Common use of Distribution Date Statements Clause in Contracts

Distribution Date Statements. On each Distribution Date, the Trustee will deliver a Distribution Date Statement to the Holders, unless Certificates are registered to Cede & Co., and the Administrator. The Distribution Date Statement shall set forth, with respect to such Distribution Date: (a) the Certificate Balances of the Class B-1 Certificates and the Class B-2 Certificates, before and after Distributions of Portfolio Asset Principal; (b) Distributions of Portfolio Asset Principal made to Certificateholders on such Distribution Date; (c) Distributions of Portfolio Asset Interest made to Certificateholders on such Distribution Date; (d) Distributions of Portfolio Asset Premium made to Certificateholders on such Distribution Date; (e) the aggregate unpaid principal balance of the Portfolio Assets as of the related Record Date; and (f) the Administrative Fees paid by the Trustee since the prior Distribution Date.