Examples of Quarterly Servicer Report in a sentence
If the amount on deposit in the Liquidity Reserve Account exceeds the Liquidity Reserve Account Floor Amount on any Payment Date during a Regular Amortization Period, the amount of such excess will be, based on the Quarterly Servicer Report, transferred into the Supplemental Reserve Account.
REPORTS Quarterly Servicer Report Under the Master Servicing Agreement, the Master Servicer hasundertaken to prepare a Quarterly Servicer Report on each Quarterly Servicer Report Date setting out, inter alia, detailed information in relation to, inter alia, the Collections and the Recoveries in respect of the Receivables comprised in the Aggregate Portfolio.
Subject to Section 7.01(b), the Indenture Trustee shall not be liable to any Person for any money paid to the Issuer upon an Issuer Order, Servicer instruction or order or direction provided in a Quarterly Servicer Report contemplated by this Indenture or any other Transaction Document.
High employee satisfaction is important to managers who believe that ‘‘an organization has a responsibility to provide employees with jobs that are challenging and intrinsically rewarding’’ (Robbins, 2001).
The assets of the Company, its Subsidiaries, or and ERISA Affiliates are not now, nor will they after the passage of time be, subject to any lien imposed under Code Section 412(n) by reason of a failure of the Company, any Subsidiary, or any ERISA Affiliate to make timely installments or other payments required under Code Section 412.
As soon as available and in any event within 90 days after the end of each of the first three quarters of each fiscal year of the Company, commencing June 30, 2006, and within 120 days after the end of each fiscal year of the Company, the Servicer will provide to the Company, a Quarterly Servicer Report (a “Quarterly Servicer Report”), substantially in the form of Exhibit A hereto with each of the items specified on such form completed as the case may be.
On each Payment Date, the Indenture Trustee shall, to the extent directed in the related Quarterly Servicer Report, withdraw from the Voluntary Prepayment Account and pay to the Class A Bondholders on a pro-rata basis any amount then on deposit in the Voluntary Prepayment Account which is allocable to Make Whole Amounts with respect to Repurchase Payments received during the preceding Collection Period.
Servicer Report Under the Servicing Agreement, the Servicer has undertaken to prepare the Quarterly Servicer Report, setting out detailed information in relation to, inter alia, (i) the Collections and the Recoveries in respect of the Receivables comprised in the Portfolio and (ii) information on the material net economic interest in the Securitisation in accordance with Article 405.
The Gross Cumulative Default Ratio, as evidenced in the relevant Quarterly Servicer Report, exceeds the respective Relevant Trigger.