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Common use of Lockbox Account Clause in Contracts

Lockbox Account. Each Obligor has been, or will be, directed to make all payments on their related Receivable to the Lockbox Processor for deposit into the Lockbox Account.

Appears in 52 contracts

Samples: Purchase Agreement (AFS SenSub Corp.), Sale and Servicing Agreement (AFS SenSub Corp.), Sale and Servicing Agreement (AmeriCredit Automobile Receivables Trust 2015-4)

Lockbox Account. Each Obligor has been, or will be, directed to make all payments on their related Receivable to the Lockbox Processor for deposit into the Lockbox Account.

Appears in 50 contracts

Samples: Purchase Agreement, Sale and Servicing Agreement (AmeriCredit Automobile Receivables Trust 2008-2), Purchase Agreement (AFS SenSub Corp.)

Lockbox Account. Each Obligor has been, or will be, directed to make all payments on their related Receivable to the Lockbox Processor Bank for deposit into the Lockbox Account.

Appears in 44 contracts

Samples: Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2025-1), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2025-1), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2024-5)

Lockbox Account. Each Obligor has been, or will be, directed to make all payments on their related [Seller] Receivable to the Lockbox Processor Bank for deposit into the Lockbox Account.

Appears in 2 contracts

Samples: Sale Agreement (Efcar, LLC), Sale Agreement (Efcar, LLC)

Lockbox Account. Each Obligor has been, or will be, directed to make all payments on their related Receivable to the post office box established by the Lockbox Processor pursuant to the Lockbox Processing Agreement for deposit into the Lockbox Account.

Appears in 1 contract

Samples: Sale and Servicing Agreement (AmeriCredit Automobile Receivables Trust 2010-A)