Common use of Pre-Closing Collections Clause in Contracts

Pre-Closing Collections. Within two Business Days after the Closing Date, GMAC shall transfer to the account or accounts designated by XXXX (or by the Issuer under the Further Transfer and Servicing Agreements) all collections on the Receivables held by GMAC on the Closing Date and conveyed to XXXX pursuant to Section 2.01; provided that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.

Pre-Closing Collections. Within two (2) Business Days after the Closing Date, Date GMAC shall transfer to the account or accounts designated by XXXX CXXX (or by the Issuer Issuing Entity under the Further Transfer and Servicing Agreements) all collections on the Receivables held by GMAC on the Closing Date Date, and conveyed to XXXX CXXX pursuant to Section 2.01; provided that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.

Pre-Closing Collections. Within two Business Days after the Closing Dateclosing hereunder, GMAC shall transfer to the account or accounts designated by XXXX CARI (or by the Issuer under the Further Transfer and Servicing AgreementsAgrexxxxts) all collections on the Receivables held by GMAC on at the Closing Date time of such closing and conveyed to XXXX CARI pursuant to Section 2.012.01(a); provided that so long as the Monthly Mxxxxly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.

Pre-Closing Collections. Within two Business Days after the Closing Dateclosing hereunder, GMAC shall transfer to the account or accounts designated by XXXX CARI (or by the Issuer under the Further Transfer and Servicing AgreementsAgrxxxxnts) all collections on the Receivables held by GMAC on at the Closing Date time of such closing and conveyed to XXXX CARI pursuant to Section 2.012.01(a); provided that so long as the Monthly Xxxxhly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.

Pre-Closing Collections. Within two Business Days after the Initial Closing Date and each Additional Closing Date, GMAC shall transfer to the account or accounts designated by XXXX (or by the Issuer under the Further Transfer and Servicing Agreements) all collections on the Receivables held by GMAC on the Initial Closing Date or Additional Closing Date, as applicable, and conveyed to XXXX pursuant to Section 2.01; provided that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.

Pre-Closing Collections. Within two Business Days after the Closing Dateclosing hereunder, GMAC shall transfer to the account or accounts designated by XXXX CARI (or by the Issuer under the Further Transfer and Servicing AgreementsAgrxxxxnts) all collections on the Receivables held by GMAC on at the Closing Date time of such closing and conveyed to XXXX CARI pursuant to Section 2.012.01(a); provided that so long as the Monthly Mxxxxly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.

Pre-Closing Collections. Within two Business Days after the Closing Date, GMAC shall transfer to the account or accounts designated by XXXX CARI (or by the Issuer under the Further Transfer and Servicing AgreementsAgrexxxxts) all collections on the Receivables held by GMAC on the Closing Date and conveyed to XXXX CARI pursuant to Section 2.01; provided that so long as the Monthly Remittance Xxxxttance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.

Pre-Closing Collections. Within two Business Days after the Initial Closing Date and each Additional Closing Date, GMAC shall transfer to the account or accounts designated by XXXX CARI (or by the Issuer under the Further Transfer and Servicing AgreementsAgreexxxxs) all collections on the Receivables held by GMAC on the Initial Closing Date or Additional Closing Date, as applicable, and conveyed to XXXX CARI pursuant to Section 2.01; provided that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.

Pre-Closing Collections. Within two (2) Business Days after the Closing Date, Date GMAC shall transfer to the account or accounts designated by XXXX CXXX (or by the Issuer under the Further Transfer and Servicing Agreements) all collections on the Receivables held by GMAC on the Closing Date Date, and conveyed to XXXX CXXX pursuant to Section 2.01; provided that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.

Pre-Closing Collections. Within two Business Days after the Closing Date, GMAC shall transfer to the account or accounts designated by XXXX CARI (or by the Issuer under the Further Transfer and Servicing AgreementsAgreexxxxs) all collections on the Receivables held by GMAC on the Closing Date and conveyed to XXXX CARI pursuant to Section 2.01; provided that so long as the Monthly Remittance Rxxxxtance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.

Pre-Closing Collections. Within two Business Days after the Closing Dateclosing hereunder, GMAC shall transfer to the account or accounts designated by XXXX (or by the Issuer under the Further Transfer and Servicing Agreements) all collections on the Receivables held by GMAC on at the Closing Date time of such closing and conveyed to XXXX pursuant to Section 2.012.01(a); provided that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.

Pre-Closing Collections. Within two Business Days after the Initial Closing Date and each Additional Closing Date, GMAC shall transfer to the account or accounts designated by XXXX (or by the Issuer under the Further Second Step Transfer and Servicing Agreements) all collections on the Receivables held by GMAC on the Initial Closing Date or Additional Closing Date, as applicable, and conveyed to XXXX pursuant to Section 2.01; provided that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.

Pre-Closing Collections. Within two (2) Business Days after the Initial Closing Date and each Subsequent Closing Date, GMAC shall transfer to the account or accounts designated by XXXX (or by the Issuer under the Further Transfer and Servicing Agreements) all collections on the Receivables held by GMAC on the Initial Closing Date or Subsequent Closing Date, as applicable, and conveyed to XXXX pursuant to Section 2.01; provided that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.

Pre-Closing Collections. Within two (2) Business Days after the Closing Date, Date GMAC shall transfer to the account or accounts designated by XXXX (or by the Issuer under the Further Transfer and Servicing Agreements) all collections on the Receivables held by GMAC on the Closing Date Date, and conveyed to XXXX pursuant to Section 2.01; provided that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.

Pre-Closing Collections. Within two Business Days after the Closing Dateclosing hereunder, GMAC shall transfer to the account or accounts designated by XXXX CARI (or xx by the Issuer under the Further Transfer and Servicing Agreements) all collections on the Receivables held by GMAC on at the Closing Date time of such closing and conveyed to XXXX pursuant CARI xxxsuant to Section 2.012.01(a); provided that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.