Common use of Servicing and Collection Practices Clause in Contracts

Servicing and Collection Practices. The servicing and collection practices used with respect to such Receivable have been consistent with the Servicer's servicing and collection policies and procedures as in effect since the date of the origination of such Receivable through the date of the Purchase Agreement, and thereafter, the Servicer has serviced the Receivables in accordance with the Servicing Standard (as defined in the Purchase Agreement).

Servicing and Collection Practices. The servicing and collection practices used with respect to such Receivable have been consistent with the Servicer's servicing and collection policies and procedures as in effect since the date of the origination of such Receivable through the closing date of the Purchase Agreement, and thereafter, the Servicer has serviced the Receivables in accordance with the Servicing Standard (as defined in the Purchase Agreement).