Common use of Payment Advices Clause in Contracts

Payment Advices. Each payment by the Seller or the Servicer to the Trustee pursuant to any of the provisions of this Sales 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 Sales and Servicing Agreement pursuant to which such payment is made, and the proper application pursuant to the provisions of the Indenture of the amounts being paid.

Appears in 4 contracts

Samples: Sales and Servicing Agreement (Copelco Capital Funding Corp X), Sales and Servicing Agreement (Copelco Capital Funding Corp X), Sales and Servicing Agreement (Copelco Capital Funding Corp X)

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

Appears in 1 contract

Samples: Sales and Servicing Agreement (Essex International Inc /)

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