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Delivery of Principal Collections and Interest Collections
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Common use of Delivery of Principal Collections and Interest Collections Clause in Contracts

Related Clauses

Allocations of Principal Collections
Allocations of Finance Charge Collections
Reallocated Principal Collections
Deposit of Collections
Shared Principal Collections
Withdrawals from the Collection Account and Distribution Account
Reports to the Trustee; Collection Account Statements
Payments of Principal and Interest Prepayments Fees
Excess Finance Charge Collections
Collection of Mortgage Loan Payments; Certificate Account; Distribution Account

Parent Clauses

Covenants of the Trust Depositor
Covenants of the Backup Servicer
WILMINGTON TRUST
Covenants
LEGAL EXISTENCE
MONTHLY REPORTS
Covenants of the Originator
Limitation on Liability of the Servicer and Others

Delivery of Principal Collections and Interest Collections. The Trust Depositor agrees to pay to the Servicer promptly (but in no event later than two (2) Business Days after receipt) all Principal Collections and Interest Collections received by the Trust Depositor in respect of the Loans, for application in accordance with Section 7.05 hereof.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)