Monthly Remittance Report definition

Monthly Remittance Report means a report, in substantially the form of Exhibit C, furnished by the Servicer to the Lenders and each Qualifying Swap Counterparty pursuant to Section 6.10(b) and to the Backup Servicer pursuant to Section 6.10(d).

Monthly Remittance Report. With respect to each Deferred Servicing Agreement, a report substantially in the form attached as Exhibit A to this Sale Supplement or in such other form as may be agreed to by Seller and Purchasers from time to time.

Monthly Remittance Report. The Monthly Remittance Report described in Exhibit B-2 hereto and required to be delivered by the Primary Servicer to the Master Servicer under the Task Description.

Examples of Monthly Remittance Report in a sentence

• The Paying Agent shall, by no later than 11:00 A.M. (New York City time) on each Payment Date, cause, in accordance with the Monthly Remittance Report, the Account Bank to transfer (x) the Available Funds and any other amounts on deposit in the Waterfall Account, (y) any Reserve Account Draw Amount, if applicable, and, (z) solely with respect to clause (C) of this Section 2.05(c)(i), the Reserve Account Amount to the Paying Agent for distribution in the following manner and priority.

• Each Receivable covered by any Receivables Schedule or Monthly Remittance Report is an Eligible Receivable except as expressly stated in such Receivables Schedule or Monthly Remittance Report.

• On a monthly basis, on each Payment Date, solely in accordance with the Monthly Remittance Report, the Account Bank shall withdraw all amounts on deposit in the Collection Account and shall remit all such amounts to the Waterfall Account.

• On each Payment Date, the Servicer shall be deemed, by delivery of the Monthly Remittance Report, to notify the Paying Agent of the accrued and unpaid interest for the immediately preceding Interest Accrual Period and the Paying Agent, solely in accordance with the Monthly Remittance Report, shall cause the Account Bank to pay collected or deposited funds set aside in respect of accrued and unpaid interest pursuant to Section 2.05(c).

More Definitions of Monthly Remittance Report

Monthly Remittance Report. With respect to each Loan, a monthly report prepared by the Servicer and substantially in the form attached hereto as Exhibit C.

Monthly Remittance Report means, with respect to each Subject Servicing Agreement, a report in such form as may be agreed to by Servicer and Ocwen from time to time.

Monthly Remittance Report. The monthly report to be provided by the ------------------------- Master Servicer to the Trustee pursuant to Section 8.01 of these Standard Terms, providing such information as is set forth in Exhibit C.

Monthly Remittance Report means a report, in substantially the form of Exhibit C to the RLSA.

Monthly Remittance Report. The report provided to the Trustee pursuant to Section 12.09.

Monthly Remittance Report. As defined in Section 3.15 hereof.

Monthly Remittance Report. The monthly remittance report referred to in Section 10(k) of the Underwriting Agreement shall be the monthly remittance report for the June 25, 1999 distribution date on the Underlying Certificates. Payment of Expenses: In addition to the expenses referred to in Section 5 of the Underwriting Agreement, Xxxxxxxxx, Lufkin & Xxxxxxxx Securities Corporation will pay or cause to be paid a fee relating to the establishment of the Company's shelf registration equal to the product of 6/32 multiplied by the aggregate principal balance of the Certificates. Closing Date and Location: July 30, 1999 at the Chicago, Illinois offices of Xxxxx, Xxxxx & Xxxxx. Classes To Be Listed on New York Stock Exchange: Class B-2 and Class B-3 Certificates. Please confirm your agreement by having an authorized Officer sign a copy of this Agreement in the space set forth below and returning a signed copy to us. XXXXXXXXX, XXXXXX & XXXXXXXX SECURITIES CORPORATION By: /s/ Xxxxxxx Xxxxx ---------------------------------- Name: Xxxxxxx Xxxxx Title: Senior Vice President ABN AMRO INCORPORATED By: /s/ Xxxxx Xxxxxxx ---------------------------------- Name: Xxxxx Xxxxxxx Title: First Vice President ACCEPTED: ABN AMRO MORTGAGE CORPORATION By: /s/ Xxxxxxx X. Xxxxxxx ------------------------------ Name: Xxxxxxx X. Xxxxxxx Title: Senior Vice President ABN AMRO NORTH AMERICA, INC. By: /s/ Xxxx X. Xxxxxxx ------------------------------ Name: Xxxx X. Xxxxxxx Title: Senior Vice President By: /s/ Xxxxxx X. Xxxxx ------------------------------ Name: Xxxxxx X. Xxxxx Title: Senior Vice President Exhibit I Original Principal Amount of Name Certificates ---- ------------ A $22,802,942.00 B-1 $10,960,000.00 B-2 $ 8,214,000.00 B-3 $ 5,776,000.00 R $ 100.00 -------------- TOTAL $47,753,042.00 ==============