Common use of Reporting Requirements of the Commission Clause in Contracts

Reporting Requirements of the Commission. Each of the parties hereto acknowledges and agrees that the purpose of Sections 6.01, 6.20, 9.25(a) and 9.25(b) of this Agreement is to facilitate compliance by the Sponsor, the Master Servicer and the Depositor with the provisions of Regulation AB, as such may be amended or clarified from time to time. Therefore, each of the parties agrees that (a) the obligations of the parties hereunder shall be interpreted in such a manner as to accomplish compliance with Regulation AB, (b) the parties’ obligations hereunder will be supplemented and modified as necessary to be consistent with any such amendments, interpretive advice or guidance, convention or consensus among active participants in the asset-backed securities markets, advice of counsel, or otherwise in respect of the requirements of Regulation AB and (c) the parties shall comply with reasonable requests made by the Sponsor, the Depositor, the Master Servicer or the Trustee for delivery of additional or different information as the Sponsor, the Depositor, the Master Servicer or the Trustee may determine in good faith is necessary to comply with the provisions of Regulation AB, provided that such information is available without unreasonable effort or expense and within such timeframe as may be reasonably requested.

Appears in 18 contracts

Samples: Trust Agreement (Lehman XS Trust Series 2007-20n), Trust Agreement (Lehman XS Trust Series 2006-14n), Trust Agreement (Lehman XS Trust Series 2006-12n)

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Reporting Requirements of the Commission. Each of the parties hereto acknowledges and agrees that the purpose of Sections 6.01, 6.20, 9.25(a) 6.01 and 9.25(b) 6.20 of this Agreement is to facilitate compliance by the Sponsor, the Master Servicer Sponsor and the Depositor with the provisions of Regulation AB, as such may be amended or clarified from time to time. Therefore, each of the parties agrees that (a) the obligations of the parties hereunder shall be interpreted in such a manner as to accomplish compliance with Regulation AB, (b) the parties’ obligations hereunder will be supplemented and modified as necessary to be consistent with any such amendments, interpretive advice or guidance, convention or consensus among active participants in the asset-backed securities markets, advice of counsel, or otherwise in respect of the requirements of Regulation AB and (c) the parties shall comply with reasonable requests made by the Sponsor, the Depositor, the Master Servicer Depositor or the Trustee Securities Administrator for delivery of additional or different information, to the extent that such information is available or reasonably attainable, as the Sponsor, the Depositor, the Master Servicer Depositor or the Trustee Securities Administrator may determine in good faith is necessary to comply with the provisions of Regulation AB, provided that such information is available without unreasonable effort or expense and within such timeframe as may be reasonably requested.

Appears in 10 contracts

Samples: Trust Agreement (Structured Asset Investment Loan Trust 2006-Bnc1), Trust Agreement (Sasco 2006-Bc3), Trust Agreement (Sasco 2006-Bc2)

Reporting Requirements of the Commission. Each of the parties hereto acknowledges and agrees that the purpose of Sections 6.01, 6.20, 9.25(a) 6.01 and 9.25(b) 6.20 of this Agreement is to facilitate compliance by the Sponsor, the Master Servicer and the Depositor with the provisions of Regulation AB, as such may be amended or clarified from time to time. Therefore, each of the parties agrees that (a) the obligations of the parties hereunder shall be interpreted in such a manner as to accomplish compliance with Regulation AB, (b) the parties’ obligations hereunder will be supplemented and modified as necessary to be consistent with any such amendments, interpretive advice or guidance, convention or consensus among active participants in the asset-backed securities markets, advice of counsel, or otherwise in respect of the requirements of Regulation AB and (c) the parties shall comply with reasonable requests made by the Sponsor, the DepositorMaster Servicer, the Master Servicer Depositor or the Trustee Securities Administrator for delivery of additional or different information, to the extent that such information is available or reasonably attainable within such time frame as may be requested, as the Sponsor, the DepositorMaster Servicer, the Master Servicer Depositor or the Trustee Securities Administrator may determine in good faith is necessary to comply with the provisions of Regulation AB, provided that such information is available without unreasonable effort or expense and within such timeframe as may be reasonably requested.

Appears in 4 contracts

Samples: Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc3), Trust Agreement (BNC Mortgage Loan Trust 2006-2), Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2006-Bc6)

Reporting Requirements of the Commission. Each of the parties hereto acknowledges and agrees that the purpose of Sections 6.01, 6.20, 9.25(a) 6.01 and 9.25(b) 6.20 of this Agreement is to facilitate compliance by the Sponsor, the Master Servicer Servicer, the Depositor and the Depositor Securities Administrator with the provisions of Regulation AB, as such may be amended or clarified from time to time. Therefore, each of the parties agrees that (a) the obligations of the parties hereunder shall be interpreted in such a manner as to accomplish compliance with Regulation AB, (b) the parties’ obligations hereunder will be supplemented and modified as necessary to be consistent with any such amendments, interpretive advice or guidance, convention or consensus among active participants in the asset-backed securities markets, advice of counsel, or otherwise in respect of the requirements of Regulation AB and (c) the parties shall comply with reasonable requests made by the Sponsor, the DepositorMaster Servicer, the Master Servicer Depositor or the Trustee Securities Administrator for delivery of additional or different information, to the extent that such information is available or reasonably attainable within such time frame as may be requested, as the Sponsor, the DepositorMaster Servicer, the Master Servicer Depositor or the Trustee Securities Administrator may determine in good faith is necessary to comply with the provisions of Regulation AB, provided that such information is available without unreasonable effort or expense and within such timeframe as may be reasonably requested.

Appears in 2 contracts

Samples: Trust Agreement (BNC Mortgage Loan Trust 2007-1), Trust Agreement (BNC Mortgage Loan Trust 2007-2)

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Reporting Requirements of the Commission. Each of the parties hereto acknowledges and agrees that the purpose of Sections 6.01, 6.20, 9.25(a) 9.25 and 9.25(b) 9.26 of this Agreement is to facilitate compliance by the Sponsor, the Master Servicer Servicer, the Trustee and the Depositor with the provisions of Regulation AB, as such may be amended or clarified from time to time. Therefore, each of the parties agrees that (a) the obligations of the parties hereunder shall be interpreted in such a manner as to accomplish compliance with Regulation AB, (b) the parties’ obligations hereunder will be supplemented and modified as necessary to be consistent with any such amendments, interpretive advice or guidance, convention or consensus among active participants in the asset-backed securities markets, advice of counsel, or otherwise in respect of the requirements of Regulation AB and (c) the parties shall comply with reasonable requests made by the Sponsor, the DepositorMaster Servicer, the Master Servicer Trustee or the Trustee Depositor for delivery of additional or different information as the Sponsor, the DepositorMaster Servicer, the Master Servicer Trustee or the Trustee Depositor may determine in good faith is necessary to comply with the provisions of Regulation AB, provided that such information is available without unreasonable effort or expense and within such timeframe as may be reasonably requested.

Appears in 2 contracts

Samples: Trust Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2008-1), Trust Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2007-3)

Reporting Requirements of the Commission. Each of the parties hereto acknowledges and agrees that the purpose of Sections 6.01, 6.20, 9.25(a) and 9.25(b) of this Agreement is to facilitate compliance by the Sponsor, the Master Servicer Sponsor and the Depositor with the provisions of Regulation AB, as such may be amended or clarified from time to time. Therefore, each of the parties agrees that (a) the obligations of the parties hereunder shall be interpreted in such a manner as to accomplish compliance with Regulation AB, (b) the parties’ obligations hereunder will be supplemented and modified as necessary to be consistent with any such amendments, interpretive advice or guidance, convention or consensus among active participants in the asset-backed securities markets, advice of counsel, or otherwise in respect of the requirements of Regulation AB and (c) the parties shall comply with reasonable requests made by the Sponsor, the Depositor, the Master Servicer or the Trustee for delivery of additional or different information as the Sponsor, the Depositor, the Master Servicer or the Trustee may determine in good faith is necessary to comply with the provisions of Regulation AB, provided that such information is available without unreasonable effort or expense and within such timeframe as may be reasonably requested.

Appears in 1 contract

Samples: Trust Agreement (Lehman XS Trust Series 2006-Gp2)

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