Common use of Delivery of Collections Clause in Contracts

Delivery of Collections. In the event that such Seller receives Collections or Recoveries, such Seller agrees to pay the Servicer all such Collections and Recoveries as soon as practicable after receipt thereof.

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust), Pooling and Servicing Agreement, Pooling and Servicing Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust)

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Delivery of Collections. In the event that such the Seller receives Collections or RecoveriesCollections, such the Seller agrees to pay the Servicer or any Successor Servicer all such Collections and Recoveries 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 days after the receipt by the Seller thereof.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC), Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC), Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC)

Delivery of Collections. In the event that such Seller receives Collections or RecoveriesCollections, such Seller agrees to pay the Servicer or any Successor Servicer all such Collections and Recoveries payments received by the Seller in respect of the Receivables as soon as practicable after receipt thereof by such Seller, but in no event later than two Business Days after the receipt by such Seller thereof.

Appears in 3 contracts

Samples: Contribution and Sale Agreement (CDF Funding, Inc.), Receivables Contribution and Sale Agreement (Deutsche Floorplan Receivables L P), Contribution and Sale Agreement (Distribution Financial Services Floorplan Master Trust)

Delivery of Collections. In the event that such the Seller receives Collections or RecoveriesCollections, such the Seller agrees to pay forward to the Servicer all Buyer or its designee such Collections and Recoveries as soon as practicable after the receipt thereof.

Appears in 3 contracts

Samples: Receivables Purchase Agreement, Receivables Purchase Agreement (Metris Master Trust), Receivables Purchase Agreement (HSBC Credit Card Master Note Trust (Usa) I)

Delivery of Collections. In If the event that such Seller receives Collections or Recoveries, such the Seller agrees to pay the Servicer all such Collections and Recoveries as soon as practicable after receipt thereof.;

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Royal Bank of Canada), Pooling and Servicing Agreement

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Delivery of Collections. In If the event that such Seller receives Collections or Collections, including in respect of Recoveries, such the Seller agrees to pay the Servicer all such Collections and Recoveries as soon as practicable after receipt thereof.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement

Delivery of Collections. In the event that such Seller receives Collections or Recoveries, such Seller Xxxxxx agrees to pay the Servicer all such Collections and Recoveries as soon as practicable after receipt thereof.

Appears in 1 contract

Samples: Pooling and Servicing Agreement

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