Distributions of Servicing Fees. On each Servicer Payment Date, Collections held on deposit in the Liquidation Account for the benefit of the Servicer shall be paid as the Servicer shall direct; and
Appears in 4 contracts
Samples: Receivables Purchase Agreement (KAR Auction Services, Inc.), Receivables Purchase Agreement (KAR Auction Services, Inc.), Receivables Purchase Agreement (Carbuyco, LLC)
Distributions of Servicing Fees. On each Servicer Payment Settlement Date, Collections held on deposit in the Liquidation Account for the benefit of the Servicer Servicer, if any, shall be paid to the Servicer as the Servicer shall direct; and
Appears in 3 contracts
Samples: Receivables Purchase Agreement (KAR Auction Services, Inc.), Receivables Purchase Agreement (KAR Auction Services, Inc.), Receivables Purchase Agreement (KAR Auction Services, Inc.)
