Calculation Report definition
Examples of Calculation Report in a sentence
The Lockbox Escrow Agent shall have no liability to any party hereto on account of disbursing funds in the Lockbox Account on the basis of information contained in any such Lockbox Calculation Report.
Company shall provide immediately to Lockbox Calculation Agent, on request, any data or information requested by Lockbox Calculation Agent to prepare the Lockbox Calculation Report.
Within five (5) days of the close of any calendar quarter, the Lockbox Escrow Agent will provide Lender copies of each Lockbox Calculation Report and any other information or certificates received from the Lockbox Calculation Agent during the preceding quarter.
All costs associated with the development and preparation of the Annual Interest Calculation Report.
The calculations set forth in each Calculation Report shall be conclusive and binding on each of the Issuer, the Servicer, the Trustee and each Noteholder, absent manifest error.
Upon receipt by the Reset Agent of an Event Notice from the Ceding Insurer and, within fifteen (15) Business Days after the submission of such Event Notice, the applicable data meeting the Data Criteria from the Ceding Insurer required to calculate the Average Annual Loss for such Covered Event, the Reinsurer shall cause the Reset Agent to calculate the Growth Limitation Factor and deliver a Growth Limitation Factor Calculation Report to the Reinsurer and the Ceding Insurer.
The Lockbox Calculation Agent shall be responsible for preparing the Lockbox Calculation Report in good faith and in a consistent and reasonable manner in accordance with the terms of the Loan Agreement.
The Authority shall have the right to audit all of the books of the Manager relating to such NOI Calculation Report in accordance with Section 11.3(e).
The Servicer shall, in accordance with its obligations under the Servicing Agreement, as part of each Payment Calculation Report, notify the Borrower and the Lender of the amount of interest accrued on the outstanding principal amount of each Loan during the preceding month and remaining unpaid immediately prior to each Payment Date.
In addition, following the Discharge of First Lien Obligations, such Calculation Report shall include the amount, if any, to be distributed to Royalty Sub from the Holding Account on such Payment Date as contemplated by Section 3.11.