Monthly Report definition
Examples of Monthly Report in a sentence
Prior thereto, the Seller shall, on each Settlement Date and not later than two (2) Business Days after delivery of any Monthly Report that demonstrates the existence of a Capital Coverage Amount Deficit, make a prepayment of the outstanding Capital of the Purchasers to the extent required to eliminate any Capital Coverage Amount Deficit and as otherwise required under Section 3.01.
The Seller and Servicer shall cause (i) all Sold Receivables to be identified on each Investment / Loan Request in accordance with Section 2.03(a) and (ii) the aggregate Outstanding Balance of each Obligor’s Sold Receivables to be identified on each Monthly Report delivered hereunder.
Not later than two (2) Business Days before each Monthly Settlement Date, a Monthly Report as of the most recently completed Fiscal Month.