Servicing and Collections Sample Clauses

Servicing and Collections. We may contact you If we need to contact you to service your account or to collect amounts you owe, you authorize us (and our affiliates, agents and contractors, such as debt collection agencies and service providers) to contact you at any phone number or email address you provide, from which you contact us, or at which we believe we can reach you. We may contact you in any way, such as calling, texting, emailing, sending mobile application push notifications or using any other method of communication permitted by law. We may contact you using an automated dialer or prerecorded messages. We may contact you on a mobile, wireless or similar device, even if you are charged for it. Call monitoring We may monitor and record any calls between you and us. About insurance products We or our affiliates may tell you about insurance and non-insurance products, services or features that may have a fee. One of our affiliates may act on behalf of a provider of these products. The affiliate may be compensated for this. The insurance products are not offered or sold by us or on our behalf. Our affiliates may get additional compensation when AMEX Assurance Company or another affiliate is the insurer or reinsurer. Compensation may influence what products and providers we or our affiliates tell you about. We may share information about you with our affiliates so they can identify products that may interest you. We may be compensated for this information. How we handle electronic debits from your checking account When you pay us by check, you authorize us to electronically deduct the amount from your bank or other asset account. We may process the check electronically by transmitting to your financial institution: • the amount, • the routing number, • the account number, and Privacy Act of 1974 notice • the check serial number. If we do this, your payment may be deducted from your bank or other asset account on the same day we receive your check. Also, you will not receive that cancelled check with your bank or asset account billing statement. If we cannot collect the funds electronically, we may issue a draft against your bank or other asset account for the amount of the check. Some federal agencies may accept the card under authority of statute. When you make charges at these agencies, we collect certain charge information. That information may be put to routine uses, such as processing, billing and collections. It may also be aggregated for reporting, analysis and marketin...
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Servicing and Collections. Buyer will perform all servicing functions with respect to the Loans purchased prior to the Effectiveness Date from the Effectiveness Date and with respect to the Loans purchased on and after the Effectiveness Date from their respective Closing Dates hereunder, all in compliance with all applicable laws. Each of United Resources and United Grocers agrees that if Buyer so requests, it will cooperate with Buyer in communicating with Obligors and assisting Buyer in collecting on delinquent and Defaulted Loans.
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Servicing and Collections. Finance shall undertake, at its sole cost and expense, all servicing of, and to collect all monthly payments to be made by a Customer under, any Financing Transaction represented by Finance Documents accepted by Finance. Dealer hereby authorizes Finance to notify any Customer of Finance's acceptance of the Financing Transaction and the related Finance Documents and to direct the Customer to make all payments under the Financing Transaction to Finance. Dealer shall not accept any payments from Customers in connection with any Financing Transaction (other than down payments in the case of Loans or RICs), and shall direct such payments to be made to Finance. Any such payments received by Dealer shall be deemed to be held in trust by Dealer for the benefit of Finance and shall be remitted to Finance in the exact form received except for any necessary endorsements. Dealer hereby constitutes Finance or anyone designated by Finance as Dealer's attorney-in-fact to endorse or otherwise negotiate any instruments or documents representing such payments in the name of Dealer, and the foregoing shall be a power coupled with an interest and shall not be revocable by Dealer. After acceptance by Finance, Dealer shall not take any action to collect any amounts due pursuant to Financing Transaction, repossess or, without Finance's consent, accept any return of, any Product in connection with any Financing Transaction, or bring any lawsuit by or on behalf or in the name of Finance (or Finance's Designated Affiliate, if applicable) with respect to any Financing Transaction.
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Servicing and Collections. (a) Bank shall perform in compliance with Applicable Law (and shall bear all costs, including any increases in costs over the Term) all functions necessary to administer and service the Accounts, including but not limited to: application processing, DM 121931.18 Stage Stores/WFNB CONFIDENTIAL Amended and Restated PLCCPA making all necessary credit related decisions and investigations; notifying Applicants in writing of acceptance or rejection of credit under the Plan; delivery of Credit Cards, authorization and settlement of Purchases, preparing and delivering Billing Statements; making collections; handling Cardholder inquiries; and processing payments.
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Servicing and Collections. SECTION 5.01 Servicing and Collections................................. 42 SECTION 5.02 Documentation and Servicing; Maintenance of System and Lien Priority......................................... 42 SECTION 5.03 Lockboxes................................................. 43 SECTION 5.04 Payment of Guaranty Fees; Anticipated Payments and Other Amounts............................................. 43 SECTION 5.05
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Servicing and Collections. The Servicer shall at all times service all MH Loans included in the Pledged MH Loans. Servicer shall have the sole responsibility for collecting the scheduled principal and interest payments on each MH Loan. The obligation to collect the amounts due under the MH Loans shall include but not be limited to exercising due diligence, in a prudent businesslike manner, to enforce the terms of the MH Loan, and repossess and liquidate collateral under defaulted MH Loans consistent with the customary servicing practices of Servicer with the intent of minimizing losses under such MH Loans. In connection with the payoff of an MH Loan or the repossession and/or liquidation of collateral securing an MH Loan, Servicer shall have the right to execute and complete such paperwork and take such other actions as customarily performed in connection with such payoffs, repossessions and/or liquidations, as applicable, including the release of security interests in collateral in the related Home(s) for MH Loans that are paid in full and/or liquidated.
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Servicing and Collections. Except as otherwise provided in this Section 4.2 and in Article VIII, the Borrowers shall continue to service the Loan Support Leases and to collect, at their own expense, all amounts due or to become due any Borrower under the Loan Support Leases and all other Collateral. In connection with such collections, the Borrowers may take such action as the Borrowers may deem necessary or advisable to enforce collection of the Loan Support Leases and such other Collateral; provided, however, that the Lender shall have the right at any time after the occurrence and during the continuation of an Event of Default to direct the Lessees under any Loan Support Leases or obligors with respect to such other Collateral to make payment of all amounts due or to become due to any Borrower thereunder directly to the Lender and, upon such notification and at the expense of the Borrowers, to enforce collection of any such Loan Support Leases or other Collateral, and to adjust, settle or compromise the amount or payment thereof in the same manner and to the same extent as any Borrower might have done, but unless and until the Lender does so or gives the Borrowers other instructions, the Borrowers shall make all collections. After the occurrence and during the continuation of an Event of Default, all full and partial payments on any Collateral received by any Borrower shall immediately be delivered by such Borrower to the Lender in their original form, except for endorsement where necessary, to be applied in accordance with Section 8.4; and until such payments are so delivered to the Lender, such payments shall be held in trust by such Borrower for and as the Lender's property and shall not be commingled with any funds of such Borrower. The Lender shall apply all such collections toward the payment of Obligations in such order as the Lender may elect; provided, however, that any application is conditioned upon final payment of any check or other instrument.
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Servicing and Collections 
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Related to Servicing and Collections

  • Administration and Collections Section 4.1. Appointment of the Servicer ............................ 11 Section 4.2. Duties of the Servicer ................................. 12 Section 4.3. Lock-Box Arrangements .................................. 13 Section 4.4. Enforcement Rights ..................................... 14 Section 4.5. Responsibilities of the Seller ......................... 14 Section 4.6. Servicing Fee .......................................... 15

  • Billing and Collection The Originating party shall xxxx and collect such information service charges and shall remit the amounts collected to the Terminating Party less:

  • Administration and Collection SECTION 6.01.

  • Subservicing Accounts In those cases where a Subservicer is servicing a Mortgage Loan pursuant to a Subservicing Agreement, the Subservicer will be required to establish and maintain one or more accounts (collectively, the "Subservicing Account"). The Subservicing Account shall be an Eligible Account and shall otherwise be acceptable to the Servicer. The Subservicer shall deposit in the clearing account (which account must be an Eligible Account) in which it customarily deposits payments and collections on mortgage loans in connection with its mortgage loan servicing activities on a daily basis, and in no event more than one Business Day after the Subservicer's receipt thereof, all proceeds of Mortgage Loans received by the Subservicer less its servicing compensation to the extent permitted by the Subservicing Agreement, and shall thereafter deposit such amounts in the Subservicing Account, in no event more than two Business Days after the deposit of such funds into the clearing account. The Subservicer shall thereafter deposit such proceeds in the Collection Account or remit such proceeds to the Servicer for deposit in the Collection Account not later than two Business Days after the deposit of such amounts in the Subservicing Account. For purposes of this Agreement, the Servicer shall be deemed to have received payments on the Mortgage Loans when the Subservicer receives such payments.

  • Sub-Servicing Accounts In those cases where a Sub-Servicer is servicing a Mortgage Loan pursuant to a Sub-Servicing Agreement, the related Sub-Servicer will be required to establish and maintain one or more accounts (each such account or accounts, a “Sub-Servicing Account”). Each Sub-Servicing Account shall be an Eligible Account. Each Sub-Servicer shall deposit in the clearing account (which account must be an Eligible Account) in which it customarily deposits payments and collections on mortgage loans in connection with its mortgage loan servicing activities on a daily basis, and in no event more than one Business Day after such Sub-Servicer’s receipt thereof, all proceeds of the related Mortgage Loans received by such Sub-Servicer less its servicing compensation to the extent permitted by the related Sub-Servicing Agreement, and shall thereafter deposit such amounts in the related Sub-Servicing Account, in no event more than two Business Days after the deposit of such funds into the clearing account. Each Sub-Servicer shall thereafter deposit such proceeds in the Collection Account or remit such proceeds to the Servicer for deposit in the Collection Account not later than two Business Days after the deposit of such amounts in the related Sub-Servicing Account. For purposes of this Agreement, the Servicer shall be deemed to have received payments on the related Mortgage Loans when the related Sub-Servicer receives such payments.

  • Administration and Servicing of Receivables SECTION 4.1

  • ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS Section 3.01 The Master Servicer to act as Master Servicer.

  • Administration and Servicing of Contracts 43 SECTION 3.01

  • Pooling and Servicing Agreement (1) Capitalized terms used in this Agreement that are not defined herein and are defined in the Pooling and Servicing Agreement shall have the respective meanings assigned to them in the Pooling and Servicing Agreement.

  • Master Servicer Collection Account (a) The Master Servicer shall establish and maintain in the name of the Trustee, for the benefit of the Certificateholders, the Master Servicer Collection Account as a segregated trust account or accounts. The Master Servicer Collection Account shall be an Eligible Account. The Master Servicer will deposit in the Master Servicer Collection Account as identified by the Master Servicer and as received by the Master Servicer, the following amounts:

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