Common use of Reports and Statements to Noteholders of Series 20__-_ Notes Clause in Contracts

Reports and Statements to Noteholders of Series 20__-_ Notes. (a) On or before each Determination Date, the Servicer will deliver to the Issuer, the Indenture Trustee and each Rating Agency a report substantially in the form of Exhibit B or such other form as the Servicer may determine; provided that any such report contains substantially the same information as set forth in Exhibit B (a “Monthly Investor Report”). A Responsible Person of the Servicer will certify the accuracy of the information in the Monthly Investor Report in accordance with Section 3.6 of the Sale and Servicing Agreements. (b) On each Payment Date, the Indenture Trustee will deliver to each Noteholder of Series 20__-_ Notes a Monthly Investor Report; provided, that, in lieu of the Indenture Trustee’s delivering such statement, the Indenture Trustee may make such statement available to the Noteholders of the Series 20__-_ through the Indenture Trustee’s internet website, which initially is located at xxxx://XXXXxxxxxxxxxxxxxxxx.xxxxxxxxx.xxx. (c) A copy of each Monthly Investor Report may be obtained by any Noteholder of Series 20__-_ Notes by a request to the Servicer. (d) If required by law, on or before January 31 of each calendar year, beginning with the calendar year following the Closing Date, the Indenture Trustee will furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Noteholder of the Series 20__-_ Notes, a statement prepared by the Servicer containing the information that is required to be contained in the statements to the Noteholders of the Series 20__-_ Notes, as set forth in Section 3.1(a), aggregated for the preceding calendar year, together with other information as is required to be provided by an issuer of indebtedness under the Code; provided, however, that in lieu of the Indenture Trustee’s delivering such statement, the Indenture Trustee may make such statement available to the Noteholders of the Series 20__-_ Notes through the Indenture Trustee’s internet website, which initially is located at xxxx://XXXXxxxxxxxxxxxxxxxx.xxxxxxxxx.xxx. Such obligation of the Servicer will be deemed to have been satisfied to the extent that substantially comparable information is provided by the Indenture Trustee pursuant to any requirements of the Code as from time to time in effect.

Reports and Statements to Noteholders of Series 20__-_ Notes. (a) On or before each Determination Date, the Servicer will deliver to the Issuer, the Indenture Trustee and each Rating Agency a report substantially in the form of Exhibit B or such other form as the Servicer may determine; provided that any such report contains substantially the same information as set forth in Exhibit B (a “Monthly Investor Report”). A Responsible Person of the Servicer will certify the accuracy of the information in the Monthly Investor Report in accordance with Section 3.6 of the Sale and Servicing Agreements. (b) On each Payment Date, the Indenture Trustee will deliver to each Noteholder of Series 20__-_ 20 - Notes a Monthly Investor Report; provided, that, in lieu of the Indenture Trustee’s delivering such statement, the Indenture Trustee may make such statement available to the Noteholders of the Series 20__-_ 20 - through the Indenture Trustee’s internet website, which initially is located at xxxx://XXXXxxxxxxxxxxxxxxxx.xxxxxxxxx.xxx. (c) A copy of each Monthly Investor Report may be obtained by any Noteholder of Series 20__-_ 20 - Notes by a request to the Servicer. (d) If required by law, on or before January 31 of each calendar year, beginning with the calendar year following the Closing Date, the Indenture Trustee will furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Noteholder of the Series 20__-_ 20 - Notes, a statement prepared by the Servicer containing the information that is required to be contained in the statements to the Noteholders of the Series 20__-_ 20 - Notes, as set forth in Section 3.1(a), aggregated for the preceding calendar year, together with other information as is required to be provided by an issuer of indebtedness under the Code; provided, however, that in lieu of the Indenture Trustee’s delivering such statement, the Indenture Trustee may make such statement available to the Noteholders of the Series 20__-_ 20 - Notes through the Indenture Trustee’s internet website, which initially is located at xxxx://XXXXxxxxxxxxxxxxxxxx.xxxxxxxxx.xxx. Such obligation of the Servicer will be deemed to have been satisfied to the extent that substantially comparable information is provided by the Indenture Trustee pursuant to any requirements of the Code as from time to time in effect.