Common use of Reports and Statements to Series 2012-1 Noteholders Clause in Contracts

Reports and Statements to Series 2012-1 Noteholders. (a) Not later than the second Business Day preceding each Payment Date, the Issuer shall deliver or cause the Servicer to deliver to the Trustee, the Indenture Trustee and each Rating Agency a statement substantially in the form of Exhibit B prepared by the Servicer; provided that the Issuer may amend the form of Exhibit B from time to time, with the prior written consent of the Indenture Trustee. (b) A copy of each statement or certificate provided pursuant to Section 5.2(a) may be obtained by any Series 2012-1 Noteholder by a request in writing to the Issuer. (c) On or before January 31 of each calendar year, beginning with January 31, 2012, the Issuer shall furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Series 2012-1 Noteholder the information for the preceding calendar year, or the applicable portion thereof during which the Person was a Noteholder, as is required to be provided by an issuer of indebtedness under the Code to the holders of the Issuer’s indebtedness and such other customary information as is necessary to enable such Noteholder to prepare its federal income tax returns. Notwithstanding anything to the contrary contained in this Agreement, the Issuer shall, to the extent required by applicable law, from time to time furnish to the appropriate Persons, at least five Business Days prior to the end of the period required by applicable law, the information required to complete a Form 1099-INT.

Reports and Statements to Series 2012-1 Noteholders. (a) Not later than the second Business Day preceding each Payment Date, the Issuer shall deliver deliver, or cause the Master Servicer to deliver to the Trustee, the Indenture Trustee (who shall deliver to or cause to be delivered to each Series 2012-1 Noteholder) and each Rating Agency a statement substantially in the form of Exhibit B prepared by the Master Servicer; provided provided, that the Issuer may amend the form of Exhibit B from time to time, time with the prior written consent of the Indenture Trustee. (b) A copy of each statement or certificate provided pursuant to Section 5.2(a) may be obtained by any Series 2012-1 Noteholder by a request in writing to the Issuer. (c) On or before January 31 of each calendar year, beginning with in the first January 31, 2012to occur after the Closing Date, the Issuer Indenture Trustee, on behalf of the Issuer, shall furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Series 2012-1 Noteholder the information for the preceding calendar year, or the applicable portion thereof during which the Person was a Noteholder, as is required to be provided by an issuer of indebtedness under the Code to the holders of the Issuer’s indebtedness and such other customary information as is necessary to enable such Noteholder to prepare its federal income tax returns. Notwithstanding anything to the contrary contained in this Agreement, the Issuer Indenture Trustee, on behalf of the Issuer, shall, to the extent required by applicable law, from time to time furnish to the appropriate Persons, at least five (5) Business Days prior to the end of the period required by applicable law, the information required to complete a Form 1099-INT.