Common use of Application of Collections Clause in Contracts

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or required by Applicable Law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) or the Administrative Agent, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or required by Applicable Law applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative AgentAdministrator) or the Administrative AgentAdministrator, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness amount owed by it to any the Originator shall, except as otherwise specified by such Obligor or required by Applicable Law applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative AgentAdministrator) or the Administrative AgentAdministrator, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or required by Applicable Law applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative AgentAdministrator) or the Administrative AgentAdministrator, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with applied in order from the oldest outstanding Receivable or Receivablesto the newest outstanding Receivable) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or required by Applicable Law contract or applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative AgentAdministrator) or the Administrative AgentAdministrator, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or Obligor, required by Applicable Law and unless otherwise instructed by the a Servicer (with the prior written consent of the Administrative Agent) or the Administrative Agent, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator in connection with a Purchased Receivable shall, except as otherwise specified by such Obligor or required by Applicable Law applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative AgentAdministrator) or the Administrative AgentAdministrator, be applied as a Collection of any such Purchased Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or Obligor, required by Applicable Law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) or the Administrative Agent, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or required by Applicable Law applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) or the Administrative Agent, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or otherwise required by Applicable Law contract or law and unless otherwise instructed by the Servicer Company (with or any other Person to whom the prior written consent of the Administrative Agent) or the Administrative AgentCompany has assigned such right to instruct), be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or required by Applicable Law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) or the Administrative Agent, be applied as a Collection collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any the Sub-Originator shall, except as otherwise specified by such Obligor or required by Applicable Law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) or the Administrative Agent, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting in accordance with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such ObligorCredit and Collection Policy.

Application of Collections. Any Unless Buyer instructs otherwise, any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified in writing by such Obligor (whether before or after receipt of such payment), or required by Applicable Law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) related Contracts or the Administrative AgentLaw, be applied applied, first, as a Collection of any Receivable or Receivables then outstanding of such Obligor to Obligor, with such Receivables being paid in the extent order of any amounts then due and payable thereunder (such application to be made the oldest first, starting with the oldest outstanding Receivable or Receivables) before being applied of such Receivables and, second, to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or required by Applicable Law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) or the Administrative Agent, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.. SECTION 7.5

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any an Originator shall, except as otherwise specified by such Obligor or required by Applicable Law applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) or the Administrative AgentServicer, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with applied in order from the oldest outstanding Receivable or Receivablesto the newest outstanding Receivable) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or required by Applicable Law applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) or the Administrative Agent, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with applied in order from the oldest outstanding Receivable or Receivablesto the newest outstanding Receivable) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor Obligor, required under the related contract with respect to such indebtedness, or required by Applicable Law applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) or the Administrative Agent, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with applied in order from the oldest outstanding Receivable or Receivablesto the newest outstanding Receivable) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness amount owed by it to any Originator shall, except as otherwise specified by such Obligor or otherwise required by Applicable Law contract or applicable law and unless otherwise instructed by the Servicer Company (or any other Person to whom the Company has assigned such right to instruct) (with the prior written consent of the Administrative AgentAdministrator) or the Administrative AgentAdministrator, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator Seller shall, except as otherwise specified by such Obligor or required by Applicable Law applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative AgentAdministrator) or the Administrative AgentAdministrator, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or required by Applicable Law and unless otherwise instructed by the Master Servicer (with the prior written consent of the Administrative Agent) or the Administrative Agent, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shallshall be, except as otherwise specified by such Obligor or otherwise required by Applicable Law contract or law and unless otherwise instructed by the Servicer Buyer (with or any other Person to whom the prior written consent of the Administrative AgentBuyer has assigned such right to instruct) or the Administrative Agent, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness account owed by it to any the Originator shall, except as otherwise specified by such Obligor or otherwise required by Applicable Law contract or law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) Company or the Administrative AgentAdministrator, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness account of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it with respect to any Receivable or otherwise owed by it to Originator shall, except as otherwise specified by such Obligor (including by reference to a particular invoice), or required by Applicable Law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) related contracts or the Administrative Agentlaw, be applied applied, first, as a Collection of any Receivable or Receivables then outstanding of such Obligor to in the extent order of any amounts then due and payable thereunder (the age of such application to be made Receivables, starting with the oldest outstanding Receivable or of such Receivables) before being applied , and, second, to any other indebtedness of such ObligorObligor to Originator.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or otherwise required by Applicable Law contract or law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) AFC or the Administrative Agent, be Purchase and Sale Agreement - 21 applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any thesuch Originator shall, except as otherwise specified by such Obligor or required by Applicable Law applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative AgentAdministrator) or the Administrative AgentAdministrator, be applied as a Collection of 740816958 17540157 20 any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness amount owed by it to any the Originator shall, except as otherwise specified by such Obligor or required by Applicable Law applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) Company or the Administrative AgentAdministrator, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or required by Applicable Law applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) Administrator), or the Administrative AgentAdministrator, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or required by Applicable Law applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative AgentAdministrator) or the Administrative AgentAdministrator, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.Receivable

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any an Originator shall, except as otherwise specified by such Obligor or required by Applicable applicable Law and unless otherwise instructed by the Master Servicer (with the prior written consent of the Administrative AgentRegions Bank) or the Administrative AgentRegions Bank, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or Obligor, required by Applicable Law and unless otherwise instructed by the a Servicer (with the prior written consent of the Administrative Agent) or the Administrative Agent, be applied in accordance with the Credit and Collection Policy and customary practices and, if not otherwise determinable, as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligorsuch.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or required by Applicable Law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) or the Administrative Agent, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting in accordance with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such ObligorCredit and Collection Policy.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or otherwise required by Applicable Law contract or law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) Company or the Administrative AgentAdministrator, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any the Originator shall, except as otherwise specified by such Obligor or required by Applicable Law applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative AgentAdministrator) or the Administrative AgentAdministrator, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any such Sub-Originator shall, except as otherwise specified by such Obligor or required by Applicable Law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) or the Administrative Agent, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or required by Applicable applicable Law and unless otherwise instructed by the Master Servicer (with the prior written consent of the Administrative Agent) or the Administrative Agent, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness amount owed by it to any Originator shall, except as otherwise specified by such Obligor or required by Applicable Law applicable law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative AgentAdministrator) or the Administrative AgentAdministrator, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator shall, except as otherwise specified by such Obligor or otherwise required by Applicable Law contract or law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) AFC or the Administrative Agent, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any Originator or the Transferor shall, except as otherwise specified by such Obligor or required by Applicable Law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative AgentAdministrator) or the Administrative AgentAdministrator, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any -------------------------- indebtedness owed by it to any the Originator shall, except as otherwise specified by such Obligor or otherwise required by Applicable Law contract or law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) Company or the Administrative AgentAdministrator, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any the Originator shall, except as otherwise specified by such Obligor or required by Applicable Law and unless otherwise instructed by the Servicer (with the prior written consent of the Administrative Agent) or the Administrative Agent, be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.

Application of Collections. Any payment by an Obligor in respect of any indebtedness owed by it to any the Originator shall, except as otherwise specified by such Obligor or otherwise required by Applicable Law contract or law and unless otherwise instructed by the Servicer Company (with or any other Person to whom the prior written consent of the Administrative Agent) or the Administrative AgentCompany has assigned such right to instruct), be applied as a Collection of any Receivable or Receivables of such Obligor to the extent of any amounts then due and payable thereunder (such application to be made starting with the oldest outstanding Receivable or Receivables) before being applied to any other indebtedness of such Obligor.