Common use of Segregation of Collections Clause in Contracts

Segregation of Collections. The Servicer shall not commingle funds constituting Collections with any other funds of the Servicer.

Appears in 4 contracts

Sources: Receivables Loan and Security Agreement (Equivest Finance Inc), Receivables Loan and Security Agreement (Silverleaf Resorts Inc), Receivables Loan and Security Agreement (Us Home Systems Inc /Tx)

Segregation of Collections. The Servicer shall not commingle funds constituting Collections with any other funds of the ServicerServicer (nor shall it allow any other Person to do so).

Appears in 2 contracts

Sources: Receivables Loan and Security Agreement (Maxtor Corp), Receivables Loan and Security Agreement (Maxtor Corp)

Segregation of Collections. The Servicer shall not commingle funds constituting Collections with any other funds of the Servicer.

Appears in 1 contract

Sources: Loan and Security Agreement (BRT Realty Trust)

Segregation of Collections. The Servicer shall not intentionally commingle funds constituting Collections in the Collection Account with any other funds of the Servicer.

Appears in 1 contract

Sources: Receivables Loan and Security Agreement (Payoneer Global Inc.)

Segregation of Collections. The Servicer shall not commingle funds constituting Collections with any other funds of the ServicerServicer or the originator for more than two Business Days.

Appears in 1 contract

Sources: Receivables Loan and Security Agreement (Equivest Finance Inc)

Segregation of Collections. The Servicer shall not -------------------------- commingle funds constituting Collections with any other funds of the ServicerServicer or Funding.

Appears in 1 contract

Sources: Receivables Loan and Security Agreement (Healthcare Financial Partners Inc)

Segregation of Collections. The Servicer shall not commingle funds constituting Collections with any other funds of the ServicerServicer or the Originator for more than two Business Days.

Appears in 1 contract

Sources: Receivables Loan and Security Agreement (Equivest Finance Inc)