Common use of Collection Efforts; Modification of Contracts Clause in Contracts

Collection Efforts; Modification of Contracts. (a) The Servicer will make reasonable efforts to collect all payments called for under the terms and provisions of the Contracts in the Contracts Pool as and when the same become due, and will follow those collection procedures which it follows with respect to all comparable contracts that it services for itself or others.

Appears in 5 contracts

Samples: Transfer and Servicing Agreement (Orix Credit Alliance Receivables Trust 2000-A), Transfer and Servicing Agreement (Orix Credit Alliance Receivables Trust 1999-A), Sale and Servicing Agreement (Heller Funding Corp Ii)

AutoNDA by SimpleDocs

Collection Efforts; Modification of Contracts. (a) The Servicer will make reasonable efforts to collect all payments called for under the terms and provisions of the Contracts in the Contracts Contract Pool as and when the same become due, and will follow those collection procedures which it follows with respect to all comparable contracts that it services for itself or others.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Fidelity Leasing Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.