Additional Reports by Trustee. (a) The Trustee shall report to the Depositor, the Servicer and the Certificate Insurer with respect to the amount then held in each Account (including investment earnings accrued or scheduled to accrue) held by the Trustee and the identity of the investments included therein, as the Depositor, the Servicer or the Certificate Insurer may from time to time request in writing.
(b) From time to time, at the request of the Certificate Insurer, the Trustee shall report to the Certificate Insurer with respect to its actual knowledge, without independent investigation, of any breach of any of the representations or warranties relating to individual Mortgage Loans set forth in any Unaffiliated Seller's Agreement or in Section 3.01 or 3.02 hereof. The Trustee shall also provide the Certificate Insurer such other information as may be reasonably requested by it.
Additional Reports by Trustee. (a) The Trustee shall report to the Sponsor, the Servicer and the Certificate Insurer with respect to the amount then held in each Account (including investment earnings accrued or scheduled to accrue) held by the Trustee and the identity of the investments included therein, as the Sponsor, the Servicer or the Certificate Insurer may from time to time request. Without limiting the generality of the foregoing, the Trustee shall, at the request of the Sponsor, the Servicer or the Certificate Insurer, transmit promptly to the Sponsor, the Servicer and the Certificate Insurer copies of all accountings of receipts in respect of the Mortgage Loans furnished to it by the Servicer. The content of reports by the Trustee pursuant to this subsection shall consist of its trust accounting system statements.
(b) The Trustee is hereby authorized to execute purchases and sales directed by the Servicer through the facilities of its own trading or capital markets operations. The Trustee shall send statements to the servicer monthly reflecting activity for each account created hereunder for the preceding month. Although the Servicer recognizes that it may obtain a broker confirmation or written statement containing comparable information at no additional cost, the Servicer hereby agrees that confirmations of investments are not required to be issued by the Trustee for each month in which a monthly statement is rendered. No statement need be rendered pursuant to the provision hereof if no activity occurred in the account for such month.
(c) From time to time, at the request of the Certificate Insurer, the Trustee shall report to the Certificate Insurer and each of Xxxxx'x and S&P with respect to its actual knowledge, without independent investigation, of any breach of any of the Representations and Warranties. On the date that is eighteen months after the Startup Day, the Trustee shall provide the Certificate Insurer with a written report of all of such inaccuracies to such date of which it has actual knowledge, without independent investigation, and of the action taken by the Originator under the related Master Transfer Agreement or by the Sponsor under Section 3.4(a) hereof with respect thereto.
Additional Reports by Trustee. (a) The Trustee shall report to the Company, the Master Servicer and the Certificate Insurer with respect to the amount then held in each Account (including investment earnings accrued or scheduled to accrue) held by the Trustee and the identity of the investments included therein, as the Company, the Master Servicer or the Certificate Insurer may from time to time request in writing.
(b) From time to time, at the request of the Certificate Insurer, the Trustee shall report to the Certificate Insurer with respect to its actual knowledge, without independent investigation, of any breach of any of the representations or warranties relating to individual Mortgage Loans set forth in the Purchase Agreement or in Section 3.01 or 3.02 hereof.
(c) On each Distribution Date, the Trustee shall provide Bloomberg Financial Markets, L.P. ("Bloomberg") Certificate Factors for each class of Certificates as of such Distribution Date, using a format and media mutually acceptable to the Trustee and Bloomberg.
Additional Reports by Trustee. (a) The Trustee shall report to the Company, the Servicer, Standard & Poor's, Moody's and the Certificate Insurer with respect to the amount then held in each Account (including investment earnings accrued or scheduled to accrue) held by the Trustee and the identity of the investments included therein, as the Company, the Servicer or the Certificate Insurer may from time to time request.
(b) Not later than 20 days after each Payment Date, the Trustee shall forward to the Company, the Servicer and the Certificate Insurer a statement, setting forth the status of the Certificate 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 Certificate Account.
Additional Reports by Trustee. (a) The Trustee shall report to the Sponsor, the Certificate Insurer and the Master Servicer with respect to the amount then held in each Account (including investment earnings accrued or scheduled to accrue) held by the Trustee and the identity of the investments included therein, as the Sponsor, the Master Servicer or the Certificate Insurer may from time to time request. Without limiting the generality of the foregoing, the Trustee shall, at the request of the Sponsor, the Master Servicer or the Certificate Insurer, transmit promptly to the Sponsor, the Certificate Insurer and the Master Servicer copies of all accounting of receipts in respect of the Mortgage Loans furnished to it by the Master Servicer and shall notify the Sponsor, the Certificate Insurer and the Master Servicer if any such receipts have not been received by the Trustee.
(b) The Trustee shall immediately report to the Certificate Insurer, Sponsor and Master Servicer with respect to its actual knowledge, without independent investigation, of any breach of any of the representations or warranties relating to individual Mortgage Loans set forth in any Master Transfer Agreement or in Section 3.3(a) hereof.
Additional Reports by Trustee. (a) The Trustee shall report to the Depositor and the Servicer with respect to the amount then held in each Account (including investment earnings accrued or scheduled to accrue) held by the Trustee and the identity of the investments included therein, as the Depositor or the Servicer may from time to time request in writing.
(b) From time to time, at the request of the Rating Agencies, the Trustee shall report to the Rating Agencies with respect to its actual knowledge, without independent investigation, of any breach of any of the representations or warranties relating to individual Mortgage Loans set forth in any Unaffiliated Seller's Agreement or in Section 3.01 or 3.02 hereof. The Trustee shall also provide the Rating Agencies such other information as may be reasonably requested by them.
Additional Reports by Trustee. 70 SECTION 6.09
Additional Reports by Trustee. (a) The Trustee shall report to the Seller, the Oversight Agent, the Servicer, Standard & Poor's, Moody's and the Certificate Insurer with respect to the amount then held in each Account (including investment earnings accrued or scheduled to accrue) held by the Trustee and the identity of the investments included therein, as the Seller, the Servicer, the Oversight Agent or the Certificate Insurer may from time to time request.
(b) Not later than 20 days after each Payment Date, the Trustee shall forward, upon request, to the Certificate Insurer, the Seller, the Servicer and the Oversight Agent a statement, setting forth the status of the Certificate 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 Certificate Account.
Additional Reports by Trustee. (a) The Trustee shall report to the Company, the Servicer and the Certificate Insurer with respect to the amount then held in each Account (including investment earnings accrued or scheduled to accrue) held by the Trustee and the identity of the investments included therein, as the Company, the Servicer or the Certificate Insurer may from time to time request in writing.
(b) From time to time, at the request of the Certificate Insurer, the Trustee shall report to the Certificate Insurer with respect to its actual knowledge, without independent investigation, of any breach of any of the representations or warranties relating to individual Mortgage Loans set forth in the Purchase Agreement or in Section 3.01 or 3.02 hereof.
Additional Reports by Trustee. 50 Section 6.09 COMPENSATING INTEREST..........................................50 Section 6.10 EFFECT OF PAYMENTS BY THE CERTIFICATE INSURER; SUBROGATION.....50 Section 6.11 ALLOCATION OF LIQUIDATED LOAN LOSSES...........................50 Section 6.12 PRE-FUNDING ACCOUNT............................................50 Section 6.13 CAPITALIZED INTEREST ACCOUNT...................................51 ARTICLE VII DEFAULT..........................................................................53
