Monthly Settlement. (a) The Ceding Company shall provide the Reinsurer with a monthly settlement report, no later than the thirtieth (30th) day following the end of each calendar month, with delivery thereof commencing in the month following the month in which the Coinsurance Effective Date occurs (including in such first report the period since the Coinsurance Effective Date). Such monthly settlement report shall be in the form specified in Schedule 4.9 attached hereto.
Monthly Settlement. On each Settlement Date, the Agent shall direct the Collection Account Bank in writing to distribute all Collections on deposit in the Collection Account in the following order of priority:
Monthly Settlement. Monthly payments for Paid Claims, Access Fees, Statutory Assessments and related charges, as indicated on the Monthly Settlement Report, are due and payable by the Employer within 31 calendar days following delivery to Employer by BCBSKC of the Monthly Settlement Report. The Employer shall have no grace period for such monthly payment.
Monthly Settlement. On each Settlement Report Date, the Servicer shall deliver to BAFC, the Administrative Agent, the Letter of Credit Agent and the Trustee a Monthly Settlement Statement in the Form of Exhibit C setting forth, among other things, the Series 2000-1 Accrued Interest, the Series 2000-1 Monthly Servicing Fee and the Series 2000-1 Invested Amount.
Monthly Settlement. At the end of each month, the Carriers will submit invoices to the other via the Airline Clearing House (ACH) as follows:
Monthly Settlement. On each Settlement Report Date, the ------------------ Master Servicer shall deliver to the Trustee, the Funding Agent and the Liquidation Servicer a Monthly Settlement Report in the Form of Exhibit E to --------- this Supplement setting forth, among other things, the Series 2000-1 Loss Reserve Ratio, the Series 2000-1 Dilution Reserve Ratio, the Series 2000-1 Minimum Ratio, the Series 2000-1 Ratio, the Series 2000-1 Carrying Cost Reserve Ratio, the Series 2000-1 Servicing Reserve Ratio, the Series 2000-1 Monthly Interest, the Series 2000-1 Additional Interest, the Series 2000-1 Monthly Servicing Fee, the Series 2000-1 Monthly Principal Payment, the Servicer Advances made by the Master Servicer during the related Settlement Period, and Outstanding Amount Advanced as of the end of the related Settlement Period, each as recalculated for the period until the next succeeding Settlement Report Date. The Funding Agent shall forward a copy of each Monthly Settlement Report to any Series 2000-1 Purchaser upon request by such Series 2000-1 Purchaser.
Monthly Settlement. (a) Following Attachment, within thirty (30) calendar days after the end of each Monthly Settlement Period, the Reinsured shall deliver to the Reinsurer a report (the “Monthly Settlement Report”), the form of which the Parties shall reasonably agree upon within one hundred twenty (120) calendar days of the date hereof, which Monthly Settlement Report shall include a statement (the “Net Cash Settlement Statement”) which shall set out a calculation of the net amount due to the Reinsured from the Reinsurer, or the Reinsurer from the Reinsured, under this Reinsurance Agreement for the relevant Monthly Settlement Period (the “Net Cash Settlement Amount”).
Monthly Settlement. (a) On the 7th Business Day prior to each Payment Date, the Custodian shall calculate the LIBOR Rate in effect for such Interest Period;
Monthly Settlement. All charges allocable to Bank hereunder shall be invoiced on a monthly basis in arrears as incurred, and shall be due and payable as invoiced. Both parties shall exercise their best efforts to promptly resolve any settlement dispute(s).
Monthly Settlement. At the end of each month Licensor will supply a financial report detailing all transactions within Licensee's Internet Poker Room, Casino and Sportsbook within the previous calendar month. Also included in this report will be a calculation of Net Rake and Net Gaming Hold earned and due to Licensee. Within 30 days of said calculation Licensor will pay to Licensee the Net Rake and Net Gaming Hold earned during said period less applicable royalty fees, service fees, promotions (sign up bonuses, player comps, incentives, prizes and Cash-based promotions once released to player accounts) and third-party financial processing fees or charges. Should for any reason the account become negative, Licensee shall pay Licensor all fees due within 30 days of said calculation. Net Rake and Net Gaming Hold shall be deemed earned by Licensee when collected by Licensor.
