Payment Date Statement definition

Payment Date Statement means a report prepared by the Administrator setting forth certain information relating to the Reference Pool, the Notes, the Reference Tranches and the hypothetical structure described in the Offering Memorandum, which will be in such form as is required under the Offering Memorandum and otherwise as agreed upon between the Administrator and the Indenture Trustee.

Payment Date Statement means a report setting forth certain information relating to the Reference Pool, the Notes, the Reference Tranches and the hypothetical structure described in the Prospectus, which shall be in such form as is required under the Prospectus and otherwise as agreed upon between the Issuer and the Global Agent.

Payment Date Statement has the meaning provided in Section 2.12(d).

Examples of Payment Date Statement in a sentence

• The Global Agent is entitled to rely on but will not be responsible for the content or accuracy of any information provided by third parties for purposes of preparing the Payment Date Statement and may affix thereto any disclaimer it deems appropriate in its reasonable discretion (without suggesting liability on the part of any other party hereto).

• The Global Agent may change the way the Global Agent’s Payment Date Statement is distributed in order to make such distribution more convenient or more accessible to such persons or entities.

• As soon as practicable after the principal and interest payments are determined for the Notes, and in no event less than five (5) Business Days prior to the applicable Payment Date, the Global Agent shall forward to the Issuer at xxx_xxxxxxxxxx_xxxxxxx@xxxxxxxxxx.xxx, the Payment Date Statement, which shall be substantially in the form of Exhibit H hereto and the Bond File, which shall be substantially in the form of Exhibit I-1 and Exhibit I-2 hereto, as applicable.

• This Payment Date Statement is delivered pursuant to Section 5.02 of the Agreement.

• Capitalized terms used in this Payment Date Statement have their respective meanings as set forth in the Agreement.

More Definitions of Payment Date Statement

Payment Date Statement. A statement prepared by the Collateral Agent and verified by the Collateral Manager prior to each Payment Date setting forth the calculation of each amount payable out of available Collections on such Payment Date pursuant to either Section 2.7 or 2.8(a), as applicable, together with the payment information for each recipient of such amounts.

Payment Date Statement means the monthly report prepared by the Indenture Trustee, as set forth in the STACR Documentation.

Payment Date Statement. As defined in Section 5.04(a) hereof.

Payment Date Statement shall have the meaning provided in Section 5.1.

Payment Date Statement. The statement prepared pursuant to Section 2.08(d) with respect to collection on or in respect of the Mortgage Loans and other assets of the Trust Estate and payments on or in respect of the Notes, based upon the information contained in the Servicer Remittance Report prepared pursuant to the Servicing Agreement and setting forth the following information with respect to each Payment Date (to the extent the Servicer has made such information (other than the information described in clause (ii), (iii), (iv), (v) and (xv) below) available to the Indenture Trustee):

Payment Date Statement means, with respect to any Series, a report prepared by the Servicer on each Determination Date for the immediately preceding Collection Period in substantially the form set forth in the related Indenture Supplement.

Payment Date Statement means the monthly report prepared by the Calculation Agent, as set forth in Exhibit A.