Pre-Closing Collections. Within two (2) Business Days after the Closing Date the Seller shall transfer to the account or accounts designated by Ally Auto (or by the Issuing Entity under the Further Transfer Agreements) all collections on the Receivables held by the Seller on the Closing Date, and conveyed to Ally Auto pursuant to Section 2.01.
Pre-Closing Collections. Within two (2) Business Days after the Initial Closing Date and each Subsequent Closing Date, the Seller shall transfer to the account or accounts designated by XXXX (or by the Issuing Entity under the Further Transfer and Servicing Agreements) all collections on the Receivables held by the Seller on the Initial Closing Date or Subsequent Closing Date, as applicable, and conveyed to XXXX pursuant to Section 2.01; provided that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.
Pre-Closing Collections. Within two Business Days after each Purchase Date, NFC shall transfer to the account or accounts designated by NFRRC (or by the Subsequent Transferee under the Further Transfer and Servicing Agreements) all collections (from whatever source) on or with respect to the Designated Receivables and the Related Security conveyed by NFC to NFRRC on such Purchase Date pursuant to Section 2.01.
Pre-Closing Collections. Within two Business Days after the Closing Date, GMAC shall transfer to the account or accounts designated by XXXX (or by the Issuer under the Further Transfer and Servicing Agreements) all collections on the Receivables held by GMAC on the Closing Date and conveyed to XXXX pursuant to Section 2.01; provided that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date.
Pre-Closing Collections. Within two Business Days after the Closing Date, the Seller shall transfer to the account or accounts designated by ACOLT all ACOLT Collections with respect to the Lease Assets conveyed to ACOLT on such Closing Date pursuant to Section 2.01 that are held by the Seller on such Closing Date; provided, however, that so long as the Monthly Remittance Condition is satisfied, such ACOLT Collections need not be transferred until the first Distribution Date occurring after the Closing Date.
Pre-Closing Collections. Within two Business Days after the Initial Closing Date, GMAC shall deliver to the Purchaser all collections on the Receivables in the Accounts in the Pool of Accounts held by GMAC on the Initial Closing Date to the extent such collections would be required to be on deposit on such date if this Agreement and the Trust Sale and Servicing Agreement had been in effect from and after the Initial Cut-Off Date and the Revolving Period had commenced on such date. The Purchaser hereby directs GMAC to deposit such amount on its behalf into the Collection Account.
Pre-Closing Collections. Within two (2) Business Days after the [Initial] Closing Date [and each Subsequent Closing Date,] the Seller shall transfer to the account or accounts designated by Ally Auto (or by the Issuing Entity under the Further Transfer Agreements) all collections on the Receivables held by the Seller on the [Initial] Closing Date [or Subsequent Closing Date, as applicable], and conveyed to Ally Auto pursuant to Section 2.01[; provided that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Distribution Date].
Pre-Closing Collections. Within two Business Days after each Lease Purchase Date, Harco Leasing shall transfer to the Indenture Trustee for deposit in the Collection Account all collections (from whatever source) on or with respect to the related Designated Retail Leases and Related Titling Trust Assets held by Harco Leasing on such Lease Purchase Date and conveyed to NFC pursuant to Section 2.01 or 2.02.
Pre-Closing Collections. Within two Business Days after the Closing Date, NFC shall transfer to the account or accounts designated by NFRRC (or by the Issuer under the Further Transfer and Servicing Agreements) all collections (from whatever source) on or with respect to the Designated Receivables and the Related Security.
Pre-Closing Collections. Within two Business Days after the Initial Closing Date, the Original Seller shall deliver to the Purchaser all collections on the Receivables in the Accounts in the Pool of Accounts held by the Original Seller on the Initial Closing Date to the extent such collections would be required to be on deposit on such date if this Agreement and the Trust Sale and Servicing Agreement had been in effect from and after the Initial Cut-Off Date and the Revolving Period had commenced on such date. The Purchaser hereby directs the Original Seller to deposit such amount on its behalf into the Collection Account.
