Common use of Taxes and other Amounts Clause in Contracts

Taxes and other Amounts. To the extent provided for in any Contract in the Asset Pool, the Servicer will use its best efforts to collect all payments with respect to amounts due for taxes, assessments and insurance premiums relating to such Contracts or the Equipment and remit such amounts to the appropriate Governmental Authority or insurer on or prior to the date such payments are due.

Appears in 5 contracts

Samples: Receivables Purchase Agreement (Fidelity Leasing Inc), Receivables Purchase Agreement (Resource America Inc), Receivables Purchase Agreement (Fidelity Leasing Inc)

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Taxes and other Amounts. To the extent provided for in any Contract Loan included in the Asset Pool, the Servicer will use its best efforts to collect all payments with respect to amounts due for taxes, assessments and insurance premiums relating to such Contracts Loans or the Equipment Related Property and remit such amounts to the appropriate Governmental Authority or insurer on or prior to the date such payments are due.

Appears in 3 contracts

Samples: Loan Purchase and Servicing Agreement (First International Bancorp Inc), Purchase and Servicing Agreement (First International Bancorp Inc), Purchase and Servicing Agreement (First International Bancorp Inc)

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Taxes and other Amounts. To the extent provided for in any ----------------------- Contract in the Asset Pool, the Servicer will use its best efforts to collect all payments with respect to amounts due for taxes, assessments and insurance premiums relating to such Contracts or the Equipment and remit such amounts to the appropriate Governmental Authority or insurer on or prior to the date such payments are due.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Bankvest Capital Corp)

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