Common use of Additional Reports by Indenture Trustee Clause in Contracts

Additional Reports by Indenture Trustee. (a) The Indenture Trustee shall report to the Owner Trustee, the Seller, the Servicer, Standard & Poor's, Moody's and the Note Insurer with respect to the amount then held in each Account (including investment earnings accrued or scheduled to accrue) held by the Indenture Trustee and the identity of the investments included therein, as the Seller, the Servicer or the Note Insurer may from time to time request. (b) Not later than 20 days after each Payment Date, the Indenture Trustee shall forward to the Seller, the Servicer and the Note Insurer a statement, setting forth the status of the Note Account as of the close of business on the last Business Day of the related Remittance Period showing, for the period covered by such statement, the aggregate of deposits into and withdrawals from the Note Account.