Common use of Remittance Collection Clause in Contracts

Remittance Collection. On the day received the Bank will open all mail addressed to the Lock Box and remove and inspect the enclosures. All checks, money orders and other forms or orders for the payment of money and other collection remittances (hereinafter collectively referred to as "checks") shall be processed by the Bank as follows:

Remittance Collection. On the day received received, the Bank will open all mail addressed to the Lock Box Bank Lockbox and remove and inspect the enclosures. All checks, money orders and other forms or orders for the payment of money and other collection remittances (hereinafter collectively referred to as "checks") shall be processed by the Bank as follows:

Remittance Collection. On the day received the Bank will open all mail addressed to the Lock Box Lockbox and remove and inspect the enclosures. All checks, money orders and other forms or orders for the payment of money and other collection remittances (hereinafter collectively referred to as "checks") shall be processed by the Bank as follows:

Remittance Collection. On the day received the Bank (or at any time prior to the occurrence of an Event of Default, the Borrower) will open all mail addressed to the Lock Box and remove and inspect the enclosures. All checks, money orders and other forms or orders for the payment of money and other collection remittances (hereinafter collectively referred to as "checks") shall be processed by the Bank (or at any time prior to the occurrence of an Event of Default, the Borrower) as follows:

Remittance Collection. On the day received the Bank will open all mail addressed to the Lock Box and remove and inspect the enclosures. All checks, money orders and other forms or orders for the payment of money and other collection remittances (hereinafter collectively referred to as "checks") shall be processed by the Bank as follows: a. Missing Date. All undated checks will be dated by the Bank as of the postmark date and processed as hereafter provided.