Access to Certain Documentation and Information Regarding the Home Equity Loans. (a) The Servicer and the Subservicers shall provide to the Trustee, the Administrator, Holders of Offered Certificates that are federally insured savings and loan associations, the Office of Thrift Supervision, the successor to the Federal Home Loan Bank Board, the FDIC and the supervisory agents and examiners of the Office of Thrift Supervision access to the documentation regarding the Home Equity Loans required by applicable regulations of the Office of Thrift Supervision and the FDIC (acting as operator of the SAIF or the BIF), such access being afforded without charge but only upon reasonable request and during normal business hours at the offices of the Servicer or the Subservicers. Nothing in this Section shall derogate from the obligation of the Servicer to observe any applicable law prohibiting disclosure of information regarding the Mortgagors, and the failure of the Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section. (b) No later than the Determination Date preceding the related Distribution Date, the Servicer shall supply to the Administrator and the Paying Agent information (each, a “Remittance Report”), in such form as the Administrator shall reasonably request as is required in the Administrator’s reasonable judgment to enable the Paying Agent or the Administrator, as the case may be, to make the required distributions and to furnish the required reports to Certificateholders on such Distribution Date.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2007-1), Pooling and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2007-3), Pooling and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2006-3)
Access to Certain Documentation and Information Regarding the Home Equity Loans. (a) The Servicer and the Subservicers shall provide to the Indenture Trustee, the AdministratorOwner Trustee, Holders the Transferor in respect of Offered Certificates the Ownership Interest, the Noteholders that are federally insured savings and loan associations, the Office of Thrift Supervision, the successor to the Federal Home Loan Bank Board, the FDIC and the supervisory agents and examiners of the Office of Thrift Supervision access to the documentation regarding the Home Equity Loans required by applicable regulations of the Office of Thrift Supervision and the FDIC (acting as operator of the SAIF or the BIF), such access being afforded without charge but only upon reasonable request and during normal business hours at the offices of the Servicer or the Subservicers. Nothing in this Section shall derogate from the obligation of the Servicer to observe any applicable law prohibiting disclosure of information regarding the Mortgagors, and the failure of the Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section.
(b) No later than the Determination Date preceding the related Distribution Payment Date, the Servicer shall supply to the Administrator and the Paying Agent information (each, a “Remittance Report”), in such form as the Administrator shall reasonably request to the Administrator and the Paying Agent as is required in the Administrator’s reasonable judgment to enable the Paying Agent or the Administrator, as the case may be, to make the required distributions and payments to furnish the required reports to Certificateholders Noteholders on such Distribution Payment Date.
Appears in 4 contracts
Samples: Sale and Servicing Agreement (HSBC Home Equity Loan Corp I), Sale and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2006-2), Sale and Servicing Agreement (HSBC Home Equity Loan Corp I)
Access to Certain Documentation and Information Regarding the Home Equity Loans. (a) The Master Servicer and the Subservicers Servicers shall provide to the Trustee, the Administrator, Holders of Offered Certificates Class A or Class M Certificateholders that are federally insured savings and loan associations, the Office of Thrift Supervision, the successor to the Federal Home Loan Bank Board, the FDIC and the supervisory agents and examiners of the Office of Thrift Supervision access to the documentation regarding the Home Equity Loans required by applicable regulations of the Office of Thrift Supervision and the FDIC (acting as operator of the SAIF or the BIF), such access being afforded without charge but only upon reasonable request and during normal business hours at the offices of the Master Servicer or the SubservicersServicers. Nothing in this Section shall derogate from the obligation of the Master Servicer to observe any applicable law prohibiting disclosure of information regarding the Mortgagors, and the failure of the Master Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section.
(b) No later than the Determination Date preceding the related Distribution Date, the Master Servicer shall supply to the Administrator and the Paying Agent information (each, a “Remittance Report”), in such form as the Administrator Trustee shall reasonably request to the Trustee and the Paying Agent as is required in the Administrator’s Trustee's reasonable judgment to enable the Paying Agent or the AdministratorTrustee, as the case may be, to make the required distributions and to furnish the required reports to Certificateholders on such Distribution Date.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (HFC Revolving Corp), Pooling and Servicing Agreement (HFC Revolving Corp), Pooling and Servicing Agreement (HFC Revolving Corp)
Access to Certain Documentation and Information Regarding the Home Equity Loans. (a) The Master Servicer and the Subservicers Servicers shall provide to the Indenture Trustee, the AdministratorOwner Trustee, Holders the Transferor in respect of Offered Certificates the Ownership Interest, the Noteholders that are federally insured savings and loan associations, the Office of Thrift Supervision, the successor to the Federal Home Loan Bank Board, the FDIC and the supervisory agents and examiners of the Office of Thrift Supervision access to the documentation regarding the Home Equity Loans required by applicable regulations of the Office of Thrift Supervision and the FDIC (acting as operator of the SAIF or the BIF), such access being afforded without charge but only upon reasonable request and during normal business hours at the offices of the Master Servicer or the SubservicersServicers. Nothing in this Section shall derogate from the obligation of the Master Servicer to observe any applicable law prohibiting disclosure of information regarding the Mortgagors, and the failure of the Master Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section.
(b) No later than the Determination Date preceding the related Distribution Payment Date, the Master Servicer shall supply to the Administrator and the Paying Agent information (each, a “Remittance Report”), in such form as the Administrator shall reasonably request to the Administrator and the Paying Agent as is required in the Administrator’s reasonable judgment to enable the Paying Agent or the Administrator, as the case may be, to make the required distributions and payments to furnish the required reports to Certificateholders Noteholders on such Distribution Payment Date.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (HSBC Home Equity Loan Trust 2005-2), Sale and Servicing Agreement (HSBC Home Equity Loan Trust 2005-3)
Access to Certain Documentation and Information Regarding the Home Equity Loans. (a) The Master Servicer and the Subservicers Servicers shall provide to the Trustee, the Administrator, Holders of Offered Certificates Class A or Class M Certificateholders that are federally insured savings and loan associations, the Office of Thrift Supervision, the successor to the Federal Home Loan Bank Board, the FDIC and the supervisory agents and examiners of the Office of Thrift Supervision access to the documentation regarding the Home Equity Loans required by applicable regulations of the Office of Thrift Supervision and the FDIC (acting as operator of the SAIF or the BIF), such access being afforded without charge but only upon reasonable request and during normal business hours at the offices of the Master Servicer or the SubservicersServicers. Nothing in this Section shall derogate from the obligation of the Master Servicer to observe any applicable law prohibiting disclosure of information regarding the Mortgagors, and the failure of the Master Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section.
(b) No later than The Master Servicer shall supply information in such form as the Determination Date Trustee shall reasonably request to the Trustee and the Paying Agent, on or before the start of the third Business Day preceding the related Distribution Date, the Servicer shall supply to the Administrator and the Paying Agent information (each, a “Remittance Report”), in such form as the Administrator shall reasonably request as is required in the Administrator’s Trustee's reasonable judgment to enable the Paying Agent or the AdministratorTrustee, as the case may be, to make the required distributions and to furnish the required reports to Certificateholders on such Distribution DateCertificateholders.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (HFC Revolving Corp), Pooling and Servicing Agreement (HFC Revolving Corp)
Access to Certain Documentation and Information Regarding the Home Equity Loans. (a) The Servicer and the Subservicers shall provide to the Trustee, the Administrator, Holders of Offered Certificates [the Certificate Insurer,] Class [A] or Class [IO] Certificateholders that are federally insured savings and loan associations, the Office of Thrift Supervision, the successor to the Federal Home Loan Bank Board, the FDIC and the supervisory agents and examiners of the Office of Thrift Supervision access to the documentation regarding the Home Equity Loans required by applicable regulations of the Office of Thrift Supervision and the FDIC (acting as operator of the SAIF or the BIF), such access being afforded without charge but only upon reasonable request and during normal business hours at the offices of the Servicer or the Subservicers. Nothing in this Section shall derogate from the obligation of the Servicer to observe any applicable law prohibiting disclosure of information regarding the Mortgagors, and the failure of the Servicer to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section.
(b) No later than the Determination Date preceding the related Distribution Date, the Servicer shall supply to the Administrator and the Paying Agent information (each, a “Remittance Report”), ) in such form as the Administrator shall reasonably request to the Administrator and the Paying Agent as is required in the Administrator’s reasonable judgment to enable the Paying Agent or the Administrator, as the case may be, to make the required distributions and to furnish the required reports to Certificateholders on such Distribution Date.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (HSBC Home Equity Loan Corp I), Pooling and Servicing Agreement (HSBC Home Equity Loan Corp I)
Access to Certain Documentation and Information Regarding the Home Equity Loans. (a) The Master Servicer and or the Subservicers Trustee, as applicable, shall provide to the Trustee, the Administrator, Holders of Offered Certificates Certificateholders that are federally insured savings and loan associations, the Office of Thrift Supervision, the successor to the Federal Home Loan Bank Board, the FDIC Deposit Insurance Corporation and the supervisory agents and examiners of the Office of Thrift Supervision such office and such corporation access to the documentation regarding the Home Equity Loans required by applicable regulations of the Office of Thrift Supervision and the FDIC (acting as operator of the SAIF or the BIF)Supervision, such access being afforded without charge but only upon reasonable request and during normal business hours at the offices of the Servicer or the SubservicersMaster Servicer. Nothing in this Section 3.11 shall derogate from the obligation of the Master Servicer or the Trustee to observe any applicable law prohibiting disclosure of information regarding the Mortgagors, Mortgagors and the failure of the Master Servicer or the Trustee to provide access as provided in this Section 3.11 as a result of such obligation shall not constitute a breach of this SectionSection 3.11.
(b) No later than The Master Servicer shall supply such supplemental information, in such form as the Determination Date Trustee shall reasonably request, to the Paying Agent and the Trustee, on or before the start of the third Business Day preceding the related Distribution Date, the Servicer shall supply to the Administrator and the Paying Agent information (each, a “Remittance Report”), in such form as the Administrator shall reasonably request as is required in the Administrator’s Trustee's reasonable judgment to enable the Paying Agent or the AdministratorTrustee, as the case may be, to make the required distributions and to furnish the required reports to Certificateholders on such Distribution DateCertificateholders.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Beneficial Mortgage Services Inc)