PAYMENTS FROM BUYER. After purchase of a Contract by NationsCredit, Dealer shall forward to NationsCredit any payments on the Contract received by Dealer. In the event such payment is made by check or other instrument payable to Dealer, Dealer shall endorse such check or other instrument to NationsCredit. Dealer shall not make any payment in respect of any Contract on behalf of any Buyer without the prior written consent of NationsCredit.
Appears in 2 contracts
Sources: Marine Retail Sales Financing Agreement (Nationscredit Grantor Trust 1997-2), Marine Retail Sales Financing Agreement (Nationscredit Securitization Corp)