Common use of Collection of the Collateral Clause in Contracts

Collection of the Collateral. The Collateral Agent shall have the right to collect all proceeds of the Collateral, to pay all expenses of such collection, including the reasonable expenses and compensation of the Collateral Agent, its agents and attorneys, and to apply the remainder of the moneys so received as provided herein.

Appears in 16 contracts

Samples: Insurance, Indemnity and Pledge Agreement (WFS Receivables Corp), Indemnity and Pledge Agreement (WFS Receivables Corp), Indemnity and Pledge Agreement (WFS Financial Auto Loans Inc)

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Collection of the Collateral. The Master Collateral Agent shall have the right to collect all proceeds of the Collateral, to pay all expenses of such collection, including the reasonable expenses and compensation of the Master Collateral Agent, its agents and attorneys, and to apply the remainder of the moneys so received as provided herein.

Appears in 5 contracts

Samples: Master Collateral Assignment Agreement (Westcorp /Ca/), Master Collateral Assignment Agreement (Westcorp /Ca/), Master Collateral Assignment Agreement (Westcorp /Ca/)

Collection of the Collateral. The Collateral Agent shall have the right to collect all proceeds of the Collateral, to pay all expenses of such collection, including 55 the reasonable expenses and compensation of the Collateral Agent, its agents and attorneys, and to apply the remainder of the moneys so received as provided herein.

Appears in 1 contract

Samples: Indemnity and Pledge Agreement (WFS Financial 1997-a Owners Trust)

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Collection of the Collateral. The Collateral Agent shall have the right to collect all proceeds of the Collateral, to pay all expenses of such collection, including the reasonable expenses and compensation of the Collateral Agent, its agents and attorneys, and to apply the remainder of the moneys so received as provided herein.including

Appears in 1 contract

Samples: Insurance, Indemnity and Pledge Agreement (WFS Financial 1997-B Owner Trust)

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