Originator Collection Accounts and Originator Specified Accounts Clause Samples

Originator Collection Accounts and Originator Specified Accounts. Each Originator shall take all actions required pursuant to Section 6.2(w) of the Receivables Purchase Agreement to (i) ensure that each of the Originator Collection Accounts and Originator Specified Accounts continue to constitute “deposit accounts” within the meaning of the applicable UCC and (ii) permit the Administrative Agent to have “control” (as defined in Section 9-104 of the UCC) over the Originator Collection Accounts. Each Originator shall take all actions necessary to permit the Servicer to apply Collections in accordance with Sections 3.1(d) and 8.6 of the Receivables Purchase Agreement.