Common use of Monthly Reports Clause in Contracts

Monthly Reports. On the Servicer Report Date of each month, commencing with the month next succeeding the month of the Closing Date, the Servicer shall deliver to the Issuer, the Indenture Trustee and the Insurer a certificate of a Servicing Officer stating (i) the Contract Number and outstanding principal balance of each Contract that has become a Liquidated Contract since the Business Day immediately preceding the date of the last certificate delivered pursuant to this subsection (or since the Closing Date in the case of the first such certificate); (ii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (a) of the definition of the term "Full Prepayment" or is a Liquidated Contract pursuant to clause (iii) of the definition of the term "Liquidated Contract," all proceeds received in respect thereof have been deposited in or credited to the Collection Account in accordance with Section 4.02; (iii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (b) of the definition of the term "Full Prepayment," the correct Purchase Amount has been deposited in or credited to the Collection Account in accordance with Section 2.03, 3.07 or 4.02; (iv) that, if such Contract is a Liquidated Contract pursuant to clause (ii) of the definition of the term "Liquidated Contract," there have been deposited in or credited to the Collection Account the related Net Liquidation Proceeds in accordance with Section 4.02; and (v) that the Indenture Trustee is authorized to release such Contract and the related Contract Documents as provided herein.

Monthly Reports. On the Servicer Report Date tenth Business Day of each month, other than a month in which a Distribution Date occurs, commencing with the month next succeeding the month of the Closing Date, the Master Servicer shall deliver mail to the Issuer, the Indenture Trustee and the Insurer Owner Trustee, by first class mail, a certificate of a Servicing Officer stating (i) the Contract Number and outstanding principal balance of each Contract that has become a Liquidated Contract since the Business Day immediately next preceding the date of the last certificate delivered pursuant to this subsection (or since the Closing Date in the case of the first such certificate); (ii) that all proceeds received in respect of such Contract have been deposited in or credited to the Collection Account or Holding Account as required by Section 5.02; (iii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (ai) of the definition of the term "Full Prepayment" or is a Liquidated Contract pursuant to clause (iii) of the definition of the term "Liquidated Contract," all proceeds received in respect thereof have been deposited in or credited to the Collection Account or Holding Account in accordance with Section 4.025.02; (iiiiv) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (bii) of the definition of the term "Full Prepayment," the correct Purchase Repurchase Amount has been deposited in or credited to the Collection Account in accordance with Section 2.03, 3.07 4.07 or 4.025.04; (ivv) that, if such Contract is a Liquidated Contract pursuant to clause (ii) of the definition of the term "Liquidated Contract," there have been deposited in or credited to the Collection Account or Holding Account the related Net Liquidation Proceeds in accordance with Section 4.025.02; and (vvi) that the Indenture Trustee is authorized to release such Contract and current Aggregate Scheduled Balance; (vii) the total dollar amount of charged-off Contracts; (viii) the total dollar amount of delinquent Contracts; (ix) the total dollar amount of all Contracts in respect of which the related Contract Documents as provided herein.Financed Vehicles have been repossessed but have not been liquidated; (x) the current Charge-off Percentage; and

Monthly Reports. On the Servicer Report Date of each month, commencing with the month next succeeding the month of the Closing Date, the Servicer shall deliver to the Issuer, the Indenture Trustee and the Insurer a certificate of a Servicing Officer stating (i) the Contract Number and outstanding principal balance of each Contract that has become a Liquidated Contract since the Business Day immediately preceding the date of the last certificate delivered pursuant to this subsection (or since the Closing Date in the case of the first such certificate); (ii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (a) of the definition of the term "Full Prepayment" or is a Liquidated Contract pursuant to clause (iii) of the definition of the term "Liquidated Contract," all proceeds received in respect thereof have been deposited in or credited to the Collection Account in accordance with Section 4.02; (iiiiv) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (b) of the definition of the term "Full Prepayment," the correct Purchase Amount has been deposited in or credited to the Collection Account in accordance with Section 2.03, 3.07 or 4.02; (ivv) that, if such Contract is a Liquidated Contract pursuant to clause (ii) of the definition of the term "Liquidated Contract," there have been deposited in or credited to the Collection Account the related Net Liquidation Proceeds in accordance with Section 4.02; and (vvi) that the Indenture Trustee is authorized to release such Contract and the related Contract Documents as provided herein.

Monthly Reports. On the Servicer Report Date of each month, commencing with the month next succeeding the month of the Closing Date, the Servicer shall deliver to the Issuer, the Indenture Trustee and the Insurer Insurer, a certificate of a Servicing Officer stating (i) the Contract Number and outstanding principal balance of each Contract that has become a Liquidated Contract since the Business Day immediately preceding the date of the last certificate delivered pursuant to this subsection Section 2.5(d) (or since the Closing Date in the case of the first such certificate); (ii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (a) of the definition of the term "Full Prepayment" or is a Liquidated Contract pursuant to clause (iii) of the definition of the term "Liquidated Contract," all proceeds received in respect thereof have been deposited in or credited to the Collection Account in accordance with Section 4.024.2; (iii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (b) of the definition of the term "Full Prepayment," the correct Purchase Repurchase Amount has been deposited in or credited to the Collection Account in accordance with Section 2.03, 3.07 or 4.024.4; (iv) that, if such Contract is a Liquidated Contract pursuant to clause (ii) of the definition of the term "Liquidated Contract," there have been deposited in or credited to the Collection Account the related Net Liquidation Proceeds in accordance with Section 4.024.2; and (v) that the Indenture Trustee is authorized to release such Contract and the related Contract Documents as provided herein.

Monthly Reports. On the Servicer Report Date of each month, commencing with the month next succeeding the month of the Closing Date, the Servicer shall deliver to the Issuer, the Indenture Trustee and the Insurer Insurer, a certificate of a Servicing Officer stating (i) the Contract Number and outstanding principal balance of each Contract that has become a Liquidated Contract since the Business Day immediately preceding the date of the last certificate delivered pursuant to this subsection Section 2.5(d) (or since the Closing Date in the case of the first such certificate); (ii) that all proceeds received in respect of such Contract have been deposited in or credited to the Collection Account as required by Section 4.2; (iii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (a) of the definition of the term "Full Prepayment" or is a Liquidated Contract pursuant to clause (iii) of the definition of the term "Liquidated Contract," all proceeds received in respect thereof have been deposited in or credited to the Collection Account in accordance with Section 4.024.2; (iiiiv) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (b) of the definition of the term "Full Prepayment," the correct Purchase Repurchase Amount has been deposited in or credited to the Collection Account in accordance with Section 2.03, 3.07 Sections 2.3 or 4.023.7; (ivv) that, if such Contract is a Liquidated Contract pursuant to clause (ii) of the definition of the term "Liquidated Contract," there have been deposited in or credited to the Collection Account the related Net Liquidation Proceeds in accordance with Section 4.024.2; and (vvi) that the Indenture Trustee is authorized to release such Contract and the related Contract Documents as provided herein.

Monthly Reports. On the Servicer Report Date of each month, commencing with the month next succeeding the month of the Closing Date, the Servicer shall deliver to the Issuer, the Indenture Trustee and the Insurer Insurer, a certificate of a Servicing Officer stating (i) the Contract Number and outstanding principal balance of each Contract that has become a Liquidated Contract since the Business Day immediately preceding the date of the last certificate delivered pursuant to this subsection Section 2.5(d) (or since the Closing Date in the case of the first such certificate); (ii) that all proceeds received in respect of such Contract have been deposited in or credited to the Collection Account or Payahead Account as required by Section 4.2; (iii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (a) of the definition of the term "Full Prepayment" or is a Liquidated Contract pursuant to clause (iii) of the definition of the term "Liquidated Contract," all proceeds received in respect thereof have been deposited in or credited to the Collection Account or Payahead Account in accordance with Section 4.024.2; (iiiiv) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (b) of the definition of the term "Full Prepayment," the correct Purchase Repurchase Amount has been deposited in or credited to the Collection Account in accordance with Section 2.03, 3.07 Sections 2.3 or 4.023.7; (ivv) that, if such Contract is a Liquidated Contract pursuant to clause (ii) of the definition of the term "Liquidated Contract," there have been deposited in or credited to the Collection Account or Payahead Account the related Net Liquidation Proceeds in accordance with Section 4.024.2; and (vvi) that the Indenture Trustee is authorized to release such Contract and the related Contract Documents as provided herein.

Monthly Reports. On the each Servicer Report Date of each monthDate, commencing with --------------- the month next succeeding the month of the Closing Date, the Servicer shall deliver to the Issuer, the Indenture Trustee and the Insurer a certificate of a Servicing Officer stating (i) the Contract Number number of Contracts and aggregate outstanding principal balance of each Contract such Contracts that has have become a Liquidated Contract Defaulted Contracts since the Business Day immediately preceding the date of the last certificate statement delivered pursuant to this subsection (or since the Closing Date in the case of the first such certificatestatement); (ii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (a) of the definition of the term "Full Prepayment" or is a Liquidated Contract pursuant to clause (iii) of the definition of the term "Liquidated Contract," , all proceeds received in respect thereof have been deposited in or credited to the Collection Account in accordance with Section 4.02; (iii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (b) of the definition of the term "Full Prepayment," ", the correct Purchase Amount or termination price, as applicable, has been deposited in or credited to the Collection Account in accordance with Section 2.03, 3.07 3.06, 4.02 or 4.02; (iv) that, if such Contract is a Liquidated Contract pursuant to clause (ii) of the definition of the term "Liquidated Contract," there have been deposited in or credited to the Collection Account the related Net Liquidation Proceeds in accordance with Section 4.028.01; and (viv) that the Indenture Trustee is authorized to release such Contract and the related Contract Documents as provided herein. On each Servicer Report Date, the Servicer shall also deliver to the Indenture Trustee, the Owner Trustee and the Insurer a statement setting forth (i) the amounts on deposit in the Collection Account; (ii) the sources of such amounts; (iii) the amounts to be paid to Noteholders.

Monthly Reports. On the Servicer Report Date of each month, commencing with the month next succeeding the month of the Closing Date, the Servicer shall deliver to the Issuer, the Indenture Trustee and the Insurer a certificate of a Servicing Officer stating (i) the Contract Number and outstanding principal balance of each Contract that has become a Liquidated Contract since the Business Day immediately preceding the date of the last certificate delivered pursuant to this subsection (or since the Closing Date in the case of the first such certificate); (ii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (a) of the definition of the term "Full Prepayment" or is a Liquidated Contract pursuant to clause (iii) of the definition of the term "Liquidated Contract," all proceeds received in respect thereof have been deposited in or credited to the Collection Account in accordance with Section 4.02; (iiiiv) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (b) of the definition of the term "Full Prepayment," the correct Purchase Amount has been deposited in or credited to the Collection Account in accordance with Section 2.03, 3.07 or 4.02; (ivv) that, if such Contract is a Liquidated Contract pursuant to clause (ii) of the definition of the term "Liquidated Contract," there have been deposited in or credited to the Collection Account the related Net Liquidation Proceeds in accordance with Section 4.02; and (v) that the Indenture Trustee is authorized to release such Contract and the related Contract Documents as provided herein.with

Monthly Reports. On the each Servicer Report Date of each monthDate, commencing with the month next succeeding the month of the Closing Date, the Servicer shall deliver to the Issuer, the Indenture Trustee and the Insurer a certificate of a Servicing Officer stating (i) the Contract Number number of Contracts and aggregate outstanding principal balance of each Contract such Contracts that has have become a Liquidated Contract Defaulted Contracts since the Business Day immediately preceding the date of the last certificate statement delivered pursuant to this subsection (or since the Closing Date in the case of the first such certificatestatement); (ii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (a) of the definition of the term "Full Prepayment" or is a Liquidated Contract pursuant to clause (iii) of the definition of the term "Liquidated Contract," , all proceeds received in respect thereof have been deposited in or credited to the Collection Account in accordance with Section 4.02; (iii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (b) of the definition of the term "Full Prepayment," ", the correct Purchase Amount or termination price, as applicable, has been deposited in or credited to the Collection Account in accordance with Section 2.03, 3.07 3.06, 4.02 or 4.02; (iv) that, if such Contract is a Liquidated Contract pursuant to clause (ii) of the definition of the term "Liquidated Contract," there have been deposited in or credited to the Collection Account the related Net Liquidation Proceeds in accordance with Section 4.028.01; and (viv) that the Indenture Trustee is authorized to release such Contract and the related Contract Documents as provided herein.. On each Servicer Report Date, the Servicer shall also deliver to the Indenture Trustee, the Owner Trustee and the Insurer a statement setting forth (i) the amounts on deposit in the Collection Account; (ii) the sources of such amounts; (iii) the amounts to be paid to Noteholders;

Monthly Reports. On the each Servicer Report Date of each monthDate, commencing with the month next succeeding the month of the Closing Date, the Servicer shall deliver to the Issuer, the Indenture Trustee and the Insurer a certificate of a Servicing Officer stating (i) the Contract Number number of Contracts and aggregate outstanding principal balance of each Contract such Contracts that has have become a Liquidated Contract Defaulted Contracts since the Business Day immediately preceding the date of the last certificate statement delivered pursuant to this subsection (or since the Closing Date in the case of the first such certificatestatement); (ii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (a) of the definition of the term "Full Prepayment" or is a Liquidated Contract pursuant to clause (iii) of the definition of the term "Liquidated Contract," , all proceeds received in respect thereof have been deposited in or credited to the Collection Account in accordance with Section 4.02; (iii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (b) of the definition of the term "Full Prepayment," ", the correct Purchase Amount has been deposited in or credited to the Collection Account in accordance with Section 2.03, 3.07 or 4.02; and (iv) that, if such Contract is a Liquidated Contract pursuant to clause (ii) of the definition of the term "Liquidated Contract," there have been deposited in or credited to the Collection Account the related Net Liquidation Proceeds in accordance with Section 4.02; and (v) that the Indenture Trustee is authorized to release such Contract and the related Contract Documents as provided herein.. On each Servicer Report Date, the Servicer shall also deliver to the Indenture Trustee, Owner Trustee and the Insurer a statement setting forth (i) the amounts on deposit in the Collection Account; (ii) the sources of such amounts; (iii) the amounts to be paid to Noteholders;

Monthly Reports. On the Servicer Report Date of each month, commencing with the month next succeeding the month of the Closing Date, the Servicer shall deliver to the Issuer, the Indenture Trustee and the Insurer a certificate of a Servicing Officer stating (i) the Contract Number and outstanding principal balance of each Contract that has become a Liquidated Contract since the Business Day immediately preceding the date of the last certificate delivered pursuant to this subsection (or since the Closing Date in the case of the first such certificate); (ii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (a) of the definition of the term "Full Prepayment" or is a Liquidated Contract pursuant to clause (iii) of the definition of the term "Liquidated Contract," all proceeds received in respect thereof have been deposited in or credited to the Collection Account in accordance with Section 4.02; (iiiiv) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (b) of the definition of the term "Full Prepayment," the correct Purchase Amount has been deposited in or credited to the Collection Account in accordance with Section 2.03, 3.07 or 4.024.05; (ivv) that, if such Contract is a Liquidated Contract pursuant to clause (ii) of the definition of the term "Liquidated Contract," there have been deposited in or credited to the Collection Account the related Net Liquidation Proceeds in accordance with Section 4.02; and (vvi) that the Indenture Trustee is authorized to release such Contract and the related Contract Documents as provided herein.

Monthly Reports. On the Servicer Report Date of each month, commencing with the month next succeeding the month of the Closing Date, the Servicer shall deliver to the Issuer, the Indenture Trustee and the Insurer a certificate of a Servicing Officer stating (i) the Contract Number and outstanding principal balance of each Contract that has become a Liquidated Contract since the Business Day immediately preceding the date of the last certificate delivered pursuant to this subsection (or since the Closing Date in the case of the first such certificate); (ii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (a) of the definition of the term "Full Prepayment" or is a Liquidated Contract pursuant to clause (iii) of the definition of the term "Liquidated Contract," all proceeds received in respect thereof have been deposited in or credited to the Collection Account in -38- 43 accordance with Section 4.02; (iii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (b) of the definition of the term "Full Prepayment," the correct Purchase Amount has been deposited in or credited to the Collection Account in accordance with Section 2.03, 3.07 or 4.02; (iv) that, if such Contract is a Liquidated Contract pursuant to clause (ii) of the definition of the term "Liquidated Contract," there have been deposited in or credited to the Collection Account the related Net Liquidation Proceeds in accordance with Section 4.02; and (v) that the Indenture Trustee is authorized to release such Contract and the related Contract Documents as provided herein.

Monthly Reports. On the each Servicer Report Date of each monthDate, commencing with the month next succeeding the month of the Closing Date, the Servicer shall deliver to the Issuer, the Indenture Trustee and the Insurer a certificate of a Servicing Officer stating (i) the Contract Number number of Contracts and aggregate outstanding principal balance of each Contract such Contracts that has have become a Liquidated Contract Defaulted Contracts since the Business Day immediately preceding the date of the last certificate statement delivered pursuant to this subsection (or since the Closing Date in the case of the first such certificatestatement); (ii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (a) of the definition of the term "Full Prepayment" or is a Liquidated Contract pursuant to clause (iii) of the definition of the term "Liquidated Contract," , all proceeds received in respect thereof have been deposited in or credited to the Collection Account in accordance with Section 4.02; (iii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (b) of the definition of the term "Full Prepayment," ", the correct Purchase Amount or termination price, as applicable, has been deposited in or credited to the Collection Account in accordance with Section 2.03, 3.07 3.06, 4.02 or 4.02; (iv) that, if such Contract is a Liquidated Contract pursuant to clause (ii) of the definition of the term "Liquidated Contract," there have been deposited in or credited to the Collection Account the related Net Liquidation Proceeds in accordance with Section 4.028.01; and (viv) that the Indenture Trustee is authorized to release such Contract and the related Contract Documents as provided herein. On each Servicer Report Date, the Servicer shall also deliver to the Indenture Trustee, the Owner Trustee and the Insurer a statement setting forth (i) the amounts on deposit in the Collection Account; (ii) the sources of such amounts; (iii) the amounts to be paid to Noteholders.

Monthly Reports. On the Servicer Report Date of each month, commencing with the month next succeeding the month of the Closing Date, the Servicer shall deliver to the Issuer, the Indenture Trustee and the Insurer a certificate of a Servicing Officer stating (i) the Contract Number and outstanding principal balance of each Contract that has become a Liquidated Contract since the Business Day immediately preceding the date of the last certificate delivered pursuant to this subsection (or since the Closing Date in the case of the first such certificate); (ii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (a) of the definition of the term "Full Prepayment" or is a Liquidated Contract pursuant to clause (iii) of the definition of the term "Liquidated Contract," all proceeds received in respect thereof have been deposited in or credited to the Collection Account in accordance with Section 4.02; (iii) that, if such Contract has been the subject of a Full Prepayment pursuant to clause (b) of the definition of the term "Full Prepayment," the correct Purchase Amount has been deposited in or credited to the Collection Account in accordance with Section 2.03, 3.07 or 4.02; (iv) that, if such Contract is a Liquidated Contract pursuant to clause (ii) of the definition of the term "Liquidated Contract," there have been deposited in or credited to the Collection Account the related Net Liquidation Proceeds in accordance with Section 4.02; and (v) that the Indenture Trustee is authorized to release such Contract and the related Contract Documents as provided herein.with