Common use of Reconciliation of Calculations Clause in Contracts

Reconciliation of Calculations. Following any Determination Period, upon receipt by the Cash Manager of all Servicer Reports in respect of such Determination Period, the Cash Manager shall reconcile the calculations made in accordance with paragraph 1 above to the actual collections set out in the Servicer Reports by allocating the Reconciliation Amount as follows:

Appears in 8 contracts

Samples: Management Agreement, Management Agreement, Management Agreement

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Reconciliation of Calculations. Following any Determination Period, upon receipt by the Cash Manager of all the Servicer Reports Report Information in respect of such Determination Period, the Cash Manager shall reconcile the calculations made in accordance with paragraph Paragraph 1 above (Determination of Revenue Receipts and Principal Receipts) of Schedule 5 to the actual collections Collections set out in the Servicer Reports Report Information by allocating the Reconciliation Amount as follows:

Appears in 1 contract

Samples: Management Agreement

Reconciliation of Calculations. Following any Determination Period, upon receipt by the Cash Manager of all Servicer Reports in respect of such Determination Period, the Cash Manager shall reconcile the calculations made in accordance with paragraph 1 (Determination of Revenue Receipts and Principal Receipts) above to the actual collections set out in the Servicer Reports by allocating the Reconciliation Amount as follows:

Appears in 1 contract

Samples: Management Agreement

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Reconciliation of Calculations. Following the end of any Determination Period, upon receipt by the Cash Manager of all the Servicer Reports in respect of such Determination Period, the Cash Manager shall reconcile the calculations made in accordance with paragraph 1 above (Determination of Revenue Receipts and Redemption Receipts) to the actual collections set out in the Servicer Reports by allocating the Reconciliation Amount as follows:

Appears in 1 contract

Samples: Cash Management Agreement

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