Common use of Allocations of Collections Clause in Contracts

Allocations of Collections. If an Obligor is obligated under one or more Receivables and also under one or more other assets owned by the Bank or assigned by the Bank to third parties, then any payment on any such asset received from or on behalf of such Obligor shall, if identified as being made with respect to a particular item or asset, be applied to such item, and otherwise shall be allocated by the Bank in accordance with its customary standards, policies and procedures.

Allocations of Collections. If an Obligor is obligated under one or more Receivables and also under one or more other assets owned by the Bank Servicer or assigned by the Bank to a third partiesparty, then any payment on any such asset received from or on behalf of such Obligor shallwill, if identified as being made with respect to a particular item or asset, be applied to such item, and otherwise shall will be allocated by the Bank Servicer in accordance with its customary standards, policies and proceduresCustomary Servicing Practices.

Allocations of Collections. If an Obligor is obligated under one or more Receivables and also under one or more other assets owned by the Bank or assigned by the Bank to third partiesReceivables, then any payment on any such asset received from or on behalf of such Obligor shallwill, if identified as being made with respect to a particular item or asset, be applied to such item, and otherwise shall will be allocated by the Bank Servicer in accordance with its customary standards, policies and procedurespolicies.

Allocations of Collections. If an Obligor is obligated under one or more Receivables and also under one or more other assets owned by the Bank Seller or assigned by the Bank Seller to third parties, then any payment on any such asset received from or on behalf of such Obligor shallwill, if identified as being made with respect to a particular item or asset, be applied to such item, and otherwise shall will be allocated by the Bank Servicer in accordance with its customary standards, policies and procedures.

Allocations of Collections. If an Obligor is obligated under one or more Receivables and also under one or more other assets owned by the Bank Issuer or assigned by the Bank to a third partiesparty, then any payment on any such asset received from or on behalf of such Obligor shallwill, if identified as being made with respect to a particular item or asset, be applied to such item, and otherwise shall will be allocated by the Bank Master Servicer or the Receivables Servicer in accordance with its customary standards, policies and proceduresCustomary Servicing Practices.

Allocations of Collections. If an Obligor is obligated under one or more Receivables and also under one or more other assets owned by the Bank [ ] or assigned by the Bank [ ] to third parties, then any payment on any such asset received from or on behalf of such Obligor shall, if identified as being made with respect to a particular item or asset, be applied to such item, and otherwise shall be allocated by the Bank [ ] in accordance with its customary standards, policies and procedures.