Administration and Collection. SECTION 6.01.
Administration and Collection. OF RECEIVABLES
Administration and Collection. 31 Section 8.1 DESIGNATION OF SERVICERS.......................................................................31 Section 8.2 DUTIES OF SERVICERS............................................................................32 Section 8.3 RIGHTS OF THE ADMINISTRATIVE AGENT.............................................................33 Section 8.4 RESPONSIBILITIES OF SELLER PARTIES.............................................................34 Section 8.5 FURTHER ACTION EVIDENCING PURCHASES AND REINVESTMENTS..........................................35 Section 8.6 APPLICATION OF COLLECTIONS.....................................................................36
Administration and Collection. 30 Section 6.1.
Administration and Collection. 23 Section 5.1 Designation of Sub-Servicer 23 Section 5.2 Duties of Sub-Servicer 24 Section 5.3 Collection Rights 25 Section 5.4 Responsibilities of the Sub-Servicer and Originators 26 Section 5.5 Reports 26 Section 5.6 Sub-Servicer Fee 26 ARTICLE VI AMORTIZATION EVENTS 26 Section 6.1 Amortization Events 26 Section 6.2 Remedies 28 ARTICLE VII INDEMNIFICATION 28 Section 7.1 INDEMNITIES BY KNEI 28 Section 7.2 Other Costs and Expenses 33 Section 7.3 LIABILITY OF ADDITIONAL ORIGINATORS TO KNEI AND INDEMNIFIED PARTIES 33 ARTICLE VIII MISCELLANEOUS 33 Section 8.1 Waivers and Amendments 33 Section 8.2 Notices 34 Section 8.3 Protection of Ownership Interests of Buyer 34 Section 8.4 Confidentiality 35 Section 8.5 Bankruptcy Petition 35 Section 8.6 CHOICE OF LAW 36 Section 8.7 CONSENT TO JURISDICTION 36 Section 8.8 WAIVER OF JURY TRIAL 36 Section 8.9 Integration; Binding Effect; Survival of Terms 37 Section 8.10 Counterparts; Severability; Section References 37 Exhibits and Schedules Exhibit I - Definitions Exhibit II - Places of Business; Locations of Records; Federal Employer Identification Number(s); Other Names Exhibit III - Lock-Boxes; Collection Accounts; Collection Banks Exhibit IV - Form of Compliance Certificate Exhibit V - Credit and Collection Policy Exhibit VI - Form of Subscription Agreement Exhibit VII - Form of Subordinated Note Exhibit VIII - Form of Joinder Supplement Exhibit IX - Form of Performance Guaranty Schedule A List of Documents to Be Delivered to Buyer Prior to the Purchase RECEIVABLES SALE AGREEMENT THIS RECEIVABLES SALE AGREEMENT, dated as of September 28, 1999, is by and between K N Energy, Inc., a Kansas corporation ("KNEI"), and certain Additional Originators as specified herein (KNEI and the Additional Originators, each an "Originator," collectively "Originators") and KN Receivables Corporation, a Delaware corporation ("Buyer"). Unless defined elsewhere herein, capitalized terms used in this Agreement shall have the meanings assigned to such terms in Exhibit I.
Administration and Collection. 4 Section 3.1. Originator to Act as Collection Agent........................4 Section 3.2. Deemed Collections...........................................4 Section 3.3. Application of Collections...................................5 Section 3.4. Responsibilities of Originator...............................5
Administration and Collection. After termination of the contract, WaterRower will coordinate a mutually convenient pick up time to collect the Equipment. Renter shall be responsible for proper packing of the Equipment in the original shipping box, in accordance with the packing and shipping instructions. For the return of the machine and the administration during the contract period, WaterRower charges a fee of $149.95 (WA & NT $199.95) payable at the termination of the contract which, at WaterRower's option, shall be offset against the deposit. Please retain the original boxes to avoid purchasing replacement boxes. If replacement boxes are needed, purchase price is appx. $100.00.
Administration and Collection. OF POOL RECEIVABLES
Administration and Collection. The Council will be responsible for the imposition, administration, collection and recovery of the BID Levy.
Administration and Collection. 32 SECTION 8.1. Designation of Servicer and Sub-Servicers................................ 32 SECTION 8.2. Duties of Servicer....................................................... 33 SECTION 8.3. Rights of Administrator.................................................. 35 SECTION 8.4. Responsibilities of Seller............................................... 37 SECTION 8.5. Further Action Evidencing Purchases and Reinvestments.................... 37 SECTION 8.6. Application of Collections............................................... 38