Common use of Benchmark Reporting Clause in Contracts

Benchmark Reporting. Each Approved Subservicer shall, once a month within five (5) business days of the last business day of the prior month, send to the applicable Trustee for a particular Trust and to JPMorgan statistics comparing its performance for each Subserviced Loan to the relevant timeline applicable to that Subserviced Loan (the “Monthly Statement”).

Appears in 5 contracts

Samples: RMBS Trust Settlement Agreement, RMBS Trust Settlement Agreement, RMBS Trust Settlement Agreement

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Benchmark Reporting. Each Approved Subservicer shall, once a month within five (5) business days of the last business day of the prior month, send to the applicable Trustee for a particular Trust and to JPMorgan statistics comparing its performance for each Subserviced Loan to the relevant timeline applicable to that Subserviced Loan (the “Monthly Statement”).

Appears in 1 contract

Samples: RMBS Trust Settlement Agreement

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