Common use of Report to Noteholders Clause in Contracts

Report to Noteholders. With respect to each Payment Date, no later than the fifteenth (15th) calendar day of each month (or if such day is not a Business Day, the following Business Day), the Master Servicer shall forward the Loan Level Data Report to the Depositor and the Indenture Trustee. Based primarily on the information in the Loan Level Data Report, the Indenture Trustee shall prepare the Report to Noteholders with respect to each Payment Date. The Indenture Trustee, pursuant to Section 3.25 of the Indenture, shall make available to each Securityholder, the Owner Trustee, each Paying Agent (if other than the Indenture Trustee) and each Rating Agency, the Report to Noteholders setting forth the following information, to the extent applicable: (a) the aggregate amount of Collections received on the Mortgage Loans during the related Collection Period; (b) the aggregate amount of (i) Interest Collections and (ii) Principal Collections (stating any Subsequent Recoveries included therein) (in each case stated separately for each collateral type (i.e., HEL and HLTV) and in the aggregate) for such Collection Period; (c) the Principal Collection Distribution Amount for such Collection Period; (d) the amount distributable to each Class of Senior Notes and Subordinate Notes in respect of interest; (e) the amount of any Interest Carry-Forward Amounts; (f) the amount, if any, to be distributed to the Certificateholders; (g) any accrued and unpaid Servicing Fees for previous Collection Periods and the Servicing Fee for such Collection Period; (h) the Excess Spread, if any, for such Collection Period; (i) the Liquidation Loss Amount and Principal Balance of Liquidated Mortgage Loans (in each case stated separately for each collateral type and also in the aggregate) for (i) such Collection Period, (ii) such Collection Period and the immediately preceding eleven Collection Periods and (iii) such Collection Period and all previous Collection Periods and any Overcollateralization Increase Amounts and Overcollateralization Release Amounts for such Collection Period; (j) the aggregate Principal Balance of the Mortgage Loans (in each case stated separately for each collateral type and also in the aggregate) as of the end of the preceding Collection Period and as of the end of the second preceding Collection Period; (k) the Note Balance for each Class of the Senior Notes and the Subordinate Notes after giving effect to any distribution on such Payment Date and to any reduction on account of Liquidation Loss Amounts and separately identifying any increase resulting from the allocation of any Subsequent Recoveries; (l) the Overcollateralization Amount and the Overcollateralization Target Amount and whether the Loss and Delinquency Test has not been satisfied; (m) the number and aggregate Principal Balances of Mortgage Loans (in each case stated separately for each collateral type and also in the aggregate) (i) as to which the related Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 days or more, separately identifying for each bucket those Mortgage Loans in foreclosure, those Mortgage Loans subject to bankruptcy proceedings, those Mortgage Loans that have become related to REO Property and the remaining ("purely delinquent") Mortgage Loans. Notwithstanding the foregoing, any Mortgage Loan as to which the related Monthly Payment is delinquent for 180 days or more and which is treated as a Liquidated Mortgage Loan for Trust reporting purposes shall not be double-counted as a delinquent Mortgage Loan. (n) whether an Amortization Event, specifying such event, has occurred since the prior Determination Date; (o) whether a Servicing Default has occurred since the prior Determination Date, specifying such Servicing Default; (p) the Net Loan Rate for the related Collection Period; and (q) the number, collateral type and Principal Balances of any Mortgage Loans removed from the Trust. The Indenture Trustee shall conclusively rely upon the information contained in each Loan Level Data Report for purposes of making distributions pursuant to Section 3.05 of the Indenture, shall have no duty to inquire into such information and shall have no liability in so relying. The format and content of the Loan Level Data Report and the Report to Noteholders may be modified by the mutual agreement of the Master Servicer and the Indenture Trustee. The Administrator shall give notice of any such change to each Rating Agency. The amounts furnished pursuant to clause (d) above shall be expressed as an aggregate dollar amount per each Class of Senior Notes or Subordinate Notes, as the case may be, with a $1,000 denomination. The Master Servicer shall forward to the Indenture Trustee any other information reasonably requested by the Indenture Trustee to make distributions pursuant to Section 3.05 of the Indenture. Prior to the close of business on the Business Day next succeeding each Determination Date, the Master Servicer shall furnish a written statement to the Paying Agent and the Indenture Trustee setting forth the aggregate amounts required to be withdrawn from the Collection Account. The determination by the Master Servicer of such amounts shall be presumptively deemed to be correct for all purposes hereunder, and the Owner Trustee and the Indenture Trustee shall be protected in relying upon the same without any independent verification thereof. In addition, upon the Issuer’s written request, the Master Servicer shall promptly furnish information reasonably requested by the Issuer that is reasonably available to the Master Servicer to enable the Issuer to perform its federal and state income tax reporting obligations.

Report to Noteholders. With respect to each Payment Date, no later than the fifteenth (15th) calendar day of each month (or if such day is not a Business Day, the following Business Day), the Master Servicer shall forward the Loan Level Data Report to the Depositor and the Indenture Trustee. Based primarily on the information in the Loan Level Data Report, the Indenture Trustee shall prepare the Report to Noteholders with respect to each Payment Date. The Indenture Trustee, pursuant to Section 3.25 of the Indenture, shall make available to each Securityholder, the Owner Trustee, each Paying Agent (if other than the Indenture Trustee) and each Rating Agency, the Report to Noteholders setting forth the following information, to the extent applicable: (a) the aggregate amount of Collections received on the Mortgage Loans during the related Collection Period; (b) the aggregate amount of (i) Interest Collections and (ii) Principal Collections (stating any Subsequent Recoveries included therein) and, in the case of the Managed Amortization Period, Net Principal Collections (in each case stated separately for each Group, for each collateral type (i.e.I.E., HEL HEL, HLTV and HLTVHELOC) and in the aggregate) for such Collection Period; (c) the Principal Collection Distribution Amount for such Collection Period; (d) the amount distributable to each Class of Senior Offered Notes and Subordinate the Variable Funding Notes in respect of interest; (e) the amount of any Interest Carry-Forward Amounts; (f) the amount, if any, to be distributed to the Certificateholders; (g) any accrued and unpaid Servicing Fees for previous Collection Periods and the Servicing Fee for such Collection Period; (h) the Excess Spread, if any, for such Collection PeriodPeriod (stated separately for each Group); (i) the Liquidation Loss Amount and Principal Balance of Liquidated Mortgage Loans (in each case stated separately for each Group, for each collateral type and also in the aggregate) for (i) such Collection Period, (ii) such Collection Period and the immediately preceding eleven Collection Periods and (iii) such Collection Period and all previous Collection Periods and any Overcollateralization Increase Amounts and Overcollateralization Release Amounts for such Collection Period; (j) the aggregate Principal Balance of the Mortgage Loans (in each case stated separately for each Group, for each collateral type and also in the aggregate) as of the end of the preceding Collection Period and as of the end of the second preceding Collection Period; (k) the Offered Note Balance and the Variable Funding Balance for each Class of the Senior Notes and the Subordinate Notes after giving effect to any distribution on such Payment Date and to any reduction on account of Liquidation Loss Amounts and separately identifying any increase resulting from the allocation of any Subsequent RecoveriesAmounts; (l) the Overcollateralization Amount and the Overcollateralization Target Amount and whether the Loss and Delinquency Test has not been satisfied; (m) the number and aggregate Principal Balances of Mortgage Loans (in each case stated separately for each Group, for each collateral type and also in the aggregate) (i) as to which the related Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 days or more, separately identifying for each bucket those Mortgage Loans in foreclosure, those Mortgage Loans subject to bankruptcy proceedings, those Mortgage Loans that have become related to REO Property and the remaining ("purely delinquent") Mortgage Loans. Notwithstanding the foregoing, any Mortgage Loan as to which the related Monthly Payment is delinquent for 180 days or more and which is treated as a Liquidated Mortgage Loan for Trust reporting purposes shall not be double-counted as a delinquent Mortgage Loan. (n) prior to the end of the Managed Amortization Period, the aggregate amount of Additional Balances, if any, (i) created and (ii) purchased during the preceding Collection Period; (o) whether an Amortization Event, specifying such event, has occurred since the prior Determination Date; (op) whether a Servicing Default has occurred since the prior Determination Date, specifying such Servicing Default; (pq) the Net Loan Rate for the related Collection Period; and (qr) the number, Group, collateral type and Principal Balances of any Mortgage Loans removed from the Trust. The Indenture Trustee shall conclusively rely upon the information contained in each Loan Level Data Report for purposes of making distributions pursuant to Section 3.05 of the Indenture, shall have no duty to inquire into such information and shall have no liability in so relying. The format and content of the Loan Level Data Report and the Report to Noteholders may be modified by the mutual agreement of the Master Servicer and the Indenture Trustee. The Administrator shall give notice of any such change to each Rating Agency. The amounts furnished pursuant to clause (d) above shall be expressed as an aggregate dollar amount per each Class of Senior Offered Notes or Subordinate Variable Funding Notes, as the case may be, with a $1,000 denomination. The Master Servicer shall forward to the Indenture Trustee any other information reasonably requested by the Indenture Trustee to make distributions pursuant to Section 3.05 of the Indenture. Prior to the close of business on the Business Day next succeeding each Determination Date, the Master Servicer shall furnish a written statement to the Paying Agent and the Indenture Trustee setting forth the aggregate amounts required to be withdrawn from the Collection Account. The determination by the Master Servicer of such amounts shall be presumptively deemed to be correct for all purposes hereunder, and the Owner Trustee and the Indenture Trustee shall be protected in relying upon the same without any independent verification thereof. In addition, upon the Issuer’s 's written request, the Master Servicer shall promptly furnish information reasonably requested by the Issuer that is reasonably available to the Master Servicer to enable the Issuer to perform its federal and state income tax reporting obligations.

Report to Noteholders. With respect to each Payment Date, no later than the fifteenth (15th) calendar day of each month (or if such day is not a Business Day, the following Business Day), the Master Servicer shall forward the Loan Level Data Report to the Depositor and the Indenture Trustee. Based primarily in part on the information in the Loan Level Data Report, the Indenture Trustee shall prepare the Report to Noteholders with respect to each Payment Date. The Indenture Trustee, pursuant to Section 3.25 of the Indenture, shall make available to each Securityholder, the Owner Trustee, each Paying Agent (if other than the Indenture Trustee) and ), each Rating AgencyAgency and, so long as the Policy is outstanding or amounts are owed to the Enhancer under the Insurance Agreement, the Enhancer, the Report to Noteholders setting forth the following information, to the extent applicable: (a) the aggregate amount of Collections received on the Mortgage Loans during the related Collection Period; (b) the aggregate amount of (i) Interest Collections and (ii) Principal Collections (stating any Subsequent Recoveries included therein) and, in the case of the Managed Amortization Period, Net Principal Collections (in each case stated separately for each collateral type (i.e., HEL Group and HLTV) and also in the aggregate) for such Collection Period; (c) the Principal Collection Distribution Amount for such Collection Period; (d) the amount distributable to each Class of Senior Offered Notes and Subordinate the Variable Funding Notes in respect of interest; (e) the amount of any Interest Carry-Forward Amounts; (f) the Policy Draw Amount, if any, for such Payment Date and the aggregate amount of prior draws on the Policy thereunder not yet reimbursed; (g) the amount, if any, to be distributed to the Certificateholders; (gh) any accrued and unpaid Servicing Fees for previous Collection Periods and the Servicing Fee for such Collection Period; (hi) the Excess Spread, if any, for such Collection PeriodPeriod (stated separately for each Group); (ij) the Liquidation Loss Amount and Principal Balance of Liquidated Mortgage Loans (in each case stated separately for each collateral type Group and also in the aggregate) for (i) such Collection Period, (ii) such Collection Period and the immediately preceding eleven Collection Periods and (iii) such Collection Period and all previous Collection Periods and any Overcollateralization Increase Amounts and Overcollateralization Release Amounts for such Collection Period; (jk) the aggregate Principal Balance of the Mortgage Loans (in each case stated separately for each collateral type Group and also in the aggregate) as of the end of the preceding Collection Period and as of the end of the second preceding Collection Period; (kl) the Offered Note Balance and the Variable Funding Balance for each Class of the Senior Notes and the Subordinate Notes after giving effect to any distribution on such Payment Date and to any reduction on account of Liquidation Loss Amounts and separately identifying any increase resulting from the allocation of any Subsequent RecoveriesAmounts; (lm) the Overcollateralization Amount and the Overcollateralization Target Amount and whether the Loss and Delinquency Test has not been satisfied; (mn) the number and aggregate Principal Balances of Mortgage Loans (in each case stated separately for each collateral type Group and also in the aggregate) (i) as to which the related Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 days or more, separately identifying for each bucket those Mortgage Loans in foreclosure, those Mortgage Loans subject to bankruptcy proceedings, those Mortgage Loans that have become related to REO Property and the remaining ("purely delinquent") Mortgage Loans. Notwithstanding the foregoing, any Mortgage Loan as to which the related Monthly Payment is delinquent for 180 days or more and which is treated as a Liquidated Mortgage Loan for Trust reporting purposes shall not be double-counted as a delinquent Mortgage Loan. (no) prior to the end of the Managed Amortization Period, the aggregate amount of Additional Balances, if any, (i) created and (ii) purchased during the preceding Collection Period; (p) whether an Amortization Event, specifying such event, has occurred since the prior Determination Date; (oq) whether a Servicing Default has occurred since the prior Determination Date, specifying such Servicing Default; (pr) the Net Loan Rate for the related Collection Period; and (qs) the number, collateral type Group and Principal Balances of any Mortgage Loans removed from the Trust. The Indenture Trustee shall conclusively rely upon the information contained in each Loan Level Data Report for purposes of making distributions pursuant to Section 3.05 of the Indenture, shall have no duty to inquire into such information and shall have no liability in so relying. The format and content of the Loan Level Data Report and the Report to Noteholders may be modified by the mutual agreement of the Master Servicer Servicer, the Indenture Trustee and the Indenture TrusteeEnhancer. The Administrator shall give notice of any such change to each Rating Agency. The amounts furnished pursuant to clause (d) above shall be expressed as an aggregate dollar amount per each Class of Senior Offered Notes or Subordinate Variable Funding Notes, as the case may be, with a $1,000 denomination. The Master Servicer shall forward to the Indenture Trustee and the Enhancer any other information reasonably requested by the Indenture Trustee or the Enhancer to make distributions pursuant to Section 3.05 of the Indenture. Prior to the close of business on the Business Day next succeeding each Determination Date, the Master Servicer shall furnish a written statement to the Paying Agent and the Indenture Trustee setting forth the aggregate amounts required to be withdrawn from the Collection Account. The determination by the Master Servicer of such amounts shall be presumptively deemed to be correct for all purposes hereunder, and the Owner Trustee and the Indenture Trustee shall be protected in relying upon the same without any independent verification thereof. In addition, upon the Issuer’s 's written request, the Master Servicer shall promptly furnish information reasonably requested by the Issuer that is reasonably available to the Master Servicer to enable the Issuer to perform its federal and state income tax reporting obligations.

Report to Noteholders. With respect to each Payment Date, no later than the fifteenth (15th) calendar day of each month (or if such day is not a Business Day, the following Business Day), the Master Servicer shall forward the Loan Level Data Report to the Depositor and the Indenture Trustee. Based primarily on the information in the Loan Level Data Report, the Indenture Trustee shall prepare the Report to Noteholders with respect to each Payment Date. The Indenture Trustee, pursuant to Section 3.25 of the Indenture, shall make available to each Securityholder, the Owner Trustee, each Paying Agent (if other than the Indenture Trustee) and each Rating Agency, the Report to Noteholders setting forth the following information, to the extent applicable: (a) the aggregate amount of Collections received on the Mortgage Loans during the related Collection Period; (b) the aggregate amount of (i) Interest Collections and (ii) Principal Collections (stating any Subsequent Recoveries included therein) and, in the case of the Managed Amortization Period, Net Principal Collections (in each case stated separately for each Group, for each collateral type (i.e., HEL HEL, HLTV and HLTVHELOC) and in the aggregate) for such Collection Period; (c) the Principal Collection Distribution Amount for such Collection Period; (d) the amount distributable to each Class of Senior Offered Notes and Subordinate the Variable Funding Notes in respect of interest; (e) the amount of any Interest Carry-Forward Amounts; (f) the amount, if any, to be distributed to the Certificateholders; (g) any accrued and unpaid Servicing Fees for previous Collection Periods and the Servicing Fee for such Collection Period; (h) the Excess Spread, if any, for such Collection PeriodPeriod (stated separately for each Group); (i) the Liquidation Loss Amount and Principal Balance of Liquidated Mortgage Loans (in each case stated separately for each Group, for each collateral type and also in the aggregate) for (i) such Collection Period, (ii) such Collection Period and the immediately preceding eleven Collection Periods and (iii) such Collection Period and all previous Collection Periods and any Overcollateralization Increase Amounts and Overcollateralization Release Amounts for such Collection Period; (j) the aggregate Principal Balance of the Mortgage Loans (in each case stated separately for each Group, for each collateral type and also in the aggregate) as of the end of the preceding Collection Period and as of the end of the second preceding Collection Period; (k) the Offered Note Balance and the Variable Funding Balance for each Class of the Senior Notes and the Subordinate Notes after giving effect to any distribution on such Payment Date and to any reduction on account of Liquidation Loss Amounts and separately identifying any increase resulting from the allocation of any Subsequent RecoveriesAmounts; (l) the Overcollateralization Amount and the Overcollateralization Target Amount and whether the Loss and Delinquency Test has not been satisfied; (m) the number and aggregate Principal Balances of Mortgage Loans (in each case stated separately for each Group, for each collateral type and also in the aggregate) (i) as to which the related Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 days or more, separately identifying for each bucket those Mortgage Loans in foreclosure, those Mortgage Loans subject to bankruptcy proceedings, those Mortgage Loans that have become related to REO Property and the remaining ("purely delinquent") Mortgage Loans. Notwithstanding the foregoing, any Mortgage Loan as to which the related Monthly Payment is delinquent for 180 days or more and which is treated as a Liquidated Mortgage Loan for Trust reporting purposes shall not be double-counted as a delinquent Mortgage Loan. (n) prior to the end of the Managed Amortization Period, the aggregate amount of Additional Balances, if any, (i) created and (ii) purchased during the preceding Collection Period; (o) whether an Amortization Event, specifying such event, has occurred since the prior Determination Date; (op) whether a Servicing Default has occurred since the prior Determination Date, specifying such Servicing Default; (pq) the Net Loan Rate for the related Collection Period; and (qr) the number, Group, collateral type and Principal Balances of any Mortgage Loans removed from the Trust. The Indenture Trustee shall conclusively rely upon the information contained in each Loan Level Data Report for purposes of making distributions pursuant to Section 3.05 of the Indenture, shall have no duty to inquire into such information and shall have no liability in so relying. The format and content of the Loan Level Data Report and the Report to Noteholders may be modified by the mutual agreement of the Master Servicer and the Indenture Trustee. The Administrator shall give notice of any such change to each Rating Agency. The amounts furnished pursuant to clause (d) above shall be expressed as an aggregate dollar amount per each Class of Senior Offered Notes or Subordinate Variable Funding Notes, as the case may be, with a $1,000 denomination. The Master Servicer shall forward to the Indenture Trustee any other information reasonably requested by the Indenture Trustee to make distributions pursuant to Section 3.05 of the Indenture. Prior to the close of business on the Business Day next succeeding each Determination Date, the Master Servicer shall furnish a written statement to the Paying Agent and the Indenture Trustee setting forth the aggregate amounts required to be withdrawn from the Collection Account. The determination by the Master Servicer of such amounts shall be presumptively deemed to be correct for all purposes hereunder, and the Owner Trustee and the Indenture Trustee shall be protected in relying upon the same without any independent verification thereof. In addition, upon the Issuer’s 's written request, the Master Servicer shall promptly furnish information reasonably requested by the Issuer that is reasonably available to the Master Servicer to enable the Issuer to perform its federal and state income tax reporting obligations.

Report to Noteholders. With respect to each Payment Date, no later than the fifteenth (15th) calendar day of each month (or if such day is not a Business Day, the following Business Day), the Master Servicer shall forward the Loan Level Data Report to the Depositor and the Indenture Trustee. Based primarily on the information in the Loan Level Data Report, the Indenture Trustee shall prepare the Report to Noteholders with respect to each Payment Date. The Indenture Trustee, pursuant to Section 3.25 of the Indenture, shall make available to each Securityholder, the Owner Trustee, each Paying Agent (if other than the Indenture Trustee) and each Rating Agency, the Report to Noteholders setting forth the following information, to the extent applicable: (a) the aggregate amount of Collections received on the Mortgage Loans during the related Collection Period; (b) the aggregate amount of (i) Interest Collections and (ii) Principal Collections (stating any Subsequent Recoveries included therein) and, in the case of the Managed Amortization Period, Net Principal Collections (in each case stated separately for each Group, for each collateral type (i.e.I.E., HEL HEL, HLTV and HLTVHELOC) and in the aggregate) for such Collection Period; (c) the Principal Collection Distribution Amount for such Collection Period; (d) the amount distributable to each Class of Senior Offered Notes and Subordinate the Variable Funding Notes in respect of interest; (e) the amount of any Interest Carry-Forward Amounts; (f) the amount, if any, to be distributed to the Certificateholders; (g) any accrued and unpaid Servicing Fees for previous Collection Periods and the Servicing Fee for such Collection Period; (h) the Excess Spread, if any, for such Collection PeriodPeriod (stated separately for each Group); (i) the Liquidation Loss Amount and Principal Balance of Liquidated Mortgage Loans (in each case stated separately for each Group, for each collateral type and also in the aggregate) for (i) such Collection Period, (ii) such Collection Period and the immediately preceding eleven Collection Periods and (iii) such Collection Period and all previous Collection Periods and any Overcollateralization Increase Amounts and Overcollateralization Release Amounts for such Collection Period; (j) the aggregate Principal Balance of the Mortgage Loans (in each case stated separately for each Group, for each collateral type and also in the aggregate) as of the end of the preceding Collection Period and as of the end of the second preceding Collection Period; (k) the Offered Note Balance and the Variable Funding Balance for each Class of the Senior Notes and the Subordinate Notes after giving effect to any distribution on such Payment Date and to any reduction on account of Liquidation Loss Amounts and separately identifying any increase resulting from the allocation of any Subsequent RecoveriesAmounts; (l) the Overcollateralization Amount and the Overcollateralization Target Amount and whether the Loss and Delinquency Test has not been satisfied; (m) the number and aggregate Principal Balances of Mortgage Loans (in each case stated separately for each Group, for each collateral type and also in the aggregate) (i) as to which the related Monthly Payment is delinquent for 30-59 days, 60-89 days, 90-119 days, 120-149 days, 150-179 days and 180 days or more, separately identifying for each bucket those Mortgage Loans in foreclosure, those Mortgage Loans subject to bankruptcy proceedings, those Mortgage Loans that have become related to REO Property and the remaining ("purely delinquent") Mortgage Loans. Notwithstanding the foregoing, any Mortgage Loan as to which the related Monthly Payment is delinquent for 180 days or more and which is treated as a Liquidated Mortgage Loan for Trust reporting purposes shall not be double-counted as a delinquent Mortgage Loan. (n) prior to the end of the Managed Amortization Period, the aggregate amount of Additional Balances, if any, (i) created and (ii) purchased during the preceding Collection Period; (o) whether an Amortization Event, specifying such event, has occurred since the prior Determination Date; (op) whether a Servicing Default has occurred since the prior Determination Date, specifying such Servicing Default; (pq) the Net Loan Rate for the related Collection Period; and (qr) the number, Group, collateral type and Principal Balances of any Mortgage Loans removed from the Trust. The Indenture Trustee shall conclusively rely upon the information contained in each Loan Level Data Report for purposes of making distributions pursuant to Section 3.05 of the Indenture, shall have no duty to inquire into such information and shall have no liability in so relying. The format and content of the Loan Level Data Report and the Report to Noteholders may be modified by the mutual agreement of the Master Servicer and the Indenture Trustee. The Administrator shall give notice of any such change to each Rating Agency. The amounts furnished pursuant to clause (d) above shall be expressed as an aggregate dollar amount per each Class of Senior Offered Notes or Subordinate Variable Funding Notes, as the case may be, with a $1,000 denomination. The Master Servicer shall forward to the Indenture Trustee any other information reasonably requested by the Indenture Trustee to make distributions pursuant to Section 3.05 of the Indenture. Prior to the close of business on the Business Day next succeeding each Determination Date, the Master Servicer shall furnish a written statement to the Paying Agent and the Indenture Trustee setting forth the aggregate amounts required to be withdrawn from the Collection Account. The determination by the Master Servicer of such amounts shall be presumptively deemed to be correct for all purposes hereunder, and the Owner Trustee and the Indenture Trustee shall be protected in relying upon the same without any independent verification thereof. In addition, upon the Issuer’s written request, the Master Servicer shall promptly furnish information reasonably requested by the Issuer that is reasonably available to the Master Servicer to enable the Issuer to perform its federal and state income tax reporting obligations.