PLEDGED ACCOUNTS REPORTS BY TRUSTEE. The Trustee shall prepare and deliver to the Issuer not later than the tenth (10th) Business Day after the end of each calendar quarter, a report, with respect to each Pledged Account securing the Bonds, setting forth the following information: (1) the balance in each Pledged Account at the beginning and end of such calendar quarter; (2) the cash and Eligible Investments held in each Pledged Account at the end of such calendar quarter; and (3) the aggregate amount of reinvestment income with respect to each Pledged Account received during such calendar quarter.
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Samples: Indenture (National Collegiate Trust 1996-S2), Indenture (National Collegiate Trust 1996-S2), Indenture (National Collegiate Trust 1996-S2)
PLEDGED ACCOUNTS REPORTS BY TRUSTEE. The Trustee shall prepare and deliver to the Issuer and the Bond Insurer not later than the tenth (10th) Business Day after the end of each calendar quarter, a report, with respect to each Pledged Account securing the Bonds, setting forth the following information:
(1) the balance in each Pledged Account at the beginning and end of such calendar quarter;
(2) the cash and Eligible Investments held in each Pledged Account at the end of such calendar quarter; and
(3) the aggregate amount of reinvestment income with respect to each Pledged Account received during such calendar quarter.
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