PAYMENTS FROM BUYER Sample Clauses

PAYMENTS FROM BUYER. After purchase of a Contract by NationsCredit, Dealer shall forward to NationsCredit any payments on the Contract received by Dealer. In the event such payment is made by check or other instrument payable to Dealer, Dealer shall endorse such check or other instrument to NationsCredit. Dealer shall not make any payment in respect of any Contract on behalf of any Buyer without the prior written consent of NationsCredit.
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PAYMENTS FROM BUYER. Should any payment be made to Dealer under a Contract sold to SCUSA, Dealer shall receive such payment in trust and shall remit it to SCUSA immediately in the form received for credit to such Contract.
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PAYMENTS FROM BUYER. Dealer shall instruct the Buyer to remit all payments due under a Purchased Contract to Avid or its designee, without set-off, claim or deduction. If Dealer receives any payment from any Buyer pursuant to a Purchased Contract or Ancillary Product assigned to Avid which should have been paid to Avid, Dealer shall immediately remit such payment to Avid, and in no event later than the close of the following business day.
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PAYMENTS FROM BUYER. Should any payment be made to Dealer under a Contract sold to MBG, Dealer shall receive such payment in trust and shall remit it to MBG immediately in the form received for credit to such Contract.
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PAYMENTS FROM BUYER. Should any payment be made to Dealer under a Contract sold to ABT Keystone, Dealer shall receive such payment in trust and shall remit it to ABT Keystone immediately in the form received for credit to such Contract. ABT Keystone shall have the sole right to make collections on all Contracts or collect all payments due on all Loans and Dealer shall not solicit or make any collections or repossessions with respect to any Contract sold to ABT Keystone or any Loans made by ABT Keystone, as applicable, nor accept the return of, nor make any substitution of, any of the subject matter of such Contracts or Vehicle purchased pursuant to such Loans. Dealer shall hold in trust and promptly forward to ABT Keystone all communications and remittances received in reference to said Contract or Loans, as applicable.
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PAYMENTS FROM BUYER. (S). Should any payment be made to Dealer under a Contract sold to MDA, Dealer shall receive such payment in trust and shall remit same to MDA promptly in the form received for credit to such Contract.
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PAYMENTS FROM BUYER. If Dealer receives any payment under an Assigned Contract, Dealer shall receive such payment in trust and shall remit it to CustomFin Auto immediately in the form received for credit to such Assigned Contract. CustomFin Auto shall have the sole right to make collections on all Assigned Contracts, and Dealer shall not solicit or make any collections or repossessions with respect to any Assigned Contract, nor accept the return of, nor make any substitution of, any of the Assigned Vehicles purchased pursuant to an Assigned Contract. Additionally, Dealer shall hold in trust and promptly forward to CustomFin Auto all communications received in reference to any Assigned Contracts.
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Related to PAYMENTS FROM BUYER

  • Payments from the Gross Settlement Amount The Administrator will make and deduct the following payments from the Gross Settlement Amount, in the amounts specified by the Court in the Final Approval:

  • Rollovers of Settlement Payments From Bankrupt Airlines If you are a qualified airline employee who has received a qualified airline settlement payment from a commercial airline carrier under the approval of an order of a federal bankruptcy court in a case filed after September 11, 2001, and before January 1, 2007, you are allowed to roll over any portion of the proceeds into your Xxxx XXX within 180 days after receipt of such amount, or by a later date if extended by federal law. For further detailed information and effective dates you may obtain IRS Publication 590-A, Contributions to Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

  • Payments from Available Funds Only All payments to be made by the Borrower under this Agreement shall be made only from the amounts that constitute Scheduled Payments, Special Payments and other payments under the Operative Agreements, including payment under Section 4.02 of the Participation Agreements and payments under Section 2.14 of the Indentures, and only to the extent that the Borrower shall have sufficient income or proceeds therefrom to enable the Borrower to make payments in accordance with the terms hereof after giving effect to the priority of payments provisions set forth in the Intercreditor Agreement. The Liquidity Provider agrees that it will look solely to such amounts to the extent available for distribution to it as provided in the Intercreditor Agreement and this Agreement and that the Borrower, in its individual capacity, is not personally liable to it for any amounts payable or liability under this Agreement except as expressly provided in this Agreement, the Intercreditor Agreement or any Participation Agreement. Amounts on deposit in the Class A Cash Collateral Account shall be available to the Borrower to make payments under this Agreement only to the extent and for the purposes expressly contemplated in Section 3.05(f) of the Intercreditor Agreement.

  • Mortgage Payments Received After Transfer Date The amount of any related Monthly Payments received by the Seller after the related Transfer Date shall be forwarded to the Purchaser by overnight mail within one (1) Business Day following the date of receipt. The Seller shall notify the Purchaser of the particulars of the payment, which notification requirement shall be satisfied if the Seller forwards with its payment sufficient information to permit appropriate processing of the payment by the Purchaser. The Seller shall assume full responsibility for the necessary and appropriate legal application of such Monthly Payments received by the Seller after the related Transfer Date with respect to related Mortgage Loans then in foreclosure or bankruptcy; provided, for purposes of this Agreement, necessary and appropriate legal application of such Monthly Payments shall include, but not be limited to, endorsement of a Monthly Payment to the Purchaser with the particulars of the payment such as the account number, dollar amount, date received and any special Mortgagor application instructions and the Seller shall comply with the foregoing requirements with respect to all Monthly Payments received by it after the related Transfer Date.

  • Payments Due on Non-Business Days Anything in this Agreement or the Notes to the contrary notwithstanding, any payment of principal of or Make-Whole Amount or interest on any Note that is due on a date other than a Business Day shall be made on the next succeeding Business Day without including the additional days elapsed in the computation of the interest payable on such next succeeding Business Day.

  • Payments Due on Non-Business Day If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.

  • Distributions Payable in Shares In the event that the Board of the Investment Company shall declare a distribution payable in Shares, the Investment Company shall deliver to FTIS written notice of such declaration signed on behalf of the Investment Company by an officer thereof, upon which FTIS shall be entitled to rely for all purposes, certifying (i) the number of Shares involved, and (ii) that all appropriate action has been taken to effect such distribution.

  • Distribution of Financial Contribution The financial contribution of the Funding Authority to the Project shall be distributed by the Coordinator according to: - the Consortium Plan - the approval of reports by the Funding Authority, and - the provisions of payment in Section 7.3. A Party shall be funded only for its tasks carried out in accordance with the Consortium Plan.

  • Payments from Paying Agent Account The Escrow Agent hereby irrevocably instructs the Paying Agent, and the Paying Agent agrees to act, as follows:

  • Payments Free of Deductions (a) Unless required by applicable law, all payments made by the Borrower under this Agreement shall be made free and clear of, and without reduction for or on account of, any present or future stamp or other taxes, levies, imposts, duties, charges, fees, deductions, withholdings, restrictions or conditions of any nature whatsoever now or hereafter imposed on, levied, collected, withheld or assessed, excluding Excluded Taxes (such non-excluded taxes being referred to herein, collectively, as “Non-Excluded Taxes” and each, individually, as a “Non-Excluded Tax”). If any Non-Excluded Taxes are required to be withheld from any amounts payable to the Liquidity Provider under this Agreement, (i) the Borrower shall within the time prescribed therefor by applicable law pay to the appropriate governmental or taxing authority the full amount of any such Non-Excluded Taxes (and any additional Non-Excluded Taxes in respect of the additional amounts payable under clause (ii) hereof) and make such reports or returns in connection therewith at the time or times and in the manner prescribed by applicable law, and (ii) the amounts so payable to the Liquidity Provider shall be increased to the extent necessary to yield to the Liquidity Provider (after payment of all Non-Excluded Taxes) interest or any other such amounts payable under this Agreement at the rates or in the amounts specified in this Agreement. The Liquidity Provider agrees to use reasonable efforts (consistent with its internal policy and legal and regulatory restrictions) to change the jurisdiction of its Facility Office if making such change would avoid the need for, or reduce the amount of, any such additional amounts that may thereafter accrue and would not, in the reasonable judgment of the Liquidity Provider, be otherwise disadvantageous to the Liquidity Provider. From time to time upon the reasonable request of the Borrower, the Liquidity Provider agrees to provide to the Borrower two original Internal Revenue Service Forms W-8BEN-E, W-8ECI or W-9, as appropriate, or any successor or other form prescribed by the Internal Revenue Service, certifying that the Liquidity Provider is exempt from or entitled to a reduced rate of United States withholding tax on payments pursuant to this Agreement. Within 30 days after the date of each payment hereunder, the Borrower shall furnish to the Liquidity Provider the original or a certified copy of (or other documentary evidence of) the payment of the Non-Excluded Taxes applicable to such payment.

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