Common use of Delivery of Monthly Settlement Report Clause in Contracts

Delivery of Monthly Settlement Report. Unless ------------------------------------- otherwise specified in the Supplement with respect to any Outstanding Series, the Master Servicer hereby covenants and agrees that it shall deliver to each Funding Agent, the Liquidation Servicer, the Company, the Trustee and each Rating Agency by 12:30 p.m. London time, on each Settlement Report Date, a certificate of a Responsible Officer of the Master Servicer substantially in the form of Exhibit C to the Pooling Agreement (a "Monthly Settlement Report") ------------------------- setting forth, as of the last day of the Settlement Period most recently ended and for such Settlement Period, to the best of the Master Servicer's knowledge, (a) the information described in the form of the Monthly Settlement Report including such changes as may be agreed to by the Master Servicer, the Liquidation Servicer, the Company, the Trustee and each Funding Agent (if any) and subject to satisfaction of the Rating Agency Condition (unless a Responsible Officer of the Master Servicer certifies that such changes could not reasonably be expected to have a material adverse effect on the interest of the Trust or the Investor Certificateholders for the applicable Series under the Transaction Documents), (b) a list of any Obligors or Approved Obligor Countries with debt ratings that have been either reduced or withdrawn during such Settlement Period, (c) the amount of Servicer Advances made by the Master Servicer during the related Settlement Period and the Outstanding Amount Advanced as of the end of the related Settlement Period and (d) such other information as the Trustee, the Liquidation Servicer or any Funding Agent may reasonably request. Such certificate shall include a certification by a Responsible Officer of the Master Servicer (subject to Section 8.11 hereof) that, (i) to such Responsible ------------ Officer's knowledge, the information contained therein is true and correct in all material respects and (ii) the Master Servicer has performed all of its obligations in all material respects under each Transaction Document to which it is a party throughout such preceding Settlement Period (or, if there has been a default in the performance of any such obligation, specifying each such default known to such Responsible Officer and the nature and status thereof). A copy of each Monthly Settlement Report may be obtained by any Holder by a request in writing to the Trustee addressed to the Corporate Trust Office. The Monthly Settlement Report must be delivered in an electronic format mutually agreed upon by the Master Servicer, the Trustee, the Liquidation Servicer and each Funding Agent, or if such electronic copy is not available, by facsimile (electronic form of such Monthly Settlement Report to be provided as soon as it becomes available).

Delivery of Monthly Settlement Report. Unless ------------------------------------- otherwise specified in the Supplement with respect to any Outstanding Series, the The Master Servicer hereby covenants and agrees that it shall deliver to each Funding Agent, the Liquidation ServicerAdministrative Agent, the Company, Company and the Trustee and each Rating Agency Collateral Agent by 12:30 p.m. London 10:00 a.m. New York time, on each Settlement Report Date, a certificate of a Responsible Officer of the Master Servicer substantially in the form of Exhibit C Schedule 12 to the Pooling U.S. Receivables Loan Agreement (a "“Monthly Settlement Report"”) ------------------------- setting forth, as of the last day of the Settlement Period most recently ended and for such Settlement Period, to the best of the Master Servicer's ’s knowledge, (a) the information described in the form of the Monthly Settlement Report including such changes as may be agreed to by the Master Servicer, the Liquidation Servicer, the Company, the Trustee Collateral Agent, the Administrative Agent and each Funding Agent (if any) and subject to satisfaction of the Rating Agency Condition (unless a Responsible Officer of the Master Servicer certifies that such changes could not reasonably be expected to have a material adverse effect on the interest of the Trust or the Investor Certificateholders for the applicable Series under the Transaction Documents), (b) a list of any Obligors or Approved Obligor Countries with debt ratings that have been either reduced or withdrawn during such Settlement Period, (c) the amount of Servicer Advances made by the Master Servicer during the related Settlement Period and the Outstanding Amount Advanced as of the end of the related Settlement Period Period, (c) Day Sales Outstanding for the reported Settlement Period, and (d) such other information as the TrusteeCollateral Agent, the Liquidation Servicer Administrative Agent or any Funding Agent may reasonably request. Such certificate shall include a certification by a Responsible Officer of the Master Servicer (subject to Section 8.11 hereof8.12) that, (i) to such Responsible ------------ Officer's ’s knowledge, the information contained therein is true and correct in all material respects and (ii) the Master Servicer has performed all of its obligations in all material respects under each Transaction Document to which it is a party throughout such preceding Settlement Period (or, if there has been a default in the performance of any such obligation, specifying each such default known to such Responsible Officer and the nature and status thereof). A copy of each Monthly Settlement Report may be obtained by any Holder Lender by a request in writing to the Trustee addressed to the Corporate Trust Officeits Funding Agent. The Monthly Settlement Report must be delivered in an electronic format mutually agreed upon by the Master Servicer, the TrusteeCollateral Agent, the Liquidation Servicer Administrative Agent and each Funding Agent, or if such electronic copy is not available, by facsimile (with the electronic form of such Monthly Settlement Report to be provided as soon as it becomes available).

Delivery of Monthly Settlement Report. Unless ------------------------------------- otherwise specified in the Supplement with respect to any Outstanding Series, the Master Servicer hereby covenants and agrees that it shall deliver to each Funding Agent, the Liquidation Servicer, the Company, the Trustee and each Rating Agency by 12:30 p.m. London time, on each Settlement Report Date, a certificate of a Responsible Officer of the Master Servicer substantially in the form of Exhibit C to the Pooling Agreement (a "Monthly Settlement Report") ------------------------- setting forth, as of the last day of the Settlement Period most recently ended and for such Settlement Period, to the best of the Master Servicer's knowledge, (a) the information described in the form of the Monthly Settlement Report including such changes as may be agreed to by the Master Servicer, the Liquidation Servicer, the Company, the Trustee and each Funding Agent (if any) and subject to satisfaction of the Rating Agency Condition (unless a Responsible Officer of the Master Servicer certifies that such changes could not reasonably be expected to have a material adverse effect on the interest of the Trust or the Investor Certificateholders for the applicable Series under the Transaction Documents), (b) a list of any Obligors or Approved Obligor Countries with debt ratings that have been either reduced or withdrawn during such Settlement Period, (c) the amount of Servicer Advances made by the Master Servicer during the related Settlement Period and the Outstanding Amount Advanced as of the end of the related Settlement Period Period, (d) Day Sales Outstanding for the reported Settlement Period, provided that if the Day Sales Outstanding exceeds 60 days, a notice shall be given to the Series 2001-1 Rating Agencies and (de) such other information as the Trustee, the Liquidation Servicer or any Funding Agent may reasonably request. Such certificate shall include a certification by a Responsible Officer of the Master Servicer (subject to Section 8.11 hereof) that, (i) to such Responsible ------------ Officer's knowledge, the information contained therein is true and correct in all material respects and (ii) the Master Servicer has performed all of its obligations in all material respects under each Transaction Document to which it is a party throughout such preceding Settlement Period (or, if there has been a default in the performance of any such obligation, specifying each such default known to such Responsible Officer and the nature and status thereof). A copy of each Monthly Settlement Report may be obtained by any Holder by a request in writing to the Trustee addressed to the Corporate Trust Office. The Monthly Settlement Report must be delivered in an electronic format mutually agreed upon by the Master Servicer, the Trustee, the Liquidation Servicer and each Funding Agent, or if such electronic copy is not available, by facsimile (electronic form of such Monthly Settlement Report to be provided as soon as it becomes available).

Delivery of Monthly Settlement Report. Unless ------------------------------------- otherwise specified in the Supplement with respect to any Outstanding Series, the Master Servicer hereby covenants and agrees that it shall deliver to each Funding Agent, the Liquidation Servicer, the Company, Company and the Trustee and each Rating Agency by 12:30 p.m. London time, on each Settlement Report Date, a certificate of a Responsible Officer of the Master Servicer substantially in the form of Exhibit C to the Pooling Agreement (a "“Monthly Settlement Report"”) ------------------------- setting forth, as of the last day of the Settlement Period most recently ended and for such Settlement Period, to the best of the Master Servicer's ’s knowledge, (a) the information described in the form of the Monthly Settlement Report including such changes as may be agreed to by the Master Servicer, the Liquidation Servicer, the Company, the Trustee and each Funding Agent (if any) and subject to satisfaction of the Rating Agency Condition (unless a Responsible Officer of the Master Servicer certifies that such changes could not reasonably be expected to have a material adverse effect on the interest of the Trust or the Investor Certificateholders for the applicable Series under the Transaction Documents), (b) a list of any Obligors or Approved Obligor Countries with debt ratings that have been either reduced or withdrawn during such Settlement Period, (c) the amount of Servicer Advances made by the Master Servicer during the related Settlement Period and the Outstanding Amount Advanced as of the end of the related Settlement Period Period, (d) Day Sales Outstanding for the reported Settlement Period, and (de) such other information as the Trustee, the Liquidation Servicer or any Funding Agent may reasonably request. Such certificate shall include a certification by a Responsible Officer of the Master Servicer (subject to Section 8.11 hereof) that, (i) to such Responsible ------------ Officer's ’s knowledge, the information contained therein is true and correct in all material respects and (ii) the Master Servicer has performed all of its obligations in all material respects under each Transaction Document to which it is a party throughout such preceding Settlement Period (or, if there has been a default in the performance of any such obligation, specifying each such default known to such Responsible Officer and the nature and status thereof). A copy of each Monthly Settlement Report may be obtained by any Holder by a request in writing to the Trustee addressed to the Corporate Trust Office. The Monthly Settlement Report must be delivered in an electronic format mutually agreed upon by the Master Servicer, the Trustee, the Liquidation Servicer and each Funding Agent, or if such electronic copy is not available, by facsimile (electronic form of such Monthly Settlement Report to be provided as soon as it becomes available).