Common use of Pre-Closing Collections Clause in Contracts

Pre-Closing Collections. Within two Business Days after the Series 2007-SN1 Closing Date, the Seller shall transfer to the account or accounts designated by COLT all collections on the Series 2007-SN1 Lease Assets held by the Seller on the Series 2007-SN1 Closing Date and conveyed to COLT pursuant to Section 2.01; provided, however, that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Payment Date.

Pre-Closing Collections. Within two Business Days after the Series 2007-SN1 20__-SN_ Closing Date, the Seller shall transfer to the account or accounts designated by COLT all collections on the Series 2007-SN1 20__-SN_ Lease Assets held by the Seller on the Series 2007-SN1 20__- SN_ Closing Date and conveyed to COLT on such Series 20__-SN_ Closing Date pursuant to Section 2.01; provided, however, that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Payment Date.

Pre-Closing Collections. Within two Business Days after the Series 2007-SN1 200_-__ Closing Date, the Seller shall transfer to the account or accounts designated by COLT all collections on the Series 2007-SN1 200_-__ Lease Assets held by the Seller on the Series 2007-SN1 200_-__ Closing Date and conveyed to COLT pursuant to Section 2.01; provided, however, that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Payment Date.

Pre-Closing Collections. Within two Business Days after the Series 20072005-SN1 Closing Date, the Seller shall transfer to the account or accounts designated by COLT all collections on the Series 20072005-SN1 Lease Assets held by the Seller on the Series 20072005-SN1 Closing Date and conveyed to COLT pursuant to Section 2.01; provided, however, that so long as the Monthly Remittance Conditions are satisfied, such collections need not be transferred until the first Payment Date.