Settlement and Weekly Reports Clause Samples

Settlement and Weekly Reports. The Servicer shall prepare and forward to the Agent and the Co-Agent (i) on each Monthly Reporting Date, a Settlement Report and an electronic file of the data contained therein, (ii) upon two (2) Business Day's notice by Agent, a listing by Obligor of all Receivables together with an aging of such Receivables in an electronic file format satisfactory to the Agent, and (iii) not later than 12:00 noon (Alabama time) on each Weekly Reporting Date, a Weekly Report as of midnight (Alabama time) on the immediately preceding Sunday, and an electronic file of the data contained therein; PROVIDED, HOWEVER, that the Agent may request that the Servicer deliver a Settlement Report more frequently than monthly.