Customer Collections definition

Customer Collections means all payments made on or with respect to (a) the Customer Contracts (including, without limitation, (i) all amounts payable to the Contract Holder in connection with a termination of a Customer Contract (“Termination Amounts”) and (ii) all amounts payable by Customers in connection with Customer Contracts which NuCO2 (if NuCO2 is the counterparty to that Customer Contract) or the applicable Securitization Entity (if such Securitization Entity is the counterparty or assignee to that Customer Contract) designates as deposits made pursuant thereto (the “Customer Deposits”)), (b) the Ancillary Revenues and (c) all reimbursements from third parties with respect to sales taxes, property taxes or other taxes and fees advanced by any of the Securitization Entities on behalf of such third parties.
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Examples of Customer Collections in a sentence

  • Within three (3) Business Days after receiving direction from the Required Lenders, each of the Agent and the Borrower (acting at the direction of the Agent) shall sever itself as a “Beneficiary” under the Customer Collections Account Administration Agreement (the “Customer Collections Account Administration Agreement Severance”) in accordance with Section 11(c) thereof and deliver the Payment Notice/Lessor Rights Notice to any and all Lessees with respect to any and all of the Portfolio Leases.

  • The related Customer Agreement has not been amended, waived, extended, or modified in any material respect except (i) for change orders made in the ordinary course of business or (ii) in compliance with the Customer Collections Policy (including pursuant to a Payment Facilitation Agreement) or Service Transfer Policy.

  • The Borrower also shall notify and instruct each Lessee that all payments due or to become due under each Portfolio Lease (except for Excepted Payments (which shall be payable to the Persons for whose benefit any such payment is made)) or otherwise in respect of amounts and other receivables of the Borrower are to be made directly to the Customer Payments Account (or, after the occurrence of the Customer Collections Account Administration Agreement Severance, the Collection Account).

  • The Agent shall have received a supplement to the Customer Collections Account Administration Agreement, duly executed by TILC, the Collateral Agent, the Agent, and the Delaware Trustee of the Customer Collections Account Administration Agreement, and certified by a Responsible Officer of the Delaware Trustee as a true and correct copy thereof.

  • Customer Collections may be made via transitional mail or electronically based on the customer’s preference.

  • Each day FATHOM shall issue payment to Customer equal to the cash collected by FATHOM in connection with the total utility ▇▇▇▇ payments generated during the prior day of the Customer Collections.

  • The Transaction Manager acknowledges and agrees that all Customer Collections shall be the property of the Contract Holder.

  • The Manager hereby agrees to allocate all Cash Flow from the Customer Payments Account to the Collections Account on a daily basis, and shall provide written notice thereof (which notice may be made by facsimile or electronic mail) to the Agent [on a daily basis], in each case in accordance with the Customer Collections Account Administration Agreement.

  • All such Customer Collections received by the Equipment Holder shall be deposited by the Equipment Holder into the Concentration Account within two Business Days after actual knowledge of receipt thereof.

  • The Master Manager acknowledges and agrees that all Customer Collections shall be the property of the Contract Holder.