Common use of Remittance Reports Clause in Contracts

Remittance Reports. Not later than the fifteenth (15th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth calendar day of the month of the related Remittance Date, the Servicer shall furnish to the Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the Master Servicer and the Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the Master Servicer and the Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the Servicer and requested by the Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the Servicer shall submit to the Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer and Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The Servicer shall also provide reports on the status of REO Property containing such information as the Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth tenth (15th10th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth tenth calendar day of the month of the related Remittance Date, the Servicer shall furnish to the Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the Master Servicer and the Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the Master Servicer and the Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the Servicer and requested by the Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the Servicer shall submit to the Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer and Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The Servicer shall also provide reports on the status of REO Property containing such information as the Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth tenth (15th10th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth tenth calendar day of the month of the related Remittance Date, the RMBS Servicer shall furnish to the RMBS Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the RMBS Master Servicer and the RMBS Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the RMBS Master Servicer and the RMBS Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the RMBS Servicer and requested by the RMBS Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the RMBS Servicer shall submit to the RMBS Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the RMBS Servicer and RMBS Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The RMBS Servicer shall also provide reports on the status of REO Property containing such information as the RMBS Master Servicer may reasonably require.

Remittance Reports. Not (i) No later than the fifteenth (15th) calendar day, or if such day is not a Business Day, the first fifth Business Day immediately preceding the fifteenth calendar day of the month of the related Remittance Dateeach month, the Servicer shall furnish to the Master ServicerServicer or its designee an electronic file containing, and a hard copy of, (i) a monthly remittance advice in the format set forth form of Exhibit A-1 attached to the related Assignment, Assumption and Recognition Agreement, (ii) a delinquency report in the form of Exhibit D A-2 attached hereto to the related Assignment, Assumption and Recognition Agreement, and (iii) a realized loss report in the form of Exhibit A-3 attached to the related Assignment, Assumption and Recognition Agreement, such information in each case to be as of the latest Due Period and provided in the form of the applicable exhibit or in such other format mutually form as agreed to by between the Master Servicer and the Master Servicer), together with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the Master Servicer and the Servicer) information with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the Servicer and requested by the Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the Servicer shall submit to the Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer and Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The Servicer shall also provide reports on the status of REO Property containing such information Loans as the Master Servicer may reasonably requirerequire to allocate distributions made pursuant to this Agreement and to provide appropriate statements in connection therewith. The Servicer shall modify the electronic file as requested by the Master Servicer from time to time to satisfy any reporting needs which may arise because of regulatory or legal requirements. On the Business Day following each Determination Date, the Servicer shall deliver to the Master Servicer or its designee by telecopy (or by such other means as the Servicer and the Master Servicer may agree from time to time) an electronic file containing, and a hard copy of, the determination data with respect to the related Distribution Date, together with such other information with respect to the Mortgage Loans as the Master Servicer may reasonably require to allocate distributions made pursuant to this Agreement and provide appropriate statements with respect to such distributions. (xviii) Section 11.16 of Exhibit 9 shall be deleted in its entirety and replaced with the following:

Remittance Reports. Not later than the fifteenth tenth (15th10th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth tenth calendar day of the month of the related Remittance Date, the RMBS Servicer shall furnish to the RMBS Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the RMBS Master Servicer and the RMBS Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the RMBS Master Servicer and the RMBS Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the RMBS Servicer and requested by the RMBS Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the RMBS Servicer shall submit to the RMBS Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the RMBS Servicer and RMBS Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master RMBS Servicer. The RMBS Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The RMBS Servicer shall also provide reports on the status of REO Property containing such information as the RMBS Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth tenth (15th10th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth tenth calendar day of the month of the related Remittance Date, the Servicer shall furnish to the Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the Master Servicer and the Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the Master Servicer and the Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the Servicer and requested by the Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the Servicer shall submit to the Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer and Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The Servicer shall also provide reports on the status of REO Property containing such information as the Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth twelfth (15th12th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth calendar day of the month of the related Remittance Date, the RMBS Servicer shall furnish to the RMBS Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the RMBS Master Servicer and the RMBS Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the RMBS Master Servicer and the RMBS Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the RMBS Servicer and requested by the RMBS Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the RMBS Servicer shall submit to the RMBS Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the RMBS Servicer and RMBS Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the RMBS Master Servicer. The RMBS Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The RMBS Servicer shall also provide reports on the status of REO Property containing such information as the RMBS Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth (15th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth calendar day of the month of the related Remittance Date, the Servicer shall furnish to the Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the Master Servicer and the Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the Master Servicer and the Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the Servicer and requested by the Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the Servicer shall submit to the Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer and Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The Servicer shall also provide reports on the status of REO Property containing such information as the Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth twelfth (15th12th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth tenth calendar day of the month of the related Remittance Date, the RMBS Servicer or RMBS Subservicer shall furnish to the RMBS Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the RMBS Master Servicer, the RMBS Servicer and the ServicerRMBS Subservicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the RMBS Master Servicer, the RMBS Servicer and the ServicerRMBS Subservicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the RMBS Servicer or RMBS Subservicer and requested by the RMBS Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the RMBS Servicer or RMBS Subservicer shall submit to the RMBS Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer RMBS Servicer, RMBS Subservicer and RMBS Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The RMBS Servicer or RMBS Subservicer shall also provide reports on the status of REO Property containing such information as the RMBS Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth twelfth (15th12th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth tenth calendar day of the month of the related Remittance Date, the Servicer RMBS Subservicer shall furnish to the RMBS Servicer and the RMBS Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the RMBS Master Servicer and the ServicerRMBS Subservicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the RMBS Master Servicer and the ServicerRMBS Subservicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the Servicer RMBS Subservicer and requested by the RMBS Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the Servicer RMBS Subservicer shall submit to the RMBS Servicer and the RMBS Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer RMBS Subservicer and RMBS Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the RMBS Master Servicer. The RMBS Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The Servicer RMBS Subservicer shall also provide reports on the status of REO Property containing such information as the RMBS Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth twelfth (15th12th) calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth twelfth calendar day of the month of the related Remittance Date, the Servicer shall furnish to the Master ServicerServicer and the Certificate Insurer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the Master Servicer and the Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the Master Servicer and the Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the Servicer and requested by the Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the Servicer shall submit to the Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer and Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The Servicer shall also provide reports on the status of REO Property containing such information as the Master Servicer may reasonably require.

Remittance Reports. Not later than the fifteenth [tenth (15th) 10th)] calendar day, or if such day is not a Business Day, the first Business Day immediately preceding the fifteenth [tenth] calendar day of the month of the related Remittance Date, the Servicer shall furnish to the Master Servicer, a monthly remittance advice in the format set forth in Exhibit D attached hereto (or in such other format mutually agreed to by the Master Servicer and the Servicer), with regard to monthly loan remittance data and a report containing the information required by Exhibit E (or in such other format mutually agreed to by the Master Servicer and the Servicer) with respect to defaulted mortgage loans, with a trial balance report attached thereto, and such other loan level information reasonably available to the Servicer and requested by the Master Servicer. Upon the foreclosure sale of any Mortgaged Property or the acquisition thereof by the Indenture Trustee pursuant to a deed-in-lieu of foreclosure, the Servicer shall submit to the Master Servicer a liquidation report in the format set forth in Exhibit F attached hereto (or in such other format mutually agreed to by the Servicer and Master Servicer) with respect to such Mortgaged Property and all supporting documentation reasonably required by the Master Servicer. The Master Servicer shall review and approve all Realized Loss calculations contained in such liquidation report. The Servicer shall also provide reports on the status of REO Property containing such information as the Master Servicer may reasonably require.