Settlement Certificate definition
Examples of Settlement Certificate in a sentence
In connection with any amounts to be reimbursed to any Lender on a Settlement Date pursuant to this Section, the Borrower hereby agrees that it shall cause the Servicer to reflect such amounts to be reimbursed to each Lender on the Servicer’s Monthly Settlement Certificate.
The Borrower shall cause the Servicer to include the Interest Period Invoice Amount set forth in such invoice as the amount to be distributed to the Lenders with respect thereto on the Servicer’s Monthly Settlement Certificate for such Settlement Date.
Each Settlement Certificate and the Issuer’s records maintained in respect of each Settlement Certificate evidencing Notes will reflect that the Notes are issued in the name of “CEDE & Co., as nominee of DTC, as custodian for its participants, each acting for itself and for others.” The Issuer shall make all payments with respect to the Notes evidenced by a Settlement Certificate in accordance with the DTC Letter.
Each Settlement Certificate and the Issuer’s records maintained in respect of each Settlement Certificate evidencing Depositary Securities will reflect that the Depositary Securities are issued in the name of “CEDE & Co., as nominee of DTC, as custodian for its participants, each acting for itself and for others.” The Issuer shall make all payments with respect to the Depositary Securities evidenced by a Settlement Certificate in accordance with the DTC Letter.
In connection with any amounts to be reimbursed to any Lender on a Settlement Date pursuant to this Section, the Borrower hereby agrees that it shall cause the Servicer to reflect such amounts to be reimbursed to each Lender on the Borrower’s Monthly Settlement Certificate.
If an Objections Statement is not delivered to LifePoint Sub within 30 days after delivery of the Settlement Certificate, the Closing Net Working Capital as proposed by LifePoint Sub shall be final and binding upon, and nonappealable by, the parties.
As detailed in the Class Notice on the settlement website, the Settlement Certificate is a certificate in the amount of $75.00 for a one-time use at any Savers or Value Village thrift store in the United States, or alternatively, that certificate can be exchanged for a check in the amount of $25.00.
In the event that the Supplier fails to issue the Settlement Certificate within the period provided in this clause, ENEL may proceed unilaterally to carry out such settlement.
Certificate Number: ----------------- --------------- This Settlement Certificate ("Certificate") is delivered by the undersigned on behalf of Deutsche Financial Services Corporation ("DFS"), pursuant to Section 6 of the Participation Agreement ("Agreement") dated as of October 31, 1996 between DFS and NationsCredit Commercial Corporation of America ("Nations") and pursuant to Section 5.6(b) of the Business Credit and Security Agreement dated as of October 31, 1996 among DFS, Elek-Tek, Inc.
The Project Owner shall complete its review within 14 days after receiving the same and the Supervisor will issue Final Settlement Certificate signed and confirmed by the Project Owner to Contractor.