Common use of Reports; Monitoring Clause in Contracts

Reports; Monitoring. (i) On each Business Day, Disbursement Agent shall provide to Buyer a reconciliation report with respect to all cash activity in each Transaction Account. Additionally, upon request Disbursement Agent shall provide to Seller a reconciliation report with respect to all cash activity on the Wire-out Account and the Settlement Account.

Appears in 4 contracts

Samples: Custodial and Disbursement (American Home Mortgage Investment Corp), Custodial and Disbursement Agreement (American Home Mortgage Investment Corp), Custodial and Disbursement Agreement (American Home Mortgage Investment Corp)

AutoNDA by SimpleDocs

Reports; Monitoring. (i) On each Business Day, Disbursement Agent shall provide to the Buyer a reconciliation report with respect to all cash activity in each Transaction Account. Additionally, upon request Disbursement Agent shall provide to Seller Sellers a reconciliation report with respect to all cash activity on the Wire-out Account and the Settlement Account.

Appears in 1 contract

Samples: Custodial Agreement (MortgageIT Holdings, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.