Common use of Statements to Holders Clause in Contracts

Statements to Holders. (a) On the second Business Day before each Payment Date, the Borrowers shall distribute or make available to the Facility Agent, the Directors, the Liquidity Facility Provider and each Holder of record with respect to such Payment Date which may be delivered by posting such report on an agreed website, a report substantially in the form attached as Exhibit E hereto prepared by the Administrative Agent and setting forth the information described therein after giving effect to such payment (each, a “Monthly Report”) in respect of the Calculation Date immediately preceding such Payment Date and the month then ended.