Common use of Distribution of Reports Clause in Contracts

Distribution of Reports. (i) Upon receipt of any Monthly Report, Quarterly Report, Servicer’s Certificate, financial statements or other information, pursuant to this Section 7.11, the Documentation Agent shall promptly furnish a copy thereof to the Facility Agent, each Managing Agent and the Backup Servicer or, upon notice of the availability thereof (which notice may be delivered by email) make such copy available to such parties via the Documentation Agent’s website. Upon receipt thereof, each Managing Agent shall promptly forward a copy thereof to each Lender in its Lender Group. (ii) Upon receipt of any Monthly Report and Servicer’s Certificate, the Documentation Agent shall promptly forward a copy thereof to the Rating Agency.