Common use of Pool Reports Clause in Contracts

Pool Reports. As soon as available and in any event not later than two (2) Business Days prior to each Settlement Date, an Information Package as of the most recently completed Fiscal Month; provided, that, at any time after Parent’s credit rating by Fitch falls below “B+”, to the extent requested by the Administrative Agent, the Borrower shall furnish or cause to be furnished to the Administrative Agent and each Lender a weekly Interim Report, on each Interim Report Delivery Date, with respect to the Pool Receivables with data as of the close of business on the related Interim Report Cut-off Date; provided, further, that, at any time after the occurrence and continuance of an Event of Default, the Administrative Agent may specify in such notice that such Interim Report be furnished to the Administrative Agent and each Lender on a more frequent basis until the Administrative Agent gives notices otherwise.

Pool Reports. As soon as available and in any event not later than two (2) Business Days prior to each Settlement Date, an Information Package as of the most recently completed Fiscal Month; provided, that, at any time after Parent’s credit rating by Fitch S&P falls below “B1” or “B+”, to the extent requested by the Administrative Agent, the Borrower Servicer shall furnish or cause to be furnished to the Administrative Agent and each Lender a weekly Interim Report, on each Interim Report Delivery Date, with respect to the Pool Receivables with data as of the close of business on the related Interim Report Cut-off Date; provided, further, that, at any time after the occurrence and continuance of an Event of Default, the Administrative Agent may specify in such notice that such Interim Report be furnished to the Administrative Agent and each Lender on a more frequent basis until the Administrative Agent gives notices otherwise.

Pool Reports. As soon as available and in any event not later than two (2) Business Days prior to each Settlement Date, an Information Package as of the most recently completed Fiscal Month; provided, that, at any time after Parent’s credit rating by Fitch falls below “B+”, to the extent requested by the Administrative Agent, the Borrower Servicer shall furnish or cause to be furnished to the Administrative Agent and each Lender a weekly Interim Report, on each Interim Report Delivery Date, with respect to the Pool Receivables with data as of the close of business on the related Interim Report Cut-off Date; provided, further, that, at any time after the occurrence and continuance of an Event of Default, the Administrative Agent may specify in such notice that such Interim Report be furnished to the Administrative Agent and each Lender on a more frequent basis until the Administrative Agent gives notices otherwise.

Pool Reports. As soon as available and in any event not later than two (2) Business Days prior to each Settlement Date, an Information Package as of the most recently completed Fiscal Month; provided, that, at any time after Parent’s credit rating by Fitch S&P falls below “B1” or “B+”, to the extent requested by the Administrative Agent, the Borrower shall furnish or cause to be furnished to the Administrative Agent and each Lender a weekly Interim Report, on each Interim Report Delivery Date, with respect to the Pool Receivables with data as of the close of business on the related Interim Report Cut-off Date; provided, further, that, at any time after the occurrence and continuance of an Event of Default, the Administrative Agent may specify in such notice that such Interim Report be furnished to the Administrative Agent and each Lender on a more frequent basis until the Administrative Agent gives notices otherwise.