Calculation Date Statements Sample Clauses

Calculation Date Statements. For each Calculation Date, the Servicer will provide to the First Issuer and the Bond Trustee a statement indicating (i) the Transition Bond Balance and the Projected Transition Bond Balance for each Series as of the immediately preceding Payment Date, (ii) the amount on deposit in the Overcollateralization Subaccount and the Calculated Overcollateralization Level as of the immediately preceding Payment Date, (iii) the Projected Transition Bond Balance for each Payment Date prior to the next Adjustment Date and the Servicer's projection of the Transition Bond Balance as of each Payment Date prior to the next Adjustment Date, (iv) the Calculated Overcollateralization Level for each Payment Date prior to the next Adjustment Date and the Servicer's projection of the amount on deposit in the Overcollateralization Subaccount for each Payment Date prior to the next Adjustment Date and (v) the projected ITC Collections from the Payment Date immediately preceding the next Adjustment Date through such Adjustment Date.
Sample 1Sample 2Sample 3
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Calculation Date Statements. For each Calculation Date, the Servicer will provide to the Issuer and the Trustee a statement indicating (a) the Transition Bond Balance and the Projected Transition Bond Balance for each Series as of the immediately preceding Payment Date, (b) the amount on deposit in the Overcollateralization Subaccount and the Scheduled Overcollateralization Level as of the immediately preceding Payment Date, (c) the amount on deposit in the Capital Subaccount and the required Capital Subaccount balance as of the immediately preceding Payment Date; (d) the amount on deposit in the Reserve Subaccount as of the immediately preceding Payment Date; (e) the Projected Transition Bond Balance and the Servicer's projection of the Transition Bond Balance for the Payment Date immediately preceding the next succeeding Adjustment Date; (f) the Scheduled Overcollateralization Level and the Servicer's projection of the amount on deposit in the Overcollateralization Subaccount for the Payment Date immediately preceding the next succeeding Adjustment Date; (g) the required Capital Subaccount balance and the Servicer's projection of the amount on deposit in the Capital Subaccount for the Payment Date immediately preceding the next succeeding Adjustment Date; and (h) the Servicer's projection of the amount on deposit in the Reserve Subaccount for the Payment Date immediately preceding the next succeeding Adjustment Date; On each annual Adjustment Date, the Servicer shall provide Xxxxx'x with a schedule indicating any changes to Intangible Transition Charges by Rate Schedule. On a monthly basis, the Servicer shall prepare and deliver to Xxxxx'x a statement setting forth (i) the Scheduled Overcollateralization Level as of the immediately preceding Payment Date, (ii) the amount on deposit in the Overcollateralization Subaccount as of the date of such statement, (iii) any deposits or withdrawals from the Overcollateralization Subaccount since the preceding statement, (iv) the required Capital Subaccount balance as of the immediately preceding Payment Date, (v) the amount on deposit in the Capital Subaccount as of the date of such statement, (vi) any deposits or withdrawals from the Capital Subaccount since the preceding statement, and (vii) the amount on deposit in the Reserve Subaccount as of the date of such statement.
Sample 1
Calculation Date Statements. For each Calculation Date, the Servicer will provide to the First Issuer and the Bond Trustee a statement indicating (i) the Transition Bond Balance and the Projected Transition Bond Balance for each Series as of the immediately preceding Payment Date, (ii) the amount on deposit in the Overcollateralization Subaccount and the Calculated Overcollateralization Level as of the immediately preceding Payment Date, (iii) the Projected Transition Bond Balance for the next Payment Date and the Servicer's projection of the Transition Bond Balance as of the next Payment Date and,
Sample 1

Related to Calculation Date Statements

  • Monthly Statement The Contractor shall submit a statement to the Engineer at the end of each month, in a tabulated form approved by the Engineer, showing the amounts to which the Contractor considers himself to be entitled. The statement shall include the following items, as applicable; - the value of the Permanent Work executed up to the end of previous month - such an amount (not exceeding 75 percent of the value) as the Engineer may consider proper on account of materials for permanent work delivered by the Contractor in the site - such amount as the Engineer may consider fair and reasonable for any Temporary Works for which separate amounts are provided in the Bill of Quantities - adjustments under Clause 70 - any amount to be withheld under retention provisions of Sub-clause 60.3 - any other sum to which the Contractor may be entitled under the Contract If the Engineer disagrees with or cannot verify any part of the statement, the Contractor shall submit such further information as the Engineer may reasonably require and shall make such changes and corrections in the statement as may be directed by the Engineer. In cases where there is difference in opinion as to the value of any item, the Engineer’s view shall prevail.

  • Monthly Statements Each month we will send you a statement showing purchases, cash advances, payments, and credits made to your Account during the billing cycle, as well as your “New Balance”, any Finance Charge and any late charges. Your statement also will identify the minimum monthly payment you must make for that billing period and the date it is due. You agree to retain for statement verification copies of transaction slips resulting from each purchase, each advance, and other transactions on your Account. Unless you notify us of a billing error in accordance with the section entitled “Your Billing Rights”, you accept your monthly statement as an accurate statement of your Account with us.

  • Payment and Year-End Adjustment Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.

  • Termination Date Determination Seller will not designate the Termination Date (as defined in the Receivables Sale Agreement), or send any written notice to Originator in respect thereof, without the prior written consent of the Agent, except with respect to the occurrence of such Termination Date arising pursuant to Section 5.1(d) of the Receivables Sale Agreement.

  • Monthly Report A. A Monthly Report shall be submitted within ten (10) calendar days of the end of each calendar month of the Period of Operation. Each Monthly Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain a Statement of Total Gross Receipts, excluding New Jersey State Sales Tax, derived by Concessionaire from operation of the Concession during the previous month. Each Monthly Report shall be based on the daily “Z” tapes or Point-of-Service (POS) device equivalent for that same month showing each day’s sales activity. Failure on the part of Concessionaire to provide the Monthly Report, when due, shall constitute a material breach of this Agreement subject to Suspension of Operations and/or Termination, in accordance with the terms and conditions set forth in Paragraphs 9 and 10. Concessionaire shall provide Department with any additional written clarification and/or information necessary to confirm the accuracy of any or all of Concessionaire’s Monthly Reports. B. The signed, dated and certified Monthly Report must be submitted, in the Department- approved format, within ten (10) calendar days of the end of each calendar month of the Period of Operation.

  • Monthly Compliance Certificate Within thirty (30) days after the last day of each month and together with the Monthly Financial Statements, a duly completed Compliance Certificate signed by a Responsible Officer, certifying that as of the end of such month, Borrower was in full compliance with all of the terms and conditions of this Agreement, and setting forth calculations showing compliance with the financial covenants set forth in this Agreement and such other information as Bank shall reasonably request;

  • Payment Calculation District shall pay Contractor at a rate of $ per . District shall pay Contractor as described in attached Exhibit A

  • Interest Rates Payments and Calculations (a) Interest Rate. Except as set forth in Section 2.3(b), or as ------------- specified to the contrary in any Loan Document, any Advances under this Exim Agreement shall bear interest, on the average daily balance, at a rate equal to the Prime Rate per annum.

  • Reconciliation Statements if, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements referred to in subsection 5.3, the consolidated financial statements of Company and its Subsidiaries delivered pursuant to subdivisions (i), (ii), (iii) or (xiii) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then (a) together with the first delivery of financial statements pursuant to subdivision (i), (ii), (iii) or (xiii) of this subsection 6.1 following such change, consolidated financial statements of Company and its Subsidiaries for (y) the current Fiscal Year to the effective date of such change and (z) the two full Fiscal Years immediately preceding the Fiscal Year in which such change is made, in each case prepared on a pro forma basis as if such change had been in effect during such periods, and (b) together with each delivery of financial statements pursuant to subdivision (i), (ii), (iii) or (xiii) of this subsection 6.1 following such change, a written statement of the chief accounting officer or chief financial officer of Company setting forth the differences which would have resulted if such financial statements had been prepared without giving effect to such change;

  • Monthly Financial Statements As soon as available, but no later than thirty (30) days after the last day of each month, a company prepared consolidated balance sheet and income statement covering Borrower’s consolidated operations for such month certified by a Responsible Officer and in a form acceptable to Bank (the “Monthly Financial Statements”);

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