Common use of Settlement Reports Clause in Contracts

Settlement Reports. On each Settlement Date, Issuer or LGEI shall cause Distributor to submit to the Revenue Participation Holders a settlement report (“Settlement Report”) detailing (i) Gross Receipts received by Issuer, LGEI, Distributor or any affiliate thereof for each Funded Qualifying Project for and through the most recently concluded Accounting Period; (ii) the Distribution Expenses incurred with respect to each Funded Qualifying Project for and through such Accounting Period or payable within ***** after such Accounting Period; and (iii) any change or adjustment in the Pro Rata Amounts required due to (1) any change in the Direct Costs for such Funded Qualifying Project that may have occurred in such Accounting Period and/or (2) any difference between the Estimated Tax Credit Amount for such Funded Qualifying Project and the actual Tax Credit Amount for such Funded Qualifying Project, as may be determined in such Accounting Period. Section 8.5

Settlement Reports. On each Settlement Date, Issuer or LGEI shall cause Distributor to submit to the Revenue Participation Holders a settlement report (“Settlement Report”) detailing (i) Gross Receipts received by Issuer, LGEI, Distributor or any affiliate thereof for each Funded Qualifying Project for and through the most recently concluded Accounting Period; (ii) the Distribution Expenses incurred with respect to each Funded Qualifying Project for and through such Accounting Period or payable within ***** after such Accounting Period; and (iii) any change or adjustment in the Pro Rata Amounts required due to (1) any change in the Direct Costs for such Funded Qualifying Project that may have occurred in such Accounting Period and/or (2) any difference between the Estimated Tax Credit Amount for such Funded Qualifying Project and the actual Tax Credit Amount for such Funded Qualifying Project, as may be determined in such Accounting Period. Section 8.5.