Additional Deposits; Net Deposits. (1) On or prior to each Deposit Date, Servicer shall remit to the Collection Account, in next-day or immediately available funds, the aggregate Purchase Amounts of the Receivables to be purchased by it under an obligation that arose during the preceding Collection Period pursuant to Section 2.4, 3.7 or 10.2, respectively.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (M&i Dealer Auto Securitization LLC)
Additional Deposits; Net Deposits. (1) On or prior to each Deposit Date, Servicer shall remit to the Collection Account, in next-day or immediately available funds, the aggregate Purchase Amounts of the Receivables to be purchased by it under an obligation that arose during the preceding Collection Period pursuant to Section 2.4, 3.7 or 10.2, respectively.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Bond Securitization LLC)