Scheduled Payment Date Report definition

Scheduled Payment Date Report means a report delivered by the Borrower at least three (3) Business Days before each Scheduled Payment Date pursuant to Section 5.15, substantially in the form of Exhibit D, and certified by a Responsible Officer of the Borrower, which shall, among other things, (a) report in reasonable detail on the Target Debt Sweep Amount and any other Mandatory Payment payable on such Scheduled Payment Date, each other withdrawal and payment to be made from the Revenue Account and the other Collateral Accounts and each withdrawal and payment made from the Collateral Accounts during the quarter ending on such Scheduled Payment Date and (b) contain the Borrower’s good faith, reasonable and detailed calculation of the Cash Flow Coverage Ratio as of such Scheduled Payment Date.
Sample 1Sample 2Sample 3
Scheduled Payment Date Report means a report delivered by the Borrower at least three (3) Business Days before each Scheduled Payment Date pursuant to Section 5.15 , substantially in the form of Exhibit D , and certified by a Responsible Officer of the Borrower, which shall, among other things, (a) report in reasonable detail on the Target Debt Sweep Amount and any other Mandatory Payment payable on such Scheduled Payment Date, each other withdrawal and payment to be made from the Revenue Account and the other Collateral Accounts and each withdrawal and payment made from the Collateral Accounts during the- 29 -quarter ending on such Scheduled Payment Date and (b) contain the Borrower’s good faith, reasonable and detailed calculation of the Cash Flow Coverage Ratio as of such Scheduled Payment Date.
Sample 1
Scheduled Payment Date Report means a report delivered by the Borrower at least three (3) Business Days before each Scheduled Payment Date pursuant to Section 8.01(a)(v) (Scheduled Payment Date Report), substantially in the form of Exhibit I (Form of Scheduled Payment Date Report) and certified by an Authorized Officer of the Borrower, which shall (a) report in reasonable detail on the principal and interest payable on such Scheduled Payment Date and each other withdrawal and payment made from the Collateral Accounts during the quarter ending on such Scheduled Payment Date, (b) containing the Borrower’s good faith, reasonable and detailed calculation of (i) the Historical Debt Service Coverage Ratio for the Rolling Period ending on such Scheduled Payment Date and (ii) the Projected Debt Service Coverage Ratio for the subsequent Rolling Period commencing on the day following the applicable Scheduled Payment Date, (c) demonstrate any net cash proceeds or other amounts required to be shown pursuant to Section 3.04(h) and (d) containing (i) a comprehensive report of each Eligible Project that became the subject of an Ineligibility Event, Payment Facilitation Event or a Revenue Termination Event occurring during the quarterly period ending on the applicable Scheduled Payment Date and (ii) the Borrower’s good faith, detailed calculation of (x) the aggregate Ineligibility Amount, Payment Facilitation Amount and Revenue Termination Amount accrued during the applicable calendar quarter and all prior calendar quarters, (y) whether a Cumulative Loss Event occurred on the applicable Scheduled Payment Date (including tracking of the reduction in Portfolio Value resulting from or attributable to each Ineligibility Event occurring since the Closing Date against the amount of such reduction in Portfolio Value projected to occur under the Base Case Model from each Ineligibility Event) and (z) any Ineligible Project Prepayment, Payment Facilitation Prepayment or Revenue Termination Amount due and payable on the applicable Scheduled Payment Date, together with such changes thereto as any Lender may from time to time reasonably request for the purpose of monitoring the Borrower’s compliance with Section 3.04(d) (Payment Facilitation Events).
Sample 1

Examples of Scheduled Payment Date Report in a sentence

  • This Scheduled Payment Date Report is delivered in respect of the Scheduled Payment Date to occur on [____], 20[__] (the “Scheduled Payment Date”).

  • At least three (3) Business Days prior to each Scheduled Payment Date, the Borrower shall deliver or cause to be delivered to the Administrative Agent and the Lenders a fully executed and complete Scheduled Payment Date Report.

  • The Borrower shall provide to the Administrative Agent, the Collateral Agent, and the Depositary Agent a Scheduled Payment Date Report in accordance with Section 4.01(a) (Scheduled Payment Date Report).

  • Administrative Agent and the Lenders a fully executed and complete Scheduled Payment Date Report.

  • At least three (3) Business Days prior to each Scheduled Payment Date, the Borrower shall deliver, or cause Manager to deliver, to the Administrative Agent, Collateral Agent, and Depositary Agent a Scheduled Payment Date Report.

  • The calculations of the Historical Debt Service Coverage Ratio and the Projected Debt Service Coverage Ratio and other information provided in respect of the Scheduled Payment Date Report hereunder shall be used in determining deposits to and releases from the Collections Account or the Distribution Suspense Account, as applicable, for the purposes of making any Restricted Payments by the Borrower.

  • All withdrawals and transfers will be made based upon the information provided in the Scheduled Payment Date Report.

Related to Scheduled Payment Date Report

  • Payment Date Report has the meaning assigned to such term in Section 8.07(b).

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Final Scheduled Payment Date means the Class A-1 Final Scheduled Payment Date, the Class A-2a Final Scheduled Payment Date, the Class A-2b Final Scheduled Payment Date, the Class A-3 Final Scheduled Payment Date, the Class A-4 Final Scheduled Payment Date or the Class B Final Scheduled Payment Date, as the context requires.

  • Class A-4 Final Scheduled Payment Date means the Payment Date in February 2024.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2028.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in May 2023.

  • Class C Final Scheduled Payment Date means the Payment Date occurring in August 2022.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2027.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Scheduled Payment The scheduled monthly payment on a Mortgage Loan due on any Due Date allocable to principal and/or interest on such Mortgage Loan which, unless otherwise specified herein, shall give effect to any related Debt Service Reduction and any Deficient Valuation that affects the amount of the monthly payment due on such Mortgage Loan.

  • Early Payment Date (k) means the "Early Payment Date (k)" as specified in § 1 of the Product and Underlying Data.

  • Class E Final Scheduled Payment Date means the Payment Date occurring in June 2023.

  • Class D Final Scheduled Payment Date means the Payment Date occurring in April 2021.

  • 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.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Scheduled Payments has the meaning specified in the Note Policy.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Monthly Servicing Report shall have the meaning attributed to such term in the Servicing Agreement.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Payment Date Certificate has the meaning set forth in Section 8.03(a) of the Indenture.

  • Cut-off Date Pool Principal Balance The aggregate Stated Principal Balances of all Mortgage Loans as of the Cut-off Date.

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Monthly Report means a report, in substantially the form of Exhibit X hereto (appropriately completed), furnished by the Servicer to the Agent pursuant to Section 8.5.

  • Scheduled Principal Payment Date means, with respect to any Series, Class or Tranche of Notes, the scheduled due date of any payment of principal on such Notes, as specified in the related Indenture Supplement, or if such day is not a Business Day, the next following Business Day, unless such day is in the next calendar month, in which case such Scheduled Principal Payment Date, unless otherwise specified in the related Indenture Supplement, will be the last Business Day of the current calendar month.