Common use of Payment Advices Clause in Contracts

Payment Advices. Each payment by the Contributor or the Transferor or the Servicer to the Trustee pursuant to any of the provisions of the Transaction Documents shall be accompanied by written advice containing sufficient information to identify the Contract and/or Equipment to which such payment relates, the Section of the Transaction Documents pursuant to which such payment is made, and the proper application pursuant to the provisions of the applicable Transaction Document of the amounts being paid.

Payment Advices. Each payment by the Contributor or the Transferor Issuer or the Servicer to the Trustee pursuant to any of the provisions of the Transaction Documents shall be accompanied by written advice containing sufficient information to identify the Contract and/or Equipment to which such payment relates, the Section of the Transaction Documents pursuant to which such payment is made, and the proper application pursuant to the provisions of the applicable Transaction Document of the amounts being paid.

Payment Advices. Each payment by the Contributor Issuer, the Service Provider, the Backup Service Provider or the Transferor or the Servicer Service Purchasers to the Trustee pursuant to any of the provisions of the Transaction Documents shall be accompanied by written advice containing sufficient information to identify the Contract and/or Equipment to which such payment relates, the Section section of the Transaction Documents pursuant to which such payment is made, and the proper application pursuant to the provisions of the applicable Transaction Document of the amounts being paid.