Common use of Custodian and Paying Agent Report Clause in Contracts

Custodian and Paying Agent Report. (a) The Custodian and Paying Agent shall cause to be furnished to the Private Owner, the Initial Member, the Purchase Money Notes Guarantor, the NGPMN Agent, the Collateral Agent and the Advance Lender no later than 12:00 noon, New York City time, on each Distribution Date, a report for the applicable Due Period (the “Custodian and Paying Agent Report”) with respect to the Assets and Collateral (including the Accounts setting forth in reasonable detail the balances of and any investments in the Accounts as of such date and all deposits to and disbursements, including all Asset Proceeds or the Management Fee from such Accounts, including the date on which made, since the date of the previous report) held by the Custodian and Paying Agent pursuant to this Agreement and on such other information as may otherwise be agreed by the parties with respect to such Due Period, all as set forth on Exhibit K. The Custodian and Paying Agent shall follow the procedures and perform the calculations and reconciliations required to prepare the Custodian and Paying Agent Report, in each case as set forth on Exhibit K. The Custodian and Paying Agent also shall make such Custodian and Paying Agent Reports available to Note Owners each month in accordance with Section 2.7(k) via the Paying Agent’s internet website. Access to all information on the Paying Agent’s internet website will be restricted to Note Owners who provide the Paying Agent with a separate investor certification substantially in the form of Exhibit O attached to this Agreement. As a condition to accessing the Paying Agent’s internet website, the Paying Agent may require registration and the acceptance of a disclaimer. The Paying Agent will not be liable for the dissemination of information in accordance with this Agreement. (b) The Custodian and Paying Agent Report shall be based on information included in (i) the Manager’s Monthly Report for the applicable Due Period and certified by an Authorized Representative of the Manager, (ii) the Distribution Date Report for the applicable Due Period and (iii) such other information as might be agreed upon by the parties, all as set forth in Exhibit K.

Custodian and Paying Agent Report. (a) The Custodian and Paying Agent shall cause to be furnished to the Private Owner, the Initial MemberReceiver, the Purchase Money Notes Guarantor, Guarantor and the NGPMN Collateral Agent, the Collateral Agent and the Advance Lender no later than 12:00 noon, New York City time, on each Distribution Date, a report for the applicable Due Period (the “Custodian and Paying Agent Report”) with respect to the Assets Loans and Collateral (including the Accounts setting forth in reasonable detail the balances of and any investments in the such Accounts as of such date and all deposits to and disbursements, including of all Asset Loan Proceeds or the Management Fee from such Accounts, including the date on which made, since the date of the previous report) held by the Custodian and Paying Agent pursuant to this Agreement and on such other information as may otherwise be agreed by the parties with respect to such Due Period, all as set forth on Exhibit K. The Custodian and Paying Agent shall follow the procedures and perform the calculations and reconciliations required to prepare the Custodian and Paying Agent Report, in each case as set forth on Exhibit K. The Custodian and Paying Agent shall also shall make such Custodian and Paying Agent Reports available to Note Owners each month in accordance with Section 2.7(k) via the Paying Agent’s internet website. Access to all information on the Paying Agent’s internet website will be restricted to Note Owners who provide the Paying Agent with a separate investor certification substantially in the form of Exhibit O attached to this Agreementhereto. As a condition to accessing the Paying Agent’s internet website, the Paying Agent may require registration and the acceptance of a disclaimer. The Paying Agent will not be liable for the dissemination of information in accordance with this Agreement. (b) The Custodian and Paying Agent Report shall be based on information included in (i) the Manager’s Monthly Report for the applicable Due Period and certified by an Authorized Representative of the Manager, (ii) the Distribution Date Report for the applicable Due Period and (iii) such other information as might be agreed upon by the parties, all as set forth in Exhibit K.

Custodian and Paying Agent Report. (a) The Custodian and Paying Agent shall cause to be furnished to the Private Owner, Owner and the Initial Member, the Purchase Money Notes Guarantor, the NGPMN Agent, the Collateral Agent and the Advance Lender no later than 12:00 noon, New York City time, on each Distribution Date, a report for the applicable Due Period (the “"Custodian and Paying Agent Report”") with respect to the Assets and Collateral (including the Accounts setting forth in reasonable detail the balances of and any investments in the Accounts as of such date and all deposits to and disbursements, including all Asset Proceeds or the Management Fee disbursements from such Accounts, including the date on which made, since the date of the previous report) held by the Custodian and Paying Agent pursuant to this Agreement and on such other information as may otherwise be agreed by the parties with respect to such Due Period, all as set forth on Exhibit K. K hereto. The Custodian and Paying Agent shall follow the procedures and perform the calculations and reconciliations required to prepare the Custodian and Paying Agent Report, in each case as set forth on Exhibit K. The Custodian and Paying Agent also shall make such Custodian and Paying Agent Reports available to Note Owners each month in accordance with Section 2.7(k) via the Paying Agent’s internet website. Access to all information on the Paying Agent’s internet website will be restricted to Note Owners who provide the Paying Agent with a separate investor certification substantially in the form of Exhibit O attached to this AgreementK hereto. As a condition to accessing the Paying Agent’s 's internet website, the Paying Agent may require registration and the acceptance of a disclaimer. The Paying Agent will not be liable for the dissemination of information in accordance with this Agreement. (b) The Custodian and Paying Agent Report shall be based on information included in (i) the Manager’s 's Monthly Report for the applicable Due Period and certified by an Authorized Representative of the Manager, (ii) the Cash Flow and Distribution Date Report for the applicable Due Period and (iii) such other information as might may be agreed upon by the parties, all as set forth in Exhibit K.K hereto.