Delivery of Collections. The Seller agrees to pay to the Servicer all payments received by the Seller in respect of the Receivables as soon as practicable after receipt thereof by the Seller.
Appears in 8 contracts
Samples: Purchase and Sale Agreement (Alliance Data Systems Corp), Pooling and Servicing Agreement (Alliance Data Systems Corp), Pooling and Servicing Agreement (Mbna America Bk Nat Assoc Mbna Master Credit Card Trust Ii)
Delivery of Collections. The In the event that the Seller receives Collections, the Seller agrees to pay to the Servicer or any Successor Servicer all payments received by the Seller in respect of the Receivables as soon as practicable after receipt thereof by the Seller, but in no event later than two Business Days after the receipt by the Seller thereof.
Appears in 6 contracts
Samples: Receivable Purchase Agreement (American Express Centurion Bank), Receivables Purchase Agreement (Green Tree Financial Corp), Receivables Purchase Agreement (Green Tree Financial Corp)
Delivery of Collections. The If the Seller receives any payments in respect of the Phase-In-Recovery Charge or the proceeds thereof when it is not acting as the Servicer, the Seller agrees to pay to the Servicer all payments received by the Seller it in respect of the Receivables thereof as soon as practicable after receipt thereof by the Sellerit.
Appears in 6 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013)
Delivery of Collections. The Seller agrees to pay to the Servicer all payments received directly by the Seller in respect of the Receivables as soon as practicable after receipt thereof by the SellerSeller but in no event later than two Business Days after receipt thereof.
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Delivery of Collections. The If the Seller receives any payments ----------------------- in respect of the RRB Charge or the proceeds thereof when it is not acting as the Servicer, the Seller agrees to pay to the Servicer all payments received by the Seller it in respect of the Receivables thereof as soon as practicable after receipt thereof by the Sellerit.
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