OBLIGATIONS TO TRANSFER CERTAIN COLLECTIONS. The Company shall cause the Servicer to pay to the Issuer, by deposit into the Collection Account within two (2) business days after receipt thereof, any and all payments and other amounts (other than Purchase Option Payments, any Excluded Amounts and any other payments not included in the determination of Discounted Contract Balance with respect to the related Contract as such Balance is set forth in the related Contract Schedule), if any, received by or on behalf of the Company in respect of any Equipment owned by the Transferor following or as a result of any default or early termination under the related Contract.
Appears in 3 contracts
Samples: Subsequent Contract Transfer Agreement (Dvi Receivables Corp Viii), Subsequent Contract Transfer Agreement (Dvi Receivables Corp Viii), Subsequent Contract Transfer Agreement (Dvi Receivables Corp Viii)
