Application of Collections. On each Payment Date, all collections for the related Collection Period shall be applied by the Servicer as follows:
Appears in 234 contracts
Samples: Sale and Servicing Agreement (Honda Auto Receivables 2015-1 Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2016-1 Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2018-4 Owner Trust)