Collection Records definition

Collection Records means all manually prepared or computer generated records relating to collection efforts or payment histories with respect to the Receivables.
Collection Records. All manually prepared or computer generated records relating to collection efforts or payment histories with respect to the Receivables.
Collection Records means, with respect to any Receivable, all Invoices and all other documents, books, records and other information (including, without limitation, computer programs, tapes, disks, punch cards, data processing software and related property and rights) relating to amounts paid on or owing in respect of such Receivable.

Examples of Collection Records in a sentence

  • In addition, upon the occurrence of a Servicer Termination Event the Servicer shall, if so requested by the Controlling Party, deliver to the Backup Servicer or any replacement Servicer its Collection Records and its Monthly Records within 15 days after demand therefor and a computer tape containing as of the close of business on the date of demand all of the data maintained by the Servicer in computer format in connection with servicing the Receivables.

  • In addition, upon the occurrence of a Servicer Termination Event the Servicer shall, if so requested by the Controlling Party, deliver to the Backup Servicer its Collection Records and its Monthly Records within 15 days after demand therefor and a computer tape containing as of the close of business on the date of demand all of the data maintained by the Servicer in computer format in connection with servicing the Receivables.

  • In addition, upon the occurrence of a Servicer Termination Event the Servicer shall, if so requested by the Controlling Party, deliver to the Backup Servicer or any successor Servicer its Collection Records and its Monthly Records within 15 days after demand therefor and a computer tape containing as of the close of business on the date of demand all of the data maintained by the Servicer in computer format in connection with servicing the Receivables.

  • In addition, the Servicer shall, if so requested by the Security Insurer (unless an Insurer Default shall have occurred and be continuing) deliver to the Backup Servicer its Collection Records and its Monthly Records within one Business Day of demand therefor and a computer tape containing as of the close of business on the date of demand all of the data maintained by the Servicer in computer format in connection with servicing the Receivables.

  • In addition, upon the occurrence of a Servicer Termination Event the Servicer shall, if so requested by the Controlling Party deliver to the Backup Servicer its Collection Records and its Monthly Records within 15 days after demand therefor and a computer tape containing as of the close of business on the date of demand all of the data maintained by the Servicer in computer format in connection with servicing the Receivables.

  • In addition, upon the occurrence of a Servicer Termination Event the Servicer shall, if so requested by the Administrative Agent, deliver to the Backup Servicer its Collection Records and its Monthly Records within 5 Business Days after demand therefor and a computer tape, or other electronic transmission acceptable to the Backup Servicer, containing as of the close of business on the date of demand all of the data maintained by the Servicer in computer format in connection with servicing the Receivables.

  • The successor Servicer shall have no liability to the Noteholders, the Trustee, the Security Insurer, or to any other person, for any Losses arising out of or resulting from delays of the terminated Servicer or Custodian in transmitting Receivable Files, Monthly Records or Collection Records, to the successor Servicer, or for any other Losses incurred in the Servicing transition.

  • In addition, the Servicer shall, if so requested by the Backup Servicer, deliver to the Backup Servicer its Collection Records and its monthly records promptly after demand thereof, and a computer tape containing as of the close of business on the date of demand all of the data maintained by the Servicer in computer format in connection with servicing the Receivables.

  • The Agreement and all determinations made and actions taken thereunder, to the extent not otherwise governed by the laws of the United States, shall be governed by the laws of the State of Delaware (without regard to the principles of conflicts of laws which might otherwise apply) and shall be construed accordingly.

  • In addition, upon the occurrence of a Servicer Termination Event the Servicer shall, if so requested by the Majority Noteholders, deliver to the Backup Servicer its Collection Records and its Monthly Records within 15 days after demand therefor and a computer tape containing as of the close of business on the date of demand all of the data maintained by the Servicer in computer format in connection with servicing the Receivables.


More Definitions of Collection Records

Collection Records. All manually prepared or computer generated records relating to collection efforts or payment histories with respect to the Contracts. Contract File: The documents, electronic entries, instruments and writings listed in Section 2.2 pertaining to a particular Contract.
Collection Records. Computer generated records relating to collection efforts, payment histories and account activity with respect to the Contracts.
Collection Records. All manually prepared or computer generated records relating to collection efforts or payment histories with respect to the Leases. Contributor: Green Tree Lease Finance II, Inc., a Minnesota corporation, or its successor in interest pursuant to Section 6.2.
Collection Records means all manually prepared or computer-generated records relating to collection efforts or payment histories with respect to the Receivables.

Related to Collection Records

  • Monthly Records means all records and data maintained by the Servicer with respect to the Receivables, including the following with respect to each Receivable: the account number; the originating Dealer; Obligor name; Obligor address; Obligor home phone number; Obligor business phone number; original Principal Balance; original term; Annual Percentage Rate; current Principal Balance; current remaining term; origination date; first payment date; final scheduled payment date; next payment due date; date of most recent payment; new/used classification; collateral description; days currently delinquent; number of contract extensions (months) to date; amount of Scheduled Receivables Payment; and past due late charges.