Common use of Monthly Report – Consolidated / Consolidating Clause in Contracts

Monthly Report – Consolidated / Consolidating. Verify the accuracy of the monthly report for Month#1 and Month#2. • Determine whether the rollforward, aging, and eligible receivables are accurately stated by tracing line items for the various originators to the consolidating schedule. • Recalculate the consolidated ratios in accordance with the definitions in the TAA. • Review supporting documentation for determining the obligor concentrations. Ascertain that the concentration information was accurately included in the consolidating and consolidated concentration information. • Prepare a chart of the line items analyzed and a comparison of the company prepared figures to those you recomputed. Briefly describe the nature of the supporting documentation for each line item.

Monthly Report – Consolidated / Consolidating. Verify the accuracy of the monthly report for Month#1 and Month#2. • · Determine whether the rollforward, aging, and eligible receivables are accurately stated by tracing line items for the various originators to the consolidating schedule. • · Recalculate the consolidated ratios in accordance with the definitions in the TAA. • · Review supporting documentation for determining the obligor concentrations. Ascertain that the concentration information was accurately included in the consolidating and consolidated concentration information. • · Prepare a chart of the line items analyzed and a comparison of the company prepared figures to those you recomputed. Briefly describe the nature of the supporting documentation for each line item.

Monthly Report – Consolidated / Consolidating. Verify the accuracy of the monthly report for Month#1 and Month#2. • ● Determine whether the rollforward, aging, and eligible receivables are accurately stated by tracing line items for the various originators to the consolidating schedule. • ● Recalculate the consolidated ratios in accordance with the definitions in the TAA. • ● Review supporting documentation for determining the obligor concentrations. Ascertain that the concentration information was accurately included in the consolidating and consolidated concentration information. • ● Prepare a chart of the line items analyzed and a comparison of the company prepared figures to those you recomputed. Briefly describe the nature of the supporting documentation for each line item.

Monthly Report – Consolidated / Consolidating. Verify the accuracy of the monthly report for Month#1 and Month#2. • Determine whether the rollforward, aging, and eligible receivables are accurately stated by tracing line items for the various originators to the consolidating schedule. • Recalculate the consolidated ratios in accordance with the definitions in the TAA. • Review supporting documentation for determining the obligor concentrations. Ascertain that the concentration information was accurately included in the consolidating and consolidated concentration information. • Prepare a chart of the line items analyzed and a comparison of the company prepared figures to those you recomputed. Briefly describe the nature of the supporting documentation for each line item.