Application of Collections – Revolving Period. On each Settlement Date, the Servicer shall apply, to the extent of funds then available in the Collection Account, the Total Distribution Amount for such Settlement Date in the following order of priority:
Appears in 3 contracts
Samples: Loan and Servicing Agreement (SNAP-ON Inc), Loan and Servicing Agreement (SNAP-ON Inc), Loan and Servicing Agreement (SNAP-ON Inc)
Application of Collections – Revolving Period. On each Settlement Date, the Servicer shall apply, to the extent of funds then available in the Collection Account, apply the Total Distribution Amount for such Settlement Date in the following order of priority:
Appears in 3 contracts
Samples: Loan and Servicing Agreement (Harley Davidson Inc), Loan and Servicing Agreement (Harley Davidson Inc), Loan and Servicing Agreement (Harley Davidson Inc)