Common use of Accounting; Reports; Tax Returns Clause in Contracts

Accounting; Reports; Tax Returns. (a) The Administrator has agreed pursuant to the Administration Agreement that the Administrator shall (i) maintain (or cause to be maintained) the books of the Trust on a calendar year basis on the accrual method of accounting, and (ii) file or cause to be filed all documents required to be filed by the Trust with the Securities and Exchange Commission and otherwise take or cause to be taken all such actions as are notified by the Servicer in writing to the Administrator as being required for the Trust's compliance with all applicable provisions of state and federal securities laws.