Common use of Delivery of Daily Reports Clause in Contracts

Delivery of Daily Reports. Unless otherwise specified ------------------------- in the Supplement with respect to any Series, on each Local Business Day and with respect to each Outstanding Series, each Originator shall deliver to the Master Servicer, a written report (an "Originator Daily Report" or in the case ----------------------- of UK Originator the "UK Originator Daily Report") by 10 a.m. London time on the -------------------------- Local Business Day following each date of sale or contribution of Receivables, setting forth for such date of sale or offer, as the case may be a description of Receivables sold or offered for sale, as the case may be to Huntsman International. In the case of the UK Originators, each UK Originator Daily Report shall be sent only to the Master Servicer at the same time as the making of an offer in accordance with Section 2 of the U.K. Receivables Purchase Agreement. Notwithstanding anything to the contrary in any of the Transaction Documents, no UK Originator Daily report shall be produced except in accordance with Section 2.1 of the UK Receivables Purchase Agreement and in accordance with this Section 4.01. The Master Servicer shall, immediately upon receipt of such UK Originator Daily Report and the related Offer Letter (all in accordance with Section 2.1 of the U.K. Receivables Purchase Agreement): (A) transmit a copy of such UK Originator Daily Report and Offer Letter to Huntsman International; (B) print out such UK Originator Daily Report and Offer Letter in full; (C) when the printing out referred to in (B) above has been completed, notify Huntsman International that it has received a copy of such Daily Report and the related Offer Letter and has printed out the same in full; and (D) provide a copy of such notification referred to in (C) above to the Trustee and Funding Agent. No such notification shall be sent to the Company. In no event shall any Originator Daily Report be signed by any party; provided, however that delivery -------- ------- of such Report to the Master Servicer shall constitute a deemed representation by such Originator that such Report is true and correct. On each Business Day, the Master Servicer or its designee shall deliver to the Trustee, the Liquidation Servicer and each Funding Agent no later than 12:30 p.m. London time, a written report substantially in the form attached as Exhibit B to the Pooling Agreement (the "Daily Report") setting forth, for ------------ such Business Day the amount of Aggregate Daily Collections appearing in the Company Concentration Accounts, the amount of initial Collections received on the previous Business Day (the "Reported Day") and appearing in the Collection ------------ Accounts; the amount of Receivables contributed by the Contributor to the Company, and for which a Participation and security interest has been granted by the Company to the Trust; the amount of Ineligible Receivables (if any) identified on the Reported Day; the amount of Servicer Advances deposited in the Series Principal Subaccount on such day, plus the total amount of Servicer Advance outstanding and not yet repaid as of such date; and such other information as the Company, the Trustee or such Funding Agent may reasonably request. The Daily Report must be delivered in an electronic format mutually agreed upon by the Master Servicer, the Liquidation Servicer, the Trustee and the Funding Agent, or if such electronic copy is not available, by facsimile (electronic form of such Daily Report to be provided as soon as it is available). By delivery of a Daily Report, the Master Servicer shall be deemed to have made a representation and warranty that all information set forth therein is true and correct.

Delivery of Daily Reports. Unless otherwise specified ------------------------- in the Supplement with respect to any Series, on each Local Business Day and with respect to each Outstanding Series, each Originator shall deliver to the Master Servicer, a written report (an "“Originator Daily Report" or in the case ----------------------- of UK Originator the "UK Originator Daily Report"”) by 10 a.m. London time on the -------------------------- Local Business Day following each date of sale or contribution of Receivables, setting forth for such date of sale or offer, as the case may be be, a description of Receivables sold or offered for sale, as the case may be be, to Huntsman International. In the case of the UK Originators, each UK Originator Daily Report shall be sent only to the Master Servicer at the same time as the making of an offer in accordance with Section 2 of the U.K. Receivables Purchase Agreement. Notwithstanding anything to the contrary in any of the Transaction Documents, no UK Originator Daily report shall be produced except in accordance with Section 2.1 of the UK Receivables Purchase Agreement and in accordance with this Section 4.01. The Master Servicer shall, immediately upon receipt of such UK Originator Daily Report and the related Offer Letter (all in accordance with Section 2.1 of the U.K. Receivables Purchase Agreement): (A) transmit a copy of such UK Originator Daily Report and Offer Letter to Huntsman International; (B) print out such UK Originator Daily Report and Offer Letter in full; (C) when the printing out referred to in (B) above has been completed, notify Huntsman International that it has received a copy of such Daily Report and the related Offer Letter and has printed out the same in full; and (D) provide a copy of such notification referred to in (C) above to the Trustee and Funding Agent. No such notification shall be sent or conveyed to the Company. In no event shall any Originator Daily Report be signed by any party; provided, however that delivery -------- ------- of such Report to as the Master Servicer shall constitute a deemed representation by such Originator that such Report is true and correctcase may be. On each Business Day, the Master Servicer or its designee shall deliver to the Trustee, the Liquidation Servicer and each Funding Agent no later than 12:30 p.m. London time, a written report substantially in the form attached as Exhibit B to the Pooling Agreement (the "“Daily Report"”) setting forth, for ------------ such Business Day the amount of Aggregate Daily Collections appearing in the Company Concentration Accounts, the amount of initial Collections received on the previous Business Day (the "“Reported Day"”) and appearing in the Collection ------------ Accounts; the amount of Receivables contributed by the Contributor to the Company, and for which a Participation and security interest has been granted by the Company to the Trust; the amount of Ineligible Receivables (if any) identified on the Reported Day; the amount of Servicer Advances deposited in the Series Principal Concentration Subaccount or the Series Non-Principal Concentration Subaccount on such day, plus the total amount of Servicer Advance outstanding and not yet repaid as of such date; and such other information as the Company, the Trustee or such Funding Agent may reasonably request. The Daily Report must be delivered in an electronic format mutually agreed upon by the Master Servicer, the Liquidation Servicer, the Trustee and the Funding Agent, or if such electronic copy is not available, by facsimile (electronic form of such Daily Report to be provided as soon as it is available). By delivery of a Daily Report, the Master Servicer shall be deemed to have made a representation and warranty that it has determined in accordance with the requirements for calculations and determinations provided for under the Transaction Documents, all information set forth therein is true and correct.

Delivery of Daily Reports. Unless otherwise specified ------------------------- in the Supplement with respect to any Series, on each Local Business Day and with respect to each Outstanding Series, each Originator shall deliver to the Master Servicer, a written report (an "Originator Daily Report" or in the case ----------------------- of UK Originator the "UK Originator Daily Report") by 10 a.m. London time on the -------------------------- Local Business Day following each date of sale or contribution of Receivables, setting forth for such date of sale or offer, as the case may be be, a description of Receivables sold or offered for sale, as the case may be be, to Huntsman InternationalInternational or conveyed to the Company, as the case may be. In the case of the UK Originators, each UK Originator Daily Report shall be sent only to the Master Servicer at the same time as the making of an offer in accordance with Section 2 of the U.K. UK Receivables Purchase Agreement. Notwithstanding anything to the contrary in any of the Transaction Documents, no UK Originator Daily report shall be produced except in accordance with Section 2.1 of the UK Receivables Purchase Agreement and in accordance with this Section 4.01. The Master Servicer shall, immediately upon receipt of such UK Originator Daily Report and the related Offer Letter (all in accordance with Section 2.1 of the U.K. UK Receivables Purchase Agreement): (A) transmit a copy of such UK Originator Daily Report and Offer Letter to Huntsman International; (B) print out such UK Originator Daily Report and Offer Letter in full; (C) when the printing out referred to in (B) above has been completed, notify Huntsman International that it has received a copy of such UK Originator Daily Report and the related Offer Letter and has printed out the same in full; and (D) provide a copy of such notification referred to in (C) above to the Trustee and Funding Agent. No such notification shall be sent to the Company. In no event shall any Originator Daily Report be signed by any party; provided, however that delivery -------- ------- of such Originator Daily Report to the Master Servicer shall constitute a deemed representation by such Originator that such Originator Daily Report is true and correct. On each Business Day, the Master Servicer or its designee shall deliver to the Trustee, the Liquidation Servicer and each Funding Agent no later than 12:30 p.m. London time, a written report substantially in the form attached as Exhibit B to the Pooling Agreement (the "Daily Report") setting forth, for ------------ such Business Day the amount of Aggregate Daily Collections appearing in the Company Concentration Accounts, the amount of initial Collections received on the previous Business Day (the "Reported Day") and appearing in the Collection ------------ Accounts; the amount of Receivables contributed by the Contributor to the Company, and for which a Participation and security interest has been granted by the Company to the Trust; the amount of Ineligible Receivables (if any) identified on the Reported Day; the amount of Servicer Advances deposited in the Series Principal Subaccount on such day, plus the total amount of Servicer Advance outstanding and not yet repaid as of such date; and such other information as the Company, the Trustee or such Funding Agent may reasonably request. The Daily Report must be delivered in an electronic format mutually agreed upon by the Master Servicer, the Liquidation Servicer, the Trustee and the Funding Agent, or if such electronic copy is not available, by facsimile (electronic form of such Daily Report to be provided as soon as it is available). By delivery of a Daily Report, the Master Servicer shall be deemed to have made a representation and warranty that all information set forth therein is true and correct.