Common use of TRANSFER OF COLLECTIONS Clause in Contracts

TRANSFER OF COLLECTIONS. On of before the sixth Business Day prior to the relevant Transfer Date, each Transferor shall procure that the Trust Cash Manager is informed of the amount of Acquired Interchange for the prior Monthly Period.

Appears in 2 contracts

Sources: Receivables Trust Deed and Trust Cash Management Agreement (Arran Funding LTD), Receivables Trust Deed and Trust Cash Management Agreement (Arran Funding LTD)