Common use of Custodian and Paying Agent Report Clause in Contracts

Custodian and Paying Agent Report. (a) The Custodian and Paying Agent shall cause to be furnished to the Private Owner, the Receiver, the Purchase Money Notes Guarantor and the Collateral Agent, no later than 12:00 noon, New York City time, on each Distribution Date, a report for the applicable Due Period (the “Custodian and Paying Agent Report”) with respect to the Loans and Underlying Collateral (including the Accounts setting forth in reasonable detail the balances of and any investments in the Accounts as of such date and all deposits to and disbursements, including of all Loan Proceeds or the Management Fee from the Accounts, including the date on which made, since the date of the previous report) held by the Custodian and Paying Agent pursuant to this Agreement and on such other information as may otherwise be agreed by the parties with respect to such Due Period, all as set forth on Exhibit K. The Custodian and Paying Agent shall follow the procedures and perform the calculations and reconciliations required to prepare the Custodian and Paying Agent Report, in each case as set forth on Exhibit K.

Custodian and Paying Agent Report. (a) The Custodian and Paying Agent shall cause to be furnished to the Private Owner, the Receiver, the Purchase Money Notes Note Guarantor and the Collateral Agent, no later than 12:00 noon, New York City time, on each Distribution Date, a report for the applicable Due Period (the “Custodian and Paying Agent Report”) with respect to the Mortgage Loans and Underlying Collateral (including the Accounts setting forth in reasonable detail the balances of and any investments in the such Accounts as of such date and all deposits to and disbursements, including of all Mortgage Loan Proceeds or the Management Fee from the such Accounts, including the date on which made, since the date of the previous report) held by the Custodian and Paying Agent pursuant to this Agreement and on such other information as may otherwise be agreed by the parties with respect to such Due Period, all as set forth on Exhibit K. The Custodian and Paying Agent shall follow the procedures and perform the calculations and reconciliations required to prepare the Custodian and Paying Agent Report, in each case as set forth on Exhibit K.

Custodian and Paying Agent Report. (a) The Custodian and Paying Agent shall cause to be furnished to the Private Owner, the Receiver, the Purchase Money Notes Guarantor and the Collateral Agent, no later than 12:00 noon, New York City time, on each Distribution Date, a report for the applicable Due Period (the “Custodian and Paying Agent Report”) with respect to the Loans and Underlying Collateral (including the Accounts setting forth in reasonable detail the balances of and any investments in the such Accounts as of such date and all deposits to and disbursements, including of all Loan Proceeds or the Management Fee from the such Accounts, including the date on which made, since the date of the previous report) held by the Custodian and Paying Agent pursuant to this Agreement and on such other information as may otherwise be agreed by the parties with respect to such Due Period, all as set forth on Exhibit K. The Custodian and Paying Agent shall follow the procedures and perform the calculations and reconciliations required to prepare the Custodian and Paying Agent Report, in each case as set forth on Exhibit K.