Deposits of Collections. (a) The Servicer has established, and shall maintain, one or more deposit accounts in the name of the Servicer (such account, together with any replacement account, the “Servicer Account”), as described in a written notice from the Servicer to the Subservicer from time to time. The Subservicer shall have no right to receive or commingle Program Collections and shall direct Obligors to deposit all Program Collections (including the Ancillary Fees) directly into the Servicer Account. The Subservicer shall have no right to any monies on deposit in the Servicer Account, and shall have no right to retain or receive any Ancillary Fees. (b) In the event the Subservicer deposits any funds into the Servicer Account that were not required to be deposited therein or were deposited therein in error, the Subservicer shall give prompt written notice to the Servicer thereof, which notice shall include reasonable detail regarding such funds deposited in error and requesting the return of such deposited amount. The Servicer shall return any such amounts to the Subservicer within five (5) Business Days after receipt of such notice.
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Samples: Servicing Agreement (Santander Drive Auto Receivables LLC), Servicing Agreement (Santander Drive Auto Receivables LLC), Servicing Agreement (Santander Drive Auto Receivables LLC)