Monthly Servicing Certificate definition

Monthly Servicing Certificate has the meaning specified in Section 4.1(c) of the Base Indenture.
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Monthly Servicing Certificate means a Dutch Monthly Servicing Certificate, a French Monthly Servicing Certificate, a German Monthly Servicing Certificate, a Spanish Monthly Servicing Certificate and/or an Italian Monthly Servicing Certificate, as applicable.
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Monthly Servicing Certificate means the certificate substantially in the form of Schedule B to the Servicing Agreement.
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Examples of Monthly Servicing Certificate in a sentence

  • Notwithstanding anything to the contrary contained in this Agreement, all distributions from any of the accounts described in this Article V and any movement of cash between such accounts shall be made by the Trustee in reliance on information provided to the Trustee by the Servicer in writing, whether by way of the Servicer's Monthly Servicing Certificate or otherwise unless the Trustee has actual knowledge or notice of any inaccuracy therein.

  • The Issuer shall deliver to the Insurer not later than 5:00 p.m., New York City time, (A) on the day that is four Business Days prior to each Payment Date the Monthly Servicing Certificate required by Section 4.1(c) of the Base Indenture and the Monthly Noteholders’ Statement required by Section 4.1(d) of the Base Indenture and (B) on or before each Payment Date the Monthly Collateral Certificate required by Section 4.1(e) of the Base Indenture.

  • The Backup Servicer shall review each Monthly Servicing Certificate required to be provided by the Servicer pursuant to paragraph III.B.6 of the Servicing Agreement and shall notify the Trustee, each Rating Agency and each Certificateholder of any discrepancy in such Monthly Servicing Certificate which cannot be corrected in accordance with paragraph III.B.6 of the Servicing Agreement.

  • The Backup Servicer shall review each Monthly Servicing Certificate required to be provided by the Servicer pursuant to paragraph III.B.6 of the Servicing Agreement and shall notify the Trustee and each Certificateholder of any discrepancy in such Monthly Servicing Certificate which cannot be corrected in accordance with paragraph III.B.6 of the Servicing Agreement.

  • The Servicer shall deliver to the Trustee (which shall deliver a copy to each applicable Certificateholder) and the Seller, on each Determination Date, a Monthly Servicing Certificate with respect to each Trust, substantially in the form of Schedule B hereto containing all information necessary for the Trustee to calculate and make the distributions with respect to each Trust pursuant to Section 5.06 of the Standard Terms and the related Pooling and Servicing Agreements.

  • On each Payment Date, the Indenture Trustee shall deliver the Master Servicer's Monthly Servicing Certificate to Noteholders with respect to such Payment Date to DTC and the Rating Agencies.


More Definitions of Monthly Servicing Certificate

Monthly Servicing Certificate means a Dutch Monthly Servicing Certificate, a French Monthly Servicing Certificate, a German Monthly Servicing Certificate and/or a Spanish Monthly Servicing Certificate, as applicable.
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Monthly Servicing Certificate means a Dutch Monthly Servicing Certificate, a French Monthly Servicing Certificate, a German Monthly Servicing Certificate and/or a Spanish Monthly Servicing Certificate, as applicable. “Monthly Third Party Xxxx” means, with respect to any Eligible Vehicle, as of any date Autovista Group obtains market values that can be used by a FleetCo, the market value of such Eligible Vehicle for the model class and model year of such Eligible Vehicle, based on the average equipment and the average mileage of each vehicle of such model class and model year as quoted in the Autovista Group information most recently available as of such date. “Monthly Variable Rent” has the meaning specified in Clause 4.5 of the Master Lease. “Moody’s” means Xxxxx’x Investors Service. “Motor Third Party Liability Cover” has the meaning specified in Clause 5.1.2 of the Master Lease. “MSRP” means as of any date of determination, with respect to each Lease Vehicle, the Manufacturer’s suggested retail price for such Lease Vehicle, as determined by the Servicer in its reasonable discretion based on such Lease Vehicle’s characteristics. “Net Book Value” means, with respect to any Lease Vehicle, as of any date of determination, the excess (if any) of (i) the Capitalized Cost of such Lease Vehicle over (ii) the Accumulated Depreciation with respect to such Lease Vehicle, in each case as of such date. “Net VAT Receivables” means VAT Receivables less VAT Payables. “Non-conforming Lease Vehicle” means any vehicle made available for lease by a Lessor to the applicable Lessee pursuant to a Lease Vehicle Acquisition Schedule that does not conform in all material respects to the Basic Lease Vehicle Information with respect to such vehicle. “Non-Extending Purchaser” has the meaning specified in Clause 2.6(c) (Procedures for Extension Consents) of the Issuer Facility Agreement. “Non-Franchisee Third Party Sublease Contractual Criteria” means, with respect to the sublease of Lease Vehicles by a Lessee to a Person other than a franchisee, the related sublease: 62 CONFIDENTIAL INFORMATION REDACTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. OMITTED PORTIONS INDICATED BY [*REDACTED*].
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