Delivery of Payments. The Seller covenants and agrees to deliver in kind upon receipt to the Servicer under the Sale and Servicing Agreement all payments received by the Seller in respect of the Receivables as soon as practicable after receipt thereof by the Seller.
Appears in 115 contracts
Samples: Receivables Purchase Agreement (Carmax Auto Funding LLC), Receivables Purchase Agreement (CarMax Auto Owner Trust 2024-4), Receivables Purchase Agreement (Carmax Auto Funding LLC)
Delivery of Payments. The Seller covenants and agrees to deliver in kind upon receipt to the Servicer under the Sale and Servicing Agreement all payments received by or on behalf of the Seller in respect of the Receivables as soon as practicable after receipt thereof by the Seller.
Appears in 14 contracts
Samples: Receivables Purchase Agreement (Daimler Trucks Retail Trust 2024-1), Receivables Purchase Agreement (Daimler Trucks Retail Trust 2024-1), Receivables Purchase Agreement (Mercedes-Benz Auto Receivables Trust 2023-1)
Delivery of Payments. The Seller covenants and agrees to deliver in kind upon receipt to the Master Servicer under the Sale and Servicing Agreement all payments received by or on behalf of the Seller in respect of the Receivables as soon as practicable after receipt thereof by the Seller.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Wachovia Auto Loan Owner Trust 2007-1), Receivables Purchase Agreement (Wachovia Auto Owner Trust 2008-A), Receivables Purchase Agreement (Pooled Auto Securities Shelf LLC)
Delivery of Payments. The Seller covenants and agrees to -------------------- deliver in kind upon receipt to the Servicer under the Sale and Servicing Agreement all payments received by the Seller in respect of the Receivables as soon as practicable after receipt thereof by the Seller.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Pooled Auto Securities Shelf LLC)
