Common use of Monthly Payment Date Statement Clause in Contracts

Monthly Payment Date Statement. On each Payment Determination Date, the Indenture Trustee shall prepare a Monthly Payment Date Statement and shall make available via its internet website presently located at “xxxxx://xxxxx.xxxxxx.xxx” on a password protected basis, such Monthly Payment Date Statement to the Rating Agency, the Holders of the Notes and the Trust Certificates and the Administrator on each Payment Date setting forth the information described below, commencing the first calendar month following the issuance of the Notes. In connection with providing access to the Indenture Trustee’s website, the Indenture Trustee may require registration and the acceptance of a waiver and disclaimer. The Indenture Trustee shall prepare such reports based solely on information provided by the Servicer, and the Indenture Trustee shall have no liability for information provided by the Servicer or the Servicer’s failure to deliver such information on a timely basis. In addition, on each Payment Determination Date, the Indenture Trustee shall make the Asset Tape received by it from the Servicer available to the Rating Agency via its internet website and shall also forward such Asset Tape to the Administrator who shall make it available on the 17g-5 Website. The Monthly Payment Date Statement shall set forth the following:

Appears in 6 contracts

Samples: Indenture (loanDepot, Inc.), Please Insert Social Security (loanDepot, Inc.), Please Insert Social Security (loanDepot, Inc.)

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