Common use of Preparation of Tax Returns and Other Reports Clause in Contracts

Preparation of Tax Returns and Other Reports. (a) The Trustee shall prepare or cause to be prepared on behalf of the Trust Fund, based upon information calculated in accordance with this Agreement pursuant to instructions given by the Depositor, and the Trustee shall file federal tax returns, all in accordance with Article X hereof. If the Depositor notifies the Trustee in writing or the Trustee otherwise has knowledge that a state tax return or other return is required, then, at the sole expense of the Trust Fund, the Trustee shall prepare and file such state income tax returns and such other returns as may be required by applicable law relating to the Trust Fund, and, if required by state law, and shall file any other documents to the extent required by applicable state tax law (to the extent such documents are in the Trustee's possession). The Trustee shall forward copies to the Depositor of all such returns and Form 1099 supplemental tax information and such other information within the control of the Trustee as the Depositor may reasonably request in writing, and shall distribute to each Certificateholder such forms and furnish such information within the control of the Trustee as are required by the Code and the REMIC Provisions to be furnished to them, and will prepare and distribute to Certificateholders Form 1099 (supplemental tax information) (or otherwise furnish information within the control of the Trustee) to the extent required by applicable law.

Appears in 3 contracts

Samples: Custodial Agreement (Sequoia Residential Funding Inc), Pooling and Servicing Agreement (Sequoia Residential Funding Inc), Custodial Agreement (Merrill Lynch Mortgage Investors Inc)

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Preparation of Tax Returns and Other Reports. (a) The Trustee shall prepare or cause to be prepared on behalf of the Trust Fund, based upon information calculated in accordance with this Agreement pursuant to instructions given by the Depositor, and the Trustee shall file federal tax returns, all in accordance with Article X IX hereof. If the Depositor notifies the Trustee is notified in writing or the Trustee otherwise has knowledge that a state tax return or other return is required, then, at the sole expense of the Trust Fund, the Trustee shall prepare and file such state income tax returns and such other returns as may be required by applicable law relating to the Trust Fund, and, if required by state law, and shall file any other documents to the extent required by applicable state tax law (to the extent such documents are in the Trustee's ’s possession). The Trustee shall forward copies to the Depositor of all such returns and Form 1099 supplemental tax information and such other information within the control of the Trustee as the Depositor may reasonably request in writing, and shall distribute to each Certificateholder such forms and furnish such information within the control of the Trustee as are required by the Code and the REMIC Provisions to be furnished to them, and will prepare and distribute to Certificateholders Form 1099 (supplemental tax information) (or otherwise furnish information within the control of the Trustee) to the extent required by applicable law.

Appears in 2 contracts

Samples: Pooling Agreement (Sequoia Mortgage Trust 2010-H1), Pooling Agreement (Sequoia Mortgage Trust 2010-H1)

Preparation of Tax Returns and Other Reports. (a) The Trustee Master Servicer shall prepare or cause to be prepared on behalf of the Trust Fund, based upon information calculated in accordance with this Agreement pursuant to instructions given by the Depositor, and the Trustee shall file file, federal tax returns, all in accordance with Article X hereof. If the Depositor notifies the Trustee in writing or the Trustee otherwise has knowledge that a state tax return or other return is required, then, at the sole expense of the Trust Fund, the Trustee shall prepare returns and file such appropriate state income tax returns and such other returns as may be required by applicable law relating to the Trust Fund, and, if required by state law, and shall file any other documents to the extent required by applicable state tax law (to the extent such documents are in the Trustee's possession). The Trustee shall forward copies to the Depositor of all such returns and Form 1099 supplemental tax information and such other information within the control of the Trustee as the Depositor may reasonably request in writing, and shall distribute forward to each Certificateholder such forms and furnish such information within the control of the Trustee as are required by the Code and the REMIC Provisions to be furnished to them, and the Master Servicer or the Trustee will prepare, to the extent that they are familiar with applicable state requirements, and the Trustee will file, annual reports (other than tax returns), if any, required by applicable state authorities, will file copies of this Agreement with the appropriate state authorities as may be required by applicable law, and will prepare and distribute disseminate to Certificateholders Form 1099 (supplemental tax information) (or otherwise furnish information within the control of the Trustee) to the extent required by applicable law. The Master Servicer will indemnify the Trustee for any liability of or assessment against the Trustee resulting from any error in any of such tax or information returns resulting from errors in the information provided by such Master Servicer (other than any such information that is derived solely from information provided by the Servicer).

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cer Se 1999-Bc2)

Preparation of Tax Returns and Other Reports. (a) The Trustee Securities Administrator shall prepare or cause to be prepared on behalf of the Trust Fund, based upon information calculated in accordance with this Agreement pursuant to instructions given by the Depositor, and the Trustee Securities Administrator shall file federal tax returns, all in accordance with Article X hereof. If the Depositor notifies the Trustee Securities Administrator is notified in writing or the Trustee otherwise has knowledge that a state tax return or other return is required, then, at the sole expense of the Trust Fund, the Trustee Securities Administrator shall prepare and file such state income tax returns and such other returns as may be required by applicable law relating to the Trust Fund, and, if required by state law, and shall file any other documents to the extent required by applicable state tax law (to the extent such documents are in the TrusteeSecurities Administrator's possession). The Trustee Securities Administrator shall forward copies to the Depositor of all such returns and Form 1099 supplemental tax information and such other information within the control of the Trustee Securities Administrator as the Depositor may reasonably request in writing, and shall distribute forward to each Certificateholder such forms and furnish such information within the control of the Trustee Securities Administrator as are required by the Code and the REMIC Provisions to be furnished to them, and will prepare and distribute forward to Certificateholders Form 1099 (supplemental tax information) (or otherwise furnish information within the control of the TrusteeSecurities Administrator) to the extent required by applicable law.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2004-3)

Preparation of Tax Returns and Other Reports. (a) The Trustee shall prepare in accordance with the provisions of Article X or cause to be prepared on behalf of the Trust Fund, based upon information calculated in accordance with this Agreement pursuant to instructions given by the Depositor, the Guarantor and the Trustee shall file file, federal tax returns, all in accordance with Article X hereof. If the Depositor notifies the Trustee in writing or the Trustee otherwise has knowledge that a state tax return or other return is required, then, at the sole expense of the Trust Fund, the Trustee shall prepare returns and file such appropriate state income tax returns and such other returns as may be required by applicable law relating to the Trust Fund, and, if required by state law, and shall file any other documents to the extent required by applicable state tax law (to the extent such documents are in the Trustee's possession). The Trustee shall forward copies to the Depositor and the Guarantor of all such returns and Form 1099 supplemental tax information and such other information within the control of the Trustee as the Depositor or the Guarantor may reasonably request in writing, and shall distribute forward to each Certificateholder such forms and furnish such information within the control of the Trustee as are required by the Code and the REMIC Provisions to be furnished to them, and the Trustee will prepare, to the extent that it is familiar with applicable state requirements, and the Trustee will file, annual reports (other than tax returns), if any, required by applicable state authorities, will file copies of this Agreement with the appropriate state authorities as may be required by applicable law, and will prepare and distribute disseminate to Certificateholders Form 1099 (supplemental tax information) (or otherwise furnish information within the control of the Trustee) to the extent required by applicable law. The Trustee will indemnify the Trust for any liability of or assessment against the Trust resulting from any error in any of such tax or information returns resulting from errors in the information provided by such Trustee (other than any such information that is delivered solely from information provided by the Servicer).

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Securities Corp Mor Pas THR Cer Sr 2001-Bc4)

Preparation of Tax Returns and Other Reports. (a) The Trustee Securities Administrator shall prepare or cause to be prepared on behalf of the Trust Fund, based upon information calculated in accordance with this Agreement pursuant to instructions given by the Depositor, and the Trustee Securities Administrator shall file federal tax returns, all in accordance with Article X hereof. If the Depositor notifies the Trustee Securities Administrator is notified in writing or the Trustee otherwise has knowledge that a state tax return or other return is required, then, at the sole expense of the Trust Fund, the Trustee Securities Administrator shall prepare and file such state income tax returns and such other returns as may be required by applicable law relating to the Trust Fund, and, if required by state law, and shall file any other documents to the extent required by applicable state tax law (to the extent such documents are in the TrusteeSecurities Administrator's possession). The Trustee Securities Administrator shall forward copies to the Depositor of all such returns and Form 1099 supplemental tax information and such other information within the control of the Trustee Securities Administrator as the Depositor may reasonably request in writing, and shall distribute forward to each Certificateholder such forms and furnish such information within the control of the Trustee Securities Administrator as are required by the Code and the REMIC Provisions to be furnished to them, and will prepare and distribute forward to Certificateholders Form 1099 (supplemental tax information) (or otherwise furnish information within the control of the TrusteeSecurities Administrator) to the extent required by applicable law.extent

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-9ar)

Preparation of Tax Returns and Other Reports. (a) The Trustee Master Servicer shall prepare in accordance with the provisions of Article X or cause to be prepared on behalf of the Trust Fund, based upon information calculated in accordance with this Agreement pursuant to instructions given by the Depositor, and the Trustee shall file file, federal tax returns, all in accordance with Article X hereof. If the Depositor notifies the Trustee in writing or the Trustee otherwise has knowledge that a state tax return or other return is required, then, at the sole expense of the Trust Fund, the Trustee shall prepare returns and file such appropriate state income tax returns and such other returns as may be required by applicable law relating to the Trust Fund, and, if required by state law, and shall file any other documents to the extent required by applicable state tax law (to the extent such documents are in the Trustee's possession). The Trustee shall forward copies to the Depositor of all such returns and Form 1099 supplemental tax information and such other information within the control of the Trustee as the Depositor may reasonably request in writing, and shall distribute forward to each Certificateholder such forms and furnish such information within the control of the Trustee as are required by the Code and the REMIC Provisions to be furnished to them, and the Master Servicer will prepare, to the extent that they are familiar with applicable state requirements, and the Trustee will file, annual reports (other than tax returns), if any, as directed by the Master Servicer, and will file copies of this Agreement with the appropriate state authorities as may be required by applicable law, and will prepare and distribute disseminate to Certificateholders Form 1099 (supplemental tax information) (or otherwise furnish information within the control of the Trustee) to the extent required by applicable law. The Master Servicer will indemnify the Trustee on behalf of the Certificateholders for any liability of or assessment against the Trust Fund resulting from any error in any of such tax or information returns resulting from errors in the information provided by such Master Servicer (other than any such information that is delivered solely from information provided by a Servicer).

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Securities Corp Mort Pas THR Ce Se 2001-Bc3)

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Preparation of Tax Returns and Other Reports. (a) The Trustee Master Servicer shall prepare in accordance with the provisions of Article X, or cause to be prepared on behalf of the Trust Fund, based upon information calculated in accordance with this Agreement pursuant to instructions given by the Depositor, and the Trustee shall file file, federal tax returns, all in accordance with Article X hereof. If the Depositor notifies the Trustee in writing or the Trustee otherwise has knowledge that a state tax return or other return is required, then, at the sole expense of the Trust Fund, the Trustee shall prepare returns and file such appropriate state income tax returns and such other returns as may be required by applicable law relating to the Trust Fund, and, if required by state law, and shall file any other documents to the extent required by applicable state tax law (to the extent such documents are in the Trustee's possession). The Trustee shall forward copies to the Depositor of all such returns and Form 1099 supplemental tax information and such other information within the control of the Trustee as the Depositor may reasonably request in writing, and shall distribute forward to each Certificateholder such forms and furnish such information within the control of the Trustee as are required by the Code and the REMIC Provisions to be furnished to them, and the Master Servicer or the Trustee will prepare, to the extent that they are familiar with applicable state requirements, and the Trustee will file, annual reports (other than tax returns), if any, required by applicable state authorities, will file copies of this Agreement with the appropriate state authorities as may be required by applicable law, and will prepare and distribute disseminate to Certificateholders Form 1099 (supplemental tax information) (or otherwise furnish information within the control of the Trustee) to the extent required by applicable law. The Master Servicer will indemnify the Trustee for any liability of or assessment against the Trustee resulting from any error in any of such tax or information returns resulting from errors in the information provided by such Master Servicer (other than any such information that is derived solely from information provided by a Servicer).

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Securities Corp Mo Pa Th Ce Se 2000-Bc1)

Preparation of Tax Returns and Other Reports. (a) The Trustee shall prepare or cause to be prepared on behalf of the Trust Fund, based upon information calculated in accordance with this Agreement pursuant to instructions given by the Depositor, and the Trustee shall file federal tax returns, all in accordance with Article X hereof. If the Depositor notifies the Trustee in writing or the Trustee otherwise has knowledge that a state tax return or other return is required, then, at the sole expense of the Trust Fund, the Trustee shall prepare and file such state income tax returns and such other returns as may be required by applicable law relating to the Trust Fund, and, if required by state law, and shall file any other documents to the extent required by applicable state tax law (to the extent such documents are in the Trustee's possession). The Trustee shall forward copies to the Depositor of all such returns and Form 1099 supplemental tax information and such other information within the control of the Trustee as the Depositor may reasonably request in writing, and shall distribute to each Certificateholder such forms and furnish such information within the control of the Trustee as are required by the Code and the REMIC Provisions to be furnished to them, and will prepare and distribute to Certificateholders Form 1099 (supplemental tax information) (or otherwise furnish information within the control of the Trustee) to the extent required by applicable law. The Trustee shall prepare and provide to such Persons as may be required by applicable law all information returns required with respect to payments made from the Basis Risk Reserve Fund.

Appears in 1 contract

Samples: Custodial Agreement (Merrill Lynch Mortgage Investors Inc)

Preparation of Tax Returns and Other Reports. (a) The Trustee Master Servicer shall prepare or cause to be prepared on behalf of the Trust Fund, based upon information calculated in accordance with this Agreement pursuant to instructions given by the Depositor, and the Trustee shall file file, federal tax returns, all in accordance with Article X hereof. If the Depositor notifies the Trustee in writing or the Trustee otherwise has knowledge that a state tax return or other return is required, then, at the sole expense of the Trust Fund, the Trustee shall prepare returns and file such appropriate state income tax returns and such other returns as may be required by applicable law relating to the Trust Fund, and, if required by state law, and shall file any other documents to the extent required by applicable state tax law (to the extent such documents are in the Trustee's possession). The Trustee shall forward copies to the Depositor of all such returns and Form 1099 supplemental tax information and such other information within the control of the Trustee as the Depositor may reasonably request in writing, and shall distribute forward to each Certificateholder such forms and furnish such information within the control of the Trustee as are required by the Code and the REMIC Provisions to be furnished to them, and the Master Servicer or the Trustee will prepare, to the extent that they are familiar with applicable state requirements, and the Trustee will file, annual reports (other than tax returns), if any, required by applicable state authorities, will file copies of this Agreement with the appropriate state authorities as may be required by applicable law, and will prepare and distribute disseminate to Certificateholders Form 1099 (supplemental tax information) (or otherwise furnish information within the control of the Trustee) to the extent required by applicable law. The Master Servicer will indemnify the Trustee for any liability of or assessment against the Trustee resulting from any error in any of such tax or information returns resulting from errors in the information provided by such Master Servicer (other than any such information that is derived solely from information provided by a Servicer).

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pas THR Cert Ser 1999-Bc1)

Preparation of Tax Returns and Other Reports. (a) The Trustee shall prepare in accordance with the provisions of Article X, or cause to be prepared on behalf of the Trust Fund, based upon information calculated in accordance with this Agreement pursuant to instructions given by the Depositor, and the Trustee shall file file, federal tax returns, all in accordance with Article X hereof. If the Depositor notifies the Trustee in writing or the Trustee otherwise has knowledge that a state tax return or other return is required, then, at the sole expense of the Trust Fund, the Trustee shall prepare returns and file such appropriate state income tax returns and such other returns as may be required by applicable law (of which the Trustee has knowledge of) relating to the Trust Fund, and, if required by state law, and shall file any other documents to the extent required by applicable state tax law (to the extent such documents are in the Trustee's possession). The Trustee shall forward copies to the Depositor of all such returns and Form 1099 supplemental tax information and such other information within the control of the Trustee as the Depositor may reasonably request in writing, and shall distribute forward to each Certificateholder such forms and furnish such information within the control of the Trustee as are required by the Code and the REMIC FASIT Provisions to be furnished to them, and will prepare, to the extent that they have knowledge of applicable state requirements, and will file, annual reports (other than tax returns), if any, required by applicable state authorities, will file copies of this Agreement with the appropriate state authorities as may be required by applicable law, and will prepare and distribute disseminate to Certificateholders Form 1099 (supplemental tax information) (or otherwise furnish information within the control of the Trustee) to the extent required by applicable law.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Sec Corp Pass Through Cert Series 2002-Al1)

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