Common use of Collections on the Transferred Batch Clause in Contracts

Collections on the Transferred Batch. The Purchaser shall be entitled with respect to each Transferred Batch, (i) to the extent permitted by law and in a manner consistent with all applicable laws and regulations, to receive all Collections on such Transferred Batch, and (ii) to have and to exercise any and all rights (x) to collect, record, track and, during the continuance of an Event of Termination or a Servicer Termination Event, take all actions to obtain Collections with respect to each Batch Receivable payable by Obligors other than Governmental Entities, and (y) to the extent permitted by law and in a manner consistent with all applicable laws and regulations, to record, track and, during the continuance of an Event of Termination or a Servicer Termination Event, take all actions to obtain Collections with respect to each Batch Receivable payable by Governmental Entities.