Delivery of Collections or Recoveries. In the event that the Seller receives any collections or recoveries relating to the Receivables, the Seller agrees to pay to the Company (or to the Servicer if the Company so directs) all such amounts as soon as practicable after receipt thereof.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Bond Securitization LLC), Receivables Purchase Agreement (Bond Securitization LLC), Receivables Purchase Agreement (Gs Mortgage Securities Corp)
Delivery of Collections or Recoveries. In the event that the Seller receives any collections Collections or recoveries relating to the ReceivablesRecoveries, the Seller agrees to pay to the Company Purchaser (or to the Servicer if the Company Purchaser so directs) all such amounts Collections and Recoveries as soon as practicable after receipt thereof but in no event later than two Business Days after the Date of Processing thereof.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Nordstrom Inc), Receivables Purchase Agreement (Nordstrom Credit Inc), Receivables Purchase Agreement (Nordstrom Inc)
Delivery of Collections or Recoveries. In the event that the Seller receives any collections Collections or recoveries relating to the ReceivablesRecoveries, the Seller agrees to pay to the Company [ ] (or to the Servicer if the Company [ ] so directs) all such Collections and Recoveries to the extent such amounts are payable to [ ] as soon as practicable after receipt thereof.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Goldman Sachs Asset Backed Securities Corp), Receivables Purchase Agreement (Gs Mortgage Securities Corp)
Delivery of Collections or Recoveries. In the event that the Seller receives any collections Collections or recoveries relating to the ReceivablesRecoveries, the Seller agrees to pay to the Company (or to the Servicer if the Company so directs) all such amounts Collections and Recoveries as soon as practicable after receipt thereof.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Household Affinity Funding Corp)
Delivery of Collections or Recoveries. In the event that the Seller is not the Servicer and receives any collections Collections or recoveries relating to the ReceivablesRecoveries, the Seller agrees to pay to the Company Purchaser (or to the Servicer if the Company Purchaser so directs) all such amounts Collections and Recoveries as soon as practicable after receipt thereof.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Signet Jewelers LTD)
