Common use of Servicer’s Accounting Clause in Contracts

Servicer’s Accounting. On each Determination Date, the Servicer shall deliver to each of the trustees and other applicable parties under the Further Transfer Agreements and to the Depositor and the Rating Agencies a Servicer’s Accounting with respect to the immediately preceding Monthly Period executed by any Authorized Officer of the Servicer containing all information necessary to each such party for making any distributions required by this Agreement and the Further Transfer Agreements, and all information necessary to each such party for sending any statements required under the Further Transfer Agreements. Receivables to be purchased by the Servicer under Section 2.07 or to be repurchased by the Depositor, the Seller or the Servicer under Pooling Agreement and the Further Transfer Agreements as of the last day of any Monthly Period shall be identified by Receivable number (as set forth in the Schedule of Receivables). With respect to any Receivables for which the Depositor is the Owner, the Servicer shall deliver to the Depositor such accountings relating to such Receivables and the actions of the Servicer with respect thereto as the Depositor may reasonably request.

Appears in 81 contracts

Samples: Servicing Agreement (Ally Auto Receivables Trust 2024-1), Servicing Agreement (Ally Auto Receivables Trust 2024-1), Servicing Agreement (Ally Auto Receivables Trust 2023-1)

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Servicer’s Accounting. On each Determination DateDate under a Further Transfer and Servicing Agreement, the Servicer shall deliver to each of the trustees and other applicable parties under the Further Transfer and Servicing Agreements and to the Depositor XXXX and the Rating Agencies a Servicer’s Accounting with respect to the immediately preceding Monthly Period executed by any Authorized Officer of the Servicer containing all information necessary to each such party for making any distributions required by this Agreement and the Further Transfer and Servicing Agreements, and all information necessary to each such party for sending any statements required under the Further Transfer and Servicing Agreements. Receivables to be purchased by the Servicer under Section 2.07 Sections 3.07 or 5.04 or to be repurchased by the DepositorXXXX, the Seller Servicer or the Servicer Seller under Pooling Agreement and the Further Transfer and Servicing Agreements as of the last day of any Monthly Period shall be identified by Receivable number (as set forth in the Schedule of Receivables). With respect to any Receivables for which the Depositor XXXX is the Owner, the Servicer shall deliver to the Depositor XXXX such accountings relating to such Receivables and the actions of the Servicer with respect thereto as the Depositor XXXX may reasonably request.

Appears in 26 contracts

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-2), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-2), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-1)

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Servicer’s Accounting. On each Determination DateDate under a Further Transfer and Servicing Agreement, the Servicer shall deliver to each of the trustees and other applicable parties under the Further Transfer and Servicing Agreements and to the Depositor XXXX and the Rating Agencies a Servicer’s 's Accounting with respect to the immediately preceding Monthly Period executed by the President or any Authorized Officer Vice President of the Servicer containing all information necessary to each such party for making any distributions required by this Agreement and the Further Transfer and Servicing Agreements, and all information necessary to each such party for sending any statements required under the Further Transfer and Servicing Agreements. Receivables to be purchased by the Servicer under Section 2.07 Sections 3.08 or 5.04 or to be repurchased by the Depositor, the Seller XXXX or the Servicer GMAC under Pooling Agreement and the Further Transfer and Servicing Agreements as of the last day of any Monthly Period shall be identified by Receivable number (as set forth in the Schedule of Receivables). With respect to any Receivables for which the Depositor XXXX is the Owner, the Servicer shall deliver to the Depositor XXXX such accountings relating to such Receivables and the actions of the Servicer with respect thereto as the Depositor XXXX may reasonably request.

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Inc), Pooling and Servicing Agreement (Capital Auto Receivables Inc), Pooling and Servicing Agreement (Capital Auto Receivables Inc)

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