Common use of Unrelated Amounts Clause in Contracts

Unrelated Amounts. If the Servicer determines that amounts which are not property of the Issuer or due to the Issuer (the “Unrelated Amounts”) have been deposited in the Collection Account, then the Servicer shall provide written evidence thereof to the Issuer no later than the first Business Day following the day on which the Servicer had actual knowledge thereof and withdraw the Unrelated Amounts from the Collection Account. Unrelated Amounts shall not be treated as Available Amounts on Receivable Assets and shall not be subject to the provisions of Section 2.12.

Appears in 12 contracts

Samples: Servicing Agreement (GE TF Trust), Servicing Agreement (GE TF Trust), Servicing Agreement (GE TF Trust)

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Unrelated Amounts. If the Servicer determines that amounts which are not property of the Issuer or due to the Issuer (the “Unrelated Amounts”) have been deposited in the Collection Account, then the Servicer shall provide written evidence thereof to the Issuer no later than the first Business Day following the day on which the Servicer had actual knowledge thereof and thereof. Upon receipt of any such notice, the Servicer shall withdraw the Unrelated Amounts from the Collection Account. Unrelated Amounts , and the same shall not be treated as Available Amounts on Receivable Assets Loans and shall not be subject to the provisions of Section 2.12.

Appears in 6 contracts

Samples: Servicing Agreement (GE Equipment Transportation LLC, Series 2012-1), Servicing Agreement (GE Equipment Transportation LLC, Series 2012-1), Servicing Agreement (GE Equipment Transportation LLC, Series 2011-1)

Unrelated Amounts. If the Servicer determines that amounts which are not property of the Issuer or due to the Issuer (the “Unrelated Amounts”) have been deposited in the Collection Account, then the Servicer shall provide written evidence thereof to the Issuer no later than the first Business Day following the day on which the Servicer had actual knowledge thereof and thereof, which evidence shall be provided in writing. Upon receipt of any such notice, the Servicer shall withdraw the Unrelated Amounts from the Collection Account. Unrelated Amounts , and the same shall not be treated as Available Amounts on Receivable Assets Loans and shall not be subject to the provisions of Section 2.12.

Appears in 5 contracts

Samples: Servicing Agreement (Cef Equipment Holding LLC), Servicing Agreement (Cef Equipment Holding LLC), Servicing Agreement (Cef Equipment Holding LLC)

Unrelated Amounts. If the Servicer determines that amounts which are not property of the Issuer or due to the Issuer (the "Unrelated Amounts") have been deposited in the Collection Account, then the Servicer shall provide written evidence thereof to the Issuer no later than the first Business Day following the day on which the Servicer had actual knowledge thereof and thereof, which evidence shall be provided in writing. Upon receipt of any such notice, the Servicer shall withdraw the Unrelated Amounts from the Collection Account. Unrelated Amounts , and the same shall not be treated as Available Amounts on Receivable Assets Loans and shall not be subject to the provisions of Section 2.12.

Appears in 4 contracts

Samples: Servicing Agreement (Cef Equipment Holding LLC), Servicing Agreement (GE Equipment Midticket LLC, Series 2006-1), Servicing Agreement (Cef Equipment Holding LLC)

Unrelated Amounts. If the Servicer determines that amounts which are not property of the Issuer or due to the Issuer (the “Unrelated Amounts”) have been deposited in the Collection Account, then the Servicer shall provide written evidence thereof to the Issuer no later than the first Business Day following the day on which the Servicer had actual knowledge thereof and thereof. Upon receipt of any such notice, the Servicer shall withdraw the Unrelated Amounts from the Collection Account. Unrelated Amounts , and the same shall not be treated as Available Amounts on Receivable Purchaser Assets and shall not be subject to the provisions of Section 2.12.

Appears in 4 contracts

Samples: Servicing Agreement (GE Equipment Midticket LLC, Series 2012-1), Servicing Agreement (GE Equipment Midticket LLC, Series 2012-1), Servicing Agreement (GE Equipment Midticket LLC, Series 2011-1)

Unrelated Amounts. If the Servicer determines that amounts which are not property of the Issuer or due to the Issuer (the “Unrelated Amounts”) have been deposited in the Collection Account, then the Servicer shall provide written evidence thereof to the Issuer no later than the first Business Day following the day on which the Servicer had actual knowledge thereof and thereof. Upon receipt of any such notice, the Servicer shall withdraw the Unrelated Amounts from the Collection Account. Unrelated Amounts , and the same shall not be treated as Available Amounts on Receivable Assets [Loans] [Purchaser Assets] and shall not be subject to the provisions of Section 2.12.

Appears in 1 contract

Samples: Servicing Agreement (Cef Equipment Holding LLC)

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Unrelated Amounts. If the Servicer determines that amounts which are not property of the Issuer or are not due to the Issuer (the “Unrelated Amounts”) have been deposited in the Collection Account, then the Servicer shall provide written evidence thereof to the Issuer no later than the first Business Day following the day on which the Servicer had actual knowledge thereof and withdraw the Unrelated Amounts from the Collection Account. Unrelated Amounts shall not be treated as Available Amounts on Receivable Assets [Loans] [Receivables Assets] and shall not be subject to the provisions of Section 2.12.

Appears in 1 contract

Samples: Servicing Agreement (GECB Equipment Funding, LLC)

Unrelated Amounts. If the Servicer determines that amounts which are not property of the Issuer or due to the Issuer (the “Unrelated Amounts”) have been deposited in the Collection Account, then the Servicer shall provide written evidence thereof to the Issuer no later than the first Business Day following the day on which the Servicer had actual knowledge thereof and thereof, which evidence shall be provided in writing. Upon receipt of any such notice, the Servicer shall withdraw the Unrelated Amounts from the Collection Account. Unrelated Amounts , and the same shall not be treated as Available Amounts on Receivable Assets [Loans] [Purchaser Assets] and shall not be subject to the provisions of Section 2.12.

Appears in 1 contract

Samples: Servicing Agreement (Cef Equipment Holding LLC)

Unrelated Amounts. If the Servicer determines that amounts which are not property of the Issuer or due to the Issuer (the "Unrelated Amounts") have been deposited in the Collection Account, then the Servicer shall provide written evidence thereof to the Issuer no later than the first Business Day following the day on which the Servicer had actual knowledge thereof and thereof, which evidence shall be provided in writing. Upon receipt of any such notice, the Servicer shall withdraw the Unrelated Amounts from the Collection Account. Unrelated Amounts , and the same shall not be treated as Available Amounts Collections on Receivable Assets Receivables and shall not be subject to the provisions of Section 2.12Sections 2.12 or 2.13.

Appears in 1 contract

Samples: Servicing Agreement (Cef Equipment Holding LLC)

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