Common use of Monthly Settlement Statements Clause in Contracts

Monthly Settlement Statements. On each Settlement Report Date, the Servicer shall deliver to the Trustee and the Administrator (commencing with the Settlement Report Date occurring on April 17, 2003) a Monthly Settlement Statement in the Form of Exhibit F setting forth, among other things, the Default Ratio, Delinquency Ratio and Dilution Ratio and the components of the calculation thereof, and the Series 2000-2 Monthly Principal Payment, each as calculated for the Accrual Period ending immediately prior to such Settlement Report Date. The Trustee shall have no obligation whatsoever to verify the accuracy of any information contained within the Monthly Settlement Statement, including any calculations contained therein. A copy of any such items may be obtained by any holder of a Certificate upon a written request delivered to the Trustee at the Corporate Trust Office. Where the Servicer is required to provide written instructions to the Trustee in respect of the distributions and allocations to be made on a Distribution Date, the delivery by the Servicer to the Trustee of the Monthly Settlement Statement with all such instructions contained therein on the Settlement Report Date shall satisfy the Servicers obligation to provide written instructions.

Monthly Settlement Statements. On each Settlement Report Date, the Servicer shall deliver to the Trustee and the Administrator Funding Agent (commencing with the Settlement Report Date occurring on April 17, 2003) a Monthly Settlement Statement in the Form of Exhibit F setting forth, among other things, the Default Ratio, Delinquency Ratio and Dilution Ratio and the components of the calculation thereof, and the Series 20002003-2 1 Monthly Principal Payment, each as calculated for the Accrual Period ending immediately prior to such Settlement Report Date. The Funding Agent shall forward a copy of each Monthly Settlement Statement to any Purchaser upon request by such Purchaser. The Trustee shall have no obligation whatsoever to verify the accuracy of any information contained within the Monthly Settlement Statement, including any calculations contained therein. A copy of any such items may be obtained by any holder of a Certificate upon a written request delivered to the Trustee at the Corporate Trust Office. Where the Servicer is required to provide written instructions to the Trustee in respect of the distributions and allocations to be made on a Distribution Date, the delivery by the Servicer to the Trustee of the Monthly Settlement Statement with all such instructions contained therein on the Settlement Report Date shall satisfy the Servicers Servicer's obligation to provide written instructions.

Monthly Settlement Statements. On each Settlement Report Date, the Servicer shall deliver to the Trustee and the Administrator Funding Agent (commencing with the Settlement Report Date occurring on April 1715, 20031998) a Monthly Settlement Statement in the Form of Exhibit F setting forth, among other things, the Default Loss Reserve Ratio, Delinquency Ratio and the Dilution Reserve Ratio, the Minimum Ratio, the Carrying Cost Reserve Ratio, the Servicing Reserve Ratio and the components of the calculation thereof, the Series 1998-1 Monthly Interest, the Additional Interest, the Series 1998-1 Periodic Servicing Fee, the Commitment Fee and the Series 20001998-2 1 Monthly Principal Payment, each as calculated recalculated for the Accrual Period ending immediately prior to such period until the next succeeding Settlement Report Date. The Funding Agent shall forward a copy of each Monthly Settlement Statement to any Purchaser upon request by such Purchaser. The Trustee shall have no obligation whatsoever to verify the accuracy of any information contained within the Monthly Settlement Statement, including any calculations contained therein. A copy of any such items may be obtained by any holder of a Certificate upon a written request delivered to the Trustee at the Corporate Trust Office. Where the Servicer is required to provide written instructions to the Trustee in respect of the distributions and allocations to be made on a Distribution Date, the delivery by the Servicer to the Trustee of the Monthly Settlement Statement with all such instructions contained therein on the Settlement Report Date shall satisfy the Servicers Servicer's obligation to provide written instructions.

Monthly Settlement Statements. On each Settlement Report Date, the Servicer shall deliver to the Trustee and the Administrator (commencing with the Settlement Report Date occurring on April 17, 20032004) a Monthly Settlement Statement in the Form of Exhibit F D setting forth, among other things, the Default Ratio, Delinquency Ratio and Dilution Ratio and the components of the calculation thereof, and the Series 20002004-2 1 Monthly Principal Payment, each as calculated for the Accrual Period ending immediately prior to such Settlement Report Date. The Trustee shall have no obligation whatsoever to verify the accuracy of any information contained within the Monthly Settlement Statement, including any calculations contained therein. A copy of any such items may be obtained by any holder of a Certificate upon a written request delivered to the Trustee at the Corporate Trust Office. Where the Servicer is required to provide written instructions to the Trustee in respect of the distributions and allocations to be made on a Distribution Date, the delivery by the Servicer to the Trustee of the Monthly Settlement Statement with all such instructions contained therein on the Settlement Report Date shall satisfy the Servicers obligation to provide written instructions.

Monthly Settlement Statements. On each Settlement Report Date, the Servicer shall deliver to the Trustee and the Administrator (commencing with the Settlement Report Date occurring on April 17, 20032000) a Monthly Settlement Statement in the Form form of Exhibit F setting forth, among other things, the Default Loss Reserve Ratio, Delinquency Ratio and the Dilution Reserve Ratio, the Minimum Ratio, the Carrying Cost Reserve Ratio, the Servicing Reserve Ratio and the components of the calculation thereof, the Series 2000-2 Monthly Interest, the Additional Interest, the Series 2000-2 Periodic Servicing Fee, the Commitment Fee and the Series 2000-2 Monthly Principal Payment, each as calculated recalculated for the Accrual Period ending immediately prior to such period until the next succeeding Settlement Report Date. The Trustee shall have no obligation whatsoever to verify the accuracy of any information contained within the Monthly Settlement Statement, including any calculations contained therein. A copy of any such items may be obtained by any holder of a Certificate upon a written request delivered to the Trustee at the Corporate Trust Office. Where the Servicer is required to provide written instructions to the Trustee in respect of the distributions and allocations to be made on a Distribution Date, the delivery by the Servicer to the Trustee of the Monthly Settlement Statement with all such instructions contained therein on the Settlement Report Date shall satisfy the Servicers obligation to provide written instructions.