Common use of Preparation of Regulatory Reports Clause in Contracts

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.05, the Master Servicer shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed in a timely manner such supplementary and periodic information, documents and reports (collectively, "Periodic Reports") as may be required pursuant to Section 12(g) or Section 15(d) of the Exchange Act, by the rules and regulations of the SEC thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the Master Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SEC. Saxon or the Trustee shall execute all such Periodic Reports and Applications for Relief delivered as provided above and shall return the same to the Master Servicer for filing with the SEC and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalf. (b) Within 30 days after the beginning of the first fiscal year of the Trust during which the obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer shall prepare, or cause to be prepared, a notice on SEC Form 15 ("Form 15") and shall forward such notice to the Trustee for execution. The Trustee shall execute each Form 15 delivered as provided above and shall return the same to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the Trustee's behalf; provided, however, that the Master Servicer shall be under no obligation to prepare such notice if the number of Certificateholders exceeds 300. The Certificate Registrar shall notify the Master Servicer in a timely manner if the number of Certificateholders at any one time exceeds 300. The Master Servicer shall file any Form 15 with the SEC in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) Notwithstanding any other provision of this Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon or any other Person with respect to (i) the registration of the Certificates pursuant to the Securities Act, (ii) the issuance or sale of the Certificates or (iii) compliance with the provisions of the Securities Act, the Exchange Act or any applicable federal or state securities or other laws, including, but not limited to, any requirement to update the registration statement or prospectus relating to the Certificates in order to render the same not materially misleading to investors. (d) In connection with the Master Servicer's preparation of any Form 15 or any Periodic Report, the Certificate Registrar shall provide the Master Servicer with such information as the Master Servicer may reasonably request concerning the number and identity of the Holders appearing on the Certificate Register, but the Certificate Registrar shall have no duty or obligation to provide information which does not appear on the Certificate Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder of record.

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.054.06, the Master Servicer shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed in a timely manner such supplementary and periodic information, documents and reports (collectivelysuch information, documents or reports are referred to hereinafter as "Periodic Reports") as may be required pursuant to Section 12(g) or Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the rules and regulations of the SEC Commission thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the Master The Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report it conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SECCommission. Saxon or the Trustee The Servicer is hereby authorized to and shall execute all such Periodic Reports and or Applications for Relief delivered as provided above on the Trustee's behalf and shall return file the same to the Master Servicer for filing with the SEC Commission and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalfTrust. (b) Within 30 days after the beginning of the first fiscal year of the any Trust during which the its obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer shall prepare, or cause to be prepared, a notice on SEC Commission Form 15 ("Form 15") and shall forward such notice is hereby authorized to the Trustee for execution. The Trustee shall execute each Form 15 delivered as provided above and shall return the same to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the related Trustee's behalf; provided, however, that the Master Servicer shall be under no obligation to prepare such notice if the number of Certificateholders exceeds 300. The Certificate Registrar shall notify the Master Servicer in a timely manner if the number of Certificateholders at any one time exceeds 300. The Master Servicer shall file any notice on Form 15 with the SEC Commission in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) Notwithstanding any other provision of this the Pooling and Servicing Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon the Company or any other Person with respect to (i1) the registration of the Certificates pursuant to the Securities Act, (ii2) the issuance or sale of the Certificates Certificates, or (iii3) compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement to update the registration statement or prospectus relating to the Certificates in order to render the same not materially misleading to investors. (d) In connection with the Master Servicer's preparation of any Form 15 or of any Periodic Report, the Certificate Registrar Trustee shall provide the Master Servicer it with such information as the Master Servicer which it may reasonably request concerning the number and identity of the Holders appearing on the Certificate RegisterRegister maintained by the Certificate Registrar, but the Certificate Registrar Trustee shall have no duty or obligation to provide information which does not appear on the Certificate Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder Holder of record.

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.054.06, the Master Servicer Trustee shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed in a timely manner at the expense of the Master Servicer such supplementary and periodic information, documents and reports (collectivelysuch information, documents or reports are referred to hereinafter as "Periodic Reports") as may be required pursuant to Section 12(g) or Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the rules and regulations of the SEC Commission thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the The Trustee rather than by the Master Servicer, the Master Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report it conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SECCommission. Saxon or the The Trustee is hereby authorized to and shall execute all such Periodic Reports and or Applications for Relief delivered as provided above on the Trust's behalf and shall return file the same to the Master Servicer for filing with the SEC Commission and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalfTrust. (b) Within 30 days after the beginning of the first fiscal year of the any Trust during which the its obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer Trustee shall prepare, or cause to be prepared, a notice on SEC Commission Form 15 ("Form 15") and shall forward such notice is hereby authorized to the Trustee for execution. The Trustee shall execute each Form 15 delivered as provided above and shall return the same to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the Trusteerelated Trust's behalfbehalf and at the expense of the Master Servicer; provided, however, that the Master Servicer Trustee shall be under no obligation to prepare such notice if the number of Certificateholders exceeds 300. The Certificate Registrar shall notify the Master Servicer in a timely manner if the number of Certificateholders at any one time exceeds 300. The Master Servicer Trustee shall file any notice on Form 15 with the SEC Commission in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) Notwithstanding any other provision of this the Pooling and Servicing Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon the Depositor or any other Person with respect to (i1) the registration of the Certificates pursuant to the Securities Act, (ii2) the issuance or sale of the Certificates Certificates, or (iii3) other than as expressly set forth in this Section 4.06, compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement to update the registration statement or prospectus relating to the Certificates in order to render the same not materially misleading to investors. (d) In connection with the Master ServicerTrustee's preparation of any Form 15 or of any Periodic Report, the Certificate Registrar Master Servicer and the Depositor shall provide the Master Servicer it with such information as the Master Servicer which it may reasonably request concerning the number and identity of the Holders appearing on the Certificate Register, but the Certificate Registrar shall have no duty or obligation to provide information which does not appear on the Certificate Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder of recordrequest.

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.054.06, the Master Servicer shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed in a timely manner such supplementary and periodic information, documents and reports (collectivelysuch information, documents or reports are referred to hereinafter as "Periodic Reports") as may be required pursuant to Section 12(g) or Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the rules and regulations of the SEC Commission thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the Master The Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report it conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SECCommission. Saxon or the Trustee The Servicer is hereby authorized to and shall execute all such Periodic Reports and or Applications for Relief delivered as provided above on the Trustee's behalf and shall return file the same to the Master Servicer for filing with the SEC Commission and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalfTrust. (b) Within 30 days after the beginning of the first fiscal year of the any Trust during which the its obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer shall prepare, or cause to be prepared, a notice on SEC Commission Form 15 ("Form 15") and shall forward such notice is hereby authorized to the Trustee for execution. The Trustee shall execute each Form 15 delivered as provided above and shall return the same to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the related Trustee's behalf; providedPROVIDED, howeverHOWEVER, that the Master Servicer shall be under no obligation to prepare such notice if the number of Certificateholders exceeds 300. The Certificate Registrar shall notify the Master Servicer in a timely manner if the number of Certificateholders at any one time exceeds 300. The Master Servicer shall file any notice on Form 15 with the SEC Commission in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) Notwithstanding any other provision of this the Pooling and Servicing Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon OMI or any other Person with respect to (i1) the registration of the Certificates pursuant to the Securities Act, (ii2) the issuance or sale of the Certificates Certificates, or (iii3) compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement to update the registration statement or prospectus relating to the Certificates in order to render the same not materially misleading to investors. (d) In connection with the Master Servicer's preparation of any Form 15 or of any Periodic Report, the Certificate Registrar Trustee shall provide the Master Servicer it with such information as the Master Servicer which it may reasonably request concerning the number and identity of the Holders appearing on the Certificate RegisterRegister maintained by the Certificate Registrar, but the Certificate Registrar Trustee shall have no duty or obligation to provide information which does not appear on the Certificate Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder Holder of record.

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.054.06, the Master Servicer shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed in a timely manner such supplementary and periodic information, documents and reports (collectivelysuch information, documents or reports are referred to hereinafter as "Periodic Reports") as may be required pursuant to Section 12(g) or Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the rules and regulations of the SEC Commission thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the The Master Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report it conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SECCommission. Saxon or the Trustee The Master Servicer is hereby authorized to and shall execute all such Periodic Reports and or Applications for Relief delivered as provided above on the Trustee's behalf and shall return file the same to the Master Servicer for filing with the SEC Commission and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalfTrust. (b) Within 30 days after the beginning of the first fiscal year of the any Trust during which the its obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer shall prepare, or cause to be prepared, a notice on SEC Commission Form 15 ("Form 15") and shall forward such notice is hereby authorized to the Trustee for execution. The Trustee shall execute each Form 15 delivered as provided above and shall return the same to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the related Trustee's behalf; provided, however, that the Master Servicer shall be under no obligation to prepare such notice if the number of Certificateholders exceeds 300. The Certificate Registrar shall notify the Master Servicer in a timely manner if the number of Certificateholders at any one time exceeds 300. The Master Servicer shall file any notice on Form 15 with the SEC Commission in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) Notwithstanding any other provision of this the Pooling and Servicing Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon the Depositor or any other Person with respect to (i1) the registration of the Certificates pursuant to the Securities Act, (ii2) the issuance or sale of the Certificates Certificates, or (iii3) compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement to update the registration statement or prospectus relating to the Certificates in order to render the same not materially misleading to investors. (d) In connection with the Master Servicer's preparation of any Form 15 or of any Periodic Report, the Certificate Registrar Trustee shall provide the Master Servicer it with such information as the Master Servicer which it may reasonably request concerning the number and identity of the Holders appearing on the Certificate RegisterRegister maintained by the Certificate Registrar, but the Certificate Registrar Trustee shall have no duty or obligation to provide information which does not appear on the Certificate Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder Holder of record.

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.05, the Master Servicer shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed delivered in a timely manner to the Trustee for its review and execution, such supplementary and periodic information, documents and reports (collectivelysuch information, documents or reports are referred to hereinafter as "Periodic Reports") as may be required pursuant to Section 12(g) or Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the rules and regulations of the SEC Securities and Exchange Commission (the "SEC") thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the The Master Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report it conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SEC. Saxon or the The Trustee shall execute all such Periodic Reports and Applications for Relief delivered as provided above and shall return the same to the Master Servicer for filing with the SEC and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalf. (b) Within 30 days after the beginning of the first fiscal year of the Trust during which the obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer shall prepare, or cause to be prepared, a notice on SEC Form 15 ("Form 15") and shall forward such notice to the Trustee for execution. The , whereupon the Trustee shall execute each Form 15 delivered as provided above and shall return the same executed Form 15 to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the Trustee's behalf; provided, however, that the Master Servicer shall be under no obligation to prepare such notice if the number of Certificateholders Securityholders exceeds 300. The Certificate Registrar Trustee shall notify the Master Servicer in a timely manner if the number of Certificateholders Securityholders at any one time exceeds 300. The Master Servicer shall file any notice on Form 15 with the SEC in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) . Notwithstanding any other provision of this Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon the Company or any other Person with respect to (i) the registration of the Certificates Securities pursuant to the Securities Act, (ii) the issuance or sale of the Certificates Securities, or (iii) compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement to update the registration statement or prospectus relating to the Certificates Securities in order to render the same not materially misleading to investors. (dc) In connection with the Master Servicer's preparation of any Form 15 or of any Periodic Report, the Certificate Registrar Trustee shall provide the Master Servicer it with such information as the Master Servicer which it may reasonably request concerning the number and identity of the Holders appearing on the Certificate RegisterSecurity Register maintained by the Trustee, but the Certificate Registrar Trustee shall have no duty or obligation to provide information which does not appear on the Certificate Security Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder Holder of record.

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.054.06, the Master Servicer shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed in a timely manner such supplementary and periodic information, documents and reports (collectivelysuch information, documents or reports are referred to hereinafter as "Periodic Reports") as may be required pursuant to Section 12(g) or Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the rules and regulations of the SEC Commission thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the Master The Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report it conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SECCommission. Saxon or the Trustee The Servicer is hereby authorized to and shall execute all such Periodic Reports and or Applications for Relief delivered as provided above on the Trustee's behalf and shall return file the same to the Master Servicer for filing with the SEC Commission and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalfTrust. (b) Within 30 days after the beginning of the first fiscal year of the any Trust during which the its obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer shall prepare, or cause to be prepared, a notice on SEC Commission Form 15 ("Form 15") and shall forward such notice is hereby authorized to the Trustee for execution. The Trustee shall execute each Form 15 delivered as provided above and shall return the same to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the related Trustee's behalf; provided, however, that the Master Servicer shall be under no obligation to prepare such notice if the number of Certificateholders exceeds 300. The Certificate Registrar shall notify the Master Servicer in a timely manner if the number of Certificateholders at any one time exceeds 300. The Master Servicer shall file any notice on Form 15 with the SEC Commission in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) Notwithstanding any other provision of this the Pooling and Servicing Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon the Company or any other Person with respect to (i1) the registration of the Certificates pursuant to the Securities Act, (ii2) the issuance or sale of the Certificates Certificates, or (iii3) compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement to update the registration statement or prospectus relating to the Certificates in order to render the same not materially misleading to investors. (d) In connection with the Master Servicer's preparation of any Form 15 or of any Periodic Report, the Certificate Registrar Trustee shall provide the Master Servicer it with such information as the Master Servicer which it may reasonably request concerning the number and identity of the Holders appearing on the Certificate RegisterRegister maintained by the Certificate Registrar, but the Certificate Registrar Trustee shall have no duty or obligation to provide information which does not appear on the Certificate Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder Holder of record.. ARTICLE V

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.054.06, the Master Servicer shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed in a timely manner such supplementary and periodic information, documents and reports (collectivelysuch information, documents or reports are referred to hereinafter as "Periodic Reports") as may be required pursuant to Section 12(g) or Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the rules and regulations of the SEC Commission thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the Master The Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report it conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SECCommission. Saxon or the Trustee The Servicer is hereby authorized to and shall execute all such Periodic Reports and or Applications for Relief delivered as provided above on the Trustee's behalf and shall return file the same to the Master Servicer for filing with the SEC Commission and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalfTrust. (b) Within 30 days after the beginning of the first fiscal year of the any Trust during which the its obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer shall prepare, or cause to be prepared, a notice on SEC Form 15 ("Form 15") and shall forward such notice to the Trustee for execution. The Trustee shall execute each Form 15 delivered as provided above and shall return the same to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the Trustee's behalf; provided, however, that the Master Servicer shall be under no obligation to prepare such notice if the number of Certificateholders exceeds 300. The Certificate Registrar shall notify the Master Servicer in a timely manner if the number of Certificateholders at any one time exceeds 300. The Master Servicer shall file any Form 15 with the SEC in accordance with the provisions of Rule 15d-6 under the Exchange Act.the (c) Notwithstanding any other provision of this the Pooling and Servicing Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon the Company or any other Person with respect to (i1) the registration of the Certificates pursuant to the Securities Act, (ii2) the issuance or sale of the Certificates Certificates, or (iii3) compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement to update the registration statement or prospectus relating to the Certificates in order to render the same not materially misleading to investors. (d) In connection with the Master Servicer's preparation of any Form 15 or of any Periodic Report, the Certificate Registrar Trustee shall provide the Master Servicer it with such information as the Master Servicer which it may reasonably request concerning the number and identity of the Holders appearing on the Certificate RegisterRegister maintained by the Certificate Registrar, but the Certificate Registrar Trustee shall have no duty or obligation to provide information which does not appear on the Certificate Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder Holder of record.

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.054.06, the Master Servicer shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed in a timely manner such supplementary and periodic information, documents and reports (collectivelysuch information, documents or reports are referred to hereinafter as "Periodic Reports") as may be required pursuant to Section 12(g) or Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the rules and regulations of the SEC Commission thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the Master The Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report it conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SECCommission. Saxon or the Trustee The Servicer is hereby authorized to and shall execute all such Periodic Reports and or Applications for Relief delivered as provided above on the Trustee's behalf and shall return file the same to the Master Servicer for filing with the SEC Commission and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalfTrust. (b) Within 30 days after the beginning of the first fiscal year of the any Trust during which the its obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer shall prepare, or cause to be prepared, a notice on SEC Commission Form 15 ("Form 15") and shall forward such notice is hereby authorized to the Trustee for execution. The Trustee shall execute each Form 15 delivered as provided above and shall return the same to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the related Trustee's behalf; providedPROVIDED, howeverHOWEVER, that the Master Servicer shall be under no obligation to prepare such notice if the number of Certificateholders exceeds 300. The Certificate Registrar shall notify the Master Servicer in a timely manner if the number of Certificateholders at any one time exceeds 300. The Master Servicer shall file any notice on Form 15 with the SEC Commission in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) Notwithstanding any other provision of this the Pooling and Servicing Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon the Company or any other Person with respect to (i1) the registration of the Certificates pursuant to the Securities Act, (ii2) the issuance or sale of the Certificates Certificates, or (iii3) compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement to update the registration statement or prospectus relating to the Certificates in order to render the same not materially misleading to investors. (d) In connection with the Master Servicer's preparation of any Form 15 or of any Periodic Report, the Certificate Registrar Trustee shall provide the Master Servicer it with such information as the Master Servicer which it may reasonably request concerning the number and identity of the Holders appearing on the Certificate RegisterRegister maintained by the Certificate Registrar, but the Certificate Registrar Trustee shall have no duty or obligation to provide information which does not appear on the Certificate Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder Holder of record.

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.05, the Master Servicer shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed delivered in a timely manner to the Trustee for its review and execution, such supplementary and periodic information, documents and reports (collectivelysuch information, documents or reports are referred to hereinafter as "Periodic Reports") as may be required pursuant to Section 12(g) or Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the rules and regulations of the SEC Securities and Exchange Commission (the "SEC") thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the The Master Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report it conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SEC. Saxon or the The Trustee shall execute all such Periodic Reports and Applications for Relief delivered as provided above and shall return the same to the Master Servicer for filing with the SEC and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalf. (b) Within 30 days after the beginning of the first fiscal year of the Trust during which the obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer shall prepare, or cause to be prepared, a notice on SEC Form 15 ("Form 15") and shall forward such notice to the Trustee for execution. The , whereupon the Trustee shall execute each Form 15 delivered as provided above and shall return the same executed Form 15 to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the Trustee's behalf; provided, however, that the Master Servicer shall be under no obligation to prepare such notice if the number of Certificateholders Securityholders exceeds 300. The Certificate Registrar Trustee shall notify the Master Servicer in a timely manner if the number of Certificateholders Securityholders at any one time exceeds 300. The Master Servicer shall file any notice on Form 15 with the SEC in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) Notwithstanding any other provision of this Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon the Company or any other Person with respect to (i) the registration of the Certificates Securities pursuant to the Securities Act, (ii) the issuance or sale of the Certificates Securities, or (iii) compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement to update the registration statement or prospectus relating to the Certificates Securities in order to render the same not materially misleading to investors. (d) In connection with the Master Servicer's preparation of any Form 15 or of any Periodic Report, the Certificate Registrar Trustee shall provide the Master Servicer it with such information as the Master Servicer which it may reasonably request concerning the number and identity of the Holders appearing on the Certificate RegisterSecurity Register maintained by the Trustee, but the Certificate Registrar Trustee shall have no duty or obligation to provide information which does not appear on the Certificate Security Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder Holder of record.

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.05below, the Master Servicer Company shall prepare or cause to be prepared, on behalf of the TrustTrust Fund, and shall file or cause to be filed delivered in a timely manner to the Trustee for its review and execution, such supplementary and periodic information, documents and reports (collectivelysuch information, documents or reports are referred to hereinafter as the "Periodic ReportsReport") as may be required pursuant to Section 12(g) or Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the rules and regulations of the SEC Securities and Exchange Commission (the "SEC") thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the Master Servicer The Company shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report it conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SEC. Saxon or the The Trustee (i) shall execute all such Periodic Reports and Applications for Relief delivered as provided above and shall return the same to the Master Servicer Administrator for filing with the SEC and other required filing offices, if any, on behalf of the Trust Fund or (ii) shall authorize the Master Servicer Company to execute any such Periodic Report or Application for Relief on the Trustee's behalf. The Company shall be deemed to be authorized by the Trustee to execute such Periodic Report or Application for Relief on the Trustee's behalf unless otherwise notified in writing by the Trustee. (b) Within 30 days after the beginning of the first fiscal year of the Trust Fund during which the obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer Company shall prepare, or cause to be prepared, a notice on SEC Form 15 ("Form 15") and shall forward such notice to the Trustee for execution. The , whereupon the Trustee shall execute each Form 15 delivered as provided above and shall return the same executed Form 15 to the Master Servicer for filing with the SEC on behalf of the Trust Company or shall authorize the Master Servicer Company to execute such Form 15 on the Trustee's behalf; provided, however, that the Master Servicer Company shall be under no obligation to prepare such notice if the number of Certificateholders exceeds 300. The Certificate Registrar Upon receipt of a written request from the Company, the Trustee shall notify the Master Servicer in a timely manner if Company as to the number of Certificateholders at any one time exceeds 300shown on the Certificate Register. The Master Servicer Company shall file any notice on Form 15 with the SEC in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) Notwithstanding any other provision of this Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon the Company or any other Person with respect to (i1) the registration of the Certificates pursuant to the Securities Act of 1933, as amended (the "Securities Act"), (ii2) the issuance or sale of the Certificates Certificates, or (iii3) compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement requirements to update the registration statement or prospectus relating to the Certificates in order to render the same not materially misleading to investors. (d) In connection with the Master ServicerCompany's preparation of any Form 15 or of any Periodic Report, the Certificate Registrar Trustee shall provide the Master Servicer it with such information as the Master Servicer which it may reasonably request concerning the number and identity of the Holders appearing on the Certificate Register, but Register maintained by the Certificate Registrar Registrar, but, other than in respect of Depository Participants, the Trustee shall have no duty or obligation to provide information which does not appear on the Certificate Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder Holder of record.

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.054.06, the Master Servicer shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed in a timely manner such supplementary and periodic information, documents and reports (collectivelysuch information, "documents or reports are referred to hereinafter as “Periodic Reports"”) as may be required pursuant to Section 12(g) or Section 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), by the rules and regulations of the SEC Commission thereunder or as a condition to approval of any application for relief ("“Application for Relief"”) hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the The Master Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report it conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SECCommission. Saxon or the Trustee The Master Servicer is hereby authorized to and shall execute all such Periodic Reports and or Applications for Relief delivered as provided above on the Trustee’s behalf and shall return file the same to the Master Servicer for filing with the SEC Commission and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalfTrust. (b) Within 30 days after the beginning of the first fiscal year of the any Trust during which the its obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer shall prepare, or cause to be prepared, a notice on SEC Commission Form 15 ("“Form 15"”) and shall forward such notice is hereby authorized to the Trustee for execution. The Trustee shall execute each Form 15 delivered as provided above and shall return the same to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the related Trustee's ’s behalf; provided, however, that the Master Servicer shall be under no obligation to prepare such notice if the number of Certificateholders exceeds 300. The Certificate Registrar shall notify the Master Servicer in a timely manner if the number of Certificateholders at any one time exceeds 300. The Master Servicer shall file any notice on Form 15 with the SEC Commission in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) Notwithstanding any other provision of this the Pooling and Servicing Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon the Depositor or any other Person with respect to (i1) the registration of the Certificates pursuant to the Securities Act, (ii2) the issuance or sale of the Certificates Certificates, or (iii3) compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement to update the registration statement or prospectus relating to the Certificates in order to render the same not materially misleading to investors. (d) In connection with the Master Servicer's ’s preparation of any Form 15 or of any Periodic Report, the Certificate Registrar Trustee shall provide the Master Servicer it with such information as the Master Servicer which it may reasonably request concerning the number and identity of the Holders appearing on the Certificate RegisterRegister maintained by the Certificate Registrar, but the Certificate Registrar Trustee shall have no duty or obligation to provide information which does not appear on the Certificate Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder Holder of record.

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.054.06, the Master Servicer shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed in a timely manner such supplementary and periodic information, documents and reports (collectivelysuch information, documents or reports are referred to hereinafter as "Periodic Reports") as may be required pursuant to Section 12(g) or Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the rules and regulations of the SEC Commission thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the Master The Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report it conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SECCommission. Saxon or the Trustee The Servicer is hereby authorized to and shall execute all such Periodic Reports and or Applications for Relief delivered as provided above on the Trustee's behalf and shall return file the same to the Master Servicer for filing with the SEC Commission and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalfTrust. (b) Within 30 days after the beginning of the first fiscal year of the any Trust during which the its obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer shall prepare, or cause to be prepared, a notice on SEC Commission Form 15 ("Form 15") and shall forward such notice is hereby authorized to the Trustee for execution. The Trustee shall execute each Form 15 delivered as provided above and shall return the same to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the related Trustee's behalf; provided, however, that the Master Servicer shall be under no obligation to prepare such notice if the number of Certificateholders exceeds 300. The Certificate Registrar shall notify the Master Servicer in a timely manner if the number of Certificateholders at any one time exceeds 300. The Master Servicer shall file any notice on Form 15 with the SEC Commission in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) Notwithstanding any other provision of this the Pooling and Servicing Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon OMI or any other Person with respect to (i1) the registration of the Certificates pursuant to the Securities Act, (ii2) the issuance or sale of the Certificates Certificates, or (iii3) compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement to update the registration statement or prospectus relating to the Certificates in order to render the same not materially misleading to investors. (d) In connection with the Master Servicer's preparation of any Form 15 or any Periodic Report, the Certificate Registrar shall provide the Master Servicer with such information as the Master Servicer may reasonably request concerning the number and identity of the Holders appearing on the Certificate Register, but the Certificate Registrar shall have no duty or obligation to provide information which does not appear on the Certificate Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder of record.

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.054.06, the Master Servicer shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed in a timely manner such supplementary and periodic information, documents and reports (collectivelysuch information, documents or reports are referred to hereinafter as "Periodic Reports") as may be required pursuant to Section 12(g) or Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the rules and regulations of the SEC Commission thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the Master The Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report it conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SECCommission. Saxon or the Trustee The Servicer is hereby authorized to and shall execute all such Periodic Reports and or Applications for Relief delivered as provided above on the Trustee's behalf and shall return file the same to the Master Servicer for filing with the SEC Commission and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalfTrust. (b) Within 30 days after the beginning of the first fiscal year of the any Trust during which the its obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer shall prepare, or cause to be prepared, a notice on SEC Commission Form 15 ("Form 15") and shall forward such notice is hereby authorized to the Trustee for execution. The Trustee shall execute each Form 15 delivered as provided above and shall return the same to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the related Trustee's behalf; provided, however, that the Master Servicer shall be under no obligation to prepare such notice if the number of Certificateholders exceeds 300. The Certificate Registrar shall notify the Master Servicer in a timely manner if the number of Certificateholders at any one time exceeds 300. The Master Servicer shall file any notice on Form 15 with the SEC Commission in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) Notwithstanding any other provision of this the Pooling and Servicing Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon OMI or any other Person with respect to (i1) the registration of the Certificates pursuant to the Securities Act, (ii2) the issuance or sale of the Certificates Certificates, or (iii3) compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement to update the registration statement or prospectus relating to the Certificates in order to render the same not materially misleading to investors. (d) In connection with the Master Servicer's preparation of any Form 15 or of any Periodic Report, the Certificate Registrar Trustee shall provide the Master Servicer it with such information as the Master Servicer which it may reasonably request concerning the number and identity of the Holders appearing on the Certificate RegisterRegister maintained by the Certificate Registrar, but the Certificate Registrar Trustee shall have no duty or obligation to provide information which does not appear on the Certificate Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder Holder of record.

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.054.06, the Master Servicer shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed in a timely manner such supplementary and periodic information, documents and reports (collectivelysuch information, documents or reports are referred to hereinafter as "Periodic Reports") as may be required pursuant to Section 12(g) or Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the rules and regulations of the SEC Commission thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the Master The Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report it conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SECCommission. Saxon or the Trustee The Servicer is hereby authorized to and shall execute all such Periodic Reports and or Applications for Relief delivered as provided above on the Trustee's behalf and shall return file the same to the Master Servicer for filing with the SEC Commission and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalfTrust. (b) Within 30 days after the beginning of the first fiscal year of the any Trust during which the its obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer shall prepare, or cause to be prepared, a notice on SEC Commission Form 15 ("Form 15") and shall forward such notice is hereby authorized to the Trustee for execution. The Trustee shall execute each Form 15 delivered as provided above and shall return the same to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the related Trustee's behalf; provided, however, that the Master Servicer shall be under no obligation to prepare such notice if the number of Certificateholders exceeds 300. The Certificate Registrar shall notify the Master Servicer in a timely manner if the number of Certificateholders at any one time exceeds 300. The Master Servicer shall file any notice on Form 15 with the SEC Commission in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) Notwithstanding any other provision of this the Pooling and Servicing Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon the Company or any other Person with respect to (i1) the registration of the Certificates pursuant to the Securities Act, (ii2) the issuance or sale of the Certificates Certificates, or (iii3) compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement to update the registration statement or prospectus relating to the Certificates in order to render the same not materially misleading to investors. (d) In connection with the Master Servicer's preparation of any Form 15 or of any Periodic Report, the Certificate Registrar Trustee shall provide the Master Servicer it with such information as the Master Servicer which it may reasonably request concerning the number and identity of the Holders appearing on the Certificate RegisterRegister maintained by the Certificate Registrar, but the Certificate Registrar Trustee shall have no duty or obligation to provide information which does not appear on the Certificate Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder Holder of record.. THE POOLING INTERESTS AND THE CERTIFICATES

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.054.04, the Master Servicer Trustee shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed in a timely manner such supplementary and periodic information, documents and reports (collectivelysuch information, documents or reports are referred to hereinafter as "Periodic Reports") as may be required pursuant to Section 12(g) or Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the rules and regulations of the SEC Securities and Exchange Commission (the "SEC") thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the Master Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SEC. Saxon or the The Trustee shall execute all such Periodic Reports and Applications for Relief delivered as provided above and shall return file the same to the Master Servicer for filing with the SEC and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalfTrust. (b) Within 30 days after the beginning of the first fiscal year of the Trust during which the obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer Trustee shall prepare, or cause to be prepared, a notice on SEC Form 15 ("Form 15") and shall forward such notice to the Trustee for execution. The Trustee shall execute each Form 15 delivered as provided above and shall return the same to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the Trustee's behalf); provided, however, that the Master Servicer Trustee shall be under no obligation to prepare such notice if the number of Certificateholders exceeds 300[750]. The Certificate Registrar shall notify the Master Servicer in a timely manner if the number of Certificateholders at any one time exceeds 300. The Master Servicer Trustee shall file any notice on Form 15 with the SEC in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) Notwithstanding any other provision of this Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon the Depositor or any other Person with respect to (i) the registration of the Certificates pursuant to the Securities Act, (ii) the issuance or sale of the Certificates Certificates, or (iii) compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement to update the registration statement or prospectus relating to the Certificates in order to render the same not materially misleading to investors. (d) In connection with the Master Servicer's preparation of any Form 15 or any Periodic Report, the Certificate Registrar shall provide the Master Servicer with such information as the Master Servicer may reasonably request concerning the number and identity of the Holders appearing on the Certificate Register, but the Certificate Registrar shall have no duty or obligation to provide information which does not appear on the Certificate Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder of record.

Preparation of Regulatory Reports. (a) Subject to the provisions of subsections (b) and (c) of this Section 4.054.06, the Master Servicer shall prepare or cause to be prepared, on behalf of the Trust, and shall file or cause to be filed in a timely manner such supplementary and periodic information, documents and reports (collectivelysuch information, "Periodic Reports") as may be required pursuant to Section 12(g) documents or Section 15(d) of the Exchange Act, by the rules and regulations of the SEC thereunder or as a condition to approval of any application for relief ("Application for Relief") hereinafter reports are referred to and, in connection therewith, shall prepare such applications and requests for exemption and other relief from such provisions as it may deem appropriate. If any Periodic Report is required to be signed by Saxon or the Trustee rather than by the Master Servicer, the Master Servicer shall be deemed to certify as to each Periodic Report delivered to Saxon or the Trustee for its review and execution that such Periodic Report conforms in all material respects to applicable reporting requirements imposed by the Exchange Act or is otherwise in form and content appropriate for filing with the SEC. Saxon or the Trustee shall execute all such Periodic Reports and Applications for Relief delivered as provided above and shall return the same to the Master Servicer for filing with the SEC and other required filing offices, if any, on behalf of the Trust or shall authorize the Master Servicer to execute any such Periodic Report or Application for Relief on the Trustee's behalf.to (b) Within 30 days after the beginning of the first fiscal year of the any Trust during which the its obligation to file Periodic Reports pursuant to the Exchange Act shall have been suspended, the Master Servicer shall prepare, or cause to be prepared, a notice on SEC Commission Form 15 ("Form 15") and shall forward such notice is hereby authorized to the Trustee for execution. The Trustee shall execute each Form 15 delivered as provided above and shall return the same to the Master Servicer for filing with the SEC on behalf of the Trust or shall authorize the Master Servicer to execute such Form 15 on the related Trustee's behalf; provided, however, that the Master Servicer shall be under no obligation to prepare such notice if the number of Certificateholders exceeds 300. The Certificate Registrar shall notify the Master Servicer in a timely manner if the number of Certificateholders at any one time exceeds 300. The Master Servicer shall file any notice on Form 15 with the SEC Commission in accordance with the provisions of Rule 15d-6 under the Exchange Act. (c) Notwithstanding any other provision of this the Pooling and Servicing Agreement, none of the Master Servicer, the Certificate Registrar, the Paying Agent, or the Trustee has not assumed, and shall not by its performance hereunder be deemed to have assumed, any of the duties or obligations of Saxon the Company or any other Person with respect to (i1) the registration of the Certificates pursuant to the Securities Act, (ii2) the issuance or sale of the Certificates Certificates, or (iii3) compliance with the provisions of the Securities Act, the Exchange Act Act, or any applicable federal or state securities or other laws, laws including, but not limited towithout limitation, any requirement to update the registration statement or prospectus relating to the Certificates in order to render the same not materially misleading to investors. (d) In connection with the Master Servicer's preparation of any Form 15 or of any Periodic Report, the Certificate Registrar Trustee shall provide the Master Servicer it with such information as the Master Servicer which it may reasonably request concerning the number and identity of the Holders appearing on the Certificate RegisterRegister maintained by the Certificate Registrar, but the Certificate Registrar Trustee shall have no duty or obligation to provide information which does not appear on the Certificate Register, including any information concerning the ownership of Persons for whom a nominee is the Certificateholder Holder of record.. THE POOLING INTERESTS AND THE CERTIFICATES