Remittance Report Sample Clauses
A Remittance Report clause requires one party, typically the party collecting or processing payments, to provide regular statements detailing the amounts received and remitted to the other party. These reports usually include information such as transaction dates, amounts collected, deductions, and the net sums transferred. By mandating clear and timely reporting, this clause ensures transparency in financial dealings and helps both parties reconcile accounts, reducing the risk of disputes over payments.
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Remittance Report. 47- Rents from Real Property....................................-47- REO Account.................................................-48- REO Disposition.............................................-48- REO Imputed Interest........................................-48- REO Principal Amortization..................................-48- REO Property................................................-48-
Remittance Report. On the same date, the Servicer shall electronically transmit (in a format acceptable to the Trustee), a data file containing the information set forth in such Remittance Report with respect to the related Distribution Date or if electronic transmission is not available, the Servicer shall forward to the Trustee by overnight mail a computer readable magnetic tape. Such Remittance Report will include (i) the amount of P&I Advances to be made by the Servicer in respect of the related Distribution Date, the aggregate amount of P&I Advances outstanding after giving effect to such P&I Advances, and the aggregate amount of Nonrecoverable P&I Advances in respect of such Distribution Date and (ii) such other information with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 3.13 and Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.02. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicer.
Remittance Report. 36- Rents from Real Property.....................................-36-
Remittance Report. The deduction remittance shall be accompanied by a report showing the employee’s name, Social Security number (unless the employee does not consent), amount of deduction, and the grand total of all deductions made in that pay period. Upon mutual written agreement of ▇▇▇▇ and the Board Treasurer, the report may be transmitted to ▇▇▇▇ electronically.
Remittance Report. The deduction remittance shall be accompanied by a report showing the employee’s name, last four digits of their Social Security number and amount of deduction.
Remittance Report. The final remittance report prepared by Seller’s Servicer and delivered to the Buyer on the Remittance Date.
Remittance Report. On the second Business Day of each month, the Sellers or the Guarantor shall furnish to the Buyer or shall cause the Servicer to furnish to the Buyer, a remittance report, in hard copy and electronic format acceptable to the Buyer, containing information regarding funds collected during the prior calendar month. This report shall contain the following information:
(a) Mortgage Loan number;
(b) Mortgage Note Rate;
(c) Remittances allocable to principal and interest, escrow and taxes;
(d) Paid through date;
(e) Mortgage Loan balance;
(f) Delinquency status;
(g) Whether the Mortgaged Property is in foreclosure or has become an real estate owned property;
(h) Whether any Mortgagor is the subject of any bankruptcy action; and
(i) Any other information that the Buyer may reasonably request.
Remittance Report. I-26 Rents from Real Property . . . . . . . . . . . . . . . . . . I-26 REO Disposition . . . . . . . . . . . . . . . . . . . . . . . I-26 REO Property . . . . . . . . . . . . . . . . . . . . . . . . I-26 Request for Release . . . . . . . . . . . . . . . . . . . . . I-26 Reserve Interest Rate . . . . . . . . . . . . . . . . . . . . I-27
Remittance Report. At least three (3) Business Days prior to ------------------ each Distribution Date, Servicer will provide Lender with a Remittance Report together with applicable bank reconciliations and other supporting materials sufficient to allow Lender to confirm that such Remittance Report is correct. Upon receipt of the Remittance Report and receipt of confirmation by Lender that the amounts are correct, Lender will direct the Bank to disburse funds in accordance with the (approved) Remittance Report using amounts then residing in the Control Account.
Remittance Report. On or before each Reporting and Remittance Date, Servicer shall deliver to Company via secure and mutually acceptable transmission method a remittance report and Receivable Level Data Tape as of the end of the related Collection Period reflecting all activity with respect to the Receivables during such Collection Period.