Common use of Net Deposits Clause in Contracts

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections on a daily basis pursuant to the first sentence of Section 4.2, the Depositor and the Servicer may make any remittance pursuant to this Article IV with respect to a Collection Period net of distributions or reimbursements to be made to the Depositor or the Servicer with respect to such Collection Period; provided, however, that such obligations shall remain separate obligations, no party shall have a right of offset and each such party shall account for all of the above described remittances and distributions as if the amounts were deposited and/or transferred separately.

Net Deposits. As an administrative convenienceconvenience only, unless the Servicer is required to remit collections on a daily basis pursuant to the first sentence of Section 4.24.2(a), the Depositor Seller and the Servicer may make any remittance pursuant to this Article IV with respect to a Collection Period net of distributions or reimbursements to be made to the Depositor Seller or the Servicer with respect to such Collection Period; provided. Nonetheless, however, that such obligations shall remain separate obligations, no party shall have a right of offset offset, and each such party shall account for all of the above described remittances and distributions as if the amounts were deposited and/or transferred separately.

Net Deposits. As an administrative convenience, unless the Servicer is required to remit collections on a daily basis pursuant to the first sentence of Section 4.2, the Depositor and the Servicer may make any remittance pursuant to this Article IV with respect to a Collection Period net of distributions or reimbursements to be made to the Depositor or the Servicer with respect to such Collection Period; provided, however, that such obligations shall remain separate obligations, no party shall have a right of offset and each such party shall account for all of the above described remittances and distributions as if the amounts were deposited and/or transferred separately.

Net Deposits. As an administrative convenienceconvenience only, unless the Servicer is required to remit collections on a daily basis pursuant to the first sentence of Section 4.2, the Depositor Seller and the Servicer may make any remittance pursuant to this Article IV with respect to a Collection Period net of distributions or reimbursements to be made to the Depositor Seller or the Servicer with respect to such Collection Period; provided. Nonetheless, however, that such obligations shall remain separate obligations, no party shall have a right of offset offset, and each such party shall account for all of the above described remittances and distributions as if the amounts were deposited and/or transferred separately.

Net Deposits. As an administrative convenienceconvenience only, unless the Servicer is required to remit collections on a daily basis pursuant to the first sentence of Section 4.2, the Depositor Seller and the Servicer may make any remittance pursuant to this Article IV with respect to a Collection Period net of distributions or reimbursements to be made to the Depositor Seller or the Servicer with respect to such Collection Period; provided. Nonetheless, however, that such obligations shall remain separate obligations, no party shall have a right of offset offset, and each such party shall account for all of the above described remittances and distributions as if the amounts were deposited and/or transferred separately.

Net Deposits. As an administrative convenience, unless the ------------ Servicer is required to remit collections on a daily basis pursuant to the first sentence of Section 4.2, the Depositor and the Servicer may make any remittance pursuant to this Article IV with respect to a Collection Period net of distributions or reimbursements to be made to the Depositor or the Servicer with respect to such Collection Period; provided, however, that such obligations shall remain -------- ------- separate obligations, no party shall have a right of offset and each such party shall account for all of the above described remittances and distributions as if the amounts were deposited and/or transferred separately.

Net Deposits. As an administrative convenience, unless ------------ the Servicer is required to remit collections on a daily basis pursuant to the first sentence of Section 4.2, the Depositor and the Servicer may make any remittance pursuant to this Article IV with respect to a Collection Period net of distributions or reimbursements to be made to the Depositor or the Servicer with respect to such Collection Period; provided, however, that such obligations shall remain -------- ------- separate obligations, no party shall have a right of offset and each such party shall account for all of the above described remittances and distributions as if the amounts were deposited and/or transferred separately.