Common use of Segregation of Collections Clause in Contracts

Segregation of Collections. (a) Prevent the deposit into any Account of any funds other than Collections or other funds to be deposited into such Accounts under this Indenture or the other Transaction Documents (provided that, this covenant shall not be breached to the extent that funds are inadvertently deposited into any of such Accounts and are promptly segregated and removed from the Account); and

Appears in 11 contracts

Samples: Indenture and Servicing Agreement (Wyndham Worldwide Corp), Indenture and Servicing Agreement (Wyndham Worldwide Corp), Indenture and Servicing Agreement (Wyndham Worldwide Corp)

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Segregation of Collections. (ai) Prevent the deposit into any Series Account of any funds other than Collections or other funds to be deposited into such Accounts accounts under this Indenture Agreement, a Series Supplement or the other Transaction Facility Documents (provided that, this covenant shall not be breached to the extent that funds are inadvertently deposited into any of such Accounts accounts and are promptly segregated and removed from the Accountaccount); and

Appears in 2 contracts

Samples: Master Indenture and Servicing Agreement (Cendant Corp), Master Indenture and Servicing Agreement (Wyndham Worldwide Corp)

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Segregation of Collections. (a) Prevent the deposit into any Account of any funds other than Collections or other funds to be deposited into such Accounts under this Indenture Agreement or the other Transaction Documents (provided that, this covenant shall not be breached to the extent that funds are inadvertently deposited into any of such Accounts and are promptly segregated and removed from the Account); and

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Cendant Corp)

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