The Paying Agent. (a) The Borrower hereby appoints Xxxxx Fargo Bank, National Association as the initial Paying Agent. All payments of amounts due and payable in respect of the Borrower Obligations that are to be made from amounts withdrawn from the Collection Account pursuant to Sections 2.06 or 2.07 shall be made on behalf of the Borrower by the Paying Agent. The Paying Agent hereby agrees that subject to the provisions of this Section, it shall:
Appears in 7 contracts
Samples: Loan and Servicing Agreement (Drivetime Automotive Group Inc), Loan and Servicing Agreement (DT Acceptance Corp), Loan and Servicing Agreement (DT Acceptance Corp)
The Paying Agent. (a) The Borrower hereby appoints Xxxxx Fargo Bank, National Association as the initial Paying Agent. All payments of amounts due and payable in respect of the Borrower Obligations that are to be made from amounts withdrawn from the Collection Account or the Reserve Account pursuant to Sections 2.06 or 2.07 shall be made on behalf of the Borrower by the Paying Agent. The Paying Agent hereby agrees that subject to the provisions of this Section, it shall:
Appears in 6 contracts
Samples: Loan and Servicing Agreement (DT Credit Company, LLC), Loan and Servicing Agreement (DT Credit Company, LLC), Loan and Servicing Agreement (DT Credit Company, LLC)
The Paying Agent. (a) The Borrower hereby appoints Xxxxx Fargo Bank, National Association as the initial Paying Agent. All payments of amounts due and payable in respect of the Borrower Obligations that are to be made from amounts withdrawn from the Collection Account pursuant to Sections 2.06 2.07 or 2.07 2.08 shall be made on behalf of the Borrower by the Paying Agent. The Paying Agent hereby agrees that subject to the provisions of this Section, it shall:
Appears in 5 contracts
Samples: Loan and Servicing Agreement (Drivetime Automotive Group Inc), Loan and Servicing Agreement (DT Acceptance Corp), Loan and Servicing Agreement (DT Credit Company, LLC)
The Paying Agent. (a) The Borrower Lenders hereby appoints appoint Xxxxx Fargo Bank, National Association N.A. as the initial Paying Agent. All payments of amounts due and payable in respect of the Borrower Obligations that are to be made from amounts withdrawn from the Collection Account pursuant to Sections 2.06 or 2.07 Section 2.12 shall be made on behalf of the Borrower by the Paying Agent. The Agent based on the Monthly Servicing Report (upon which the Paying Agent hereby agrees that subject shall be entitled to the provisions of this Section, it shall:conclusively rely).
Appears in 5 contracts
Samples: Credit Agreement (Enova International, Inc.), Credit Agreement (On Deck Capital, Inc.), Credit Agreement (On Deck Capital, Inc.)
The Paying Agent. (a) The Borrower Lenders hereby appoints appoint Xxxxx Fargo Bank, National Association as the initial Paying Agent. All payments of amounts due and payable in respect of the Borrower Obligations that are to be made from amounts withdrawn from the Collection Account pursuant to Sections 2.06 or 2.07 shall be made on behalf of the Borrower by the Paying Agent. The Paying Agent hereby agrees that subject to based on the provisions of this Section, it shall:Monthly Servicing Report.
Appears in 4 contracts
Samples: Credit Agreement (FlexShopper, Inc.), Credit Agreement (FlexShopper, Inc.), Credit Agreement (FlexShopper, Inc.)
The Paying Agent. (a) The Borrower Lenders hereby appoints Xxxxx appoint Wxxxx Fargo Bank, National Association N.A. as the initial Paying Agent. All payments of amounts due and payable in respect of the Borrower Obligations that are to be made from amounts withdrawn from the Collection Account pursuant to Sections 2.06 or 2.07 Section 2.12 shall be made on behalf of the Borrower by the Paying Agent. The Agent based on the Monthly Servicing Report (upon which the Paying Agent hereby agrees that subject shall be entitled to the provisions of this Section, it shall:conclusively rely).
Appears in 2 contracts
Samples: Credit Agreement (On Deck Capital, Inc.), Credit Agreement (On Deck Capital, Inc.)
The Paying Agent. (a) The Borrower Lenders hereby appoints appoint Xxxxx Fargo Bank, National Association N.A. as the initial Paying Agent. All payments of amounts due and payable in respect of the Borrower Obligations that are to be made from amounts withdrawn from the Collection Account pursuant to Sections 2.06 or 2.07 Section 2.11 shall be made on behalf of the Borrower by the Paying Agent. The Agent based on the Monthly Servicing Report (upon which the Paying Agent hereby agrees that subject shall be entitled to the provisions of this Section, it shall:conclusively rely).
Appears in 1 contract
The Paying Agent. (a) The Borrower hereby appoints Xxxxx Fargo Bank, National Association as the initial Paying Agent. All payments of amounts due and payable in respect of the Borrower Obligations that are to be made from amounts withdrawn from the Collection Account or the Reserve Account pursuant to Sections 2.06 or 2.07 Section 2.08 shall be made on behalf of the Borrower by the Paying Agent. The Paying Agent hereby agrees that subject to the provisions of this Section, it shall:
Appears in 1 contract
The Paying Agent. (a) The Borrower Lenders hereby appoints appoint Xxxxx Fargo Bank, National Association N.A. as the initial Paying Agent. All payments of amounts due and payable in respect of the Borrower Obligations that are to be made from amounts withdrawn from the Collection Account pursuant to Sections 2.06 or 2.07 Section 2.12 shall be made on behalf of the Borrower by the Paying Agent. The EAST\148781874.9 Agent based on the Monthly Servicing Report (upon which the Paying Agent hereby agrees that subject shall be entitled to the provisions of this Section, it shall:conclusively rely).
Appears in 1 contract
The Paying Agent. (a) The Borrower Lenders hereby appoints Xxxxx appoint Wxxxx Fargo Bank, National Association as the initial Paying Agent. All payments of amounts due and payable in respect of the Borrower Obligations that are to be made from amounts withdrawn from the Collection Account pursuant to Sections 2.06 or 2.07 shall be made on behalf of the Borrower by the Paying Agent. The Paying Agent hereby agrees that subject to based on the provisions of this Section, it shall:Monthly Servicing Report.
Appears in 1 contract
Samples: Credit Agreement (FlexShopper, Inc.)