Common use of Covenants of the Collection Agent Clause in Contracts

Covenants of the Collection Agent. At all times from the date hereof to the date on which all Commitments have been terminated, the Net Investment has been reduced to zero, and all accrued Discount, Fees, Servicing Fees and all other Aggregate Unpaids have been paid in full in cash:

Appears in 1 contract

Sources: Receivables Transfer Agreement (Trimas Corp)

Covenants of the Collection Agent. At all times from the date hereof to the date on which all Commitments have been terminated, the Aggregate Net Investment has been reduced to zero, and all accrued Discount, Fees, Servicing Fees and all other Aggregate Unpaids have been paid in full in cash:

Appears in 1 contract

Sources: Receivables Transfer Agreement (Trimas Corp)