Common use of Additional Deposits Clause in Contracts

Additional Deposits. The Depositor and the Servicer shall deposit or cause to be deposited in the Collection Account the aggregate Purchase Amount with respect to Purchased Receivables pursuant to Sections 2.4, 3.7 or 9.1. All such deposits described above with respect to a Collection Period shall be made in immediately available funds no later than 5:00 p.m., New York City time, on the Business Day preceding the Distribution Date following such Collection Period.

Appears in 39 contracts

Samples: Sale and Servicing Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC)

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Additional Deposits. The Depositor and the Servicer shall deposit or cause to be deposited in the Collection Account the aggregate Purchase Amount with respect to Purchased Receivables pursuant to Sections 2.4, 3.7 or 9.1. All such deposits described above with respect to a Collection Period shall be made in immediately available funds no later than 5:00 p.m.noon, New York City time, on the Business Day preceding the Distribution Date following such Collection Period.

Appears in 30 contracts

Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2024-2), Sale and Servicing Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC)

Additional Deposits. The Depositor and the Servicer shall deposit or cause to be deposited in the Collection Account the aggregate Purchase Amount with respect to Purchased Receivables pursuant to Sections Section 2.4, 3.7 or 9.1. All such deposits described above with respect to a Collection Period shall be made in immediately available funds no later than 5:00 p.m., New York City time, on the Business Day preceding the Distribution Date following such Collection Period.

Appears in 21 contracts

Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2013-1), Sale and Servicing Agreement (CarMax Auto Owner Trust 2014-4), Sale and Servicing Agreement (CarMax Auto Owner Trust 2012-3)

Additional Deposits. The Depositor and the Servicer shall deposit or cause to be deposited in the Collection Account the aggregate Purchase Amount with respect to Purchased Receivables pursuant to Sections Section 2.4, 3.7 or 9.1. All such deposits described above with respect to a Collection Period shall be made in immediately available funds no later than 5:00 p.m., New York City time, on the Business Day preceding the Distribution Date following such Collection Period.

Appears in 13 contracts

Samples: Sale and Servicing Agreement (Carmax Auto Owner Trust 2007-1), Sale and Servicing Agreement (CarMax Auto Owner Trust 2004-1), Sale and Servicing Agreement (CarMax Auto Owner Trust 2006-2)

Additional Deposits. The Depositor and the Servicer shall deposit or cause to be deposited in the Collection Account the aggregate Purchase Amount Amounts with respect to Purchased Receivables pursuant and Servicer shall deposit therein all amounts, if any, to Sections 2.4, 3.7 or be paid under Section 9.1. All such deposits described above with respect to a Collection Period shall be made in immediately available funds no not later than 5:00 p.m., the 11:00 a.m. (New York City time, ) on the Business Day preceding the Distribution Deposit Date following such the end of the related Collection Period.

Appears in 4 contracts

Samples: Sale and Servicing (M&i Dealer Auto Securitization LLC), Sale and Servicing Agreement (M&i Auto Loan Trust 2002-1), Sale and Servicing Agreement (M&i Dealer Auto Securitization LLC)

Additional Deposits. (a) The Depositor and the Servicer shall deposit or cause to be deposited in the Collection Account the aggregate Purchase Amount Amounts with respect to Purchased Receivables pursuant to Sections 2.42.3 and 3.7, 3.7 or 9.1respectively, and the Servicer shall deposit therein all Purchase Amounts to be paid under Section 8.1. All such deposits described above with respect to a Collection Period shall be made made, in immediately available funds no later than 5:00 p.m., 10:00 a.m. New York City time, on the Business Day preceding the Distribution Payment Date following related to such Collection Period.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (USAA Auto Owner Trust 2008-1), Sale and Servicing Agreement (USAA Auto Owner Trust 2007-2), Sale and Servicing Agreement (Usaa Acceptance LLC)

Additional Deposits. The Depositor Seller and the Servicer shall deposit or cause to be deposited in the Collection Account the aggregate Purchase Amount with respect to Purchased Receivables pursuant to Sections Section 2.4, 3.7 or 9.1. All such deposits described above with respect to a Collection Period shall be made in immediately available funds no later than 5:00 p.m., New York City time, on the Business Day preceding the Distribution Date following such Collection Period.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

Additional Deposits. The Depositor Servicer and the Servicer Seller shall deposit or cause to be deposited in the Collection Account the aggregate Purchase Amount Amounts with respect to Purchased Receivables pursuant and Servicer shall deposit therein all amounts, if any, to Sections 2.4, 3.7 or be paid under Section 9.1. All such deposits described above with respect to a Collection Period shall be made in immediately available funds no not later than 5:00 p.m., the 11:00 a.m. (New York City time, ) on the Business Day preceding the Distribution Deposit Date following such the end of the related Collection Period.

Appears in 2 contracts

Samples: Sale and Servicing (Bank One Auto Securitization LLC), Sale and Servicing Agreement (Amsouth Auto Receivables LLC)

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Additional Deposits. The Depositor Seller and the Servicer shall ------------------- deposit or cause to be deposited in the Collection Account the aggregate Purchase Amount with respect to Purchased Receivables pursuant to Sections Section 2.4, 3.7 or 9.1. All such deposits described above with respect to a Collection Period shall be made in immediately available funds no later than 5:00 p.m., New York City time, on the Business Day preceding the Distribution Date following such Collection Period.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

Additional Deposits. The Depositor Servicer and the Servicer Seller shall deposit or cause to be deposited in the Collection Account the aggregate Purchase Amount Amounts with respect to Purchased Receivables pursuant to Sections 2.4, 3.7 or 9.1Receivables. All such deposits described above with respect to a Collection Period shall be made in immediately available funds no not later than 5:00 p.m., the 11:00 a.m. (New York City time, ) on the Business Day preceding the Distribution Deposit Date following such the end of the related Collection Period.

Appears in 1 contract

Samples: Sale and Servicing (Bank One Auto Securitization Trust 2003-1)

Additional Deposits. The Depositor Servicer and the Servicer Seller shall deposit or cause to be deposited in the Collection Account the aggregate Purchase Amount Amounts with respect to Purchased Receivables pursuant and Seller or Servicer shall deposit therein all amounts, if any, to Sections 2.4, 3.7 or be paid under Section 9.1. All such deposits described above with respect to a Collection Period shall be made in immediately available funds no not later than 5:00 p.m., 1:00 p.m. New York City time, time on the Business Day preceding the Distribution Deposit Date following such the end of the related Collection Period.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Wells Fargo Auto Receivables Corp)

Additional Deposits. The Depositor and the Servicer shall deposit or cause to be deposited in the Collection Account the aggregate Purchase Amount with respect to Purchased Receivables pursuant to Sections Section 2.4, 3.7 or 9.1. All such deposits described above with respect to a Collection Period shall be made in immediately available funds no later than 5:00 p.m., New York City time, on the Business Day preceding the Distribution Date following such Collection Period.

Appears in 1 contract

Samples: Sale and Servicing Agreement (CarMax Auto Owner Trust 2009-1)

Additional Deposits. The Depositor Seller and the Servicer ------------------- shall deposit or cause to be deposited in the Collection Account the aggregate Purchase Amount with respect to Purchased Receivables pursuant to Sections Section 2.4, 3.7 or 9.1. All such deposits described above with respect to a Collection Period shall be made in immediately available funds no later than 5:00 p.m., New York City time, on the Business Day preceding the Distribution Date following such Collection Period.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC)

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