Duties of Master Servicer. (a) The Master Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy.
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Samples: Receivables Purchase Agreement (Ralcorp Holdings Inc /Mo), Credit and Security Agreement (Louisiana Pacific Corp), Receivables Purchase Agreement (Thomas & Betts Corp)
Duties of Master Servicer. (a) The Master Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, in Master Servicer’s good faith business judgment, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection PolicyPolicy of each respective Originator.
Appears in 2 contracts
Samples: Credit and Security Agreement (Tempur Sealy International, Inc.), Credit and Security Agreement (Tempur Sealy International, Inc.)
Duties of Master Servicer. (a) The Master Servicer shall take or cause to be taken all such actions action as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy.,
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