Monthly. Not later than the 20th calendar day (or, if such day is not a Business Day, on the next succeeding Business Day) of each calendar month (other than the calendar months in which a Payment Date occurs) and commencing in May 2020, the Issuer shall compile and make available (or cause to be compiled and made available) to the Rating Agency, the Trustee, the Collateral Manager, the Initial Purchaser and each other Holder shown on the Register and any beneficial owner of a Note who has delivered a Beneficial Ownership Certificate to the Trustee a monthly report on a settlement date basis (except as otherwise expressly provided in this Indenture) (each such report a “Monthly Report”). As used herein, the “Monthly Report Determination Date” with respect to any calendar month will be the 10th Business Day preceding the date the Monthly Report is made available. The Monthly Report for a calendar month shall contain the following information with respect to the Collateral Obligations and Eligible Investments included in the Assets, and shall be determined as of the close of business on the Monthly Report Determination Date for such calendar month:
Monthly. On or prior to the 20th calendar day of each calendar month, beginning with November 2023 (such date, the “Monthly Reporting Date”), the Collateral Agent shall compile and provide (or cause to be provided) to the Agents, the Equityholder, the Borrower and the Lenders, a monthly report for the prior calendar month (each, a “Monthly Report”) in accordance with this Section 8.07. The Investment Advisor shall provide to the Collateral Agent information as is reasonably requested by the Collateral Agent or necessary to produce the Monthly Report. The Collateral Agent shall, based, in part, on the information provided to it, calculate: (i) Aggregate Net Collateral Balance, (ii) Borrowing Base, (iii) Excess Concentration Amount, (iv) Maximum Available Amount, (v) each Coverage Test, (vi) for any Payment Date Report, completion of Priority of Payments pursuant to Section 9.01(a), (vii) balances for each of the Covered Accounts, (viii) EOD Borrowing Base, (ix) EOD OC Ratio, (x) EOD OC Ratio Breach, (xi) Distribution Borrowing Base and (xii) such other calculations as may be mutually agreed upon by the Collateral Agent, the Investment Advisor and the Administrative Agent. As used herein, the “Monthly Report Determination Date” with respect to any calendar month in which a Payment Date does not occur (or, if such day is not a Business Day, the next Business Day) will be the last day of such calendar month. The Monthly Report for a calendar month shall contain the information with respect to the Collateral Assets and Eligible Investments included in the Collateral that is agreed to by the Investment Advisor, the Administrative Agent and the Collateral Agent from time to time, and shall be determined as of the Monthly Report Determination Date for such calendar month. The Investment Advisor shall cooperate with the Collateral Agent in connection with the preparation of the Monthly Reports and each daily report delivered pursuant to Section 8.07(c) below. Without limiting the generality of the foregoing, the Investment Advisor shall timely supply any information maintained by it that the Collateral Agent may from time to time reasonably request and reasonably needs to complete the calculations and reports required to be prepared by the Collateral Agent hereunder or required to permit the Collateral Agent to perform its obligations hereunder In addition, the Borrower shall provide (or cause to be provided) in each Monthly Report a statement setting forth in reasonable de...
Monthly. On a monthly basis during the execution of the Work by the CM/GC and in equal proportions to the amount of Work certified for payment by the Design Professional on the CM/GC’s Application for Payment, which may be adjusted to account for design activities such as reviews of submittals, until such monthly payments equal 95% of the Basic Construction Contract Administration Services Fee.
Monthly. On each Monthly Report Date, the Collateral Agent pursuant to Section 8.10 hereof, on behalf of the Borrower shall compile and provide to the Agents, the Portfolio Manager and the Lenders, a monthly report on a trade basis (each a “Monthly Report”), determined as of the close of business on the related Monthly Report Determination Date. The first Monthly Report shall be delivered in July 2022. The final Monthly Report shall be delivered on the Final Maturity Date and shall be determined on the sixth Business Day prior to the Final Maturity Date. The Monthly Report for a calendar month shall contain the information with respect to the Facility and the Collateral Obligations and Eligible Investments included in the Collateral set forth in Part 1 of Schedule 2 hereto, and shall be determined as of the Monthly Report Determination Date for such calendar month. Three Business Days prior to each Monthly Report Date, the Collateral Agent, pursuant to Section 8.10 hereof, on behalf of the Borrower, shall deliver to the Portfolio Manager a draft of the Monthly Report relating to such Monthly Report Date for review and approval. Upon receipt of each draft Monthly Report, the Portfolio Manager shall compare the information contained in such Monthly Report to the information contained in its records with respect to the Collateral and shall, within two Business Days after receipt of such draft Monthly Report, notify the Borrower and the Collateral Agent if the information contained in the draft Monthly Report does not conform to the information maintained by the Portfolio Manager with respect to the Collateral or whether such Monthly Report is approved. In the event that any discrepancy exists, the Collateral Agent and the Portfolio Manager shall attempt to resolve the discrepancy. If such discrepancy cannot be promptly resolved, the Portfolio Manager shall within 1 Business Day request that the Independent Accountants appointed by the Borrower pursuant to Section 8.08 review such draft Monthly Report and the Collateral Agent’s records to determine the cause of such discrepancy. If such review reveals an error in the Monthly Report or the Collateral Agent’s records, the Borrower (or the Portfolio Manager on its behalf) shall direct the Collateral Agent to revise the Monthly Report and its records accordingly and, as so revised, shall be utilized in making all calculations pursuant to this Agreement and notice of any error in the Monthly Report shall be sent as soon as ...
Monthly. Beginning with the issuance of the Contractor’s Notice to proceed, 95% of the Basic Construction Contract Administration Services Fee shall be payable in equal monthly portions based on the number of months in the Construction Schedule to reach Material Completion.
Monthly. Exhaust system for cooker: check and clean at a minimum once each month. Freezers: Clean and sanitize walls once each month. Chillers: Clean and sanitize walls once each month.
Monthly. Sweep and clean stairwell and behind yellow line in shop area (Kiamensi)
Monthly. Shall be per calendar month regardless of the number of days in that month. All work to be performed on a monthly basis shall be performed during the first full week of that month.
Monthly. 1. Tax Lot Ledgers as of month-end 2. Working Appraisal as of month-end 3. Purchase and Sale Journal for the month 4. Summary of Gains and Losses on Securities for the month 5. Dividend Ledger for the month (Receivable as of month-end and earned) 6. Interest Income Analysis for the month (receivable as of month-end and earned) 7. Trial Balance as of month-end 8. Net Asset Value Worksheet as of month-end 9. Open Trades (payable and receivable for unsettled securities transactions)
Monthly. As soon as practicable, and in any event within thirty (30) days after the end of each Fiscal Month (including each Fiscal Month occurring during Rail's final Fiscal Quarter of each Fiscal Year):
(i) consolidated statements of income, retained earnings and cash flow of such Borrower and its Subsidiaries (other than Excluded Subsidiaries) for such Fiscal Month and for the period from the beginning of the then current Fiscal Year to the end of such Fiscal Month and a consolidated balance sheet of such Borrower and its Subsidiaries (other than Excluded Subsidiaries) as of the end of such Fiscal Month, all in reasonable detail and certified as accurate by an Authorized Officer of such Borrower pursuant to a certificate in the form of Exhibit E attached hereto, subject to changes resulting from normal year-end adjustments;
(ii) statements in which the actual consolidated cash flow and income of such Borrower and its Subsidiaries (other than Excluded Subsidiaries) for such Fiscal Month and for the period from the start of the then current Fiscal Year to the end of such Fiscal Month, and the actual consolidated balance sheets of such Borrower and its Subsidiaries (other than Excluded Subsidiaries) at the end of such Fiscal Month (in each case as required to be delivered pursuant to Subsection 7.1(A)(i) hereof) are compared with the corresponding consolidated projected statements of income and balance sheet for such periods and time furnished to the Lenders pursuant to Subsection 7.1(C) below, in each case in the same format as the audited statement of income and the audited balance sheet;
(a) copies of all operating statements for such Fiscal Month prepared by such Borrower and its Subsidiaries (other than Excluded Subsidiaries) for internal use, including, without limitation, statements of cash flow, purchases and sales of inventory and other similar data in each case as Agent may reasonably request, and (b) a comparison of actual capital expenditures for such Borrower and its Subsidiaries (other than Excluded Subsidiaries) with amounts budgeted for such Fiscal Month;
(iv) calculations setting forth the compliance with the financial covenants set forth in Subsection 8.13 for the most recently completed Fiscal Month; and
(v) in the event that any of the foregoing statements indicate that any Borrower has varied in any material respect from any financial projections provided pursuant hereto, a statement of explanation of such deviation from an Authorized Officer o...
