{"component": "clause", "props": {"groups": [{"size": 15, "snippet_links": [{"key": "change-in", "type": "clause", "offset": [61, 70]}, {"key": "the-collection-agent", "type": "clause", "offset": [86, 106]}, {"key": "the-receivables", "type": "clause", "offset": [130, 145]}], "samples": [{"hash": "8LJ1gWZasUF", "uri": "/contracts/8LJ1gWZasUF#collections-and-servicing", "label": "Transfer and Administration Agreement (Fresenius Medical Care AG & Co. KGaA)", "score": 34.3497604381, "published": true}, {"hash": "3kZLa9BZQg6", "uri": "/contracts/3kZLa9BZQg6#collections-and-servicing", "label": "Transfer and Administration Agreement (Fresenius Medical Care AG & Co. KGaA)", "score": 34.3497604381, "published": true}, {"hash": "3gbfOzli0LE", "uri": "/contracts/3gbfOzli0LE#collections-and-servicing", "label": "Transfer and Administration Agreement (Fresenius Medical Care AG & Co. KGaA)", "score": 34.3497604381, "published": true}], "snippet": "Since September 30, 2012, there has been no material adverse change in the ability of the Collection Agent to service and collect the Receivables.", "hash": "7a80e4aecc6363081f16d2006a1f3e69", "id": 1}, {"size": 11, "snippet_links": [{"key": "change-in", "type": "clause", "offset": [56, 65]}, {"key": "the-collection-agent", "type": "clause", "offset": [81, 101]}, {"key": "to-the-extent", "type": "clause", "offset": [103, 116]}, {"key": "the-seller", "type": "clause", "offset": [123, 133]}, {"key": "the-transferor", "type": "clause", "offset": [135, 149]}, {"key": "affiliate-of", "type": "definition", "offset": [171, 183]}, {"key": "the-foregoing", "type": "definition", "offset": [191, 204]}, {"key": "the-receivables", "type": "clause", "offset": [229, 244]}], "samples": [{"hash": "9NyEylV9guP", "uri": "/contracts/9NyEylV9guP#collections-and-servicing", "label": "Transfer and Administration Agreement (Fresenius National Medical Care Holdings Inc)", "score": 18.0, "published": true}, {"hash": "3PpH3Y0HMCF", "uri": "/contracts/3PpH3Y0HMCF#collections-and-servicing", "label": "Transfer and Administration Agreement (Fresenius Medical Care Holdings Inc /Ny/)", "score": 18.0, "published": true}, {"hash": "1guzryupz2r", "uri": "/contracts/1guzryupz2r#collections-and-servicing", "label": "Transfer and Administration Agreement (Fresenius Medical Care Holdings Inc /Ny/)", "score": 18.0, "published": true}], "snippet": "Since July 10, 1997, there has been no material adverse change in the ability of the Collection Agent (to the extent it is the Seller, the Transferor or any Subsidiary or Affiliate of any of the foregoing) to service and collect the Receivables.", "hash": "76ceeabc779ff426a85832ee1815c9ca", "id": 2}, {"size": 7, "snippet_links": [{"key": "change-in", "type": "clause", "offset": [56, 65]}, {"key": "tech-data", "type": "definition", "offset": [81, 90]}, {"key": "the-receivables", "type": "clause", "offset": [114, 129]}], "samples": [{"hash": "guDs5Fipefk", "uri": "/contracts/guDs5Fipefk#collections-and-servicing", "label": "Transfer and Administration Agreement (Tech Data Corp)", "score": 23.2176591376, "published": true}, {"hash": "8seP9prgZMP", "uri": "/contracts/8seP9prgZMP#collections-and-servicing", "label": "Transfer and Administration Agreement (Tech Data Corp)", "score": 21.9144421629, "published": true}, {"hash": "lRW8c65s1zx", "uri": "/contracts/lRW8c65s1zx#collections-and-servicing", "label": "Transfer and Administration Agreement (Tech Data Corp)", "score": 21.0, "published": true}], "snippet": "Since March 30, 2000 there has been no material adverse change in the ability of Tech Data to service and collect the Receivables.", "hash": "e9194920dd559b43862e8c7b9d0e859e", "id": 3}, {"size": 6, "snippet_links": [{"key": "since-december", "type": "clause", "offset": [0, 14]}, {"key": "change-in", "type": "clause", "offset": [60, 69]}, {"key": "servicer-to-service", "type": "clause", "offset": [89, 108]}, {"key": "the-loans", "type": "clause", "offset": [121, 130]}], "samples": [{"hash": "6Gya6wn17fo", "uri": "/contracts/6Gya6wn17fo#collections-and-servicing", "label": "Sale and Contribution Agreement (Credit Acceptance Corp)", "score": 24.2580424367, "published": true}], "snippet": "Since December 31, 2012, there has been no material adverse change in the ability of the Servicer to service and collect the Loans.", "hash": "6bd2ea01315d5692b4cae40bad7b894c", "id": 4}, {"size": 5, "snippet_links": [{"key": "change-in", "type": "clause", "offset": [60, 69]}, {"key": "the-collection-agent", "type": "clause", "offset": [85, 105]}, {"key": "to-the-extent", "type": "clause", "offset": [107, 120]}, {"key": "the-seller", "type": "clause", "offset": [127, 137]}, {"key": "parent-group-member", "type": "definition", "offset": [151, 170]}, {"key": "the-receivables", "type": "clause", "offset": [195, 210]}], "samples": [{"hash": "d2ntAjf4q9Z", "uri": "/contracts/d2ntAjf4q9Z#collections-and-servicing", "label": "Receivables Purchase Agreement (Fresenius Medical Care AG & Co. KGaA)", "score": 21.0, "published": true}, {"hash": "4AcFV8mnLaE", "uri": "/contracts/4AcFV8mnLaE#collections-and-servicing", "label": "Receivables Purchase Agreement (Fresenius Medical Care AG & Co. KGaA)", "score": 21.0, "published": true}], "snippet": "Since September 1, 2008, there has been no material adverse change in the ability of the Collection Agent (to the extent it is the Seller or any other Parent Group Member) to service and collect the Receivables.", "hash": "328f636a392b049c61e9194548742dd5", "id": 5}, {"size": 5, "snippet_links": [{"key": "change-in", "type": "clause", "offset": [54, 63]}, {"key": "servicer-to-service", "type": "clause", "offset": [83, 102]}, {"key": "no-material-adverse-change-has-occurred", "type": "clause", "offset": [137, 176]}, {"key": "collections-of-receivables", "type": "clause", "offset": [200, 226]}], "samples": [{"hash": "jYHRwxsQm14", "uri": "/contracts/jYHRwxsQm14#collections-and-servicing", "label": "Certificate Purchase Agreement (Proffitts Inc)", "score": 18.0, "published": true}], "snippet": "Since May 9, 1997, there has been no material adverse change in the ability of the Servicer to service and collect the Re- ceivables and no material adverse change has occurred in the overall rate of collections of Receivables.", "hash": "5d3c49863750e6953534caa592362299", "id": 6}, {"size": 5, "snippet_links": [{"key": "change-in", "type": "clause", "offset": [57, 66]}, {"key": "servicer-to-service", "type": "clause", "offset": [86, 105]}, {"key": "the-loans", "type": "clause", "offset": [118, 127]}], "samples": [{"hash": "7NwLO9WLIXY", "uri": "/contracts/7NwLO9WLIXY#collections-and-servicing", "label": "Sale and Contribution Agreement (Credit Acceptance Corp)", "score": 32.5728952772, "published": true}], "snippet": "Since April 30, 2021, there has been no material adverse change in the ability of the Servicer to service and collect the Loans.", "hash": "beb66216618edec4521feeef18846f5f", "id": 7}, {"size": 3, "snippet_links": [{"key": "change-in", "type": "clause", "offset": [58, 67]}, {"key": "servicer-to-service", "type": "clause", "offset": [87, 106]}, {"key": "the-receivables", "type": "clause", "offset": [119, 134]}], "samples": [{"hash": "5PPzyrGhMjx", "uri": "/contracts/5PPzyrGhMjx#collections-and-servicing", "label": "Transfer and Administration Agreement (Wackenhut Corp)", "score": 18.0, "published": true}, {"hash": "4hkema14Rhz", "uri": "/contracts/4hkema14Rhz#collections-and-servicing", "label": "Transfer and Administration Agreement (Wackenhut Corp)", "score": 18.0, "published": true}, {"hash": "2KntCY8y18l", "uri": "/contracts/2KntCY8y18l#collections-and-servicing", "label": "Transfer and Administration Agreement (Wackenhut Corp)", "score": 18.0, "published": true}], "snippet": "Since January 5, 1995, there has been no material adverse change in the ability of the Servicer to service and collect the Receivables.", "hash": "3bf3c151f807cc8e13186e189e641192", "id": 8}, {"size": 3, "snippet_links": [{"key": "since-the-closing-date", "type": "clause", "offset": [0, 22]}, {"key": "change-in", "type": "clause", "offset": [59, 68]}, {"key": "agent-hereunder", "type": "clause", "offset": [103, 118]}, {"key": "the-receivables", "type": "clause", "offset": [143, 158]}, {"key": "the-collection-agent", "type": "clause", "offset": [221, 241]}, {"key": "the-collateral-agent", "type": "clause", "offset": [245, 265]}, {"key": "the-secured-parties", "type": "clause", "offset": [267, 286]}, {"key": "representation-and-warranty", "type": "definition", "offset": [315, 342]}], "samples": [{"hash": "hfkfcV5HDqi", "uri": "/contracts/hfkfcV5HDqi#collections-and-servicing", "label": "Security Agreement (Union Acceptance Corp)", "score": 18.0, "published": true}, {"hash": "g9qStOwZRkH", "uri": "/contracts/g9qStOwZRkH#collections-and-servicing", "label": "Security Agreement (Union Acceptance Corp)", "score": 18.0, "published": true}, {"hash": "2afT3MNkN3m", "uri": "/contracts/2afT3MNkN3m#collections-and-servicing", "label": "Security Agreement (Union Acceptance Corp)", "score": 18.0, "published": true}], "snippet": "Since the Closing Date, there has been no material adverse change in the ability of UAC, as Collection Agent hereunder, to service and collect the Receivables. Any document, instrument, certificate or notice delivered by the Collection Agent to the Collateral Agent, the Secured Parties hereunder shall be deemed a representation and warranty by the Collection Agent.", "hash": "5d9524f83e2ae6c703f3387bb1591915", "id": 9}, {"size": 3, "snippet_links": [{"key": "change-in", "type": "clause", "offset": [38, 47]}, {"key": "the-collection-agent", "type": "clause", "offset": [67, 87]}, {"key": "the-receivables", "type": "clause", "offset": [138, 153]}, {"key": "could-reasonably-be-expected-to", "type": "definition", "offset": [223, 254]}, {"key": "material-adverse-effect", "type": "definition", "offset": [267, 290]}], "samples": [{"hash": "a4Tdwb0OXRG", "uri": "/contracts/a4Tdwb0OXRG#collections-and-servicing", "label": "Receivables Transfer Agreement (Nalco Global Holdings LLC)", "score": 19.0, "published": true}], "snippet": "Since May 21, 2004, there has been no change in (i) the ability of the Collection Agent to perform its obligations to service and collect the Receivables or (ii) the collectibility of the Receivables, in either case, which could reasonably be expected to result in a Material Adverse Effect.", "hash": "b14a7d7f06f577af576312df48f1f3c2", "id": 10}], "next_curs": "CmISXGoVc35sYXdpbnNpZGVyY29udHJhY3Rzcj4LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IiJjb2xsZWN0aW9ucy1hbmQtc2VydmljaW5nIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"title": "Collections and Servicing", "size": 91, "parents": [["representations-and-warranties", "Representations and Warranties"], ["representations-and-warranties-of-the-transferor", "Representations and Warranties of the Transferor"], ["representations-and-warranties-of-the-collection-agent", "Representations and Warranties of the Collection Agent"], ["representations-and-warranties-of-the-servicer", "Representations and Warranties of the Servicer"], ["sellers-representations-and-warranties", "Seller's Representations and Warranties"]], "children": [["insurance-notice-of-loss", "Insurance; Notice of Loss"], ["books-and-records", "Books and Records"], ["termination-of-servicing-agency", "Termination of Servicing Agency"], ["servicing-agency-holding-of-buyers-contracts", "Servicing Agency; Holding of Buyers' Contracts"], ["sellers-obligations-to-obligors", "Sellers' Obligations to Obligors"]], "id": "collections-and-servicing", "related": [["administration-and-servicing", "Administration and Servicing", "Administration and Servicing"], ["administration-and-servicing-of-contracts", "Administration and Servicing of Contracts", "Administration and Servicing of Contracts"], ["administration-and-servicing-of-receivables", "Administration and Servicing of Receivables", "Administration and Servicing of Receivables"], ["pooling-and-servicing-agreement", "Pooling and Servicing Agreement", "Pooling and Servicing Agreement"], ["administration-and-servicing-of-the-mortgage-loans", "ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS", "ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS"]], "related_snippets": [], "updated": "2025-07-07T12:37:39+00:00", "also_ask": [], "drafting_tip": "", "explanation": "The \"Collections and Servicing\" clause defines the responsibilities and procedures for collecting payments and managing accounts under an agreement. It typically outlines how payments from customers or borrowers are to be received, processed, and applied, and may specify the party responsible for ongoing account administration, such as handling delinquencies or customer inquiries. This clause ensures that there is a clear process for managing receivables and servicing obligations, thereby reducing confusion and mitigating the risk of mismanagement or disputes over payment handling."}, "json": true, "cursor": ""}}