Settlement Report definition

Settlement Report a report summarizing Revolver Loans and participations in LC Obligations outstanding as of a given settlement date, allocated to Lenders on a Pro Rata basis in accordance with their Revolver Commitments.
View Source
Settlement Report means each report, substantially in the form attached hereto as Exhibit E, prepared by the Agent and delivered to each Lender and setting forth, among other things, as of the Settlement Date indicated thereon and as of the next preceding Settlement Date, the aggregate principal balance of all Revolving Credit Loans outstanding, each Lender's Commitment Percentage thereof, each Lender's Net Outstandings and all Non-Ratable Loans made, and all payments of principal, interest and fees received by the Agent from the Borrower during the period beginning on such next preceding Settlement Date and ending on such Settlement Date.
View Source
Settlement Report means a report summarizing Revolver Loans and participations in Swingline Loans and Standby LC Obligations outstanding as of a given settlement date, allocated to the Lenders on a Pro Rata basis in accordance with their Revolver Commitments.
View Source

Examples of Settlement Report in a sentence

  • On each Settlement Date, the Servicer shall remit all funds on deposit in the Collection AccountPurchaser, based on the information contained in the related Portfolio and Settlement Report shall cause the Account Bank to remit all accrued and unpaid Servicer Fees and all Servicing Expenses for the related Monthly Period to an account designated by the PurchaserServicer.

  • Without limitation of anything set forth in Article IX, theThe Servicer shall reflect all such netted amounts (together with all Supplemental Servicing Fees retained bydue to the Servicer) in the applicable Portfolio and Settlement Report (which shall include a reasonably detailed description and calculation thereof).

  • Each Portfolio and Settlement Report delivered pursuant to Section 9.02 shall be accompanied by a certificate of a Servicing Officer substantially in the form of Exhibit A, certifying the accuracy of the Portfolio and Settlement Report and that no Event of Termination or event that with notice or lapse of time or both would become an Event of Termination has occurred, or if such event has occurred and is continuing, specifying the event and its status.

  • The Servicer shall give the Purchaser written notice within fifteen (15) days in the Portfolio and Settlement Report if any such insurance coverage, or any portion thereof, has been terminated, canceled or modified.

  • The Servicer’s Portfolio and Settlement Report will be deemed to modify the List of Contracts to reflect the addition or removal of Purchased Property in accordance with this Agreement for each month after the Effective Date.


More Definitions of Settlement Report

Settlement Report means a report, in substantially the form of Exhibit VI hereto (appropriately completed), together with the electronic backup data which is part of the spreadsheet that creates such report, furnished by the Servicer to the Administrator and each Purchaser Agent pursuant to Section 8.5.
View Source
Settlement Report a report delivered by Agent to Lenders summarizing the Loans and participations in LC Obligations outstanding as of a given settlement date, allocated to Lenders on a Pro Rata basis in accordance with their Commitments.
View Source
Settlement Report means a Monthly Report or a Weekly Report.
View Source
Settlement Report a report summarizing Loans and participations in LC Obligations outstanding as of a settlement date, allocated to Lenders on a Pro Rata basis in accordance with their Commitments. SOFR: the secured overnight financing rate as administered by FRBNY (or a successor administrator).
View Source
Settlement Report means each report prepared by the Agent and delivered to each Lender and setting forth, among other things, as of the Settlement Date indicated thereon and as of the next preceding Settlement Date, the aggregate outstanding principal balance of the Revolving Loan, each Lender's Revolving Credit Pro Rata Share thereof, each Lender's Net Outstandings and all Non-Ratable Loans made, and all payments of principal, interest and Fees received by the Agent from the Borrower during the period beginning on such next preceding Settlement Date and ending on such Settlement Date.
View Source
Settlement Report means a report delivered by the Administrative Agent to Lenders which may summarize Committed Loans, Overadvance Loans and participations in L/C Obligations, Swing Line Loans and Protective Advances outstanding as of a given settlement date, allocated to Lenders on a pro rata basis in accordance with their Applicable Percentage of the Aggregate Commitments.
View Source
Settlement Report means a Monthly Report or an Interim Report.
View Source