the Collection Account within two (2) Business Days of receipt thereof. The Seller shall instruct all PSA Servicers and other applicable Persons under the Pooling and Servicing Agreements to deposit all Income into the Collection Account within two (2) Business Days of the date the PSA Servicer is obligated to disburse the same under the Pooling and Servicing Agreements all Income in respect of the Purchased Items and the Seller shall take reasonable steps necessary to enforce such instructions. The Seller will instruct the Swap Counterparty under the Swap Documents and all other counterparties under other Interest Rate Protection Agreements to deposit any payments due to the Seller from time to time under the Swap Documents and the other Interest Rate Protection Agreements into the Collection Account within two (2) Business Days of the date such Person is obligated to disburse same and the Seller shall take reasonable steps to enforce such instructions. The Seller shall deliver all applicable Servicing Agreements and Pooling and Servicing Agreements to the Purchaser and Furthermore, the Seller shall comply with and enforce each Servicer Redirection Noticeremit or cause to be remitted to the Buyer via Electronic Transmission sufficient detail to enable the Buyer to appropriately identify the Purchased Asset to which any full or partial principal payment or prepayment applies.

Delivery of Income. The Seller, the Guarantors and the other Repurchase Parties shall Seller will deposit and cause all Servicers and other applicable Persons to deposit all Income received in respect of the Purchased Items into the Collection Account within two (2) Business Days of receipt thereof. The Seller shall instruct all PSA Servicers and other applicable Persons under the Pooling and Servicing Agreements to deposit all Income into the Collection Account within two (2) Business Days of the date the PSA Servicer is obligated to disburse the same under the Pooling and Servicing Agreements all Income in respect of the Purchased Items and the Seller shall take reasonable steps necessary to enforce such instructions. The Seller will instruct the Swap Counterparty under the Swap Documents and all other counterparties under other Interest Rate Protection Agreements to deposit any payments due to the Seller from time to time under the Swap Documents and the other Interest Rate Protection Agreements into the Collection Account within two (2) Business Days of the date such Person is obligated to disburse same and the Seller shall take reasonable steps to enforce such instructions. The Furthermore, the Seller shall deliver all applicable Servicing Agreements and Pooling and Servicing Agreements remit or cause to be remitted to the Purchaser and via Electronic Transmission sufficient detail to enable the Seller shall comply with and enforce each Servicer Redirection NoticePurchaser to appropriately identify the Purchased Asset to which any full or partial principal payment or prepayment applies.

Delivery of Income. The Seller, the Guarantors and the other Repurchase Parties shall Seller will deposit and cause all Servicers and other applicable Persons to deposit all Income received in respect of the Purchased Items into the Collection Account within two (2) Business Days of receipt thereof. The Seller shall instruct all PSA Servicers and other applicable Persons under the Pooling and Servicing Agreements to deposit all Income into the Collection Account within two (2) Business Days of the date the PSA Servicer is obligated to disburse the same under the Pooling and Servicing Agreements all Income in respect of the Purchased Items and the Seller shall take reasonable steps necessary to enforce such instructions. The Seller will instruct the Swap Counterparty under the Swap Documents and all other counterparties under other Interest Rate Protection Agreements to deposit any payments due to the Seller from time to time under the Swap Documents and the other Interest Rate Protection Agreements into the Collection Account within two (2) Business Days of the date such Person is obligated to disburse same and the Seller shall take reasonable steps to enforce such instructions. The Seller shall deliver all applicable Servicing Agreements and Pooling and Servicing Agreements to the Purchaser and Furthermore, the Seller shall comply with and enforce each Servicer Redirection Noticeremit or cause to be remitted to the Deal Agent via Electronic Transmission sufficient detail to enable the Deal Agent to appropriately identify the Purchased Asset to which any full or partial principal payment or prepayment applies.