Common use of Unrelated Amounts Clause in Contracts

Unrelated Amounts. If Servicer determines that amounts which are not property of Issuer (“Unrelated Amounts”) have been deposited in the Collection Account, Servicer shall withdraw the Unrelated Amounts from the Collection Account, and the same shall not be treated as Collections on Transferred Receivables and shall not be subject to the provisions of Section 2.11.

Appears in 2 contracts

Samples: Servicing Agreement (Synchrony Card Issuance Trust), Servicing Agreement

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Unrelated Amounts. If Servicer determines that amounts which are not property of Issuer or the Retained Interest Owner (“Unrelated Amounts”) have been deposited in the Collection Account with respect to the Issuer, or the Retained Interest Account, with respect to the Retained Interest Owner, Servicer shall withdraw the Unrelated Amounts from the Collection Account or Retained Interest Account, as applicable, and the same shall not be treated as Collections on Transferred Receivables Interests or Retained Interests, as applicable, and shall not be subject to the provisions of Section 2.11.

Appears in 1 contract

Samples: Servicing Agreement (Synchrony Financial)

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Unrelated Amounts. If Servicer determines that amounts which are not property of Issuer (the “Unrelated Amounts”) have been deposited in the Collection Account, Servicer shall withdraw the Unrelated Amounts from the Collection Account, and the same shall not be treated as Collections on Transferred Serviced Receivables and shall not be subject to the provisions of Section 2.112.10.

Appears in 1 contract

Samples: Sub Servicing Agreement (NBCUniversal Media, LLC)

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