Common use of Future Payments and Returns Clause in Contracts

Future Payments and Returns. Dealer will not accept any payments on a Contract after it is sold to Company and will direct Buyer to make all payments to Company or its assignee. However, in the event a payment should be made to, and inadvertently accepted by Dealer, Dealer will be deemed to have received the payment in trust for Company, and will immediately remit it to Company. If Dealer accepts a return of an Additional Product or such is cancelled, Dealer will immediately remit to Company the amount of the credit for such return or cancellation, for credit to such Contract balance.

Future Payments and Returns. Dealer will shall not accept any payments on a Contract after it is sold to Company and will direct Buyer to make all payments to Company or its assigneeCompany. However, in the event a payment should be made to, and inadvertently accepted by Dealer, Dealer will shall be deemed to have received the payment in trust for Company, and will shall immediately remit it to Company. If Dealer accepts a In connection with the cancellation or return of an Additional Product or such is cancelledProduct, Dealer will shall immediately remit to Company the amount of the credit for such return or cancellation, including a pro-rata portion of the Additional Product price retained by Dealer, for credit to such Contract balance.

Future Payments and Returns. Dealer will shall not accept any payments on a Contract after it is sold to Company and will direct Buyer to make all payments to Company or its assigneeCompany. However, in the event a payment should be made to, and inadvertently accepted by Dealer, Dealer will shall be deemed to have received the payment in trust for Company, and will shall immediately remit it to Company. If a Dealer accepts a return of an Additional Product or such is cancelled, Dealer will shall immediately remit to Company the amount of the credit for such return or cancellation, for credit to such Contract balance.