Initial Deposits. On the initial Funding Date and on each Addition Date thereafter, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received after the applicable Cut-Off Date and through and including the initial Funding Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such date.
Appears in 8 contracts
Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)
Initial Deposits. On the initial each Funding Date and on each Addition Date thereafterDate, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received on and after the applicable Cut-Off Date and through and including the initial day that is two days immediately preceding such Funding Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such dateLoans.
Appears in 8 contracts
Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)
Initial Deposits. On the initial Funding Date and on each Addition Date thereafterDate, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received on and after the applicable Cut-Off Date and through and including the initial day immediately preceding the Funding Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such dateLoans.
Appears in 7 contracts
Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corporation)
Initial Deposits. On the initial Funding Date and on each Addition Date thereafterDate, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received on and after the applicable Cut-Off Date and through and including the initial day that is two days immediately preceding the Funding Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such dateLoans.
Appears in 4 contracts
Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)
Initial Deposits. On the initial each Funding Date and on each Addition Date thereafterDate, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received on and after the applicable Cut-Off Cut‑Off Date and through and including the initial day that is two days immediately preceding such Funding Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such dateLoans.
Appears in 2 contracts
Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)
Initial Deposits. On the initial each Funding Date and on each Addition Date thereafterwhich Collateral is contributed, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received on and after the applicable Cut-Off Date and through and including the initial day that is two days immediately preceding such Funding Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such dateLoans.
Appears in 2 contracts
Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)
Initial Deposits. On the initial each Funding Date and on each Addition Date thereafterwhich Collateral is contributed, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received on and after the applicable Cut-Off Cut‑Off Date and through and including the initial day that is two days immediately preceding such Funding Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such dateLoans.
Appears in 1 contract
Samples: Loan and Security Agreement (Credit Acceptance Corp)
Initial Deposits. On the initial each Funding Date and on each Addition Date thereafterDate, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received on and after the applicable Cut-Off Date and through and including the initial day immediately preceding such Funding Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such dateLoans.
Appears in 1 contract
Samples: Loan and Security Agreement (Credit Acceptance Corp)
Initial Deposits. On the initial Funding Date and on each Addition Date thereafterDate, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received on and after 47 the applicable Cut-Off Date and through and including the initial day that is two days immediately preceding the Funding Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such dateLoans.
Appears in 1 contract
Samples: Loan and Security Agreement (Credit Acceptance Corp)
Initial Deposits. On the initial Funding Date and on each Addition Date thereafterDate, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received after the applicable Cut-Off Date and through and including the initial Funding Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such dateLoans.
Appears in 1 contract
Samples: Loan and Security Agreement (Credit Acceptance Corporation)
Initial Deposits. On the initial each Funding Date and on each Addition Date thereafterwhich Collateral is contributed, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received on and after the applicable Cut-Off Date and through and including the initial day that is two (2) days immediately preceding such Funding Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such dateLoans.
Appears in 1 contract
Samples: Loan and Security Agreement (Credit Acceptance Corp)