Common use of Monthly Tape Clause in Contracts

Monthly Tape. (a) On or before the fourth Business Day, but in no event later than the fifth calendar day, of each month, the Servicer will deliver to the Trust Collateral Agent, the Insurer and the Backup Servicer a computer tape and a diskette (or any other electronic transmission acceptable to the Trust Collateral Agent, the Insurer and the Backup Servicer) in a format acceptable to the Trust Collateral Agent and the Backup Servicer containing the information with respect to the Receivables as of the preceding Determination Date necessary for preparation of the Servicer's Certificate relating to the immediately succeeding Determination Date and necessary to determine the application of collections as provided in Section 5.4.

Monthly Tape. (a) On or before the fourth Business Day, but in no event later than the fifth calendar day, of each month, the Servicer will deliver or cause to be delivered to the Trust Collateral Agent, Agent and the Insurer and the Backup Servicer a computer tape and a diskette (or any other electronic transmission acceptable to the Trust Collateral Agent, Agent and the Insurer and the Backup Servicer) in a format acceptable to the Trust Collateral Agent and the Backup Servicer Insurer, containing the information with respect to the Receivables as of the preceding Determination Date necessary for preparation of the Servicer's Certificate relating to the immediately succeeding Determination Date and necessary to determine the application of collections as provided in Section 5.4.