Frequency of Computation. The Asset Interest shall be computed as of the Cut-Off Date for each Settlement Period. In addition, the Administrator may require Servicer to provide a Servicer Report for purposes of computing the Asset Interest as of any other date, and the Servicer agrees to do so within two Business Days of its receipt of the Administrator's request.
Frequency of Computation. The Asset Interest shall be computed (i) as provided in Section 3.1, as of the Cut-Off Date for each Collection Period, and (ii) on the Settlement Date following each Reporting Date, after giving effect to the payments made pursuant to Section 3.1. In addition, at any time, the Administrative Agent, at the request of any Purchaser Agent, may require the Master Servicer to provide an interim report (an “Interim Information Package”), based on the information then available to the Master Servicer, for purposes of computing the Asset Interest, any Purchaser Group Invested Amount or the Invested Amount as of any other date, and the Master Servicer agrees to do so within five (5) (or three (3), if a Liquidation Event, Unmatured Liquidation Event or a Credit Event has occurred and is continuing) Business Days of its receipt of the Administrative Agent’s request (such date, the “Interim Reporting Date”).
Frequency of Computation. The Asset Interest shall be computed (i) as provided in Section 3.1, as of the Cut-Off Date for each Settlement Period, and (ii) on the Settlement Date following each Reporting Date, after giving effect to the payments made pursuant to Section 3.1. In addition, at any time, the Agent, on the Purchaser's behalf, may require the Master Servicer to provide a Settlement Report, based on the information then available to the Master Servicer, for purposes of computing the Asset Interest or the Purchase Limit as of any other date, and the Master Servicer agrees to do so within five (5) (or three (3), if a Liquidation Event has occurred and is continuing) Business Days of its receipt of the Agent's request.
Frequency of Computation. The Asset Interest shall be computed (i) as provided in Section 3.1, as of the Initial Cut-Off Date and as of the Cut-Off Date for each Collection Period, and (ii) on the Settlement Date following each Reporting Date, after giving effect to the payments made pursuant to Section 3.1. In addition, at any time, the Administrative Agent, on the Purchaser's behalf, may require the Master Servicer to provide an Information Package, based on the information then available to the Master Servicer, for purposes of computing the Asset Interest or the Purchase Limit as of any other date, and the Master Servicer agrees to do so within five (5) (or three (3), if a Liquidation Event or a Credit Event has occurred and is continuing) Business Days of its receipt of the Administrative Agent's request.
Frequency of Computation. The Asset Interest shall be computed as of the close of business on each Business Day (after giving effect to Section 1.03) and shall be reported as of the end of the Due Period in the Information Package delivered on each Report Date.
Frequency of Computation. The Borrowing Base shall be ------------------------ computed and reported, as provided in Section 3.01, as of (i) the ------------ date of the initial Loan and (ii) the Cut-Off Date for each Settlement Period. In addition, if the Administrator reasonably believes that there shall exist any event or occurrence that has a reasonable possibility of causing a Material Adverse Effect, the Administrator may require the Servicer to provide a computation of Collections received by the Company or the Servicer since the last Cut-Off Date, the then aggregate Unpaid Balance of all Pool Receivables and such other information comprising a part of the Information Package that can be updated from the last Cut-Off Date for purposes of computing the Borrowing Base as of any other date, and the Servicer agrees to do so within 5 Business Days of its receipt of the Administrator's request.
Frequency of Computation. The Asset Interest shall be computed (i) as provided in Section 3.01(c), as of the Cut-Off Date for each Settlement Period, and (ii) on each Settlement Date, after giving effect to the payments made pursuant to Section 3.01. In addition, the Administrator may require Servicer to provide a Monthly Report, based on the information then available to Servicer, for purposes of computing the Asset Interest or the Transfer Limit as of any other date, and Servicer agrees to do so within thirty (30) days of its receipt of the Administrator's request, provided that Servicer shall not be required to provide such Monthly Report more frequently than weekly.
Frequency of Computation. The respective Purchaser's Shares with respect to the Asset Interest shall be initially computed as of the opening of business of Servicer on the date of Purchase of the Asset Interest from Seller. Thereafter until the Asset Interest shall be reduced to zero, such Purchaser's Shares shall be deemed to be automatically recomputed as of the close of business of Servicer on the Cut-Off Date for each Settlement Period, and such Purchaser's Shares shall constitute the percentage ownership interest in Pool Receivables on such date owned by Purchaser. Such Purchaser's Shares shall remain constant from the time as of which any such computation or recomputation is made or deemed to be made until the time as of which the next such recomputation, if any, shall be made or deemed to be made. In addition, the Administrator or the Relationship Bank may require Servicer to provide a Settlement Statement for purposes of computing the Asset Interest as of any other date, and the Servicer agrees to do so within two (2) Business Days of its receipt of the Administrator's or the Relationship Bank's request.
Frequency of Computation. The Asset Interest shall be computed (i) as provided in Section 3.01, as of the Cut-Off Date for each Settlement Period, and (ii) on the Settlement Date following such Reporting Date, after giving effect to the payments made pursuant to Section 3.01. In addition, at any time, the Administrator or the Relationship Bank may require Servicer to provide a Receivables Report or a Settlement Report, based on the information then available to Servicer, for purposes of computing the Asset Interest or the Purchase Limit as of any other date, and Servicer agrees to do so within five (5) (or three (3), if a Liquidation Event or Back-up Servicer Event has occurred and is continuing) Business Days of its receipt of the Administrator's or the Relationship Bank's request.
Frequency of Computation. On any Business Day following the delivery of a Weekly Information Package, as of the Saturday preceding delivery of such Weekly Information Package, the Servicer shall compute, as of the related Cut-Off Date and based upon the assumptions in the next sentence, (A) the Asset Interest, (B) the amount of the reduction or increase (if any) in the Asset Interest since the next preceding Cut-Off Date, (C) the excess (if any) of the Asset Interest over the Allocation Limit, and (D) the excess (if any) of the Purchaser's Total Investment over the Purchase Limit. Such calculation shall be based upon the assumptions that (x) the information in the Weekly Information Package is correct, and (y) Collections set aside pursuant to Section 1.03(b) will be paid to the Administrator on the next following Weekly Settlement Date. In addition, without limiting Servicer's obligations under Section 8.02(h)(i), at any time during the Liquidation Period or when a Liquidation Event or Unmatured Liquidation Event shall have occurred and be continuing, the Servicer shall provide a Daily Information Package, based on the information then available to Servicer, for purposes of computing the Asset Interest as of each day.
