Asset Report definition

Asset Report has the meaning set forth in Section 5.4.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Asset Report means a duly completed report in the form set out in Schedule 3 (Form of Asset Report) as such form may be modified from time to time with the consent of the Co-ordinator and the Facility Agent (acting reasonably);

Asset Report means a report, in substantially the form of Exhibit B, furnished by the Servicer to the Buyer pursuant to Section 6.06(b).

Examples of Asset Report in a sentence

In the event Borrower requests a Special Determination, Borrower shall deliver written notice of such request to Banks which shall include (i) a Related Asset Report and a Reserve Report prepared as of a date not more than thirty (30) days prior to the date of such request, and (ii) the amount of the Borrowing Base requested by Borrower and to become effective on the Determination Date applicable to such Special Determination.
In the event Administrative Agent or Required Banks request such a Special Determination, Administrative Agent shall promptly deliver notice of such request to Borrower and Borrower shall, within ten (10) days following the date of such request, deliver to Banks a Related Asset Report and a Reserve Report prepared as of the last day of the calendar month preceding the date of such request.
If timely objection is made by Purchaser to the Net Asset Report, and the Seller and Purchaser are able to resolve their differences in writing within fifteen (15) days following the expiration of such thirty (30) day period, then the Net Asset Report, as resolved, shall become final and binding as it relates to this Agreement.
If timely objection is not made by Purchaser to the Net Asset Report, the Net Asset Report shall become final and binding for purposes of this Agreement.
Alternatively, if the Noncomplying Receivables Adjustment is a negative number, such number shall be shown on the Asset Report as an amount due to such Originator, and the Buyer shall pay to such Originator the amount, if any, shown on the Asset Report as the net amount due from Buyer to such Originator.

More Definitions of Asset Report

Asset Report means a Monthly Report or a Weekly Report.

Asset Report has the meaning set forth in the Receivables Purchase Agreement.

Asset Report has the meaning set forth in Section 5.4. 1007933761v22

Asset Report means a Monthly Report or a Weekly

Asset Report means a report, in substantially the form of Exhibit E, furnished by the Servicer to the Deal Agent for the Purchaser pursuant to Section 2.06(a). "Asset Sale Agreement" means that certain Asset Sale and Contribution Agreement of even date herewith between the Initial Servicer and the Seller, as such agreement may be amended, supplemented or modified from time to time. "Asset Sale Assets" means all right, title and interest of the Seller in, to and under the Asset Sale Agreement, including, without limitation, all obligations due and to become due to the Seller from the Initial Servicer under or in connection therewith, whether as Assets or fees, expenses, costs, indemnities, insurance recoveries, damages for breach or otherwise, and all rights, remedies, powers, privileges and claims of the Seller against Initial Servicer under or with respect to the Asset Sale Agreement.

Asset Report. As described in Section 4.2 of the Sale and Servicing Agreement.

Asset Report a report prepared by Borrower setting forth the aging and payment status of all Eligible Accounts.