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.

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.

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.