Collection Agents definition

Collection Agents means solicitors or other agents of our choice and “Collection Agent” shall be construed accordingly;
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Collection Agents means all of them;
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Collection Agents means a person or entity that has been appointed to receive payments from clients on your behalf;
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Examples of Collection Agents in a sentence

  • Any such subcontract shall not affect the Collection Agent's liability for performance of its duties and obligations pursuant to the terms hereof.

  • The Collection Agent's authorization under this Agreement shall terminate, after the Facility Termination Date, upon receipt by each Owner of an Eligible Asset of an amount equal to the Capital plus accrued Yield for such Eligible Asset plus all other amounts owed to the Agent, each Owner and the Seller and (unless otherwise agreed by the Agent and the Collection Agent) the Collection Agent under this Agreement.

  • Servicer shall maintain, at its own expense, “Errors and Omissions” insurance, with broad coverage on all officers, employees or other persons under Servicer’s direct control and excluding any Subcontractors and Collection Agents, acting in any capacity requiring such Persons to handle funds, money, documents or papers relating to the Loans (“Servicer Employees”).

  • Any such subcontract shall not affect the Collection Agent's liability for performance of its duties and obligations pursuant to the terms hereof, and any such subcontract shall terminate upon designation of a successor Collection Agent.

  • The Collection Agent's authorization under this Agreement shall terminate on the Collection Date.

  • Any such subcontract or delegation shall not affect the Collection Agent's liability for performance of its duties and obligations pursuant to the terms hereof.

  • Furthermore, the Contractor may, without the consent of the Municipality, permit any of its authorized agents listed on the Contractor’s published “Directory of Company Authorized Collection Agents and Company Offices”, for example, a bank or a savings and loan, to accept payments from Customers on behalf of the Contractor.

  • Unless otherwise required by applicable law, rule or regulation or by court order or process, the Seller and the Collection Agent agree to maintain the confidentiality of this Agreement (and all drafts thereof) in communications with third parties and otherwise; provided, that this Agreement may be disclosed to the Seller's and the Collection Agent's legal counsel and auditors if they agree to hold it confidential.

  • The Collection Agent's authorization under this Agreement shall terminate, after the Facility Termination Date for the Eligible Assets, upon receipt by each Owner of an Eligible Asset of an amount equal to the Capital plus accrued Yield for such Eligible Asset plus all other amounts owed to the Agent, each Owner and the Seller and (unless otherwise agreed by the Agent and the Collection Agent) the Collection Agent under this Agreement.

  • Servicer shall maintain, at its own expense, a fidelity bond and “Errors and Omissions” insurance, with broad coverage on all officers, employees or other persons under Servicer’s direct control and excluding any Subcontractors and Collection Agents, acting in any capacity requiring such Persons to handle funds, money, documents or papers relating to the Loans (“Servicer Employees”).


More Definitions of Collection Agents

Collection Agents shall have the meaning given to it in clause 6.8.1
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Collection Agents shall have the meaning given to it in Clause 6.8.1; "Commercially Sensitive Information" means the information notified by the Supplier to the Customer in writing (prior to the Commencement of this Contract) which has been clearly marked as commercially sensitive information comprising information of a commercially sensitive nature relating to the Supplier, its IPR or its business or which the Supplier has indicated to the Customer that, if disclosed by the Customer, would cause the Supplier significant commercial disadvantage or material financial loss;
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Related to Collection Agents

  • Collection Agent means at any time the Person then authorized pursuant to Section 6.01 to service, administer and collect Transferred Receivables.

  • Collection Agent Fee has the meaning specified in Section 6.03.

  • Prepetition Agent means the Postpetition Lender as Administrative Agent under the Prepetition Credit Agreement.

  • Verification Agent As defined in Section 3.28.

  • Collection agency means a person that is directly engaged in collecting or attempting to collect a claim owed or due or asserted to be owed or due another, or repossessing or attempting to repossess a thing of value owed or due or asserted to be owed or due another person, arising out of an expressed or implied agreement. Collection agency includes an individual who, in the course of collecting, repossessing, or attempting to collect or repossess, represents himself or herself as a collection or repossession agency, or a person that performs collection activities that are regulated under article 9 of the occupational code, 1980 PA 299, MCL 339.901 to 339.920. Collection agency includes a person that furnishes or attempts to furnish a form or a written demand service that is represented to be a collection or repossession technique, device, or system to be used to collect or repossess claims, if the form contains the name of a person other than the creditor in a manner that indicates that a request or demand for payment is being made by a person other than the creditor even though the form directs the debtor to make payment directly to the creditor rather than to the other person whose name appears on the form. Collection agency includes a person that uses a fictitious name or the name of another in the collection or repossession of claims to convey to the debtor that a third person is collecting or repossessing or has been employed to collect or repossess the claim.