Common use of Information to Be Provided by the Trustee and the Administrator Clause in Contracts

Information to Be Provided by the Trustee and the Administrator. For so long as the Depositor is required to report with respect to the Issuing Entity under the Exchange Act, each of the Trustee and the Administrator shall (i) on or before the fifth Business Day of each month, provide to the Servicer, in writing, such information regarding the Trustee or the Administrator, as applicable, as is requested by the Servicer for the purpose of compliance with Item 1117 of Regulation AB, (ii) on or before March 15 of each calendar year, beginning March 15, 2007, provide to the Servicer, in writing, some information regarding the Trustee or the Administrator, as applicable, as is requested by the Servicer for the purpose of compliance with Item 1119 of Regulation AB; provided, however, that neither the Trustee nor the Administrator shall be required to provide information required by the foregoing clause (i) or (ii) in the event that there has been no change to the information previously provided by the Trustee or the Administrator, as applicable, to the Servicer, and (iii) as promptly as practicable following notice to or discovery by a Responsible Officer of the Trustee or the Administrator, as applicable, of any changes to such information, provide to the Servicer, in writing, such updated information.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2006-4), Pooling and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2006-3)

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Information to Be Provided by the Trustee and the Administrator. For so long as the Depositor is required to report with respect to the Issuing Entity under the Exchange Act, each of the Trustee and the Administrator shall (i) on or before the fifth Business Day of each month, provide to the Servicer, in writing, such information regarding the Trustee or the Administrator, as applicable, as is requested by the Servicer for the purpose of compliance with Item 1117 of Regulation AB, (ii) on or before March 15 of each calendar year, beginning March 15, 20072008, provide to the Servicer, in writing, some such information regarding the Trustee or the Administrator, as applicable, as is requested by the Servicer for the purpose of compliance with Item 1119 of Regulation AB; provided, however, that neither the Trustee nor the Administrator shall be required to provide information required by the foregoing clause (i) or (ii) in the event that there has been no change to the information previously provided by the Trustee or the Administrator, as applicable, to the Servicer, and (iii) as promptly as practicable 101 following notice to or discovery by a Responsible Officer of the Trustee or the Administrator, as applicable, of any changes to such information, provide to the Servicer, in writing, such updated information.. 102

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2007-1), Pooling and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2007-2)

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Information to Be Provided by the Trustee and the Administrator. For so long as the Depositor is required to report with respect to the Issuing Entity under the Exchange Act, each of the Trustee and the Administrator shall (i) on or before the fifth Business Day of each month, provide to the Servicer, in writing, such information regarding the Trustee or the Administrator, as applicable, as is requested by the Servicer for the purpose of compliance with Item 1117 of Regulation AB, (ii) on or before March 15 of each calendar year, beginning March 15, 20072008, provide to the Servicer, in writing, some such information regarding the Trustee or the Administrator, as applicable, as is requested by the Servicer for the purpose of compliance with Item 1119 of Regulation AB; provided, however, that neither the Trustee nor the Administrator shall be required to provide information required by the foregoing clause (i) or (ii) in the event that there has been no change to the information previously provided by the Trustee or the Administrator, as applicable, to the Servicer, and (iii) as promptly as practicable following notice to or discovery by a Responsible Officer of the Trustee or the Administrator, as applicable, of any changes to such information, provide to the Servicer, in writing, such updated information.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2007-3)

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