Common use of Post Office Boxes Clause in Contracts

Post Office Boxes. The Sub-Servicer shall establish and maintain the Depository Accounts. The Sub-Servicer shall establish and maintain the Post-Office Boxes at United States Post Office branches. In the event the Sub-Servicer shall for any reason no longer be acting as such, the outgoing Sub-Servicer shall, at the expense of the outgoing Sub-Servicer, deliver to the successor Sub-Servicer all documents and records relating to the Depository Accounts and an accounting of amounts collected and held by the Depository Banks and shall otherwise, in a manner not inconsistent with the Master Agency Agreement, if applicable, use its best efforts to effect the orderly and efficient transfer of any funds in the Depository Accounts to the successor Sub-Servicer. The Servicer, at its expense in a manner not inconsistent with the Master Agency Agreement, if applicable, shall cause the Depository Banks to deliver, at the direction of the Purchaser or the successor Depository Banks, all documents and records relating to the Receivables and all amounts held (or thereafter received) by the Depository Banks with respect to the Receivables (together with an accounting of such amounts) and shall otherwise, in a manner not inconsistent with the Master Agency Agreement, if applicable, use its best efforts to effect the orderly and efficient transfer of the depository arrangements, and the Sub-Servicer shall cooperate to facilitate such change.

Appears in 2 contracts

Sources: Sale and Servicing Agreement, Sale and Servicing Agreement (DriveTime Automotive, Inc.)