Reporting by the Servicer. (a) On or prior to the 25th day of each calendar month, the Servicer shall cause to be delivered to the Titling Trustee a report in respect of the prior calendar month, setting forth (i) any information relating to the 1998-C Contracts or the related Leased Vehicles that normally would be available from a servicer of closed-end automobile and light-duty truck leases and is reasonably requested by the Titling Trustee and (ii) if required, any additional information required by the terms of any Securitized Financing, and (iii) deliver such other reports, Officer's Certificates or certificates from other authorized signatories as may be necessary pursuant to this 1998-C SUBI Servicing Supplement to document to the 1998-C Securitization Trustee the Servicer's right to any further reimbursement of unreimbursed Servicer Expenses. (b) On or prior to each Determination Date and each Transfer Date, the Servicer shall deliver or cause to be delivered to the Titling Trustee and the 1998-C Securitization Trustee a supplement to the Schedule of 1998-C Contracts and 1998-C Leased Vehicles containing data reflecting the addition or removal of 1998-C Contracts or 1998-C Leased Vehicles from the 1998-C SUBI Portfolio as of the first day of the current Collection Period (in the case of each Determination Date) or as of the related Subsequent Cutoff Date (in the case of each Transfer Date). Any such supplement shall contain, in addition to the data required by the definition of the term "Schedule of Contracts and Leased Vehicles", an identification of the Discounted Principal Balance of each 1998-C Contract added or removed. Such reports will be delivered by the Servicer to the 1998-C Securitization Trustee and the Luxembourg Stock Exchange, at such times as set forth in Section 3.03 of the 1998-C Securitization Trust Agreement and will be made available at the offices of each Paying Agent. In addition, the Servicer shall, on or prior to each Determination Date, cause to be delivered to the Titling Trustee, the 1998-C Securitization Trustee, each Rating Agency, and the Luxembourg Stock Exchange a certificate in the name of the Servicer, executed by an officer or authorized signatory therefor in respect of such Collection Period (the "Servicer's Certificate") substantially in the form attached hereto as Exhibit B (and setting forth such additional information as requested by each Rating Agency from time to time and which information the Servicer is able to reasonably provide), containing all information necessary to make the allocations and applications or payments required by the 1998-C Securitization Trust Agreement in respect of the Collection Period immediately preceding such Determination Date, including the information needed to prepare the statement required by Section 3.03 of the 1998-C
Appears in 1 contract
Reporting by the Servicer. (a) On or prior to the 25th day of each calendar month, the Servicer shall cause to be delivered to the Titling Trustee a report in respect of the prior calendar month, setting forth (i) any information relating to the 1998-C Contracts or the related 1998-C Leased Vehicles that normally would be available from a servicer of closed-end automobile and light-duty truck leases and is reasonably requested by the Titling Trustee and (ii) if required, any additional information required by the terms of any Securitized Financing, and (iii) deliver such other reports, Officer's Certificates or certificates from other authorized signatories as may be necessary pursuant to this 1998-C SUBI Servicing Supplement to document to the 1998-C Securitization Trustee the Servicer's right to any further reimbursement of unreimbursed Servicer Expenses.
(b) On or prior to each Determination Date and each Transfer Date, the Servicer shall deliver or cause to be delivered to the Titling Trustee and the 1998-C Securitization Trustee a supplement to the Schedule of 1998-C Contracts and 1998-C Leased Vehicles containing data reflecting the addition or removal of 1998-C Contracts or 1998-C Leased Vehicles from the 1998-C SUBI Portfolio as of the first day of the current Collection Period (in the case of each Determination Date) or as of the related Subsequent Cutoff Date (in the case of each Transfer Date). Any such supplement shall contain, in addition to the data required by the definition of the term "Schedule of Contracts and Leased Vehicles", an identification of the Discounted Principal Balance of each 1998-C Contract added or removed. Such reports will be delivered by the Servicer to the 1998-C Securitization Trustee and the Luxembourg Stock Exchange, at such times as set forth in Section 3.03 of the 1998-C Securitization Trust Agreement and will be made available at the offices of each Paying Agent. In addition, the Servicer shall, on or prior to each Determination Date, cause to be delivered to the Titling Trustee, the 1998-C Securitization Trustee, each Rating Agency, and the Luxembourg Stock Exchange a certificate in the name of the Servicer, executed by an officer or authorized signatory therefor in respect of such Collection Period (the "Servicer's Certificate") substantially in the form attached hereto as Exhibit B (and setting forth such additional information as requested by each Rating Agency from time to time and which information the Servicer is able to reasonably provide), containing all information necessary to make the allocations and applications or payments required by the 1998-C Securitization Trust Agreement in respect of the Collection Period immediately preceding such Determination Date, including the information needed to prepare the statement required by Section 3.03 of the 1998-CDiscounted
Appears in 1 contract
Sources: Trust and Servicing Agreement (Toyota Auto Lease Trust 1998 C)
Reporting by the Servicer. (a) On or prior to the 25th day of each calendar month, the Servicer shall cause to be delivered to the Titling Trustee a report in respect of the prior calendar month, setting forth (i) any information relating to the 1998-C B Contracts or the related 1998-B Leased Vehicles that normally would be available from a servicer of closed-end automobile and light-duty truck leases and is reasonably requested by the Titling Trustee and (ii) if required, any additional information required by the terms of any Securitized Financing, and (iii) deliver such other reports, Officer's Certificates or certificates from other authorized signatories as may be necessary pursuant to this 1998-C B SUBI Servicing Supplement to document to the 1998-C B Securitization Trustee the Servicer's right to any further reimbursement of unreimbursed Servicer Expenses.
(b) On or prior to each Determination Date and each Transfer Date, the Servicer shall deliver or cause to be delivered to the Titling Trustee and the 1998-C B Securitization Trustee a supplement to the Schedule of 1998-C B Contracts and 1998-C B Leased Vehicles containing data reflecting the addition or removal of 1998-C B Contracts or 1998-C B Leased Vehicles from the 1998-C B SUBI Portfolio as of the first day of the current Collection Period (in the case of each Determination Date) or as of the related Subsequent Cutoff Date (in the case of each Transfer Date). Any such supplement shall contain, in addition to the data required by the definition of the term "Schedule of Contracts and Leased Vehicles", an identification of the Discounted Principal Balance of each 1998-C B Contract added or removed. Such reports will be delivered by the Servicer to the 1998-C B Securitization Trustee and the Luxembourg Stock Exchange, at such times as set forth in Section 3.03 of the 1998-C B Securitization Trust Agreement and will be made available at the offices of each Paying Agent. In addition, the Servicer shall, on or prior to each Determination Date, cause to be delivered to the Titling Trustee, the 1998-C B Securitization Trustee, each Rating Agency, Agency and the Luxembourg Stock Exchange a certificate in the name of the Servicer, executed by an officer or authorized signatory therefor in respect of such Collection Period (the "Servicer's Certificate") substantially in the form attached hereto as Exhibit B (and setting forth such additional information as requested by each Rating Agency from time to time and which information the Servicer is able to reasonably provide), containing all information necessary to make the allocations and applications or payments required by the 1998-C Securitization Trust Agreement in respect of the Collection Period immediately preceding such Determination Date, including the information needed to prepare the statement required by Section 3.03 of the 1998-CCollection
Appears in 1 contract
Sources: Servicing Supplement (Toyota Auto Lease Trust 1998-B)