Deposits to Deposit Accounts. The Seller will cause all Obligors to be instructed to remit all their payments in respect of Receivables to Deposit Accounts directly by wire transfer or electronic funds transfer to the relevant Deposit Account Bank. If the Seller or the Servicer shall receive any Collections directly, the Seller shall promptly (and in any event within one Business Day) cause such Collections to be deposited into a Deposit Account. The Seller will not permit funds which do not constitute Collections of Receivables from being deposited into any Deposit Account.
Deposits to Deposit Accounts. The Servicer will instruct all Obligors to remit all their payments in respect of Receivables to Deposit Accounts directly by wire transfer or electronic funds transfer to the relevant Deposit Account Bank. If the Servicer shall receive any Collections directly, the Servicer shall promptly (and in any event within one Business Day) cause such Collections to be either (i) deposited into a Deposit Account or (ii) in the case of checks received by the Servicer, mailed to a Deposit Account Bank for deposit into a Deposit Account. The Servicer will not permit funds which do not constitute Collections of Receivables from being deposited into any Deposit Account.
Deposits to Deposit Accounts. Prior to the occurrence of a Special Event, the Seller shall deposit or cause to be deposited all Collections of Pool Receivables into the FMC Deposit Accounts. After the occurrence of a Special Event and prior to instructing the Obligors to remit all Collections to a Seller Deposit Account following the occurrence of an Event of Termination or a Designated Event as required by Section 3.03(b), the Seller shall deposit or cause to be deposited all Collections of Pool Receivables into the FMC Deposit Accounts and shall cause such amounts to be promptly (and in any event within one (1) Business Day after receipt) remitted to a Seller Deposit Account. After instructing the Obligors to remit all Collections to a Seller Deposit Account following the occurrence of an Event of Termination or a Designated Event the Seller shall deposit or cause to be deposited all Collections of Pool Receivables directly into the Seller Deposit Accounts. The Seller will not deposit or otherwise credit, or cause or permit to be so deposited or credited, to any Deposit Account cash or cash proceeds other than Collections of Pool Receivables; provided, however, that prior to the occurrence of a Special Event, Collections in respect of Foreign Receivables may be remitted to the FMC Deposit Account.
Deposits to Deposit Accounts. Direct the Servicer to instruct all Obligors to make payments of all Pool Receivables to one or more Deposit Accounts or Lock-Boxes in each case subject to a Deposit Account Control Agreement or a Lock-Box Control Agreement, or to Payment Processors. Direct the Servicer to instruct all Payment Processors to remit all payments of all Pool Receivables received by such Payment Processors to one or more Deposit Accounts or Lock-Boxes, in each case subject to a Deposit Account Control Agreement or a Lock-Box Control Agreement. Direct each Deposit Account Bank and Payment Processors to deposit all checks received into a Lock-Box in a Deposit Account subject to a Deposit Account Control Agreement. If the Servicer fails to so instruct an Obligor or a Payment Processor, or if an Obligor or a Payment Processor fails to so deliver payments to a Deposit Account or Lock-Box, use all reasonable efforts to cause such Obligor or Payment Processor to deliver subsequent payments on Pool Receivables to a Deposit Account or Lock-Box and deposit, or cause to be deposited, any Collections received by it, into a Deposit Account subject to a Deposit Account Control Agreement not later than two (2) Business Days after receipt thereof, unless during any calendar month, such aggregate undeposited amount is less than 2% of total Collections received during such month. Cause all Lock-Boxes to be subject to a Deposit Account Control Agreement or a Lock-Box Control Agreement. Only add a Payment Processor to those listed on Exhibit F to this Agreement if the Administrative Agent has received prior written notice of such addition.
Deposits to Deposit Accounts. Direct the Servicer to instruct all Obligors to make payments of all Pool Receivables to one or more Deposit Accounts or Lock-Boxes or Payment Processors. Direct the Servicer to instruct all Payment Processors to remit all payments of all Pool Receivables received by such Payment Processors to one or more Deposit Accounts or Lock-Boxes. Direct each Deposit Account Bank to deposit all checks received into the Lock-Box in a Deposit Account subject to a Deposit Account Control Agreement. If the Servicer fails to so instruct an Obligor or a Payment Processor, or if an Obligor or a Payment Processor fails to so deliver payments to a Deposit Account or Lock-Box, use all reasonable efforts to cause such Obligor or Payment Processor to deliver subsequent payments on Pool Receivables to a Deposit Account or Lock-Box and deposit, or cause to be deposited, any Collections received by it, into a Deposit Account subject to a Deposit Account Control Agreement not later than two (2) Business Days after receipt thereof. Only add a Payment Processor to those listed on Exhibit F to this Agreement if the Administrative Agent has received prior written notice of such addition.
Deposits to Deposit Accounts. Until January 15, 2003, the Seller shall, and shall cause each Servicer (if it is the Parent or an Affiliate of the Parent) to, deposit all Collections which may be received by any Originator, the Seller or any Servicer in a Deposit Account no later than 2 Business Days (3 Business Days in the case of collections received in Canada) after receipt, and thereafter no later than the next Business Day Seller or a Servicer learns or should reasonably have learned of such receipt. No cash or cash proceeds other than Collections of Receivables will be deposited or otherwise credited to any Deposit Account.
Deposits to Deposit Accounts. If the Servicer fails to instruct an Obligor to make payments of all Sold Receivables to one or more Deposit Accounts or Lock-Boxes or Payment Processors or to instruct a Payment Processor to remit all payments of all Sold Receivables received by such Payment Processors to one or more Deposit Accounts or Lock-Boxes, in each case as required under the Receivables Loan Agreement, or if an Obligor or a Payment Processor fails to so deliver payments to a Deposit Account or Lock-Box, use all reasonable efforts to cause such Obligor or Payment Processor to deliver subsequent payments on Sold Receivables to a Deposit Account or Lock-Box and deposit, or cause to be deposited, any Seller Collections received by it, into a Deposit Account subject to a Deposit Account Control Agreement not later than two (2) Business Days after receipt thereof.
Deposits to Deposit Accounts. Direct the Servicer to instruct all Obligors to make payments of all Pool Receivables to one or more Deposit Accounts or Lock-Boxes in each case subject to a Deposit Account Control Agreement or a Lock-Box Control Agreement, or to Payment Processors. Direct the Servicer to instruct all Payment Processors to remit all payments of all Pool Receivables received by such Payment Processors to one or more Deposit Accounts or Lock-Boxes, in each case subject to a Deposit Account Control Agreement or a Lock-Box Control Agreement. Direct each Deposit Account Bank and Payment Processors to deposit all checks received into a Lock-Box in a Deposit Account subject to a Deposit Account Control Agreement. If the Servicer fails to so instruct an Obligor or a Payment Processor, or if an Obligor or a Payment Processor fails to so deliver payments to a Deposit Account or Lock-Box, use all reasonable efforts to cause such Obligor or Payment Processor to deliver subsequent payments on Pool Receivables to a Deposit Account or Lock-Box and deposit, or cause to be deposited, any Collections received by it, into a Deposit Account subject to a Deposit Account Control Agreement not later than two (2) Business Days after receipt thereof. Cause all Lock-Boxes to be subject to a Deposit Account Control Agreement or a Lock-Box Control Agreement. Only add a Payment Processor to those listed on Exhibit F to this Agreement if the Administrative Agent has received prior written notice of such addition. Notwithstanding the forgoing, Obligors may be directed to remit payments to the Citibank, N.A. Deposit Accounts and the Lock-Boxes administered by Deluxe Corporation, prior to September 30, 2022.
Deposits to Deposit Accounts. The Seller will deposit, or cause to be deposited, all Collections of Pool Receivables into Deposit Accounts. The Seller will not deposit or otherwise credit, or cause or permit to be so deposited or credited, to any LockBox Account cash or cash proceeds other than Collections of Pool Receivables. If and to the extent that funds that are not Collections are deposited into a Deposit Account, the Collection Agent shall withdraw such funds from such Deposit Account and deposit them in the Seller's Account.
