Common use of Misdirected Payments; EOB’s Clause in Contracts

Misdirected Payments; EOB’s. (a) In the event that any Borrower receives a Misdirected Payment in the form of a check, such Borrower shall immediately send such Misdirected Payment, in the form received by such Borrower, by overnight delivery service to the appropriate Lender Lockbox or Borrower Lockbox, as the case may be, together with the envelope in which such payment was received. In the event a Borrower receives a Misdirected Payment in the form of cash or wire transfer, such Borrower shall immediately wire transfer the amount of such Misdirected Payment directly to a Lender Lockbox Account. All Misdirected Payments shall be sent promptly upon receipt thereof, and in no event later than the close of business, on the first Business Day after receipt thereof.

Misdirected Payments; EOB’s. (a) In the event that If any Borrower Provider receives an EOB or a Misdirected Payment in the form of a check, such Borrower Provider shall immediately send or deposit such Misdirected Payment, in the form received by such BorrowerProvider, by hand or overnight delivery service to the appropriate Lender Lockbox Primary Borrower Account or Borrower Lockboxthe applicable Provider Account, as the case may be, together with the EOB and the envelope in which such payment was received. In the event a Borrower that any Provider receives a Misdirected Payment in the form of cash or wire transfer, such Borrower Provider shall immediately wire transfer the amount of such Misdirected Payment directly to a Lender Lockbox the Primary Borrower Account. All Misdirected Payments and EOB’s shall be sent promptly upon receipt thereof, and in no event later than the close of business, on the first Business Day after receipt thereof.

Misdirected Payments; EOB’s. (a) In the event that If any Borrower Provider receives an EOB or a Misdirected Payment in the form of a check, such Borrower Provider shall immediately send or deposit such Misdirected Payment, in the form received by such BorrowerProvider, by hand or overnight delivery service to the appropriate Lender Lockbox a Borrower Account or Borrower Government Lockbox, as the case may be, together with the EOB and the envelope in which such payment was received. In the event a Borrower that any Provider receives a Misdirected Payment in the form of cash or wire transfer, such Borrower Provider shall immediately wire transfer the amount of such Misdirected Payment directly to a Lender Lockbox the Primary Borrower Account. All Misdirected Payments and EOB’s shall be sent promptly upon receipt thereof, and in no event later than the close of business, on the first Business Day after receipt thereof.

Misdirected Payments; EOB’s. (a) In the event that any Borrower a Provider receives an EOB or a Misdirected Payment in the form of a check, such Borrower Provider shall immediately send such Misdirected Payment, in the form received by such Borrower, Payment by overnight delivery service to the appropriate Lender Purchaser Lockbox or Borrower Provider Lockbox, as the case may be, together with the EOB and the envelope in which such payment was received. In the event a Borrower Provider receives a Misdirected Payment in the form of cash or wire transfer, such Borrower Provider shall immediately wire transfer the amount of such Misdirected Payment directly to a Lender into the Purchaser Lockbox Account. All Misdirected Payments and EOB's shall be sent promptly upon receipt thereof, and in no event later than the close of business, on the first Business Day after receipt thereof.