Common use of Monthly Settlement Statements Clause in Contracts

Monthly Settlement Statements. On each Settlement Report Date (commencing with the Settlement Report Date occurring in April 1999), the Servicer shall deliver to the Trustee and the Agent a Monthly Settlement Statement in the Form of Exhibit E setting forth, among other things,, the Dilution Reserve Ratio, the Minimum Ratio, the Carrying Cost Reserve Ratio and the Servicing Reserve Ratio, each as recalculated for the next succeeding Settlement Period. The Agent shall forward a copy of each Monthly Settlement Statement to any Purchaser upon request by such Purchaser. The Company and the Servicer will deliver copies of all notices, reports (other than Daily Reports), statements and other documents delivered by it pursuant to the Pooling and Servicing Agreements to each Rating Agency.

Appears in 1 contract

Sources: Pooling Agreement (American Axle & Manufacturing Inc)

Monthly Settlement Statements. On each Settlement Report Date (commencing with the Settlement Report Date occurring in April 1999December 1997), the Servicer shall deliver to the Trustee and the Agent a Monthly Settlement Statement in the Form of Exhibit E setting forth, among other things,, the Dilution Reserve Ratio, the Minimum Ratio, the Carrying Cost Reserve Ratio and the Servicing Reserve Ratio, each as recalculated for the next succeeding Settlement Period. The Agent shall forward a copy of each Monthly Settlement Statement to any Purchaser upon request by such Purchaser. The Company and the Servicer will deliver copies of all Series 1997-A Supplement notices, reports (other than Daily Reports), statements and other documents delivered by it pursuant to the Pooling and Servicing Agreements to each Rating Agency.

Appears in 1 contract

Sources: Pooling Agreement (American Axle & Manufacturing Holdings Inc)