Master Servicer Reports. To the extent the Master Servicer receives timely information from each Servicer not later than 2:00 p.m. [ ] time two Business Days prior to each Payment Date, the Master Servicer shall deliver or cause to be delivered to the Indenture Trustee the related Master Servicer’s Monthly Report which shall contain (i) a summary report of Mortgage Loan payment activity for such month, (ii) delinquency summary reports for Mortgage Loans with respect to which scheduled payments due in such month were not made, (iii) an itemization by category of all amounts to be paid on the Payment Date and (iv) such other information as is necessary for the Indenture Trustee to report items in Sections 6.08(a) and (b); provided, however, that the Master Servicer shall provide the information detailed in clauses (iii) and (v) above with respect to the assets of the Trust Assets other than the Mortgage Loans only to the extent that it receives such information in a timely manner from the parties that are required to provide such information to the Master Servicer. In the event the Master Servicer does not receive timely information from each Servicer, the Master Servicer shall deliver or cause to be delivered the Master Servicer’s Monthly Report to the Indenture Trustee within [one] Business Day following the Master Servicer’s receipt of the necessary information.
Master Servicer Reports. To the extent the Master Servicer receives timely information from each Servicer not later than 2:00 p.m. Charlotte, North Carolina time two Business Days prior to each Distribution Date, the Master Servicer shall deliver or cause to be delivered to the Trustee, the Seller and the Depositor the related Master Servicer’s Monthly Report which shall contain (i) a summary report of Mortgage Loan payment activity for such month, (ii) delinquency summary reports for Mortgage Loans with respect to which scheduled payments due in such month were not made, (iii) an itemization by category of all amounts to be paid on the Distribution Date, (iv) the aggregate principal balance of all Foreclosure Restricted Loans that are subject to foreclosure proceedings in such month and (v) such other information as is necessary for the Trustee to report items in Sections 6.08(a) and (b); provided, however, that the Master Servicer shall provide the information detailed in clauses (iii), (iv) and (v) above with respect to the assets of the Trust Fund other than the Mortgage Loans only to the extent that it receives such information in a timely manner from the parties that are required to provide such information to the Master Servicer. In the event the Master Servicer does not receive timely information from each Servicer, the Master Servicer shall deliver or cause to be delivered the Master Servicer’s Monthly Report to the Trustee within one Business Day following the Master Servicer’s receipt of the necessary information.
Master Servicer Reports. Section 4.28. Annual Officer’s Certificate as to Compliance. 86
Master Servicer Reports. Section 5.28. Annual Officer’s Certificate as to Compliance. 85 Section 5.29. Annual Independent Accountants’ Servicing Report. 86 Section 5.30. Merger or Consolidation. 87 Section 5.31. [Reserved] Section 5.32. Assignment or Delegation of Duties by the Master Servicer. 87 Section 5.33. Limitation on Liability of the Master Servicer and Others. 87 ARTICLE VI [RESERVED] 88
Master Servicer Reports. Annual Statements as to Compliance; Annual Assessments of Compliance.
Master Servicer Reports. (a) To the extent the Master Servicer receives timely information from each Servicer not later than 2:00 p.m. Charlotte, North Carolina time two Business Days prior to each Distribution Date, the Master Servicer shall deliver or cause to be delivered to the Trustee the related Master Servicer’s Monthly Report which shall contain (i) a summary report of Mortgage Loan payment activity for such month, (ii) delinquency summary reports for Mortgage Loans with respect to which scheduled payments due in such month were not made, (iii) an itemization by category of all amounts to be paid on the Distribution Date and (iv) such other information as is necessary for the Trustee to report items in Sections 6.08(a) and (b); provided, however, that the Master Servicer shall provide the information detailed in clauses (iii) and (v) above with respect to the assets of the Trust Fund other than the Mortgage Loans only to the extent that it receives such information in a timely manner from the parties that are required to provide such information to the Master Servicer. In the event the Master Servicer does not receive timely information from each Servicer, the Master Servicer shall deliver or cause to be delivered the Master Servicer’s Monthly Report to the Trustee within one Business Day following the Master Servicer’s receipt of the necessary information.
(b) Not later than two Business Days following each Distribution Date, the Master Servicer shall deliver or cause to be delivered to any Pool PMI Insurer via computer tape or other mutually acceptable format the unpaid principal balance, any Pool PMI Insurer certificate number, lender loan number, and monthly premium due for each related Pool PMI Insured Mortgage Loan.
Master Servicer Reports. 37 ARTICLE IV- ACCOUNTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 Section 4.01. Protected Accounts . . . . . . . . . . . . . . . . . . 39 Section 4.02. Certificate Account . . . . . . . . . . . . . . . . . . 41 Section 4.03. Permitted Withdrawals and Transfers from the Certificate Account . . . . . . . . . . . . . . . . 42 Section 4.04 Buydown Fund Accounts . . . . . . . . . . . . . . . . . 45 Page ---- ARTICLE V - CERTIFICATES . . . . . . . . . . . . . . . . . . . . . . . . . . 46 Section 5.01. The Certificates . . . . . . . . . . . . . . . . . . . 46 Section 5.02. Certificates Issuable in Series; Authorized Denominations . . . . . . . . . . . . . . . . . . . 46 Section 5.03. Registration of Transfer and Exchange of Certificates . . . . . . . . . . . . . . . . . . . . 47 Section 5.04. Mutilated, Destroyed, Lost or Stolen Certificates . . . 47 Section 5.05. Persons Deemed Owners . . . . . . . . . . . . . . . . . 48 Section 5.06. Office for Transfer of Certificates . . . . . . . . . . 48
Master Servicer Reports. (a) On or before the Determination Date, each Master Servicer shall provide to the Certificate Trustee, with respect to the Mortgage Loans such Master Servicer services and the Mortgage Loans in each Mortgage Loan Group and the related REO Property, respectively, a Master Servicer Report in such electronic format as the Certificate Trustee may reasonably request and in such hardcopy format as each Master Servicer and the Certificate Trustee shall agree which, if there are sub-servicers, shall be based upon reports from sub- servicers, if any, received by a Master Servicer on or before the seventh Business Day of such month with respect to the related Mortgage Loans and related REO Property in each Mortgage Loan Group and containing the following information (in respect of the REO Property, only such information which is applicable) (provided that the information marked with an "*" below may be provided by a Master Servicer solely in a hardcopy format):
(i) Aggregate deposits to each subaccount of the Certificate Account since the date of the proper statement, stated separately for each category of deposit specified in Section 4.02 and each category of withdrawal specified in Section 4.03;
(ii) Amount of each Group Available Funds expected for the related Distribution Date and attributable to each of the following categories:
(A) Scheduled Principal;
(B) Principal Prepayments (stated separately for (u) partial prepayments, (v) full prepayments, (w) Net Liquidation Proceeds, stating Liquidation Proceeds and Liquidation Expenses separately), *(x) Insurance Proceeds, *(y) the Repurchase Price in connection with the purchase of a Mortgage Loan, and *(z) any cash deposit in connection with the substitution of a Mortgage Loan;
Master Servicer Reports. Section 4.28. Annual Officer’s Certificate as to Compliance. Section 4.29. Annual Independent Accountants’ Servicing Report. Section 4.30. Merger or Consolidation. Section 4.31. Reports filed with the Securities and Exchange Commission. Section 4.32. Assignment or Delegation of Duties by the Master Servicer. Section 4.33. Limitation on Liability of the Master Servicer and Others. Section 4.34. Transfer of Servicing. Section 4.35. Master Servicer Exchange Act Reporting Requirements. ARTICLE V THE CERTIFICATES Section 5.01. The Certificates. Section 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates. Section 5.03. [Reserved] Section 5.04. Mutilated, Destroyed, Lost or Stolen Certificates. Section 5.05. Persons Deemed Owners. Section 5.06. Access to List of Certificateholders’ Names and Addresses. Section 5.07. Maintenance of Office or Agency. ARTICLE VI DEPOSITS AND DISTRIBUTIONS
Master Servicer Reports. Not later than 12:00 ----------------------- noon Pacific time on the fifteenth calendar day of each month (or the immediately preceding Business Day if such calendar day is not a Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee the related Master Servicer's Monthly Report on computer readable magnetic tape or diskette in a mutually agreed upon format. This report shall also contain (i) a summary report of Mortgage Loan payment activity for such month, (ii) exception payment reports for Mortgage Loans with respect to which scheduled payments due in such month were not made, (iii) an itemization by category of all amounts to be paid on the Distribution Date, and (iv) a trial balance in the form of a computer tape. Not later than 12:00 noon Pacific time on the eighteenth calendar day of each month (or the immediately succeeding business day if such calendar day falls on a Saturday or Sunday or a holiday) (each a "REPORT DATE"), the Master Servicer shall deliver or cause to be delivered to the Trustee such Master Servicer's Monthly Report on computer readable magnetic tape or diskette such information as is necessary for the Trustee to report items in 6.08(b).
