Misdirected Collections. Each Issuer agrees that if any Collections are received by such Issuer in an account other than the Box Truck Collection Account or in any other manner, such monies, instruments, cash and other proceeds shall be, within one (1) Business Day of the identification of such payment, paid over to, the Trustee, with any necessary endorsement. [THE REMAINDER OF ARTICLE 5 IS RESERVED AND MAY BE SPECIFIED IN ANY SUPPLEMENT WITH RESPECT TO ANY SERIES.]
Appears in 2 contracts
Sources: Indenture Agreement (Amerco /Nv/), Indenture Agreement (Amerco /Nv/)
Misdirected Collections. Each Issuer agrees that if any Collections are received by such Issuer in an account other than the Box Cargo Van/Pick-Up Truck Collection Account or in any other manner, such monies, instruments, cash and other proceeds shall be, within one (1) Business Day of the identification of such payment, paid over to, the Trustee, with any necessary endorsement. [THE REMAINDER OF ARTICLE 5 IS RESERVED AND MAY BE SPECIFIED IN ANY SUPPLEMENT WITH RESPECT TO ANY SERIES.]
Appears in 1 contract
Sources: Cargo Van/Pick Up Truck Base Indenture (Amerco /Nv/)