Common use of Series Calculation Agent Report Clause in Contracts

Series Calculation Agent Report. The Calculation Agent shall deliver a report of the following items together with each Calculation Agent Report pursuant to Section 3.1 of the Base Indenture to the extent received from the Servicer, with respect to the Series 2019-VF1 Notes: (i) the Advance Ratio for each Designated Pool, and whether the Advance Ratio for such Designated Pool exceeds 100%; (ii) the Market Value Ratio for each Designated Pool, and whether the Market Value Ratio for such Designated Pool exceeds 25%; (iii) a list of each Target Amortization Event for the Series 2019-VF1 Notes and presenting a yes or no answer beside each indicating whether each such Target Amortization Event has occurred as of the end of the Monthly Advance Collection Period preceding the upcoming Payment Date or the Advance Collection Period preceding the upcoming Interim Payment Date; (iv) whether any Receivable, or any portion of the Receivables, attributable to a Designated Pool, has a Collateral Value of zero by virtue of the definition of “Collateral Value” or Section 4 of this Indenture Supplement; (v) a calculation of the Net Proceeds Coverage Percentage in respect of each of the three preceding Monthly Advance Collection Periods (or each that has occurred since the date of this Indenture Supplement, if less than three), and the arithmetic average of the three; (vi) the Monthly Reimbursement Rate for the upcoming Payment Date or Interim Payment Date; (vii) whether any Target Amortization Amount that has become due and payable has been paid; (viii) the PSA Stressed Nonrecoverable Advance Amount for the upcoming Payment Date or Interim Payment Date; (ix) the Trigger Advance Rate for such Notes; and (x) the arithmetic average of the Deficient Documentation Percentages provided in each of the three most recent reports delivered pursuant to Section 3.3(d) of the Base Indenture. In addition to the information provided in the above Calculation Agent Report, to the extent the following information is specifically provided to the Calculation Agent by the Servicer, the Calculation Agent shall promptly, upon written request to the Calculation Agent, provide in the Calculation Agent Report such other financial or non-financial information, documents, records or reports with respect to the Receivables or the condition or operations, financial or otherwise, of the Servicer. For the avoidance of doubt, the Calculation Agent shall not be responsible for reporting any written requests for reimbursement of Xxxxxx Xxx Advances submitted to Xxxxxx Mae by the Servicer, the Administrative Agent or any other Person.

Series Calculation Agent Report. The Calculation Agent shall deliver a report of the following items together with each Calculation Agent Report pursuant to Section 3.1 of the Base Indenture to the extent received from the Servicer, with respect to the Series 20192013-VF1 T1 Notes: (i) the Advance Ratio for each Designated Pool, and whether the Advance Ratio for such Designated Pool exceeds 100%; (ii) the Market Value Ratio for each Designated Pool, and whether the Market Value Ratio for such Designated Pool exceeds 25%; (iii) a list of each Target Amortization Event for the Series 20192013-VF1 T1 Notes and presenting a yes or no answer beside each indicating whether each such Target Amortization Event has occurred as of the end of the Monthly Advance Collection Period preceding the upcoming Payment Date or the Advance Collection Period preceding the upcoming Interim Payment Date; (iv) whether any Receivable, or any portion of the Receivables, attributable to a Designated Pool, has a Collateral Value of zero by virtue of the definition of “Collateral Value” or Section 4 of this Indenture Supplementzero; (v) a calculation of the Net Proceeds Coverage Percentage in respect of each of the three preceding Monthly Advance Collection Periods (or each that has occurred since the date of this Indenture Supplement, if less than three), and the arithmetic average of the three; (vi) the Monthly Reimbursement Rate for the upcoming Payment Date or Interim Payment Date; (vii) whether any Target Amortization Amount that has become due and payable has been paid; (viii) the PSA Stressed Nonrecoverable Non-Recoverable Advance Amount for the upcoming Payment Date or Interim Payment Date;; and (ix) the Trigger Advance Rate for such Notes; and (x) the arithmetic average of the Deficient Documentation Percentages provided in each of the three most recent reports delivered pursuant to Section 3.3(d) of the Base Indenture. In addition to the information provided in the above Calculation Agent Report, to the extent the following information is specifically provided to the Calculation Agent by the Servicer, the Calculation Agent shall promptly, upon written request to the Calculation Agent, provide in the Calculation Agent Report such other financial or non-financial information, documents, records or reports with respect to the Receivables or the condition or operations, financial or otherwise, of the Servicer. For the avoidance of doubt, the Calculation Agent shall not be responsible for reporting any written requests for reimbursement of Xxxxxx Xxx Advances submitted to Xxxxxx Mae by the Servicer, the Administrative Agent or any other PersonClass.

Series Calculation Agent Report. The Calculation Agent shall deliver a report of the following items together with each Calculation Agent Report pursuant to Section 3.1 of the Base Indenture to the extent received from the Servicer, with respect to the Series 2019-VF1 Notes: (i) the Advance Ratio for each Designated PoolSecuritization Trust, and whether the Advance Ratio for such Designated Pool Securitization Trust exceeds 100%; (ii) the Market Value Ratio for each Designated Pool, and whether the Market Value Ratio for such Designated Pool exceeds 25%; (iii) a list of each Target Amortization Event for the Series 2019-VF1 Notes and presenting a yes or no answer beside each indicating whether each such Target Amortization Event has occurred as of the end of the Monthly Advance Collection Period preceding the upcoming Payment Date or the Advance Collection Period preceding the upcoming Interim Payment Date; (iviii) whether any Receivable, or any portion of the Receivables, attributable to a Designated PoolSecuritization Trust, has a Collateral Value of zero by virtue of the definition of “Collateral Value” or Section 4 of this Indenture Supplement; (viv) a calculation of the Net Proceeds Coverage Percentage in respect of each of the three preceding Monthly Advance Collection Periods (or each that has occurred since the date of this Indenture Supplement, if less than three), and the arithmetic average of the three; (viv) the Monthly Reimbursement Rate for the upcoming Payment Date or Interim Payment Date; (viivi) whether any Target Amortization Amount that has become due and payable has been paid;; and (viii) the PSA Stressed Nonrecoverable Advance Amount for the upcoming Payment Date or Interim Payment Date; (ixvii) the Trigger Advance Rate for such Notes; and (x) the arithmetic average of the Deficient Documentation Percentages provided in each of the three most recent reports delivered pursuant to Section 3.3(d) of the Base IndentureClass. In addition to the information provided in the above Calculation Agent Report, to the extent the following information is specifically provided to the Calculation Agent by the Servicer, the Calculation Agent shall promptly, upon written request to the Calculation Agent, provide in the Calculation Agent Report such other financial or non-financial information, documents, records or reports with respect to the Receivables or the condition or operations, financial or otherwise, of the Servicer. For the avoidance of doubt, the Calculation Agent shall not be responsible for reporting any written requests for reimbursement of Xxxxxx Xxx Advances submitted to Xxxxxx Mae by the Servicer, the Administrative Agent or any other Person.

Series Calculation Agent Report. The Calculation Agent shall deliver a report of the following items together with each Calculation Agent Report pursuant to Section 3.1 of the Base Indenture to the extent received from the Servicer, with respect to the Series 20192013-VF1 T2 Notes: (i) the Advance Ratio for each Designated Pool, and whether the Advance Ratio for such Designated Pool exceeds 100%; (ii) the Market Value Ratio for each Designated Pool, and whether the Market Value Ratio for such Designated Pool exceeds 25%; (iii) a list of each Target Amortization Event for the Series 20192013-VF1 T2 Notes and presenting a yes or no answer beside each indicating whether each such Target Amortization Event has occurred as of the end of the Monthly Advance Collection Period preceding the upcoming Payment Date or the Advance Collection Period preceding the upcoming Interim Payment Date; (iv) whether any Receivable, or any portion of the Receivables, attributable to a Designated Pool, has a Collateral Value of zero by virtue of the definition of “Collateral Value” or Section 4 of this Indenture Supplementzero; (v) a calculation of the Net Proceeds Coverage Percentage in respect of each of the three preceding Monthly Advance Collection Periods (or each that has occurred since the date of this Indenture Supplement, if less than three), and the arithmetic average of the three; (vi) the Monthly Reimbursement Rate for the upcoming Payment Date or Interim Payment Date; (vii) whether any Target Amortization Amount that has become due and payable has been paid; (viii) the PSA Stressed Nonrecoverable Non-Recoverable Advance Amount for the upcoming Payment Date or Interim Payment Date;; and (ix) the Trigger Advance Rate for such Notes; and (x) the arithmetic average of the Deficient Documentation Percentages provided in each of the three most recent reports delivered pursuant to Section 3.3(d) of the Base Indenture. In addition to the information provided in the above Calculation Agent Report, to the extent the following information is specifically provided to the Calculation Agent by the Servicer, the Calculation Agent shall promptly, upon written request to the Calculation Agent, provide in the Calculation Agent Report such other financial or non-financial information, documents, records or reports with respect to the Receivables or the condition or operations, financial or otherwise, of the Servicer. For the avoidance of doubt, the Calculation Agent shall not be responsible for reporting any written requests for reimbursement of Xxxxxx Xxx Advances submitted to Xxxxxx Mae by the Servicer, the Administrative Agent or any other PersonClass.

Series Calculation Agent Report. The Calculation Agent shall deliver a report of the following items together with each Calculation Agent Report pursuant to Section 3.1 of the Base Indenture to the extent received from the Servicer, with respect to the Series 20192013-VF1 Notes: (i) the Advance Ratio for each Designated Pool, and whether the Advance Ratio for such Designated Pool exceeds 100%; (ii) the Market Value Ratio for each Designated Pool, and whether the Market Value Ratio for such Designated Pool exceeds 25%; (iii) a list of each Target Amortization Event for the Series 20192013-VF1 Notes and presenting a yes or no answer beside each indicating whether each such Target Amortization Event has occurred as of the end of the Monthly Advance Collection Period preceding the upcoming Payment Date or the Advance Collection Period preceding the upcoming Interim Payment Date;. (iv) whether any Receivable, or any portion of the Receivables, attributable to a Designated Pool, has a zero Collateral Value of zero by virtue of the definition of “Collateral Value” or Section 4 of this Indenture Supplement; (v) a calculation of the Net Proceeds Coverage Percentage in respect of each of the three preceding Monthly Advance Collection Periods (or each that has occurred since the date of this Indenture Supplement, if less than three), and the arithmetic average of the three; (vi) the Monthly Reimbursement Rate for the upcoming Payment Date or Interim Payment Date; (vii) whether any Target Amortization Amount that has become due and payable has been paid; (viii) the PSA Stressed Nonrecoverable Non-Recoverable Advance Amount for the upcoming Payment Date or Interim Payment Date;; and (ix) the Trigger Advance Rate for such Notes; and (x) the arithmetic average of the Deficient Documentation Percentages provided in each of the three most recent reports delivered pursuant to Section 3.3(d) of the Base IndentureClass. In addition to the information provided in the above Calculation Agent Report, to the extent the following information is specifically provided to the Calculation Agent by the ServicerNationstar, the Calculation Agent shall promptly, upon written request from time to the Calculation Agenttime, provide in the Calculation Agent Report such other financial or non-financial information, documents, records or reports with respect to the Receivables or the condition or operations, financial or otherwise, of Nationstar, including any information available to Nationstar, as the Servicer. For the avoidance Administrator or any Noteholder of doubt, the Calculation Agent shall not be responsible for reporting any written requests for reimbursement of Xxxxxx Xxx Advances submitted a Series 2013-VF1 Note may from time to Xxxxxx Mae by the Servicer, time reasonably request in order to assist the Administrative Agent or any other Personsuch Noteholder in complying with the requirements of Article 122a(4) and (5) of the CRD as may be applicable to the Administrative Agent or such Noteholder of a Series 2013-VF1 Note.