Common use of Monthly Certificate Clause in Contracts

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, the Rating Agencies and any applicable Enhancement Provider, an Officers' 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, will 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 the 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 III 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 III 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 III Series of Notes, the total amount to be distributed to Noteholders on the next succeeding Payment Date; (iv) for each Series included in the Group III 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 III Series of Notes, the amount of such distribution allocable to interest on the Notes; (vi) for each Series included in the Group III Series of Notes, the amount of Enhancement used or drawn (or to be used or drawn) in connection with the distribution to Noteholders of 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 III Series of Notes, the Series Monthly Servicing Fee for the next succeeding Payment Date; (viii) for each Series included in the Group III Series of Notes, the existing Carryover Controlled Amortization Amount, if any; (ix) for each Series included in the Group III Series of Notes, the applicable Pool Factors with respect to such Related Month; (x) the Aggregate Asset Amount of all Group III Series of Notes and the amount of the Asset Amount Deficiency of all Group III Series of Notes, if any, at the close of business on the last day of the Related Month; (xi) if Enhancement is provided for any Series of Notes included in the Group III Series of Notes by means of overcollateralization, the amount of recoveries and losses for the Related Month and the amount of any excess funds available for such overcollateralization, (xii) whether, to the knowledge of the Master Servicer, any Lien exists on any of the Collateral for any Series of Notes included in the Group III Series of Notes (other than Permitted Liens) and (xiii) the percentage of Vehicles leased under this Lease constituting Program Vehicles, the percentage of Vehicles leased under this Lease constituting Non-Program Vehicles, and the percentage of Vehicles leased under this Lease constituting Program Vehicles of each Manufacturer and Non-Program Vehicles of each Manufacturer. The Trustee shall be under no duty to recalculate, verify or recompute the information supplied to it under this Section 24.4(b);

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, the each applicable Rating Agencies Agency and any applicable Enhancement Provider, an Officers' 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, will 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 the 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 III V 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 III V 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 III V 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 III V 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 III V Series of Notes, the amount of such distribution allocable to interest on the Notes; (vi) for each Series included in the Group III V 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 III V Series of Notes, the Series Monthly Servicing Fee for the next succeeding Payment Date; (viii) for each Series included in the Group III V Series of Notes, the existing Carryover Controlled Amortization Amount, if any; (ix) for each Series included in the Group III V Series of Notes, the applicable Pool Factors Factor for such Series with respect to such Related Month; (x) the Aggregate Asset Amount of all Group III V Series of Notes and the amount of the Asset Amount Deficiency of all Group III V Series of Notes, if any, at the close of business on the last day of the Related Month; (xi) if Enhancement is provided for any Series of Notes included in the Group III Series of Notes by means of overcollateralization, the amount of recoveries and losses for the Related Month and the amount of any excess funds available for such overcollateralization, (xii) whether, to the knowledge of the Master Servicer, any Lien exists on any of the Collateral for any Series of Notes included in the Group III V Series of Notes (other than Permitted Liens) ); and (xiiixii) the percentage of Vehicles leased under this Lease constituting Program Vehicles, the percentage of Vehicles leased under this Lease constituting Non-Program Vehicles, and the percentage of Vehicles leased under this Lease constituting Program Vehicles of each Manufacturer and Non-Program Vehicles of each Manufacturer, each as of the end of the Related Month. The Trustee shall be under no duty to recalculate, verify or recompute the information supplied to it under this Section 24.4(b);.

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, the Rating Agencies and any applicable Enhancement Provider, an Officers' ’ 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, will 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 the 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 III 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 III 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 III Series of Notes, the total amount to be distributed to Noteholders on the next succeeding Payment Date; (iv) for each Series included in the Group III 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 III Series of Notes, the amount of such distribution allocable to interest on the Notes; (vi) for each Series included in the Group III Series of Notes, the amount of Enhancement used or drawn (or to be used or drawn) in connection with the distribution to Noteholders of 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 III Series of Notes, the Series Monthly Servicing Fee for the next succeeding Payment Date; (viii) for each Series included in the Group III Series of Notes, the existing Carryover Controlled Amortization Amount, if any; (ix) for each Series included in the Group III Series of Notes, the applicable Pool Factors with respect to such Related Month; (x) the Aggregate Asset Amount of all Group III Series of Notes and the amount of the Asset Amount Deficiency of all Group III Series of Notes, if any, at the close of business on the last day of the Related Month; (xi) if Enhancement is provided for any Series of Notes included in the Group III Series of Notes by means of overcollateralization, the amount of recoveries and losses for the Related Month and the amount of any excess funds available for such overcollateralization, (xii) whether, to the knowledge of the Master Servicer, any Lien exists on any of the Collateral for any Series of Notes included in the Group III Series of Notes (other than Permitted Liens) and (xiiixii) the percentage of Vehicles leased under this Lease constituting Program Vehicles, the percentage of Vehicles leased under this Lease constituting Non-Program Vehicles, and the percentage of Vehicles leased under this Lease constituting Program Vehicles of each Manufacturer and Non-Program Vehicles of each Manufacturer. The Trustee shall be under no duty to recalculate, verify or recompute the information supplied to it under this Section 24.4(b);.

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, the Rating Agencies and any applicable Enhancement Provider, an Officers' ’ 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, will 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 the 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 III IV 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 III IV 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 III IV Series of Notes, the total amount to be distributed to Noteholders on the next succeeding Payment Date; (iv) for each Series included in the Group III IV 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 III IV Series of Notes, the amount of such distribution allocable to interest on the Notes; (vi) for each Series included in the Group III IV Series of Notes, the amount of Enhancement used or drawn (or to be used or drawn) in connection with the distribution to Noteholders of 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 III IV Series of Notes, the Series Monthly Servicing Fee for the next succeeding Payment Date; (viii) for each Series included in the Group III IV Series of Notes, the existing Carryover Controlled Amortization Amount, if any; (ix) for each Series included in the Group III IV Series of Notes, the applicable Pool Factors with respect to such Related Month; (x) the Aggregate Asset Amount of all Group III IV Series of Notes and the amount of the Asset Amount Deficiency of all Group III IV Series of Notes, if any, at the close of business on the last day of the Related Month; (xi) if Enhancement is provided for any Series of Notes included in the Group III Series of Notes by means of overcollateralization, the amount of recoveries and losses for the Related Month and the amount of any excess funds available for such overcollateralization, (xii) whether, to the knowledge of the Master Servicer, any Lien exists on any of the Collateral for any Series of Notes included in the Group III IV Series of Notes (other than Permitted Liens) and (xiiixii) the percentage of Vehicles leased under this Lease constituting Program Vehicles, the percentage of Vehicles leased under this Lease constituting Non-Program Vehicles, and the percentage of Vehicles leased under this Lease constituting Program Vehicles of each Manufacturer and Non-Program Vehicles of each Manufacturer. The Trustee shall be under no duty to recalculate, verify or recompute the information supplied to it under this Section 24.4(b);.

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, the Rating Agencies and any applicable Enhancement Provider, an Officers' ’ Certificate of the Master Servicer substantially in the form of Exhibit A (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 such 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 under Vehicle Disposition Programs and deposited in the Master Collateral Account and the aggregate amount of other Group III II 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 III II 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 III II Series of Notes, the total amount to be distributed to Noteholders on the next succeeding Payment Date; (iv) for each Series included in the Group III II 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 III II Series of Notes, the amount of such distribution allocable to interest on the Notes; (vi) for each Series included in the Group III II Series of Notes, the amount of Enhancement used or drawn (or to be used or drawn) in connection with the distribution to Noteholders of 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 III II Series of Notes, the Series Monthly Servicing Fee for the next succeeding Payment Date; (viii) for each Series included in the Group III II Series of Notes, the existing Carryover Controlled Amortization Amount, if any; (ix) for each Series included in the Group III II Series of Notes, the applicable Pool Factors with respect to such Related Month; (x) the Aggregate Asset Amount of all Group III II Series of Notes and the amount of the Asset Amount Deficiency of all Group III II Series of Notes, if any, at the close of business on the last day of the Related Month; (xi) if Enhancement is provided for any Series of Notes included in the Group III Series of Notes by means of overcollateralization, the amount of recoveries and losses for the Related Month and the amount of any excess funds available for such overcollateralization, (xii) whether, to the knowledge of the Master Servicer, any Lien exists on any of the Collateral for any Series of Notes included in the Group III II Series of Notes (other than Permitted Liens) and (xiiixii) the percentage of Vehicles leased under this Lease constituting Program Vehicles, the percentage of Vehicles leased under this Lease constituting Non-Program Vehicles, and the percentage of Vehicles leased under this Lease constituting Program Vehicles of each Manufacturer and Non-Program Vehicles of each Manufacturer. The Trustee shall be under no duty to recalculate, verify or recompute the information supplied to it under this Section 24.4(b);.

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, the each applicable Rating Agencies Agency (if any) and any applicable Enhancement Provider, an Officers' 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, will 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 the 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 III VI 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 III VI 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 III VI 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 III VI 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 III VI Series of Notes, the amount of such distribution allocable to interest on the Notes; (vi) for each Series included in the Group III VI 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 III VI Series of Notes, the Series Monthly Servicing Fee for the next succeeding Payment Date; (viii) for each Series included in the Group III Series of Notes, the existing Carryover Controlled Amortization Amount, if any; (ix) for each Series included in the Group III VI Series of Notes, the applicable Pool Factors Factor for such Series with respect to such Related Month; (xix) the Aggregate Asset Amount of all Group III VI Series of Notes and the amount of the Asset Amount Deficiency of all Group III VI Series of Notes, if any, at the close of business on the last day of the Related Month; and (xi) if Enhancement is provided for any Series of Notes included in the Group III Series of Notes by means of overcollateralization, the amount of recoveries and losses for the Related Month and the amount of any excess funds available for such overcollateralization, (xiix) whether, to the knowledge of the Master Servicer, any Lien exists on any of the Collateral for any Series of Notes included in the Group III VI Series of Notes (other than Permitted Liens) and (xiii) the percentage of Vehicles leased under this Lease constituting Program Vehicles, the percentage of Vehicles leased under this Lease constituting Non-Program Vehicles, and the percentage of Vehicles leased under this Lease constituting Program Vehicles of each Manufacturer and Non-Program Vehicles of each Manufacturer). The Trustee shall be under no duty to recalculate, verify or recompute the information supplied to it under this Section 24.4(b);.

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, the each applicable Rating Agencies Agency and any applicable Enhancement Provider, an Officers' 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, will 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 the 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 III 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 III 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 III 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 III 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 III VII Series of Notes, the amount of such distribution allocable to interest on the Notes; (vi) for each Series included in the Group III 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 III VII Series of Notes, the Series Monthly Servicing Fee for the next succeeding Payment Date; (viii) for each Series included in the Group III Series of Notes, the existing Carryover Controlled Amortization Amount, if any; (ix) for each Series included in the Group III VII Series of Notes, the applicable Pool Factors Factor for such Series with respect to such Related Month; (xix) the Aggregate Asset Amount of all Group III VII Series of Notes and the amount of the Asset Amount Deficiency of all Group III VII Series of Notes, if any, at the close of business on the last day of the Related Month; (xi) if Enhancement is provided for any Series of Notes included in the Group III Series of Notes by means of overcollateralization, the amount of recoveries and losses for the Related Month and the amount of any excess funds available for such overcollateralization, (xiix) whether, to the knowledge of the Master Servicer, any Lien exists on any of the Collateral for any Series of Notes included in the Group III VII Series of Notes (other than Permitted Liens) ); and (xiiixi) the percentage of Vehicles leased under this Lease constituting Program Vehicles, the percentage of Vehicles leased under this Lease constituting Non-Program Vehicles, and the percentage of Vehicles leased under this Lease constituting Program Vehicles of each Manufacturer and Non-Program Vehicles of each Manufacturer, each as of the end of the Related Month. The Trustee shall be under no duty to recalculate, verify or recompute the information supplied to it under this Section 24.4(b);.

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, the Rating Agencies and any applicable Enhancement Provider, an Officers' ’ 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, will 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 the 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 III IV 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 III IV 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 III IV Series of Notes, the total amount to be distributed to Noteholders on the next succeeding Payment Date; (iv) for each Series included in the Group III IV 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 III IV Series of Notes, the amount of such distribution allocable to interest on the Notes; (vi) for each Series included in the Group III IV Series of Notes, the amount of Enhancement used or drawn (or to be used or drawn) in connection with the distribution to Noteholders of 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 III IV Series of Notes, the Series Monthly Servicing Fee for the next succeeding Payment Date; (viii) for each Series included in the Group III IV Series of Notes, the existing Carryover Controlled Amortization Amount, if any; (ix) for each Series included in the Group III IV Series of Notes, the applicable Pool Factors with respect to such Related Month; (x) the Aggregate Asset Amount of all Group III IV Series of Notes and the amount of the Asset Amount Deficiency of all Group III IV Series of Notes, if any, at the close of business on the last day of the Related Month; (xi) if Enhancement is provided for any Series of Notes included in the Group III IV Series of Notes by means of overcollateralization, the amount of recoveries and losses for the Related Month and the amount of any excess funds available for such overcollateralization, (xii) whether, to the knowledge of the Master Servicer, any Lien exists on any of the Collateral for any Series of Notes included in the Group III IV Series of Notes (other than Permitted Liens) and (xiii) the percentage of Vehicles leased under this Lease constituting Program Vehicles, the percentage of Vehicles leased under this Lease constituting Non-Program Vehicles, and the percentage of Vehicles leased under this Lease constituting Program Vehicles of each Manufacturer and Non-Program Vehicles of each Manufacturer. The Trustee shall be under no duty to recalculate, verify or recompute the information supplied to it under this Section 24.4(b);