Common use of Pursuant to Section 5 Clause in Contracts

Pursuant to Section 5. 2 of the Master Seller's Warranties and Servicing Agreement, the Servicer has agreed to provide monthly information reports to the Securities Administrator. The Servicer shall deliver to the Securities Administrator, on a monthly basis, no later than each Remittance Advice Date a monthly remittance advice statement containing the information required by the Securities Administrator to calculate and provide the reports required by Section 4.02(a) as to the accompanying remittance and the period ending on the close of business on the last Business Day of the immediately preceding month (or the last day of the Due Period, as applicable) (the "Servicer Remittance Report"). On an on-going basis, the Securities Administrator may reasonably request the Servicer to provide additional information to be included in subsequent Servicer Remittance Reports. On the Closing Date, the Depositor shall request the Servicer to furnish an individual loan accounting report, as of the last day of the Due Period of each month, to document Mortgage Loan payment activity on an individual Mortgage Loan basis. With respect to each month, the Depositor shall request the Servicer to furnish the corresponding individual loan accounting report (in electronic format) to be received by the Securities Administrator no later than the Remittance Advice Date, which report shall contain the following: (i) with respect to each Monthly Payment, the amount of such remittance allocable to principal (including a separate breakdown of any Principal Prepayment, including the date of such prepayment, and any Prepayment Premiums, along with a detailed report of interest on principal prepayment amounts remitted in accordance with the Master Seller's Warranties and Servicing Agreement); (ii) with respect to each Monthly Payment, the amount of such remittance allocable to interest; (iii) the individual and aggregate Stated Principal Balance of the Mortgage Loans; (iv) the aggregate of any expenses reimbursed to the Servicer during the prior distribution period pursuant to the Master Seller's Warranties and Servicing Agreement; (v) the number and aggregate outstanding principal balances of Mortgage Loans (a) delinquent (1) 31 to 60 days, (2) 61 to 90 days, or (3) 91 days or more; (b) as to which foreclosure has commenced; and (c) as to which REO Property has been acquired; and (vi) any other information reasonably required by the Securities Administrator to enable it to prepare the monthly statements referred to in Section 4.02(a).

Appears in 3 contracts

Samples: Trust Agreement (GSAA Home Equity Trust 2005-3), Trust Agreement (GSAA Home Equity Trust 2005-3), Trust Agreement (GSAA Home Equity Trust 2005-3)

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Pursuant to Section 5. 2 02 of the Master Seller's Warranties Sale and Servicing Agreement, the Servicer has agreed to provide monthly information reports to the Securities AdministratorTrustee. The On the Closing Date, the Trustee shall request the Servicer shall deliver to the Securities Administratordeliver, on a monthly basis, no later than each Remittance Advice Date a monthly remittance advice statement containing the information required by the Securities Administrator Trustee to calculate and provide the reports required by Section 4.02(a) as to the accompanying remittance and the period ending on the close of business on the last Business Day of the immediately preceding month (or the last day of the Due Period, as applicable) (the "Servicer Remittance Report"). On an a on-going basis, the Securities Administrator Trustee may reasonably request the Servicer to provide additional information to be included in subsequent Servicer Remittance Reports. On the Closing Date, the Depositor Trustee shall request the Servicer to furnish an individual loan accounting report, as of the last day of the Due Period of each month, to document Mortgage Loan payment activity on an individual Mortgage Loan basis. With respect to each month, the Depositor Trustee shall request the Servicer to furnish the corresponding individual loan accounting report (in electronic format) to be received by the Securities Administrator Trustee no later than the Remittance Advice Date, which report shall contain the following: (i) with respect to each Monthly Payment, the amount of such remittance allocable to principal (including a separate breakdown of any Principal Prepayment, including the date of such prepayment, and any Prepayment Premiums, along with a detailed report of interest on principal prepayment amounts remitted in accordance with the Master Seller's Warranties Sale and Servicing Agreement); (ii) with respect to each Monthly Payment, the amount of such remittance allocable to interest; (iii) the amount of servicing compensation received by the Servicer during the prior distribution period; (iv) the individual and aggregate Stated Principal Balance of the Mortgage Loans; (ivv) the aggregate of any expenses reimbursed to the Servicer during the prior distribution period pursuant to the Master Seller's Warranties Sale and Servicing Agreement;; and (vvi) the number and aggregate outstanding principal balances of Mortgage Loans (a) delinquent (1) 31 to 60 days, (2) 61 to 90 days, or (3) 91 days or more; (b) as to which foreclosure has commenced; and (c) as to which REO Property has been acquired; and (vi) any other information reasonably required by the Securities Administrator to enable it to prepare the monthly statements referred to in Section 4.02(a).

Appears in 2 contracts

Samples: Trust Agreement (Gs Mortgage Securities Corp Mort Pas THR Cert Se 2002 Wf), Trust Agreement (Gs Mortgage Securities Corp Mort Pas THR Cert Se 2002 Wf)

Pursuant to Section 5. 2 of the Master Seller's Warranties and Servicing Agreement, the Servicer has agreed to provide monthly information reports to the Securities Administrator. The Servicer shall deliver to the Securities Administrator, on a monthly basis, no later than each Remittance Advice Date a monthly remittance advice statement containing the information required by the Securities Administrator to calculate and provide the reports required by Section 4.02(a) as to the accompanying remittance and the period ending on the close of business on the last Business Day of the immediately preceding month (or the last day of the Due Period, as applicable) (the "Servicer Remittance Report"). On an on-going ongoing basis, the Securities Administrator may reasonably request the Servicer to provide additional information to be included in subsequent Servicer Remittance Reports. On the Closing Date, the Depositor shall request the Servicer to furnish an individual loan accounting report, as of the last day of the Due Period of each month, to document Mortgage Loan payment activity on an individual Mortgage Loan basis. With respect to each month, the Depositor shall request the Servicer to furnish the corresponding individual loan accounting report (in electronic format) to be received by the Securities Administrator no later than the Remittance Advice Date, which report shall contain the following: (i) with respect to each Monthly Payment, the amount of such remittance allocable to principal (including a separate breakdown of any Principal Prepayment, including the date of such prepayment, and any Prepayment Premiums, along with a detailed report of interest on principal prepayment amounts remitted in accordance with the Master Seller's Warranties and Servicing Agreement); (ii) with respect to each Monthly Payment, the amount of such remittance allocable to interest; (iii) the individual and aggregate Stated Principal Balance of the Mortgage Loans; (iv) the aggregate of any expenses reimbursed to the Servicer during the prior distribution period pursuant to the Master Seller's Warranties and Servicing Agreement; (v) the number and aggregate outstanding principal balances of Mortgage Loans (a) delinquent (1) 31 to 60 days, (2) 61 to 90 days, or (3) 91 days or more; (b) as to which foreclosure has commenced; and (c) as to which REO Property has been acquired; and (vi) any other information reasonably required by the Securities Administrator to enable it to prepare the monthly statements referred to in Section 4.02(a).

Appears in 1 contract

Samples: Trust Agreement (GS Mortgage Securities Corp., Asset-Backed Certificates, Series 2005-5)

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Pursuant to Section 5. 2 02 of the Master Seller's Warranties and Servicing Agreement, the Servicer has agreed to provide certain monthly information reports to the Securities Administrator. The Pursuant to the Assignment Agreements, the Servicer shall deliver to the Securities Administrator, on a monthly basis, no later than each Remittance Advice Date a monthly remittance advice statement containing the information required by the Securities Administrator to calculate and provide the reports required by Section 4.02(a) as to the accompanying remittance and the period ending on the close of business on the last Business Day of the immediately preceding month (or the last day of the Due Period, as applicable) (the "Servicer Remittance Report"). On an on-going ongoing basis, the Securities Administrator may reasonably request the Servicer to provide additional information to be included in subsequent Servicer Remittance Reports. On the Closing Date, the Depositor shall request the Servicer to furnish an individual loan accounting report, as of the last day of the Due Period of each month, to document Mortgage Loan payment activity on an individual Mortgage Loan basis. With respect to each month, the Depositor shall request the Servicer to furnish the corresponding individual loan accounting report (in electronic format) to be received by the Securities Administrator no later than the Remittance Advice Date, which report shall contain the following: (i) with respect to each Monthly Payment, the amount of such remittance allocable to principal (including a separate breakdown of any Principal Prepayment, including the date of such prepayment, and any Prepayment Premiums, along with a detailed report of interest on principal prepayment amounts remitted in accordance with the Master Seller's Warranties and Servicing Agreement); (ii) with respect to each Monthly Payment, the amount of such remittance allocable to interest; (iii) the individual and aggregate Stated Principal Balance of the Mortgage Loans; (iv) the aggregate of any expenses reimbursed to the Servicer during the prior distribution period pursuant to the Master Seller's Warranties and Servicing Agreement; (v) the number and aggregate outstanding principal balances of Mortgage Loans (a) delinquent (1) 31 to 60 days, (2) 61 to 90 days, or (3) 91 days or more; (b) as to which foreclosure has commenced; and (c) as to which REO Property has been acquired; and (vi) any other information reasonably required by the Securities Administrator to enable it to prepare the monthly statements referred to in Section 4.02(a).

Appears in 1 contract

Samples: Trust Agreement (GSAA Home Equity Trust 2006-13)

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