Monthly Settlement Report. 20 SCHEDULE C................................................................. 21
Monthly Settlement Report. The Administrative Agent, each Funding Agent and the Collateral Agent shall have received a Monthly Settlement Report with respect to September, 2009.
Monthly Settlement Report. The Funding Agent and the ------------------------- Trustee shall have received a Monthly Settlement Report for December, 2000.
Monthly Settlement Report. Due Reinsurer The Monthly Premium shall equal the portion of the total monthly charge under the underlying contracts that is intended to cover the liability assumed by the Reinsurer. The Reinsurer and Reinsured shall agree upon the designated charge for each contract upon its issuance, and upon any subsequent change to the designated charge. The total monthly contract charge is determined in arrears and equals the sum of the preceding month’s daily equivalent of the annual contract charge.
Monthly Settlement Report. 12 SCHEDULE C......................................................................13
Monthly Settlement Report. The Funding Agent shall have received a Monthly Settlement Report as of February 28, 2003.
Monthly Settlement Report. A. Ending receivable balance
1. For each Monthly Settlement Report selected, we will prove the arithmetical accuracy of the ending receivable balance based on the following formula:
(i) beginning receivable balance less
(ii) aggregate initial collections plus
(iii) new sales less
(iv) non-contractual dilutions less
(v) timely payment discounts/commissions issued less
(vi) volume rebates issued less
(vii) write-offs prior to 60 days past due less
(viii) write-offs past 60 days past due plus or less
(ix) other adjustments less
(x) repurchased receivables less
(xi) ineligible receivables plus
(xii) misdirected collections less
(xiii) accounts payable off-sets plus
(xiv) mechanical zero off-sets less
(xv) forward exchange adjustment.
2. For each Monthly Settlement Report selected, we will compare the balances in categories (i) through (xiv) to the sum of each such category from all Daily Reports produced by the Master Servicer during the relevant Settlement Period.
B. Aggregate receivables balance
1. Using the Monthly Settlement Reports selected in 1 above, we will prove the arithmetical accuracy of the aggregate receivable balance reported therein based on the following formula:
Monthly Settlement Report. Due Reinsurer
Monthly Settlement Report. The Administrator shall have received a Monthly Settlement Report as of February 28, 2003. ARTICLE X [RESERVED] 45 ARTICLE XI
Monthly Settlement Report. Each Funding Agent and the Trustee shall have received a Monthly Settlement Report for March 2006.
