Grantor Trust Reporting. The Securities Administrator shall prepare, or cause to be prepared, and submit to the Grantor Trustee for execution, and shall furnish or cause to be furnished to the Holder of the Grantor Trust Certificate and shall file or cause to be filed with the Internal Revenue Service, together with Form 1041 or such other form as may be applicable, such information with respect to the income and deductions of the Grantor Trust at the time or times and in the manner required by the Code, including such other customary factual information as is available to the Securities Administrator to enable the Grantor Trust Certificateholders to prepare tax returns, including information required with respect to computing the accrual of original issue and market discount. The Securities Administrator shall have no duty or obligation to prepare or file any reports with the Commission with respect to the Grantor Trust.
Appears in 4 contracts
Samples: Grantor Trust Agreement (Bear Stearns Arm Trust, Mortgage-Backed Notes, Series 2005-5), Grantor Trust Agreement (Bear Stearns Arm Trust, Mortgage-Backed Notes, Series 2005-5), Grantor Trust Agreement (Bear Stearns Arm Trust, Mortgage-Backed Notes, Series 2005-2)
