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Common use of Collections and Servicing Clause in Contracts

Collections and Servicing. Since January 5, 1995, there has been no material adverse change in the ability of the Servicer to service and collect the Receivables.

Appears in 3 contracts

Sources: Transfer and Administration Agreement (Wackenhut Corp), Transfer and Administration Agreement (Wackenhut Corp), Transfer and Administration Agreement (Wackenhut Corp)

Parent Clauses

  • Representations and Warranties
  • Representations and Warranties of the Transferor
  • Representations and Warranties of the Collection Agent
  • Representations and Warranties of the Servicer
  • Seller's Representations and Warranties

Sub-Clauses

  • Insurance; Notice of Loss
  • Books and Records
  • Termination of Servicing Agency
  • Servicing Agency; Holding of Buyers' Contracts
  • Sellers' Obligations to Obligors
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