Common use of Annual Holders' Tax Statement Clause in Contracts

Annual Holders' Tax Statement. On or before January 31 of each calendar year, beginning with calendar year 1998, Trustee shall distribute to each Person who at any time during the preceding calendar year was a Series 1997-1 Holder, a statement prepared by Servicer containing the following information: (i) the amount of the current distribution allocable to Class A Monthly Principal, Class B Monthly Principal and Collateral Monthly Principal, respectively; and (ii) the amount of the current distribution allocable to Class A Monthly Interest, Class A Deficiency Amounts, Class A Additional Interest, Class B Monthly Interest, Class B Deficiency Amounts, Class B Additional Interest and Collateral Monthly Interest, and any accrued and unpaid Collateral Monthly Interest, respectively. Such information shall be aggregated for such calendar year or the applicable portion thereof during which such Person was a Series 1997-1 Holder, together with such other customary information (consistent with the treatment of the Certificates as debt) as Servicer deems necessary or desirable to enable the Series 1997-1 Holders to prepare their tax returns. Such obligations of Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by Trustee pursuant to any requirements of the Internal Revenue Code.

Annual Holders' Tax Statement. On or before January 31 of each calendar year, beginning with calendar year 19981996, Trustee shall distribute to each Person who at any time during the preceding calendar year was a Series 19971996-1 Holder, a statement prepared by Servicer containing the following information: (i) the amount of the current distribution allocable to Class A Monthly Principal, Class B Monthly Principal and Collateral Monthly Principal, respectively; and (ii) the amount of the current distribution allocable to Class A Monthly Interest, Class A Deficiency Amounts, Class A Additional Interest, Class B Monthly Interest, Class B Deficiency Amounts, Class B Additional Interest and Collateral Monthly Interest, and any accrued and unpaid Collateral Monthly Interest, respectively. Such information shall be aggregated for such calendar year or the applicable portion thereof during which such Person was a Series 19971996-1 Holder, together with such other customary information (consistent with the treatment of the Certificates as debt) as Trustee or Servicer deems necessary or desirable to enable the Series 19971996-1 Holders to prepare their tax returns. Such obligations of Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by Trustee pursuant to any requirements of the Internal Revenue Code.

Annual Holders' Tax Statement. On or before January 31 of each calendar year, beginning with calendar year 19982000, Trustee shall distribute to each Person who at any time during the preceding calendar year was a Series 1997-1 an Investor Holder, a statement prepared by Servicer containing the following information: (i) the amount of the current distribution allocable to Class A Monthly Principal, Class B Monthly Principal and Collateral Class C Monthly Principal, respectively; and (ii) the amount of the current distribution allocable to Class A Monthly Interest, Class A Deficiency Amounts, Class A Additional Interest, Class B Monthly Interest, Class B Deficiency Amounts, Class B Additional Interest and Collateral Class C Monthly Interest, and any accrued and unpaid Collateral Class C Monthly Interest, respectively. Such information shall be aggregated for such calendar year or the applicable portion thereof during which such Person was a Series 1997-1 an Investor Holder, together with such other customary information (consistent with the treatment of the Certificates as debt) as Trustee or Servicer deems necessary or desirable to enable the Series 1997-1 Investor Holders to prepare their tax returns. Such obligations of Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by Trustee pursuant to any requirements of the Internal Revenue Code.

Annual Holders' Tax Statement. On or before January 31 of each calendar year, beginning with calendar year 19981996, Trustee shall distribute to each Person who at any time during the preceding calendar year was a Series 19971996-1 Holder, a statement prepared by Servicer containing the following information: (i) the amount of the current distribution allocable to Class A Monthly Principal, Class B Monthly Principal and Collateral Monthly Principal, respectively; and (ii) the amount of the current distribution allocable to Class A Monthly Interest, Class A Deficiency Amounts, Class A Additional Interest, Class B Monthly Interest, Class B Deficiency Amounts, Class B Additional Interest and Collateral Monthly Interest, and any accrued and unpaid Collateral Monthly Interest, respectively. Such information shall be aggregated for such calendar year or the applicable portion thereof during which such Person was a Series 19971996-1 Holder, together with such other customary information (consistent with the treatment of the Certificates as debt) as Trustee or Servicer (or Transferor, if Back-up Servicer is Servicer) deems necessary or desirable to enable the Series 19971996-1 Holders to prepare their tax returns. Such obligations of Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by Trustee pursuant to any requirements of the Internal Revenue Code.

Annual Holders' Tax Statement. On or before January 31 of each calendar year, beginning with calendar year 19982002, the Trustee shall distribute to each Person who at any time during the preceding calendar year was a Series 19972001-1 Holder, and to the Collateral Interest Holder, or, with the prior consent of any such Person, make available electronically to such Person, a statement prepared by the Servicer containing the following information: (i) the amount of the current distribution allocable to Class A Monthly Principal, Class B Monthly Principal and Collateral Monthly Principal, respectively; and (ii) the amount of the current distribution allocable to Class A Monthly Interest, Class A Deficiency Amounts, Class A Additional Interest, Class B Monthly Interest, Class B Deficiency Amounts, Class B Additional Interest and Collateral Monthly Interest, and any accrued and unpaid Collateral Monthly Interest, respectively. Such information shall be aggregated for such calendar year or the applicable portion thereof during which such Person was a Series 19972001-1 Holder, together with such other customary information (consistent with the treatment of the Certificates as debt) as the Trustee or the Servicer (or the Transferor, if the Back-up Servicer is the Servicer) deems necessary or desirable to enable the Series 19972001-1 Holders to prepare their tax returns. Such obligations of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Internal Revenue Code.

Annual Holders' Tax Statement. On or before January 31 of each calendar year, beginning with calendar year 19982003, the Trustee shall distribute to each Person who at any time during the preceding calendar year was a Series 19972002-1 Holder, and to the Collateral Interest Holder, or, with the prior consent of any such Person, make available electronically to such Person, a statement prepared by the Servicer containing the following information: (i) the amount of the current distribution allocable to Class A Monthly Principal, Class B Monthly Principal and Collateral Monthly Principal, respectively; and (ii) the amount of the current distribution allocable to Class A Monthly Interest, Class A Deficiency Amounts, Class A Additional Interest, Class B Monthly Interest, Class B Deficiency Amounts, Class B Additional Interest and Collateral Monthly Interest, and any accrued and unpaid Collateral Monthly Interest, respectively. Such information shall be aggregated for such calendar year or the applicable portion thereof during which such Person was a Series 19972002-1 Holder, together with such other customary information (consistent with the treatment of the Certificates as debt) as the Trustee or the Servicer (or the Transferor, if the Back-up Servicer is the Servicer) deems necessary or desirable to enable the Series 19972002-1 Holders to prepare their tax returns. Such obligations of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any requirements of the Internal Revenue Code.