Common use of Pledged Receivable Receipts Clause in Contracts

Pledged Receivable Receipts. The Servicer shall make a deposit into the Collection Account in an amount equal to the Collections with respect to any Pledged Receivable received, or made by, or on behalf of it, within one Business Day of such Collections being received, or made by, or on behalf of it.

Appears in 12 contracts

Samples: Receivables Loan and Security Agreement and Waiver (LEAF Equipment Finance Fund 4, L.P.), Receivables Loan and Security Agreement (LEAF Equipment Finance Fund 4, L.P.), Receivables Loan and Security Agreement and Waiver (LEAF Equipment Leasing Income Fund III, L.P.)

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Pledged Receivable Receipts. The Servicer shall promptly make a deposit or cause the Borrower or any Affiliate thereof to make a deposit into the Collection Account in an amount equal to the Collections with respect to any Pledged Receivable received, received or made by, by or on behalf of it, the Borrower or any Affiliate thereof, as the case may be, within one two (2) Business Day Days of receiving any such Collections being received, or made by, or on behalf of itCollections.

Appears in 2 contracts

Samples: And Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc)

Pledged Receivable Receipts. The Servicer shall promptly make a deposit or cause the Borrower or any of its Affiliates to make a deposit into the Collection Account in an amount equal to the Collections with respect to any Pledged Receivable received, received or made by, by or on behalf of it, the Borrower or any such Affiliate, as the case may be, within one two (2) Business Day Days of receiving any such Collections being received, or made by, or on behalf of itCollections.

Appears in 2 contracts

Samples: Loan and Security Agreement (Maxtor Corp), Security Agreement (Maxtor Corp)

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Pledged Receivable Receipts. The Servicer shall make a deposit into the Collection Account in an amount equal to the Collections with respect to any Pledged Receivable received, or made by, or on behalf of it, within one Business Day of such Collections being received, or made by, or on behalf of it.

Appears in 1 contract

Samples: Loan and Security Agreement (Us Home Systems Inc /Tx)

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