Monthly Certificate. On each Determination Date, AFC-II shall forward to the Trustee, the Paying Agent, the Administrative Agent, the Rating Agencies and any Enhancement Provider, an Officer's Certificate of AFC-II substantially in the form of Exhibit D (each, a "Monthly Certificate") setting forth, inter alia, the following information (which, in the cases of clauses (iii), (iv) and (v) below, will be expressed as a dollar amount per $1,000 of the original principal amount of each Series of Notes and as a percentage of the outstanding principal balance of the Notes as of such date): (i) the aggregate amount of payments received from the Manufacturers and/or auction dealers under Manufacturer Programs related to Program Vehicles leased under the AESOP I Operating Lease, the AESOP II Operating Lease and the Finance Lease (separately stated) and the aggregate amount of payments received from third parties (other than Manufacturers and auction dealers) with respect to the sale of Vehicles leased under the AESOP I Operating Lease, the AESOP II Operating Lease and the Finance Lease (separately stated) and in each case deposited in the Collection Account and the aggregate amount of other Collections deposited in the Collection Account for the Related Month with respect to such Determination Date; (ii) the Invested Percentage on the last day of the Related Month of each Series of Notes and each class of each Series; (iii) for each Series and each class of each Series, the total amount to be distributed to Noteholders on the next succeeding Distribution Date; (iv) for each Series and each class of each Series, the amount of such distribution allocable to principal on the Notes; (v) for each Series and each class of each Series, the amount of such distribution allocable to interest on the Notes; (vi) the portion of the Monthly Administration Fee payable by the Issuer and allocable to each Series and each class of each Series; (vii) for each Series and each class of each Series, to the extent applicable, the amount of Enhancement used or drawn in connection with the distribution to Noteholders of such Series or class on the next succeeding Distribution Date, together with the aggregate amount of remaining Enhancement not theretofore used or drawn; (viii) for each applicable Series and each class of each Series, the existing Carryover Controlled Amortization Amount, if any; (ix) the Pool Factor with respect to such Related Month for each applicable Series and each class of each Series; (...
Monthly Certificate. Monthly certificates of the Master Servicer as follows: On each Reporting Date, the Master Servicer shall forward to the Lessee, the Lessor, the Trustee, the Paying Agent, each applicable Rating Agency and any applicable Enhancement Provider, an Officer’s Certificate of the Master Servicer (each, a “Monthly Certificate”) setting forth, inter alia, the following information (which, in the cases of clauses (iii), (iv) and (v) below, shall be expressed as a dollar amount per $1,000 of the original principal amount of such Notes and as a percentage of the outstanding principal balance of such Notes as of such date): (i) the aggregate amount of payments received from the Manufacturers under Vehicle Disposition Programs and deposited in the Master Collateral Account and the aggregate amount of other Group VII Collections processed for the Related Month with respect to such Reporting Date; (ii) the Invested Percentage on the last day of the second preceding Related Month of each Series of Notes included in the Group VII Series of Notes (or, until the end of the second Related Month for such Series of Notes, as of the Closing Date for such Series); (iii) for each Series included in the Group VII Series of Notes, the total amount to be distributed to Noteholders of each such Series on the next succeeding Payment Date; (iv) for each Series included in the Group VII Series of Notes, the amount of such distribution allocable to principal on the Notes of such Series; (v) for each Series included in the Group VII Series of Notes, the amount of such distribution allocable to interest on the Notes; (vi) for each Series included in the Group VII Series of Notes, the amount of Enhancement used or drawn (or to be used or drawn) in connection with the distribution to Noteholders of each such Series on the next succeeding Payment Date, together with the aggregate amount of remaining Enhancement not theretofore used or drawn; (vii) for each Series included in the Group VII Series of Notes, the Series Monthly Servicing Fee for the next succeeding Payment Date; (viii) for each Series included in the Group VII Series of Notes, the applicable Pool Factor for such Series with respect to such Related Month; (ix) the Aggregate Asset Amount of all Group VII Series of Notes and the amount of the Asset Amount Deficiency of all Group VII Series of Notes, if any, at the close of business on the last day of the Related Month; (x) whether, to the knowledge of the Master Servicer, any Lien ex...
Monthly Certificate. Note: This is an example only and not representative of any transaction.
Monthly Certificate. As soon as available and in any event within 15 days after the end of each month, a certificate of a Financial Officer of the Borrower, in form and substance satisfactory to the Lead Arranger and the Administrative Agent, demonstrating that the aggregate of (i) 85% of the book value of the accounts receivable, (ii) 50% of the book value of the inventory and (iii) the lesser of (x) 50% of the book value of the property, plant and equipment (in each case as such book value is determined in accordance with GAAP) of the Loan Parties and (y) $100 million exceeds the aggregate principal amount outstanding under the Revolving Credit Facility.
Monthly Certificate. Note: This is an example only and not representative of any transaction. Note: This is an example only and not representative of any transaction. Restructuring Loss Calculation Assumptions for Calculating Loss Share Amount, Restructured Loan: Note: This is an example only and not representative of any transaction.
Monthly Certificate. To the extent that (i) any assets of a type that would constitute Collateral have been pledged by any Subsidiary to any Person financing a transaction permitted under Section 5.02(f)(vii) or (ii) the Borrower has elected to designate a Subsidiary as an Excluded Subsidiary as permitted under Section 5.01(j), then, as soon as available and in any event within 15 days after the end of each month, a certificate of a Financial Officer of the Borrower, in form and substance satisfactory to the Joint Lead Arrangers and the Administrative Agents, demonstrating that the aggregate of (x) 85% of the book value of the accounts receivable that constitute Collateral, and (y) 65% of the book value of the inventory that constitutes Collateral exceeds the sum of (A) the aggregate principal amount outstanding under the Revolving Credit Facility (including outstanding Letters of Credit and Swing Line Advances plus (B) the aggregate amount of obligations outstanding under Secured Cash Management Agreements at such time plus (C) the aggregate Agreement Value of all Secured Hedge Agreements at such time.
Monthly Certificate. Within fifteen (15) days after the end of each fiscal month, commencing with March 2023, a certificate of a Responsible Officer of Borrower (in the form annexed hereto as Exhibit D), certifying compliance with Section 8.18 for such month and setting forth a calculation of (i) the Hash Rate performed by the Borrower for such month, (ii) Net Monthly Cash Flow (together with back-up detail and calculation thereof) for such month, (iii) Liquidity for each day of such month and (v) the SG&A for such month.
Monthly Certificate. Within ten (10) days after the close of each calendar month, RTL shall supply to PLC a certificate signed by an authorized officer of RTL containing:
(a) The Borrowing Base Certificate;
(b) A list of all Vehicles and Equipment in service in RTL’s leasing and rental business through its PacLease franchise as of the end of such month; and
(c) An affirmation that the signer has reviewed the relevant terms of this Agreement and has made, or caused to be made under his supervision, a review of the transactions and operations of RTL during the reporting period and that such review has not disclosed the existence of any condition or event which constitutes an Event of Default or, if any such condition or event then exists, specifying the nature and period of existence thereof and what action RTL has taken or proposes to take with respect thereto.
Monthly Certificate. Monthly certificates of the Master Servicer as follows: On each Reporting Date, the Master Servicer shall forward to the Lessee, the Lessor, the Trustee, the Paying Agent, each applicable Rating Agency and any applicable Enhancement Provider, an Officer’s Certificate of the Master Servicer (each, a “Monthly Certificate”) setting forth, inter alia, the following information (which, in the cases of clauses (iii), (iv) and (v) below, shall be expressed as a dollar amount per $1,000 of the original principal amount of such Notes and as a percentage of the outstanding principal balance of such Notes as of such date): (i) the aggregate amount of payments received from the Manufacturers under Vehicle Disposition Programs and deposited in the Master Collateral Account and the aggregate amount of other Group VIII Collections processed for the Related Month with respect to such Reporting Date; (ii) the Invested Percentage on the last day of the second preceding Related Month of each Series of Notes included in the Group VIII Series of Notes (or, until the end of the second Related Month for such Series of Notes, as of the Closing Date for such Series); (iii) for each Series included in the Group VIII Series of Notes, the total amount to be distributed to Noteholders of each such Series on the next succeeding Payment Date; (iv) for each Series included in the Group VIII Series of Notes, the amount of such distribution allocable to principal on the Notes of such Series;
Monthly Certificate. Within ten (10) days after the close of each calendar month, Rush Enterprises shall supply to PFC a certificate signed by an authorized officer of Rush Enterprises containing:
(a) The Borrowing Base Certificate; and
(b) An affirmation that the signer has reviewed the relevant terms of this Agreement and has made, or caused to be made under his supervision, a review of the transactions and operations of Rush Peterbilt Truck Centers during the reporting period and that such review has not disclosed the existence of any condition or event which constitutes an Event of Default or, if any such condition or event then exists, specifying the nature and period of existence thereof and what action either Rush Enterprises or any Rush Peterbilt Truck Center has taken or proposes to take with respect thereto. Upon PFC’s request, Rush Enterprises will provide copies of invoices for bodies, attachments, accessories or other additions to Peterbilt truck and tractor inventory that (i) were not manufactured by Peterbilt Motors Company, and (ii) are included on the Borrowing Base Certificate.
