Common use of Transfer From Deposit Accounts to Collection Account Clause in Contracts

Transfer From Deposit Accounts to Collection Account. On each Business Day, all amounts on deposit in each Deposit Account shall be transferred by the Servicer from such Deposit Account to the Collection Account.

Appears in 9 contracts

Samples: Receivables Purchase Agreement (KAR Auction Services, Inc.), Receivables Purchase Agreement (KAR Auction Services, Inc.), Receivables Purchase Agreement (KAR Auction Services, Inc.)

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Transfer From Deposit Accounts to Collection Account. On each Business Day, all amounts on deposit in each Deposit Account shall be transferred by the Servicer from such Deposit Account to the Collection Account.. WSLegal\047083\00034\12027575v8 I\5470303.2

Appears in 1 contract

Samples: Receivables Purchase Agreement (KAR Auction Services, Inc.)

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