Unrelated Amounts. If Servicer determines that amounts which are not property of Owner (“Unrelated Amounts”) have been deposited in either Collection Account, then Servicer shall provide written evidence thereof to Owner no later than the first Business Day following the day on which Servicer had actual knowledge thereof, which evidence shall be provided in writing. Upon receipt of any such notice, Servicer shall withdraw the Unrelated Amounts from the applicable Collection Account, and the same shall not be treated as Collections on Transferred Receivables and shall not be subject to the provisions of Section 2.12.
Appears in 3 contracts
Sources: Servicing Agreement, Servicing Agreement, Servicing Agreement (GE Capital Credit Card Master Note Trust)