Determination Date Administrator Report definition

Determination Date Administrator Report. A report delivered by the Administrator as described in Section 3.2(a), which shall be delivered in the form of one or more electronic files.

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Determination Date Administrator Report. (in electronic form) setting forth each data item required to be reported by the Calculation Agent to Noteholders, each Derivative Counterparty (as applicable, with respect to the related Series of Notes) and each Note Rating Agency in its Calculation Agent Report pursuant to Section 3.1.

Determination Date Administrator Report. (in electronic form) setting forth each data item required to be reported by the Calculation Agent to Noteholders and each Note Rating Agency in its Calculation Agent Report pursuant to Section 3.1. By no later than 3:00 p.m. Eastern Time on the Business Day before each Payment Date or Interim Payment Date, the Administrator shall deliver to the Indenture Trustee and each VFN Holder a certification, signed by a Responsible Officer of the Servicer, that all Amounts Held for Future Distribution that were required to be restored to the Dedicated Collection Accounts during the preceding Monthly Advance Collection Period were restored when required pursuant to Section 4.2(c). The Indenture Trustee may rely on the most recent Determination Date Administrator Report provided to the Indenture Trustee by the Administrator.

Examples of Determination Date Administrator Report in a sentence

If the Administrator supplies no information to the Indenture Trustee in its Determination Date Administrator Report concerning New Receivables Funding Amounts or payments on any Variable Funding Note in respect of an Interim Payment Date, then the Indenture Trustee shall apply no Available Funds to pay New Receivables Funding Amounts or to make payment on any Note on such Interim Payment Date.
The Indenture Trustee shall be entitled to rely conclusively on any VFN Note Balance Adjustment Request and the related Determination Date Administrator Report and Funding Certification.
In addition, each Determination Date Administrator Report shall include a list of the Receivables, and any such list or related trial balance or Schedule of Receivables, and any other list of the Receivables provided by the Servicer, the Receivables Seller or the Issuer to any third party shall include language indicating that the Receivables identified therein are subject to the Indenture Trustee’s Security Interest.
The Indenture Trustee will make each Determination Date Administrator Report, Payment Date Report and Interim Payment Date Report (and, at its option, any additional files containing the same information in an alternative format) available each month to any interested parties via the Indenture Trustee’s internet website and such other information as the Indenture Trustee may have in its possession, but only with the use of a password provided by the Indenture Trustee.
If the Administrator supplies no information to the Indenture Trustee in its Determination Date Administrator Report concerning New Receivables Funding Amounts or payments on any Class A-2 Note in respect of an Interim Payment Date, then the Indenture Trustee shall apply no Available Funds to pay New Receivables Funding Amounts or to make payment on any Class A-2 Note on such Interim Payment Date.
If a Principal Payment Condition exists for any Interim Payment Date, the Administrator must provide a Determination Date Administrator Report to the Indenture Trustee.
The Servicer shall provide to the Calculation Agent and the Administrative Agent by 3:00 p.m. Eastern Time on the second Business Day preceding each Funding Date (or such other time as may be agreed to from time to time by the Servicer, the Indenture Trustee, the Calculation Agent, and the Administrative Agent) the applicable Determination Date Administrator Report, and a separate electronic file containing loan level data as applicable in respect of the information set forth below.
The Indenture Trustee may reasonably rely without investigation on the most recent Determination Date Administrator Report provided to the Indenture Trustee by the Administrator in preparing the Payment Date Reports and Interim Payment Date Reports (if any).
The Indenture Trustee will make each Determination Date Administrator Report, Payment Date Report and Interim Payment Date Report (and, at its option, any additional files containing the same information in an alternative format) available each month to any interested parties via the Indenture Trustee's internet website and such other information as the Indenture Trustee may have in its possession, but only with the use of a password provided by the Indenture Trustee.
In addition, each Determination Date Administrator Report shall include a list of the Receivables, and any such list or related trial balance or Schedule of Receivables, and any other list of the Receivables provided by the Servicer, the Receivables Seller or the Issuer to any third party (other than any lists provided from time to time solely to ▇▇▇▇▇▇▇ Mac or ▇▇▇▇▇▇ Mae) shall include language indicating that the Receivables identified therein are subject to the Indenture Trustee’s Security Interest.

More Definitions of Determination Date Administrator Report

Determination Date Administrator Report. (in electronic form) setting forth each data item required to be reported by the Calculation Agent to Noteholders and the Note Rating Agency in its Calculation Agent Report pursuant to Section 3.1. By no later than 3:00 p.m. Eastern Time on the Business Day before each Payment Date or Interim Payment Date, the Administrator shall deliver to the Indenture Trustee and each VFN Holder a certification, signed by a Responsible Officer of the Servicer, that all Amounts Held for Future Distribution that were required to be restored to the Dedicated Collection Accounts during the preceding Monthly Advance Collection Period were restored when required pursuant to Section 4.2(c). The Indenture Trustee may rely on the most recent Determination Date Administrator Report provided to the Indenture Trustee by the Administrator (it being understood that the Indenture Trustee shall have no independent duty to verify: (i) the Adjusted Tangible Equity, (ii) the occurrence of the events described in clause (v), (x), (xi) and (xii) of the definition of “Early Amortization Event,” (iii) compliance with clause (vi) of the definition of “Eligible Subservicing Agreement,” and (iv) that all Notes meet the criteria set forth in the last proviso of the definition of “Note Interest Rate.”)