Common use of Servicing of Receivables Clause in Contracts

Servicing of Receivables. All payments or monies received by Seller or its affiliated or third party contractors with respect to the payment of any Receivable or Future Receivable have been properly applied. Each Account has been maintained and serviced by Seller in accordance with Seller's Policies and Procedures as well as all Requirements of Law.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Deere & Co), Asset Purchase Agreement (Deere & Co), Asset Purchase Agreement (Deere & Co)

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Servicing of Receivables. All payments or monies received by Seller or its affiliated affiliates or third party contractors with respect to the payment of any Receivable or Future Receivable have been properly applied. Each Account has been maintained and serviced by Seller in accordance with Seller's Policies and Procedures as well as all Requirements requirements of Lawapplicable law.

Appears in 1 contract

Samples: Factoring Agreement (Deere & Co)

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