Common use of TRANSFERS AND SETTLEMENTS Clause in Contracts

TRANSFERS AND SETTLEMENTS. 26 SECTION 2.1. Facility........................................................................26 SECTION 2.2. Transfers.......................................................................26 SECTION 2.3. Selection of Interest Rates and Collection Periods..............................29 SECTION 2.4. [Reserved]......................................................................29 SECTION 2.5. Allocation of Collections.......................................................29 SECTION 2.6. Reserve Account.................................................................30 SECTION 2.7. Fees............................................................................31 SECTION 2.8. Protection of Transferred Interest of the Owners................................31 SECTION 2.9. Deemed Collections; Application of Payments.....................................33 SECTION 2.10. Payments and Computations, Etc..................................................35 SECTION 2.11. Reports.........................................................................35 SECTION 2.12. Collection Account..............................................................36 SECTION 2.13. Sharing of Payments, Etc........................................................37 SECTION 2.14. Defaulted Receivables...........................................................37

TRANSFERS AND SETTLEMENTS. 26 25 SECTION 2.1. Facility........................................................................26 .............................................................................25 SECTION 2.2. Transfers.......................................................................26 ............................................................................25 SECTION 2.3. Selection of Interest Rates and Collection Periods..............................29 ...................................28 SECTION 2.4. [Reserved]......................................................................29 ...........................................................................28 SECTION 2.5. Allocation of Collections.......................................................29 ............................................................28 SECTION 2.6. Reserve Account.................................................................30 [Reserved]...........................................................................29 SECTION 2.7. Fees............................................................................31 Fees29 SECTION 2.8. Protection of Transferred Interest of the Owners................................31 .....................................29 SECTION 2.9. Deemed Collections; Application of Payments.....................................33 ..........................................31 SECTION 2.10. Payments and Computations, Etc..................................................35 .......................................................33 SECTION 2.11. Reports.........................................................................35 ..............................................................................33 SECTION 2.12. Collection Account..............................................................36 ...................................................................34 SECTION 2.13. Sharing of Payments, Etc........................................................37 .............................................................35 SECTION 2.14. Defaulted Receivables...........................................................37................................................................36

TRANSFERS AND SETTLEMENTS. 26 SECTION 2.1. Facility...................................................................................................................................26 SECTION 2.2. Transfers.................................................................................................................................26 SECTION 2.3. Selection of Interest Rates and Collection Interest Periods.................................................29 SECTION 2.4. [Reserved]......................................................................29 ........................................................32 SECTION 2.5. Allocation of Collections.......................................................29 ; Non-Liquidation Settlement and Reinvestment Procedures...........................................32 SECTION 2.6. Reserve Account.................................................................30 [Reserved]........................................................33 SECTION 2.7. Fees............................................................................31 ..............................................................34 SECTION 2.8. Protection of Transferred Interest of the Owners................................31 Buyers and the Bank Investors.........................................................34 SECTION 2.9. Deemed Collections; Application of Payments.....................................33 ........................35 SECTION 2.10. Payments and Computations, Etc..................................................35 ....................................38 SECTION 2.11. Reports.........................................................................35 ............................................................38 SECTION 2.12. Collection Account..............................................................36 ................................................39 SECTION 2.13. Sharing of Payments, Etc........................................................37 ..........................................40 SECTION 2.14. Defaulted Receivables...........................................................37.............................................40