Company and Servicer Distribution Date Accounting. For each Due Period, no later than five Business Days prior to the related Distribution Date, the Manager shall prepare and deliver or cause the Company to prepare and deliver to the Paying Agent, the Initial Member, each Purchase Money Notes Guarantor and the P:MN Agent a report which shall specify the amounts and recipients of all funds to be distributed by the Paying Agent on the relevant Distribution Date (using (for purposes of clause (iv) of the Priority of Payments) the Working Capital Reserve Target specified in such report but otherwise as determined as of the close of business on the applicable Determination Date) and shall be certified by an Authorized Representative (who shall be the chief financial officer (or an equivalent officer)) of the Company (the "Cash Flow and Distribution Report"); provided, however, that (unless the Company and the Initial Member agree otherwise) the Initial Member will prepare and deliver to the Paying Agent, each Purchase Money Notes Guarantor and the PMN Agent the Cash Flow and Distribution Report for all Due Periods ending prior to or during the calendar month in which the final Servicing Transfer Date occurs, and each such Cash Flow and Distribution Report shall be due no later than two (rather than five) Business Days prior to the related Distribution Date. The Cash flow and Distribution Report shall be a portion of Monthly Report to be provided to the Paying Agent, the Initial Member, each Purchase Money Notes Guarantor 49 CADCIRADC VcntuH 2011-1 Structured Transaction Custodial and P1tymg Agency Agreement VersionJ.I EXECUTION VFR.XXXX x.4 and the P:rvfN Agent in accordance with the LLC Operating Agreement. The Cash Flow and Distribution Report shall contain the following information:
(a) the aggregate amount of Asset Proceeds received during the applicable Due Period and deposited into the Collection Account in accordance with Section 3.1Ca);
(b) for the Collection Account:
(i) the amount to be transferred from the Collection Account to the Distribution Account which shall equal the sum of: (A) the amount described in Section 11.3(a) plus (B) the total amount of funds transferred from the \\larking Capital Reserve Account into the Cotlcction Account during the applicable Due Period plus (C) the total amount of Excess Working Capital Advances deposited in the Collection Account during the applicable Due Period plus (D) the total amount of Discretionary Funding Advances deposited in the Collection Account durin...
Company and Servicer Distribution Date Accounting. 59 Section 11.4 Distribution Date Instructions 60 Section 11.5 Books and Records 60 Section 12.1 No Adverse Interests 61 Section 13.1 Liability; Indemnification 61
Company and Servicer Distribution Date Accounting. For each Due Period no later than five (5) Business Days prior to the Distribution Date, the Company shall prepare and deliver or cause the Manager to prepare and deliver to the Paying Agent, the Initial Member and the Purchase Money Notes Guarantor a report which shall specify the amounts and recipients of all funds to be distributed by the Paying Agent on the relevant Distribution Date as determined as of the close of business on the applicable Determination Date and certified by an Authorized Representative (who shall be the chief financial officer (or an equivalent officer)) of the Company (the “Distribution Date Report”); provided, however, that (unless the Company and the Initial Member agree otherwise) the Initial Member will prepare and deliver to the Paying Agent and the Purchase Money Notes Guarantor the Distribution Date Report for all Due Periods ending on the last day of the month in which the final Servicing Transfer Date occurs, unless otherwise agreed between the parties. The Distribution Date Report shall be a portion of the Monthly Report to be provided to the Paying Agent, the Initial Member and the Purchase Money Notes Guarantor in accordance with the LLC Operating Agreement. The Distribution Date Report shall contain the following information:
Company and Servicer Distribution Date Accounting. For each Due Period, no later than five Business Days prior to the related Distribution Date, the Company is to prepare and deliver or cause the Manager to prepare and deliver to the Paying Agent and the Initial Member a report which is to (a) specify the amounts and recipients of all funds to be distributed by the Paying Agent on the relevant Distribution Date using (for purposes of clause (v) of the Priority of Payments) the Working Capital Reserve Target specified in such report but otherwise as determined as of the close of business on the applicable Determination Date, and (b) be certified by an Authorized Representative (who shall be the chief financial officer (or an equivalent officer)) of the Company (the “Cash Flow and Distribution Report”); provided, however, that (unless the Company and the Initial Member agree otherwise) the Initial Member is to prepare and deliver to the Paying Agent the Cash Flow and Distribution Report for all Due Periods ending prior to or during the calendar month in which the final Servicing Transfer Date occurs, and each such Cash Flow and Distribution Report will be due no later than two (rather than five) Business Days prior to the related Distribution Date. The Cash Flow and Distribution Report will be a portion of the Monthly Report to be provided to the Paying Agent and the Initial Member in accordance with the LLC Operating Agreement. The Cash Flow and Distribution Report is to contain the following information:
Company and Servicer Distribution Date Accounting. For each Due Period, no later than five Business Days prior to the related Distribution Date, the Company is to prepare and deliver or cause the Manager to prepare and deliver to the Paying Agent, the Initial Member, each Purchase Money Notes Guarantor and the PMN Agent a report which is to (a) specify the amounts and recipients of all funds to be distributed by the Paying Agent on the relevant Distribution Date using (for purposes of clause (v) of the Priority of Payments) the Working Capital Reserve Target specified in such report but otherwise as determined as of the close of business on the applicable Determination Date, and (b) be certified by an Authorized Representative (who shall be the chief financial officer (or an equivalent officer)) of the Company (the “Cash Flow and Distribution Report”); provided, however, that (unless the Company and the Initial Member agree otherwise) the Initial Member is to prepare and deliver to the Paying Agent, each Purchase Money Notes Guarantor and the PMN Agent the Cash Flow and Distribution Report for all Due Periods ending prior to or during the calendar month in which the final Servicing Transfer Date occurs, and each such Cash Flow and Distribution Report will be due no later than two (rather than five) Business Days prior to the related Distribution Date. The Cash Flow and Distribution Report will be a portion of the Monthly Report to be provided to the Paying Agent, the Initial Member, each Purchase Money Notes Guarantor and the PMN Agent in accordance with the LLC Operating Agreement. The Cash Flow and Distribution Report is to contain the following information:
Company and Servicer Distribution Date Accounting. For each Due Period, no later than five Business Days prior to the related Distribution Date, the Company shall prepare and deliver or cause the Manager to prepare and deliver to the Paying Agent and the Initial Member a report which shall specify the amounts and recipients of all funds to be distributed by the Paying Agent on the relevant Distribution Date (using (for purposes of clause (v) of the Priority of Payments) the Working Capital Reserve Target specified in such report but otherwise as determined as of the close of business on the applicable Determination Date) and
