Collection Activities. Agency will investigate all accounts referred to it for collection by the Client and will attempt collection by correspondence and telephone solicitation.
Collection Activities. (a) The Buyer appoints the Company as its servicer and agent for the administration and servicing of all Purchased Receivables sold to the Buyer by Seller hereunder, and the Company hereby accepts such appointment and agrees to assume the duties and the administration and servicing obligations as the Servicer and perform all necessary and appropriate 725594943 17555228 commercial collection activities in arranging the timely payment of amounts due and owing by any Account Debtor in respect of Purchased Receivables sold by Sellers hereunder, all in accordance with applicable laws, rules and regulations and with reasonable care and diligence, including, without limitation, diligently and faithfully performing all servicing and collection actions (including, if necessary, acting as party of record in foreign jurisdictions); provided, however, that such appointment as the Servicer shall not release the Company or any Seller from any of its duties, responsibilities, liabilities and obligations resulting from or arising hereunder or under any Purchased Receivables. The Buyer may replace the Servicer in the manner set forth in Section 4(d) hereto. In connection with its servicing obligations, the Servicer will perform its obligations and exercise its rights under contracts related to the Purchased Receivables with the same care and applying the same policies as it applies to its own Receivables generally and would exercise and apply if it owned the Purchased Receivables and shall act in the best interest of the Buyer to maximize Collections. The Sellers and the Servicer agree that the Purchase Price for each Purchased Receivable includes consideration for the cost of servicing such Purchased Receivables, the amount of which shall be determined by Sellers and the Servicer and shall be remitted by the applicable Seller to the Servicer (out of the proceeds of such Purchase Price payments) or otherwise accounted for by Sellers and the Servicer as Sellers and the Servicer determine, and no other or further compensation is required.
Collection Activities. The Assignor shall take (a) such action for due collection of the Purchased Receivables as it would take for Receivables held for its own account (and shall use the same or greater level of care In connection therewith) and (b) such additional action from time to time reasonably required by the Bank. Such action shall include, but not be limited to, periodic reminders either In writing or through follow-up telephone calls. The Assignor may not delegate such collection activities, whether in whole or in part, without the Bank’s prior written consent.
Collection Activities. Mobility shall be responsible for the collection of all accounts receivable relating to the sale of Mobility Products, but Sales Rep agrees to provide reasonable assistance to Mobility in this area for customers of Mobility managed by Sales Rep
Collection Activities. By the fifth (5th) day of each month, Subservicer will identify any loans which are delinquent pursuant to the terms of the note. No collection activity should occur with respect to loans that are contractually current. For every contractually delinquent loan, Subservicer will make outbound call attempts in a manner designed below to maximize making Right Party Contact and send out a minimum of one collection statement per month in which a loan remains past due in an effort to collect the full amount (including principal, interest and other charges owed by Borrower under the HSA Loan). Any approvals required in connection with loss mitigation plans or arrangements shall be obtained in accordance with the Approval Matrix. The Subservicer’s analysis supporting any loss mitigation plan or arrangement shall be appropriately reflected in the Subservicer’s records. Outbound Calls Name Description Metric Outbound Call Starts First delinquency day for contact 5th Business Day/mo Outbound Call Attempts # of attempts in 30 day delinquency cycle 8
Collection Activities. (a) Buyer appoints AAR as its servicer and agent (in such capacity, the “Servicer”) for the administration and servicing of all Purchased Receivables sold to Buyer hereunder, and AAR hereby accepts such appointment and agrees to assume the duties and the administration and servicing obligations as Servicer, and perform all necessary and appropriate commercial collection activities in arranging the timely payment of amounts due and owing by any Account Debtor, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, including, without limitation, diligently and faithfully performing all servicing and collection actions (including, if necessary, acting as party of record in foreign jurisdictions); provided, however, that such appointment as Servicer shall not release any Seller from any of its duties, responsibilities, liabilities and obligations resulting from or arising hereunder. Buyer may replace the Servicer in the manner set forth in Section 4(e) hereto. In connection with its servicing obligations, Servicer will, and will ensure that each Seller will, perform their respective obligations and exercise their respective rights under contracts related to the Purchased Receivables with the same care and applying the same policies as they apply to their own Receivables generally and would exercise and apply if they owned the Purchased Receivables and shall use commercially reasonable efforts to maximize Collections.
Collection Activities. No Participant shall, without written consent from the Agent and the holders of the Requisite Participation Interests, undertake any collection activities or commence enforcement of the Mortgage Note or any of the Security Documents. All amounts received by a Participant in respect of the indebtedness evidenced by the Mortgage Note or the Security Documents shall be shared among the Participants in proportion to their respective Participation Interests, whether received by voluntary payment, by the exercise of the right of set-off or lien, by counterclaim or cross action or by the enforcement of the Mortgage Note or any of the Security Documents.
Collection Activities. All collection efforts with respect to amounts owing from Foreign Customer with respect to Publishing Services will be the sole responsibility of WCI; provided, however, that WCI shall have no further responsibility with respect to the collection of amounts owing from a Foreign Customer with respect to Publishing Services (a) if WIN or its Affiliates would have written off the account balances if such balances were owed by such Foreign Customer to WIN or its Affiliates due to non-payment or for any other reason or (b) to the extent agreed upon from time to time by the Parties. WCI shall send a semi-monthly notice to Publisher, on or about the 15th and the last day of each month, indicating those Foreign Customers whose account balances have been written off in the preceding period and for whom collection efforts have accordingly ceased.
Collection Activities. Purchaser shall conduct its collection activities in accordance with all material applicable laws including but not limited to the Consumer Credit Act and the Data Protection Act 1998 (and all related legislation and regulations), provided, however, Purchaser shall only be liable to Parent or Seller for a breach of this Section 6.22 to the extent that Parent or Seller actually incurs or suffers a loss or otherwise incurs liability as a result of a breach by Purchaser of this Section 6.22.
Collection Activities a) Continuously from the related Servicing Commencement Date until the principal and interest on the related Mortgage Loan are paid in full or the termination of this Agreement, Servicer will diligently collect all payments due under each Mortgage Loan when the same shall become due and payable and shall, to the extent such procedures shall be consistent with this Agreement, act in accordance with the terms and provisions of any related PMI Policy, LPMI Policy, Applicable Requirements and applicable Laws. Further, with respect to each Mortgage Loan which provides for Escrow Payments to be made, in accordance with Applicable Requirements, Servicer will ascertain and estimate annual ground rents, taxes, assessments, water rates, fire and hazard insurance premiums, mortgage insurance premiums, and all other charges that, as provided in the Mortgage, will become due and payable such that the installments payable by the Mortgagor will be sufficient to pay such charges as and when they become due and payable. Notwithstanding anything herein to the contrary, the Servicer shall have no obligation to collect, or make payments to the Owner with respect to, any prepayment penalties, late charges, fees or other items which are prohibited under applicable Laws.
