Common use of Application of Collections Clause in Contracts

Application of Collections. (a) With respect to each Receivable, all collections for the Collection Period shall be applied in accordance with the Servicer’s Servicing Procedures.

Appears in 93 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2012-B), Sale and Servicing Agreement (CNH Equipment Trust 2018-A), Sale and Servicing Agreement (CNH Equipment Trust 2015-C)

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Application of Collections. (a) With respect to each Receivable, all collections for the Collection Period shall be applied in accordance with the Servicer’s Servicing Procedurescustomary procedures.

Appears in 7 contracts

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2006-A), Sale and Servicing Agreement (CNH Equipment Trust 2006-B), Sale and Servicing Agreement (CNH Capital Receivables LLC)

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