Collection Agents Sample Clauses

The 'Collection Agents' clause designates specific individuals or entities authorized to collect payments or debts on behalf of a party to the agreement. Typically, this clause outlines the scope of authority granted to the collection agent, such as the ability to receive funds, issue receipts, or pursue overdue accounts, and may require the other party to recognize payments made to the agent as valid. Its core practical function is to formalize the role of third-party agents in the collection process, ensuring clarity and reducing disputes over who is entitled to receive payments under the contract.
Collection Agents. The Supplier shall:
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Collection Agents. The Supplier shall: procure that collection agents responsible for delivery or collection of a Vehicle ("Collection Agents") only contact drivers for directions to locate drivers or to inform them of possible delay and any such contact shall only be made with drivers between the hours of 8.30 am and 6.00 pm; procure that under no circumstances will the Supplier or Collection Agents attempt to change the agreed collection points previously agreed with the driver (the "Agreed Collection Point"); procure that if previously Agreed Collection Points become redundant, alternative collection points will be agreed with the Customer; and if the Supplier or the Collection Agent fails to collect the Vehicle at the agreed time and collection point, indemnify the Customer from and against all and any damages, costs, expenses, fines, storage charges and any of the payments or other damage thereby caused, and for the avoidance of doubt, the Supplier shall be responsible for the acts and omissions of the Collection Agents in accordance with Clause 23.3 (Transfer and Sub-Contracting). The Parties agree that any additional rental payments shall be calculated up to the agreed date of collection of the Vehicle by the Collection Agent.
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Collection Agents. Purchaser shall have engaged one or more Collection Agents to collect, service or recover the outstanding balance owed by a Borrower with respect to all Purchased Loans for which Sellers engaged a Collection Agent immediately prior to Closing.
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Collection Agents. Optionally, BlueVoyant agents may be installed directly on client endpoints and servers to enable log collection and delivery to the Client’s Azure Sentinel instance. In some cases, specific third-party collectors (ex: Microsoft Monitoring Agent) would be delivered in-lieu of or included as a component in the BlueVoyant agent.
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Related to Collection Agents

  • Syndication Agent The Syndication Agent shall not have any duties or responsibilities hereunder in its capacity as such.

  • Servicer Representative The Servicer will designate one or more representatives who will be available to assist the Asset Representations Reviewer in performing the Review, including responding to requests and answering questions from the Asset Representations Reviewer about access to Review Materials on the Servicer’s originations, receivables or other systems, obtaining missing or insufficient Review Materials and/or providing clarification of any Review Materials or Tests.

  • Trustee, Paying Agents, Conversion Agents, Bid Solicitation Agent or Note Registrar May Own Notes The Trustee, any Paying Agent, any Conversion Agent, Bid Solicitation Agent (if other than the Company or any Affiliate thereof) or Note Registrar, in its individual or any other capacity, may become the owner or pledgee of Notes with the same rights it would have if it were not the Trustee, Paying Agent, Conversion Agent, Bid Solicitation Agent or Note Registrar.

  • Depository Banks Each Loan Party and each Subsidiary will maintain the Administrative Agent as its principal depository bank, including for the maintenance of operating, administrative, cash management, collection activity, and other deposit accounts for the conduct of its business.

  • Custodial Services The charges and expenses of the custodian appointed by the Trust for custodial services;