Common use of Master Servicer Reports Clause in Contracts

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. [ ] Boston, Massachusetts time two Business Days prior to each Payment Distribution Date, the Master Servicer shall deliver or cause to be delivered to the Indenture Trustee 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 Payment Date Distribution Date, (iv) the aggregate principal balance of all Foreclosure Restricted Loans that are subject to foreclosure proceedings in such month (to the extent such information is required to be reported and is reported by the Servicer to the Master Servicer) and (ivv) 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), (iv) and (v) above with respect to the assets of the Trust Assets 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 Indenture Trustee within [one] 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. [ ] New York City time two Business Days prior to each Payment Distribution Date, the Master Servicer shall deliver or cause to be delivered to the Indenture Trustee 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 Payment Date Distribution Date, (iv) the aggregate principal balance of all Foreclosure Restricted Loans that are subject to foreclosure proceedings in such month (to the extent such information is required to be reported and is reported by the Servicer to the Master Servicer) and (ivv) 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), (iv) and (v) above with respect to the assets of the Trust Assets 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 Indenture Trustee within [one] 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 the Servicer not later than 2:00 p.m. [ ] time two Business Days prior to each Payment Distribution 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 Distribution Date and (iv) such other information as is necessary for the Indenture Trustee to report items in Sections 6.08(a7.08(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 Payment Distribution 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 Distribution 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 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 Indenture Trustee within [one] 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 the Servicer not later than 2:00 p.m. [ ] time two Business Days prior to each Payment Distribution 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 Distribution Date and (iv) such other information as is necessary for the Indenture Trustee to report items in Sections 6.08(a7.08(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 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 the 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.