Common use of Monthly Servicer's Reports Clause in Contracts

Monthly Servicer's Reports. No later than 10:00 a.m. (Central time) on each Determination Date, the Servicer shall deliver the Monthly Servicer's Report to the Issuer, the Back-up Servicer and the Indenture Trustee, and, no later than 11:00 a.m. (Central time) on each Payment Date, the Indenture Trustee shall make available the Monthly Servicer's Report to each Noteholder and the Rating Agencies as provided in section 12.05 of the Indenture. Each Monthly Servicer's Report shall be substantially in the form attached hereto as Exhibit A, and shall reflect the activity in the immediately preceding Due Period. In the course of preparing the Monthly Servicer's Report, the Servicer shall seek direction from the Issuer as to remittance of any funds to be paid to the Issuer pursuant to Section 12.02(d)(xii) of the Indenture or otherwise. Contracts which have been substituted for or purchased by the Company or the Issuer shall be identified by Customer contract number on the Monthly Servicer's Report. On each Payment Date, the Servicer shall deliver to the Back-up Servicer a Computer Tape in a format acceptable to the Back-up Servicer containing the information from which the Servicer prepared the Monthly Servicer's Report, as well as any additional information reasonably requested by the Back-up Servicer prior to such Payment Date.

Appears in 1 contract

Samples: Servicing Agreement (Microfinancial Inc)

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Monthly Servicer's Reports. Prior to the end of the first week of each month, the Servicer will provide to the Indenture Trustee and the Note Administrator a Computer Tape containing the information from which the Servicer will prepare the Monthly Servicer's Report. No later than 10:00 a.m. (Central a.m., Minneapolis time) , on each Determination Date, the Servicer shall deliver the Monthly Servicer's Report to the Issuer, the Back-up Servicer and Servicer, the Indenture Trustee, andMBIA, no later than 11:00 a.m. (Central time) on each Payment Dateand the Placement Agent, and the Indenture Trustee shall make available will deliver the Monthly Servicer's Report to each Noteholder and the Rating Agencies as provided in section 12.05 of the Indenture. Each Monthly Servicer's Report shall be substantially in the form attached hereto as Exhibit A, and shall reflect A to the Specific Servicing Terms with respect to the activity in the immediately preceding Due Period. In the course of preparing the Monthly Servicer's Report, the Servicer shall seek direction from the Issuer as to remittance of any funds to be paid to the Issuer pursuant to Section 12.02(d)(xii12.02(d)(xv) of the Standard Indenture or otherwiseTerms. Lease Contracts which have been substituted for or purchased by the Company or the Issuer shall be identified by Customer contract lease number on the Monthly Servicer's Report. On each Payment Date, the Servicer shall deliver to the Back-up Servicer and MBIA a Computer Tape in a format acceptable to the Back-up Servicer containing the information from which the Servicer prepared the Monthly Servicer's Report, as well as any additional information reasonably requested by the Back-up Servicer prior to such Payment Date.

Appears in 1 contract

Samples: Standard Terms and Conditions of Servicing (American Business Financial Services Inc /De/)

Monthly Servicer's Reports. No later than 10:00 a.m. (Central time) on each Determination Date, the Servicer shall deliver the Monthly Servicer's Report to the Issuer, the Back-up Servicer and the Indenture Trustee, and, no later than 11:00 a.m. (Central time) on each Payment Date, the Indenture Trustee shall make available deliver the Monthly Servicer's Report to the Note Insurer, each Noteholder and the Rating Agencies as provided in section 12.05 of the IndentureAgencies. Each Monthly Servicer's Report shall be substantially in the form attached hereto as Exhibit A, and shall reflect the activity in the immediately preceding Due Period. In the course of preparing the Monthly Servicer's Report, the Servicer shall seek direction from the Issuer as to remittance of any funds to be paid to the Issuer pursuant to Section 12.02(d)(xii) of the Indenture or otherwise. Contracts which have been substituted for or purchased by the Company or the Issuer shall be identified by Customer contract number on the Monthly Servicer's Report. On each Payment Date, the Servicer shall deliver to the Back-up Servicer and the Controlling Party a Computer Tape in a format acceptable to the Back-up Servicer containing the information from which the Servicer prepared the Monthly Servicer's Report, as well as any additional information reasonably requested by the Back-up Servicer prior to such Payment Date.

Appears in 1 contract

Samples: Servicing Agreement (Microfinancial Inc)

Monthly Servicer's Reports. No later than 10:00 a.m. (Central Minneapolis time) on each Determination Date, the Servicer shall deliver the Monthly Servicer's Report to the IssuerTransferor, the Back-up Servicer Servicer, the Trustee, and the Indenture TrusteePlacement Agent, and, no later than 11:00 a.m. (Central time) on each Payment Date, and the Indenture Trustee shall make available will deliver the Monthly Servicer's Report to each Noteholder Certificateholder, MBIA, and the Rating Agencies as provided in section 12.05 of the Indenture. Each Monthly Servicer's Report shall be substantially in the form attached hereto as Exhibit A, and shall reflect A hereto with respect to the activity in the immediately preceding Due Monthly Period. In the course of preparing the Monthly Servicer's Report, the Servicer shall seek direction from the Issuer Holder of the Transferor Certificate as to remittance of any funds to be paid to the Issuer pursuant to Section 12.02(d)(xii12.02(d)(xvi) of the Indenture or otherwiseTrust and Security Agreement. Lease Contracts which have been substituted for or purchased by the Company or the Issuer Transferor shall be identified by Customer contract lease number on the Monthly Servicer's Report. On each Payment Date, the Servicer shall deliver to the Back-up Servicer and MBIA a Computer Tape in a format acceptable to the Back-up Servicer containing the information from which the Servicer prepared the Monthly Servicer's Report, as well as any additional information reasonably requested by the Back-up Servicer prior to such Payment Date.

Appears in 1 contract

Samples: Servicing Agreement (Granite Financial Inc)

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Monthly Servicer's Reports. No later than 10:00 a.m. (Central Minneapolis time) on each Determination Date, the Servicer shall deliver the Monthly Servicer's Report to the IssuerTransferor, the Back-up Servicer Servicer, the Trustee, and the Indenture TrusteePlacement Agent, and, no later than 11:00 a.m. (Central time) on each Payment Date, and the Indenture Trustee shall make available will deliver the Monthly Servicer's Report to each Noteholder Certificateholder, MBIA, and the Rating Agencies as provided in section 12.05 of the Indenture. Each Monthly Servicer's Report shall be substantially in the form attached hereto as Exhibit A, and shall reflect A hereto with respect to the activity in the immediately preceding Due Period. In the course of preparing the Monthly Servicer's Report, the Servicer shall seek direction from the Issuer Holder of the Transferor Certificate as to remittance of any funds to be paid to the Issuer pursuant to Section 12.02(d)(xii12.02(d)(xvi) of the Indenture or otherwiseTrust and Security Agreement. Lease Contracts which have been substituted for or purchased by the Company or the Issuer Transferor shall be identified by Customer contract lease number on the Monthly Servicer's Report. On each Payment Date, the Servicer shall deliver to the Back-up Servicer and MBIA a Computer Tape in a format acceptable to the Back-up Servicer containing the information from which the Servicer prepared the Monthly Servicer's Report, as well as any additional information reasonably requested by the Back-up Servicer prior to such Payment Date.

Appears in 1 contract

Samples: Servicing Agreement (Granite Financial Inc)

Monthly Servicer's Reports. No later than 10:00 a.m. (Central Minneapolis time) on each Determination Date, the Servicer shall deliver the Monthly Servicer's Report to the IssuerTransferor, the Back-up Servicer Servicer, the Trustee, and the Indenture TrusteePlacement Agent, and, no later than 11:00 a.m. (Central time) on each Payment Date, and the Indenture Trustee shall make available will deliver the Monthly Servicer's Report to each Noteholder Certificateholder, MBIA, and the Rating Agencies as provided in section 12.05 of the Indenture. Each Monthly Servicer's Report shall be substantially in the form attached hereto as Exhibit A, and shall reflect A hereto with respect to the activity in the immediately preceding Due Period. In the course of preparing the Monthly Servicer's Report, the Servicer shall seek direction from the Issuer Transferor as to remittance of any funds to be paid to the Issuer pursuant to Section 12.02(d)(xii12.02(d)(xviii) of the Indenture or otherwiseTrust and Security Agreement. Lease Contracts which have been substituted for or purchased by the Company or the Issuer Transferor shall be identified by Customer contract lease number on the Monthly Servicer's Report. On each Payment Date, the Servicer shall deliver to the Back-up Servicer and MBIA a Computer Tape in a format acceptable to the Back-up Servicer containing the information from which the Servicer prepared the Monthly Servicer's Report, as well as any additional information reasonably requested by the Back-up Servicer prior to such Payment Date.

Appears in 1 contract

Samples: Servicing Agreement (Granite Financial Inc)

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