Common use of Settlement Statements Clause in Contracts

Settlement Statements. On each Determination Date, the Master Servicer shall deliver to the Agent, the VFC Certificateholders, the Trustee and the Rating Agency a Monthly Settlement Statement substantially in the form attached hereto as Exhibit E-1 setting forth, among other things, the Loss Reserve Ratio, the Dilution Reserve Ratio, the Carrying Cost Reserve Ratio and the Servicing Reserve Ratio, each as recalculated for the next succeeding Settlement Period. On each Funding Period Determination Date and the date of any Decrease, the Master Servicer shall deliver to the Agent, the Trustee and the Rating Agency a completed settlement statement (a "Funding Period Settlement Statement"), substantially in the form attached hereto as Exhibit E-2.

Settlement Statements. On each Determination Date, the Master Servicer shall deliver to the Agent, the VFC CertificateholdersEnhancement Provider, the Trustee and the each Rating Agency a Monthly Settlement Statement substantially in the form attached hereto as Exhibit E-1 setting forth, among other things, the Loss Reserve Ratio, the Dilution Reserve Ratio, the Carrying Cost Reserve Ratio and the Servicing Reserve Ratio, each as recalculated for the next succeeding Settlement Period. On each Funding Period Determination Date and the date of any DecreaseDate, the Master Servicer shall deliver to the AgentEnhancement Provider, the Trustee and the each Rating Agency a completed settlement statement (a "Funding Period Settlement Statement"), substantially in the form attached hereto as Exhibit E-2.