Cash Reporting. Upon the written request of the Buyer, the Seller shall provide, or cause to be provided, to the Buyer, a report of all cash and other collections activity with respect to each Purchased Loan and the amount of the Loan Loss Reserves maintained by the Seller. Such report shall be delivered to Buyer not later than three (3) Business Days following the Buyer’s written request therefor.
Cash Reporting. On or before Tuesday of each week during the Forbearance Period commencing in March, 2020, the Company shall deliver to Agent (i) a cash flow statement of the Company and its Subsidiaries with respect to the prior week in form and substance acceptable to Required Lenders, together with (ii) a calculation of aggregate outstanding accounts payable by the Company and its Subsidiaries as of the last day of the prior month and (iii) the aggregate ending bank account balances of the Company and its Subsidiaries as of the close of business on Friday of each prior week.
Cash Reporting. (a) As soon as available, and in any event within three (3) days after the end of each calendar month following the date hereof, the Company shall furnish to Parent (i) a monthly cash report of the Company and the Company Subsidiaries showing aggregate Cash of each of the Company’s and the Company’s Subsidiaries’ as of the end of such calendar month (the “Monthly Cash Balance”) and (ii) copies of the bank statements of all bank accounts of the Company and the Company Subsidiaries as of the final day of such month (“Monthly Cash Report”).
Cash Reporting. The Bank Secrecy Act (“BSA”), a federal law, requires all financial institutions to report currency transactions of more than $10,000 to the Financial Crimes Enforcement Network (“FinCEN”). In addition, we may report to FinCEN multiple cash transactions which together total more than $10,000 in any one day. In order to better comply with the law, we may maintain a log of all sales of bank checks or drafts, cashier’s checks, money orders or traveler’s checks for $3,000-$10,000 in currency. We may also report to FinCEN or other government agency transactions that may be structured to avoid the reporting requirement and other transactions that appear to involve illegal activity. In order to satisfy the BSA’s requirement, we may, and, in many cases, must request certain information about the individual presenting the transaction, as well as the organization or individual for whom the transaction is being conducted. This includes the individual’s/organization’s full name, permanent street address, social security number or other taxpayer identification number, identification number (such as a driver’s license, government issued photo identification, or passport), date of birth (if applicable), and business, occupation or profession. Cutoff Hours A number of our services are subject to processing cutoff hours. Transactions or communications received after the cutoff hour or on a non-business day may, in our discretion, be deemed received as of the next business day. Alternatively, some services may require you to resubmit a transaction or communication when it is received after the cutoff hour or on a non-business day. Fraud Prevention Guidelines To help prevent check fraud and other criminal activities against you, you agree to comply with the following fraud prevention guidelines. • Do not preprint your driver’s license or Social Security Number (SSN) on your checks. • Call the Bank at the number listed on your account statement immediately if new checks do not arrive within ten to fifteen (10-15) business days of your order. • Call the Bank immediately if there are discrepancies you cannot explain on your account statement, or if you do not receive your statement or an ordered ATM or debit card. • Store blank and cancelled check copies in a safe place. • Remember that your checks provide access to your account. Even blank and cancelled checks have information on them that someone could use to obtain funds from your account. Notify the Bank immediately if any ...
Cash Reporting. Not later than thirty (30) days after the end of each calendar month, commencing with the month ending July 31, 2018, a report as to Qualified Cash;
Cash Reporting. The Seller shall provide, or cause to be provided, to the Buyer as requested by the Buyer, a report of all cash and other collections activity with respect to each Purchased Loan. Such report shall be delivered to Buyer not later than 3:00 p.m. New York City time on the Business Day following the request of Buyer.
