Common use of Payment Date Statements Clause in Contracts

Payment Date Statements. At least one Business Day before each Payment Date, the Servicer shall provide to the Issuer, the Trustee, each Rating Agency and for so long as any Transition Bonds are listed on the Luxembourg Stock Exchange, any listing agent in Luxembourg, a statement indicating: 1. the amount to be paid to Transition Bondholders of each Series and Class in respect of principal on such Payment Date; 2. the amount to be paid to Transition Bondholders of each Series and Class in respect of interest on such Payment Date; 3. the Projected Transition Bond Balance and the Transition Bond Balance for each Series and Class as of that Payment Date; 4. the amount on deposit in the Overcollateralization Subaccount for each Series and the Scheduled Overcollateralization Level for each Series, as of that Payment Date; 5. the amount on deposit in the Capital Subaccount for each Series as of that Payment Date; 6. the amount, if any, on deposit in the Reserve Subaccount as of that Payment Date; 7. the amount to be paid to any counterparty under any Hedge Agreement on such Payment Date; 8. the amount to be paid to any Swap Counterparty (on a gross and a net basis, separately stated) under any Interest Rate Swap Agreement on or before such Payment Date; 9. the amounts paid to the Trustee since the preceding Payment Date pursuant to Sections 8.02(d) of the Indenture; 10. the amounts paid to the Servicer since the preceding Payment Date pursuant to Sections 8.02(e) of the Indenture; and 11. the amount of any transfers and payments to be made on such Payment Date pursuant to Sections 8.02(f) and (g) of the Indenture.

Payment Date Statements. At least one Business Day before each date on which distributions are to be made pursuant to Section 8.02(e) of the Indenture (each, a "Payment Date"), the Servicer shall provide to the Issuer, the Trustee, each Rating Agency and and, for so long as any Transition Bonds are listed on the Luxembourg Stock Exchange, any listing agent in Luxembourg, a statement indicating: 1. the amount to be paid to Transition Bondholders of each Series and Class in respect of principal interest on such Payment DateDate in accordance with Section 8.02(e) of the Indenture and each Series Supplement; 2. the amount to be paid to Transition Bondholders of each Series and Class in respect of interest principal on such Payment DateDate in accordance with Section 8.02(e) of the Indenture and each Series Supplement; 3. the Projected Scheduled Transition Bond Balance and the Transition Bond Balance for each Series and Class as of that such Payment Date (after giving effect to the payments to be made on such Payment Date); 4. the amount on deposit in the Overcollateralization Subaccount for each Series and the Scheduled Overcollateralization Level for each Series, as of that such Payment Date (after giving effect to the transfers to be made from or into the respective Overcollateralization Subaccounts on such Payment Date); 5. the amount on deposit in the Capital Subaccount for each Series as of that such Payment Date (after giving effect to the transfers to be made from or into the respective Capital Subaccounts on such Payment Date) and the required capital amount for such Series; 6. the amount, if any, on deposit in the Reserve Subaccount for each Series as of that such Payment Date (after giving effect to the transfers to be made from or into the respective Reserve Subaccounts on such Payment Date); 7. the amount to be paid to any counterparty under any Hedge Agreement since the preceding Payment Date and on or before such Payment Date; 8. the amount to be paid to any counterparty under any Interest Rate Swap Counterparty Agreement (on a gross and a net basis, separately stated) under any such Interest Rate Swap Agreement since the preceding Payment Date and on or before such Payment Date; 9. the amounts paid to the Trustee since the preceding Payment Date and the amounts to be paid to the Trustee on such Payment Date pursuant to Sections 8.02(dSection 8.02(e) of the Indenture; 10. the amounts paid to the Issuer since the preceding Payment Date and the amounts to be paid to the Issuer on such Payment Date pursuant to Section 8.02(e) of the Indenture; 11. the amounts paid to the Independent Managers since the preceding Payment Date pursuant to Section 8.02(e) of the Indenture and the amount to be paid to the Independent Managers on such Payment Date pursuant to Section 8.02(e) of the Indenture; 12. the amounts paid to the Servicer since the preceding Payment Date pursuant to Sections Section 8.02(e) of the Indenture and the amount to be paid to the Servicer on such Payment Date pursuant to Section 8.02(e) of the Indenture; 13. the amounts paid to the Administrator since the preceding Payment Date pursuant to Section 8.02(e) of the Indenture and the amount to be paid to the Administrator on such Payment Date pursuant to Section 8.02(e) of the Indenture; and 1114. the amount of any other transfers and payments to be made on such Payment Date pursuant to Sections 8.02(f) and (g) Section 8.02 of the IndentureIndenture and any Series Supplement.