Common use of Purchased Amounts Clause in Contracts

Purchased Amounts. The Servicer or the Seller shall deposit or cause to be deposited in the Collection Account, on the Business Day preceding each Payment Date, the aggregate Purchased Amount with respect to Purchased Receivables and the Servicer shall deposit therein all amounts to be paid under Section 4.07. Notice of this amount shall be provided in writing by the applicable party to the Indenture Trustee.

Appears in 23 contracts

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2015-A), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2014-B), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2014-A)

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Purchased Amounts. The Servicer or the Seller shall deposit or cause to be deposited in the Collection Account, on the Business Day preceding each Payment Date, the aggregate Purchased Amount with respect to Purchased Receivables and the Servicer shall deposit therein all amounts to be paid under Section 4.07. Notice of this amount shall be provided in writing by the applicable party to the Indenture Trustee.. 30 (2015-B Sale and Servicing Agreement)

Appears in 1 contract

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2015-B)

Purchased Amounts. The Servicer or the Seller shall deposit or cause to be deposited in the Collection Account, on the Business Day preceding each Payment Date, the aggregate Purchased Amount with respect to Purchased Receivables and the Servicer shall deposit therein all amounts to be paid under Section 4.07. Notice of this amount shall be provided in writing by the applicable party to the Indenture Trustee.. 29 (2013-A Sale and Servicing Agreement)

Appears in 1 contract

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2013-A)

Purchased Amounts. The Servicer or the Seller Seller, as applicable, shall deposit or cause to be deposited in the Collection Account, on the Business Day preceding each Payment Datedate specified in Section 3.03 or Section 4.07, the aggregate Purchased Amount with respect to Purchased Receivables and the Servicer shall deposit therein all amounts to be paid under Section 4.07. All such deposits with respect to any such date which is a Payment Date shall be made in immediately available funds on or before the Business Day preceding such Payment Date. Notice of this amount shall be provided in writing by the applicable party to the Indenture Trustee.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2015-C)

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Purchased Amounts. The Servicer or the Seller shall deposit or cause to be deposited in the Collection Account, on the Business Day preceding or prior to each Payment Determination Date, the aggregate Purchased Amount with respect to Purchased Receivables and the Servicer shall deposit therein all amounts to be paid under Section 4.07. Notice of this amount shall be provided in writing by the applicable party to the Indenture Trustee.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Hyundai Abs Funding Corp)

Purchased Amounts. The Servicer or the Seller shall deposit or cause to be deposited in the Collection Account, on the Business Day preceding or prior to each Payment Date, the aggregate Purchased Amount with respect to Purchased Receivables and the Servicer shall deposit therein all amounts to be paid under Section 4.07. Notice of this amount shall be provided in writing by the applicable party to the Indenture Trustee.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Hyundai Abs Funding Corp)

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