REPORTS BY TRUSTEE TO BONDHOLDERS. The Trustee shall prepare and deliver to the Issuer, the Rating Agency and each Bondholder not later than one (1) Business Day following each Payment Date, a statement (a "Payment Date Statement") with respect to such Payment Date setting forth the following information:
Appears in 3 contracts
Samples: Custodial Agreement (National Collegiate Trust 1996-S2), Indenture (National Collegiate Trust 1996-S2), Custodial Agreement (National Collegiate Trust 1996-S2)
REPORTS BY TRUSTEE TO BONDHOLDERS. The Trustee shall prepare and deliver to the Issuer, the Bond Insurer, each Rating Agency and each Bondholder not later than one (1) Business Day following each Payment Date, a statement (a "Payment Date Statement") with respect to such Payment Date setting forth the following information:
Appears in 1 contract
Samples: Administration Agreement (National Collegiate Trust 1997-S2)
