Common use of Payment Advices Clause in Contracts

Payment Advices. Each payment to the Servicer pursuant to any of the provisions of this Assignment and Servicing Agreement shall be accompanied by written advice containing sufficient information to identify the Lease and/or Equipment to which such payment relates, the Section of this Assignment and Servicing Agreement pursuant to which such payment is made, and the proper application pursuant to the provisions of this Assignment and Servicing Agreement or the Indenture of the amounts being paid.

Appears in 9 contracts

Samples: Assignment and Servicing Agreement (Ikon Receivables Funding LLC), Assignment and Servicing Agreement (Ikon Receivables LLC), Assignment and Servicing Agreement (Ikon Receivables LLC)

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Payment Advices. Each payment to by the Servicer pursuant to any of the provisions of this Assignment and Servicing Agreement shall be accompanied by written advice containing sufficient information to identify (i) the Lease Contract and/or Equipment to which such payment relates, relates or (ii) the Section of this Assignment Relevant Documents and Servicing Agreement the relevant provisions thereto pursuant to which such payment is made, and the proper application pursuant to the provisions of this Assignment and Servicing Agreement or the Indenture of the amounts being paid.

Appears in 2 contracts

Samples: Servicing Agreement (Seacastle Inc.), Servicing Agreement (Seacastle Inc.)

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