Common use of Allotments Clause in Contracts

Allotments. Servicer shall have been notified at the time of loan boarding if an Obligor will be subject to military allotment processing. If Servicer has not received an allotment verification on a designated allotment account within 60 days of any subsequent allotment establishment and the designated Obligor's account is greater than 45 days delinquent, Servicer shall request Seller's authorization to repossess pursuant to Section I.A.3.b of this Schedule A.

Appears in 4 contracts

Samples: Master Servicing Agreement (Aegis Consumer Funding Group Inc), Master Servicing Agreement (Aegis Consumer Funding Group Inc), Servicing Agreement (Aegis Consumer Funding Group Inc)

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