Common use of Collection Procedures Clause in Contracts

Collection Procedures. The collection practices utilized by any person servicing the Receivable in seeking payment under the documentation evidencing such Receivable have been in accordance with the Collection Policy and in all respects legal, proper, prudent and customary in the automobile loan servicing business.

Appears in 6 contracts

Samples: Transfer and Assignment Agreement (Capital One Auto Receivables LLC), Transfer and Assignment Agreement (Capital One Auto Receivables Trust 2001-B), Transfer and Assignment Agreement (Capital One Auto Finance Trust 2002-A)

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Collection Procedures. The collection practices utilized by any person Person servicing the Receivable in seeking payment under the documentation evidencing such Receivable have been in accordance with the Collection Policy Seller's collection policies and are in all respects legal, proper, prudent legal and customary in the automobile loan servicing business.

Appears in 1 contract

Samples: Transfer and Assignment Agreement (Western Fidelity Funding Inc)

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