Common use of Initial and Continuing Reports Clause in Contracts

Initial and Continuing Reports. On or before the Date of Issuance, the Servicer and the Originator will provide the Insurer a copy of the magnetic tape to be delivered to the Indenture Trustee on the Closing Date setting forth as to each Contract, the information required in the Schedule of Contracts. Thereafter, the Servicer shall deliver to the Insurer not later than 12:00 noon, New York City time, on each Determination Date the report required by Section 3.8 of the Sale and Servicing Agreement.

Appears in 2 contracts

Samples: Insurance Agreement (Santander Drive Auto Receivables Trust 2007-3), Insurance Agreement (Santander Drive Auto Receivables Trust 2007-1)

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Initial and Continuing Reports. On or before the Date of IssuanceClosing Date, the Servicer and the Originator will provide the Insurer a copy of the magnetic tape to be delivered to the Indenture Trustee on the Closing Date setting forth as to each Contract, the information required under the definition of "Contract Schedule" in Section 1.1 of the Schedule of ContractsSale and Allocation Agreement. Thereafter, the Servicer shall deliver to the Insurer not later than 12:00 noon, New York City time, on each Determination Date the report required by Section 3.8 3.7 of the Sale and Servicing Allocation Agreement.

Appears in 1 contract

Samples: Insurance Agreement (First Investors Financial Services Group Inc)

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Initial and Continuing Reports. On or before the Date of IssuanceClosing Date, the Servicer and the Originator will provide the Insurer a copy of the magnetic tape to be delivered to the Indenture Trustee on the Closing Date setting forth as to each Contract, the information required under the definition of “Contract Schedule” in Section 1.1 of the Schedule of ContractsSale and Allocation Agreement. Thereafter, the Servicer shall deliver to the Insurer not later than 12:00 noon, New York City time, on each Determination Date the report required by Section 3.8 of the Sale and Servicing Allocation Agreement.

Appears in 1 contract

Samples: Insurance Agreement (First Investors Financial Services Group Inc)

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