Common use of Direct Debit Arrangements Clause in Contracts

Direct Debit Arrangements. With respect to all Deposits that have arrangements providing for direct debit of such accounts by third parties (“Direct Debit Accounts”), for one hundred twenty (120) days after the Closing Date, Seller shall forward to Buyer all direct debits on Direct Debit Accounts on the Business Day after receipt thereof, and shall give Buyer a daily accounting of such debits to Buyer’s clearing account. Thereafter, Seller may discontinue forwarding such entries and return them to the originators marked “Account Closed.”

Direct Debit Arrangements. With respect to all Deposits that have arrangements providing for direct debit of such accounts by third parties (“Direct Debit Accounts”), for one hundred twenty (120) a period of 90 days after the Closing Datedate of Closing, Seller shall will forward to Buyer Purchaser all direct debits on Direct Debit Accounts on the Business Day after business day following the date of receipt thereof, and shall will give Buyer Purchaser a daily accounting of such debits to BuyerPurchaser’s clearing account. Thereafter, Seller may discontinue forwarding such entries and return them to the originators marked “Account Closed”.”

Direct Debit Arrangements. With respect to all Deposits that have arrangements providing for direct debit of such accounts by third parties (“Direct Debit Accounts”), for one hundred twenty (120) a period of 120 days after the Closing Date, Seller shall will forward to Buyer all direct debits on Direct Debit Accounts on the Business Day after business day following the date of receipt thereof, and shall will give Buyer a daily accounting of such debits to Buyer’s clearing account. Thereafter, Seller may discontinue forwarding such entries and return them to the originators marked “Account Closed.”

Direct Debit Arrangements. With respect to all Deposits that have arrangements providing for direct debit of such accounts by third parties (“Direct Debit Accounts”), for one hundred twenty (120) a period of 120 days after the Closing Date, the Seller shall will forward to the Buyer all direct debits on Direct Debit Accounts on the Business Day after business day following the date of receipt thereof, and shall will give the Buyer a daily accounting of such debits to the Buyer’s clearing account. Thereafter, the Seller may discontinue forwarding such entries and return them to the originators marked “Account Closed.”

Direct Debit Arrangements. With respect to all Deposits that have arrangements providing for direct debit of such accounts by third parties (“Direct Debit Accounts”), for one hundred twenty (120) a period of 90 days after the Closing Date, Seller shall will forward to Buyer all direct debits on Direct Debit Accounts on the Business Day after business day following the date of receipt thereof, and shall will give Buyer a daily accounting of such debits to Buyer’s clearing account. Thereafter, Seller may discontinue forwarding such entries and return them to the originators marked “Account Closed.”

Direct Debit Arrangements. With respect to all Deposits that have arrangements providing for direct debit of such accounts by third parties (“"Direct Debit Accounts”"), for one hundred twenty (120) a period of 120 days after the Closing Date, Seller shall will forward to Buyer all direct debits on Direct Debit Accounts on the Business Day after business day following the date of receipt thereof, and shall will give Buyer a daily accounting of such debits to Buyer’s 's clearing account. Thereafter, Seller may discontinue forwarding such entries and return them to the originators marked “"Account Closed".”