Recovery of Expenses; Interest; Working Capital Advances. The Company shall cause commercially reasonable efforts to be used to recover from Borrowers and Guarantors those Company Advances and Receiver Advances which such Borrowers or Guarantors are obligated to pay. No Company Advances shall bear interest chargeable in any way to Participant. The Company shall make Working Capital Advances as required in Section 3.02.
Appears in 2 contracts
Samples: Participation and Servicing Agreement, Participation and Servicing Agreement
Recovery of Expenses; Interest; Working Capital Advances. The Company shall cause commercially reasonable efforts to be used to recover from Borrowers and Guarantors those Company Advances Servicing Expenses and Receiver Pre-Cut-Off Date Advances which such Borrowers or Guarantors are obligated to pay. No Company Advances Servicing Expenses shall bear interest chargeable in any way to Participant. The Company shall make Working Capital Advances as required in Section 3.02.
Appears in 2 contracts
Samples: Participation and Servicing Agreement, Participation and Servicing Agreement