Common use of DELIVERY OF MONTHLY SETTLEMENT STATEMENT Clause in Contracts

DELIVERY OF MONTHLY SETTLEMENT STATEMENT. Unless otherwise specified in the Supplement with respect to any Outstanding Series, the Servicer hereby covenants and agrees that it shall deliver to the Company, the Trustee, the relevant Agent, if any, and each Rating Agency by 11:00 a.m., New York City time, on each Settlement Report Date, a certificate of a Responsible Officer of the Servicer substantially in the form attached to the related Supplement for each such Outstanding Series (a "Monthly Settlement Statement") setting forth, as of the last day of the Settlement Period most recently ended and for such Settlement Period, (a) the information described in the form of such Monthly Settlement Statement with such changes as may be agreed to by the Servicer, the Company, the Trustee and the relevant Agent, if any, subject to satisfaction of the Rating Agency Condition (unless a Responsible Officer of the Servicer certifies that such changes could not reasonably be expected to have a materially adverse effect Servicing Agreement 13 on the interests of the Trust or the Investor Certificateholders for the applicable Series under the Transaction Documents) and (b)such other information as the Trustee or the relevant Agent, if any, may reasonably request. Such certificate shall include a certification by a Responsible Officer of the Servicer that, to such Responsible Officer's knowledge, the information contained therein is true and correct in all material respects and the Servicer has performed all of its respective 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 Statement may be obtained by any Holder by a request in writing to the Trustee addressed to the Corporate Trust Office.

Appears in 1 contract

Samples: Servicing Agreement (American Axle & Manufacturing Holdings Inc)

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DELIVERY OF MONTHLY SETTLEMENT STATEMENT. Unless otherwise specified in the Supplement with respect to any Outstanding Series, the Servicer hereby covenants and agrees that it shall deliver to the Company, the Trustee, the relevant Agent, if any, each Agent and each Rating Agency by 11:00 a.m., New York City Chicago time, on each Settlement Report Date, a certificate of a Responsible Officer of the Servicer substantially in the form attached to the related Supplement for of each such Outstanding Series (a "Monthly Settlement StatementMONTHLY SETTLEMENT STATEMENT") setting forth, as of the last day of the Settlement Accrual Period most recently ended and for such Settlement Accrual Period, (a) the information described in the form of such Monthly Settlement Statement Statement, with such changes as may be agreed to by the Servicer, the Company, the Trustee Servicer and the relevant Agent, if anyTrustee, subject to satisfaction of the Rating Agency Condition Condition, if applicable, (unless a Responsible Officer of the Servicer certifies that such changes could not reasonably be expected to have a materially adverse effect Servicing Agreement 13 on the interests of the Trust or the Investor Certificateholders for the applicable Series under the Transaction Documents) ); PROVIDED that the Monthly Settlement Statement for the Accrual Periods of April 2003 and (b)such other information May 2003 shall take such form as agreed upon by the Trustee or the relevant Servicer and each respective Agent, if any, may reasonably requestof each Series. Such The delivery of such certificate shall include constitute a certification by a Responsible Officer of the Servicer that, to such Responsible Officer's knowledge, (i) the information contained therein is true a true, accurate and correct complete accounting in all material respects of the matters set therein as required by the Transaction Documents, (ii) all representations and warranties contained in the Pooling Agreement, this Agreement and the Servicer other Transaction Documents are remade and reaffirmed as of the date thereof (except to the extent such representation or warranty speaks as of another date), and (iii) to the best of the knowledge of the Servicer, after due inquiry, no Early Amortization Event or Potential Early Amortization Event has performed all of its respective obligations in all material respects under each Transaction Document to which it occurred and 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)continuing. A copy of each Monthly Settlement Statement may be obtained by any Holder by Investor Certificateholder upon a request in writing to the Trustee addressed to the Corporate Trust Office.

Appears in 1 contract

Samples: Servicing Agreement (United Stationers Supply Co)

DELIVERY OF MONTHLY SETTLEMENT STATEMENT. Unless otherwise specified in the Supplement with respect to any Outstanding Series, the Servicer hereby covenants and agrees that it shall deliver to the Company, the Trustee, the relevant Agent, if any, each Agent and each Rating Agency by 11:00 a.m., New York City time, on each Settlement Report Date, a certificate of a Responsible Officer of the Servicer substantially in the form attached to the related Supplement for of each such Outstanding Series (a "Monthly Settlement StatementMONTHLY SETTLEMENT STATEMENT") setting forth, as of the last day of the Settlement Period most recently ended and for such Settlement Period, (a) the information described in the form of such Monthly Settlement Statement Statement, with such changes as may be agreed to by the Servicer, the Company, the Trustee Servicer and the relevant Agent, if anyTrustee, subject to satisfaction of the Rating Agency Condition (unless a Responsible Officer of the Servicer certifies that such changes could not reasonably be expected to have a materially adverse effect Servicing Agreement 13 on the interests of the Trust or the Investor Certificateholders for the applicable Series under the Transaction Documents) and (b)such b) such other information as the Trustee or the relevant Agent, if any, may reasonably request. Such certificate shall include a certification by a Responsible Officer of the Servicer that, to the best of such Responsible Officer's knowledge, the information contained therein is true and correct in all material respects and the Servicer has performed all of its respective obligations in all material respects all of its obligations under each Transaction Document to which it is a party throughout such preceding Settlement Period (or, if there has been a material default in the performance of any such obligation, specifying each such default known to such Responsible Officer officer and the nature and status thereof). A copy of each Monthly Settlement Statement may be obtained by any Holder by Investor Certificateholder upon a request in writing to the Trustee addressed to the Corporate Trust Office.

Appears in 1 contract

Samples: Servicing Agreement (Rykoff Sexton Inc)

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DELIVERY OF MONTHLY SETTLEMENT STATEMENT. Unless otherwise specified in the Supplement with respect to any Outstanding Series, the Servicer hereby covenants and agrees that it shall deliver to the Company, the Trustee, the relevant Agent, if any, each Agent and each Rating Agency by 11:00 a.m., New York City time, on each Settlement Report Date, a certificate of a Responsible Officer of the Servicer substantially in the form attached to the related Supplement for of each such Outstanding Series (a "Monthly Settlement StatementMONTHLY SETTLEMENT STATEMENT") setting forth, as of the last day of the Settlement Period most recently ended and for such Settlement Period, (aPeriod,(a) the information described in the form of such Monthly Settlement Statement Statement, with such changes as may be agreed to by the Servicer, the Company, the Trustee Servicer and the relevant Agent, if anyTrustee, subject to satisfaction of the Rating Agency Condition (unless a Responsible Officer of the Servicer certifies that such changes could not reasonably be expected to have a materially adverse effect Servicing Agreement 13 on the interests of the Trust or the Investor Certificateholders for the applicable Series under the Transaction Documents) and (b)such b) such other information as the Trustee or the relevant Agent, if any, may reasonably request. Such certificate shall include a certification by a Responsible Officer of the Servicer that, to the best of such Responsible Officer's knowledge, the information contained therein is true and correct in all material respects and the Servicer has performed all of its respective obligations in all material respects all of its obligations under each Transaction Document to which it is a party throughout such preceding Settlement Period (or, if there has been a material default in the performance of any such obligation, specifying each such default known to such Responsible Officer officer and the nature and status thereof). A copy of each Monthly Settlement Statement may be obtained by any Holder by Investor Certificateholder upon a request in writing to the Trustee addressed to the Corporate Trust Office.

Appears in 1 contract

Samples: Servicing Agreement (Core Mark International Inc)

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