Common use of Limitation of Allowable Prepayments Clause in Contracts

Limitation of Allowable Prepayments. The Servicer shall not accept any Prepayment unless the amount received in connection therewith is at least equal to the related Prepayment Amount as of such date, or, if less, unless the Servicer makes a non-recoverable deposit to the Series 2002-A Facility Account in the amount of any shortfall (which non-recoverable deposit shall be a “Collection” with respect to the Series 2002-A Trust Estate).

Appears in 1 contract

Samples: Backed Financing Facility Agreement (Marlin Business Services Corp)

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Limitation of Allowable Prepayments. The Servicer shall not accept any Prepayment unless the amount received in connection therewith is at least equal to the related Prepayment Amount as of such date, or, if less, unless the Servicer makes a non-recoverable deposit to the Series 20022000-A Facility Account in the amount of any shortfall (which non-recoverable deposit shall be a “Collection” with respect to the Series 20022000-A Trust Estate).

Appears in 1 contract

Samples: Financing Facility Agreement (Marlin Business Services Corp)

Limitation of Allowable Prepayments. The Servicer shall not accept any Prepayment unless the amount received in connection therewith is at least equal to the related Prepayment Amount as of such date, or, if less, unless the Servicer makes a non-recoverable deposit to the Series 2002-A Master Facility Account in the amount of any shortfall (which non-recoverable deposit shall be a "Collection" with respect to the Series 2002-A Trust Estate).

Appears in 1 contract

Samples: Financing Facility Agreement (Marlin Business Services Inc)

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Limitation of Allowable Prepayments. The Servicer shall not accept any Prepayment unless the amount received in connection therewith is at least equal to the related Prepayment Amount as of such date, or, if less, unless the Servicer makes a non-recoverable deposit to the Series 2002-A Master Facility Account in the amount of any shortfall (which non-recoverable deposit shall be a "Collection" with respect to the Series 20022000-A Trust Estate).

Appears in 1 contract

Samples: Agreement (Marlin Business Services Inc)

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