Common use of Payments to Lock-Box Account Clause in Contracts

Payments to Lock-Box Account. Subject to Section 5.1(p), on or before the applicable Cut-Off Date, the Servicer shall have instructed all Obligors to make all payments in respect of the Collateral to the Lock-Box or directly to the Lock-Box Account.

Appears in 7 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

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Payments to Lock-Box Account. Subject to Section 5.1(p), on or before the applicable Cut-Off Date, the Servicer shall have instructed all Obligors (or, with respect to Assigned Loans, the applicable agent) to make all payments in respect of the Collateral to the Lock-Box or directly to the Lock-Box Account.

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

Payments to Lock-Box Account. Subject to Section 5.1(p), on or before the applicable Cut-Off Closing Date, the Servicer shall have instructed all Obligors (or, with respect to Assigned Loans, the applicable agent) to make all payments in respect of the Collateral to the Lock-Box or directly to the Lock-Box Account.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

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Payments to Lock-Box Account. Subject to Section 5.1(p5.1(q), on or before the applicable Cut-Off Date, the Servicer shall have instructed all Obligors (or with respect to Acquired Loans, the applicable agent) to make all payments in respect of the Collateral to the Lock-Box or directly to the Lock-Box Account.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Capitalsource Inc)

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