Common use of Reports of Issuer Clause in Contracts

Reports of Issuer. (a) Subject to Section 3.13 of the Servicing Agreement, (i) The Securities Administrator shall file with the Commission on behalf of the Issuer, with a copy to the Issuer within 15 days before the Issuer is required to file the same with the Commission, the annual reports and the information, documents and other reports (or such portions of any of the foregoing as the Commission may from time to time by rules and regulations prescribe) that the Issuer may be required to file with the Commission pursuant to Section 13 or 15(d) of the Exchange Act; (ii) The Securities Administrator shall file with the Commission, on behalf of the Issuer, in accordance with rules and regulations prescribed from time to time by the Commission such additional information, documents and reports with respect to compliance by the Issuer with the conditions and covenants of this Indenture as may be required from time to time by such rules and regulations; (iii) The Securities Administrator shall supply (and the Securities Administrator shall transmit by mail to all Noteholders described in TIA § 313(c)) such summaries of any information, documents and reports required to be filed by the Issuer pursuant to clauses (i) and (ii) of this Section 7.03(a) and by rules and regulations prescribed from time to time by the Commission; and (iv) For each Distribution Date, through and including the Distribution Date in December 2006, the Securities Administrator shall calculate the Significance Percentage of the Interest Rate Swap Agreement. If on any such Distribution Date, the Significance Percentage is equal to or greater than 9%, the Securities Administrator shall promptly notify the Depositor and the Depositor, on behalf of the Securities Administrator, shall obtain the financial information required to be delivered by the Swap Provider pursuant to the terms of the Interest Rate Swap Agreement. If, on any succeeding Distribution Date through and including the Distribution Date in December 2006, the Significance Percentage is equal to or greater than 10%, the Securities Administrator shall promptly notify the Depositor and the Depositor shall, within 5 Business Days of such Distribution Date, deliver to the Securities Administrator the financial information provided to it by the Swap Provider for inclusion in the Form 10-D relating to such Distribution Date.

Reports of Issuer. (a) Subject to Section 3.13 of the Servicing Agreement, (i) The Securities Administrator Indenture Trustee shall file with the Commission on behalf of the Issuer, with a copy to the Issuer within 15 days before the Issuer is required to file the same with the Commission, the annual reports and the information, documents and other reports (or such portions of any of the foregoing as the Commission may from time to time by rules and regulations prescribe) that the Issuer may be required to file with the Commission pursuant to Section 13 or 15(d) of the Exchange Act and, on behalf of the Issuer, to eliminate the reporting requirement through a filing pursuant to Section 15(d) of the Exchange Act; (ii) The Securities Administrator Indenture Trustee shall file with the Commission, on behalf of the Issuer, in accordance with rules and regulations prescribed from time to time by the Commission such additional information, documents and reports with respect to compliance by the Issuer with the conditions and covenants of this Indenture as may be required from time to time by such rules and regulations;; and (iii) The Securities Administrator Indenture Trustee shall supply (and the Securities Administrator Indenture Trustee shall transmit by mail to all Noteholders Bondholders described in TIA § ss. 313(c)) such summaries of any information, documents and reports required to be filed by the Issuer pursuant to clauses (i) and (ii) of this Section 7.03(a) and by rules and regulations prescribed from time to time by the Commission; and (iv) For each Distribution Date, through and including the Distribution Date in December 2006, the Securities Administrator shall calculate the Significance Percentage . A copy of the Interest Rate Swap Agreement. If on any such Distribution Date, the Significance Percentage is equal filings pursuant to or greater than 9%, the Securities Administrator Section 7.03(a)(i) through (iii) above shall promptly notify the Depositor and the Depositor, on behalf of the Securities Administrator, shall obtain the financial information required to be delivered by the Swap Provider Indenture Trustee to the Bond Insurer. In respect of the foregoing, the only filings required to made by the Indenture Trustee with the Commission or transmitted to Bondholders shall be Distribution Date statements to Bondholders (filed pursuant to Section 13) and any delisting filings (which fililngs the terms Indenture Trustee is hereby directed to make at its discretion) in respect of Section 15(d) of the Interest Rate Swap AgreementExchange Act. If, on any succeeding Distribution Date through and including All other filings shall be made by the Distribution Date in December 2006Issuer. (b) Unless the Issuer otherwise determines, the Significance Percentage is equal to or greater than 10%, fiscal year of the Securities Administrator Issuer shall promptly notify the Depositor and the Depositor shall, within 5 Business Days end on December 31 of such Distribution Date, deliver to the Securities Administrator the financial information provided to it by the Swap Provider for inclusion in the Form 10-D relating to such Distribution Dateeach year.

Reports of Issuer. (a) Subject to Section 3.13 of the Servicing Agreement, (i) The Securities Administrator shall file with the Commission on behalf of the Issuer, with a copy to the Issuer within 15 days before the Issuer is required to file the same with the Commission, the annual reports and the information, documents and other reports (or such portions of any of the foregoing as the Commission may from time to time by rules and regulations prescribe) that the Issuer may be required to file with the Commission pursuant to Section 13 or 15(d) of the Exchange Act; (ii) The Securities Administrator shall file with the Commission, on behalf of the Issuer, in accordance with rules and regulations prescribed from time to time by the Commission such additional information, documents and reports with respect to compliance by the Issuer with the conditions and covenants of this Indenture as may be required from time to time by such rules and regulations; (iii) The Securities Administrator shall supply (and the Securities Administrator shall transmit by mail to all Noteholders described in TIA § 313(c)) such summaries of any information, documents and reports required to be filed by the Issuer pursuant to clauses (i) and (ii) of this Section 7.03(a) and by rules and regulations prescribed from time to time by the Commission; and (iv) For each Distribution Date, through and including the Distribution Date in December 20062007, the Securities Administrator shall calculate the Significance Percentage of the Interest Rate Swap Agreement. If on any such Distribution Date, the Significance Percentage is equal to or greater than 9%, the Securities Administrator shall promptly notify the Depositor and the Depositor, on behalf of the Securities Administrator, shall obtain the financial information required to be delivered by the Swap Provider pursuant to the terms of the Interest Rate Swap Agreement. If, on any succeeding Distribution Date through and including the Distribution Date in December 20062007, the Significance Percentage is equal to or greater than 10%, the Securities Administrator shall promptly notify the Depositor and the Depositor shall, within 5 Business Days of such Distribution Date, deliver to the Securities Administrator the financial information provided to it by the Swap Provider for inclusion in the Form 10-D relating to such Distribution Date. With respect to any Payment Date, for purposes of determining the numerator of the fraction that constitutes the Significance Percentage, the interest rate used to project future amounts payable under the Interest Rate Swap Agreement shall be equal to the highest rate reflected on the Implied Forwards Curve available at Bloomberg Financial Markets, L.P. for the remaining term of the Interest Rate Swap Agreement plus the percentage equivalent of a fraction, the numerator of which is 3.00% and the denominator of which is the remaining Payment Dates on which the Securities Administrator is entitled to receive payments under the Interest Rate Swap Agreement). The discount rate used to determine the net present value of the estimated future amounts payable shall be equal to the lowest rate reflected on the Implied Forwards Curve. The Securities Administrator shall obtain the Implied Forwards Curve from Bloomberg within 15 Business Days of the respective Payment Date. To determine the Implied Forwards Curve for such Payment Date, the Securities Administrator shall take the following steps on the Bloomberg terminal: (1) the following keystrokes shall be entered: fwcv , 32 (or any such other number as represents the United States) , 3 ; (2) the Forwards shall be set to “1-Mo”; (3) the Intervals shall be set to “1-Mo”; and (4) the Points shall be set to equal the remaining term of the Interest Rate Swap Agreement in months and the Securities Administrator shall click . For purposes of estimating future amounts payable under the Interest Rate Swap Agreement, the accrual period for both the Fixed Amounts and the Floating Amounts (as defined in the Confirmation) shall be assumed to be a 30-day period in a 360-day year. (b) Unless the Issuer otherwise determines, the fiscal year of the Issuer shall end on December 31st of each year.

Reports of Issuer. (a) Subject to Section 3.13 of the Servicing Agreement, (i) The Securities Administrator shall file with the Commission on behalf of the Issuer, with a copy to the Issuer within 15 days before the Issuer is required to file the same with the Commission, the annual reports and the information, documents and other reports (or such portions of any of the foregoing as the Commission may from time to time by rules and regulations prescribe) that the Issuer may be required to file with the Commission pursuant to Section 13 or 15(d) of the Exchange Act; (ii) The Securities Administrator shall file with the Commission, on behalf of the Issuer, in accordance with rules and regulations prescribed from time to time by the Commission such additional information, documents and reports with respect to compliance by the Issuer with the conditions and covenants of this Indenture as may be required from time to time by such rules and regulations; (iii) The Securities Administrator shall supply (and the Securities Administrator shall transmit by mail to all Noteholders described in TIA § 313(c)) such summaries of any information, documents and reports required to be filed by the Issuer pursuant to clauses (i) and (ii) of this Section 7.03(a) and by rules and regulations prescribed from time to time by the Commission; and (iv) For each Distribution Date, through and including the Distribution Date in December 20062007, the Securities Administrator shall calculate the Significance Percentage of the Interest Rate Swap Agreement. If on any such Distribution Date, the Significance Percentage is equal to or greater than 9%, the Securities Administrator shall promptly notify the Depositor and the Depositor, on behalf of the Securities Administrator, shall obtain the financial information required to be delivered by the Swap Provider pursuant to the terms of the Interest Rate Swap Agreement. If, on any succeeding Distribution Date through and including the Distribution Date in December 20062007, the Significance Percentage is equal to or greater than 10%, the Securities Administrator shall promptly notify the Depositor and the Depositor shall, within 5 Business Days of such Distribution Date, deliver to the Securities Administrator the financial information provided to it by the Swap Provider for inclusion in the Form 10-D relating to such Distribution Date.

Reports of Issuer. (a) Subject to Section 3.13 of the Servicing Agreement, (i) The Securities Administrator Indenture Trustee shall file with the Commission on behalf of the Issuer, with a copy to the Issuer and the Bond Insurer within 15 days before the Issuer is required to file the same with the Commission, the annual reports and the information, documents and other reports (or such portions of any of the foregoing as the Commission may from time to time by rules and regulations prescribe) that the Issuer may be required to file with the Commission pursuant to Section 13 or 15(d) of the Exchange Act; (ii) The Securities Administrator Indenture Trustee shall file with the Commission, on behalf of the Issuer, in accordance with rules and regulations prescribed from time to time by the Commission such additional information, documents and reports with respect to compliance by the Issuer with the conditions and covenants of this Indenture as may be required from time to time by such rules and regulations;; and (iii) The Securities Administrator Indenture Trustee shall supply (and the Securities Administrator Indenture Trustee shall transmit by mail to all Noteholders Bondholders described in TIA § ss. 313(c)) such summaries of any information, documents and reports required to be filed by the Issuer pursuant to clauses (i) and (ii) of this Section 7.03(a) and by rules and regulations prescribed from time to time by the Commission; and . The Indenture Trustee shall be deemed to have satisfied the provisions of this Section 7.03(a)(i) through (iviii) For above by doing the following: Within 15 days after each Distribution Date, through and including the Distribution Date in December 2006, the Securities Administrator shall calculate the Significance Percentage of the Interest Rate Swap Agreement. If on any such Distribution Payment Date, the Significance Percentage is equal Indenture Trustee shall file with the Commission via the Electronic Data Gathering and Retrieval System (XXXXX) , a Form 8-K with a copy of the statement to or greater than 9%the Bondholders for such Payment Date as an exhibit thereto. Prior to January 31, 2001, the Securities Administrator Indenture Trustee shall promptly notify file a Form 15 Suspension Notification with respect to the Depositor Trust, if applicable. Prior to April 29, 2001, the Indenture Trustee shall file a Form 10-K, in substance conforming to industry standards, with respect to the Trust. The Issuer hereby grants to the Indenture Trustee a limited power of attorney to execute and the Depositor, file each such document on behalf of the Securities Administrator, Issuer. Such power of attorney shall obtain continue until either the financial information required to be delivered earlier of (i) receipt by the Swap Provider pursuant Indenture Trustee from the Issuer of written termination of such power of attorney and (ii) the termination of the Trust. The Issuer agrees to promptly furnish to the terms Indenture Trustee, from time to time upon request, such further information, reports, and financial statements within its control related to this Indenture and the Mortgage Loans as the Indenture Trustee reasonably deems appropriate to prepare and file all necessary reports with the Commission. The Indenture Trustee shall have no responsibility to file any items with the Commission other than those specified in this section. (b) Unless the Issuer otherwise determines, the fiscal year of the Interest Rate Swap Agreement. If, Issuer shall end on any succeeding Distribution Date through and including the Distribution Date in December 2006, the Significance Percentage is equal to or greater than 10%, the Securities Administrator shall promptly notify the Depositor and the Depositor shall, within 5 Business Days 31 of such Distribution Date, deliver to the Securities Administrator the financial information provided to it by the Swap Provider for inclusion in the Form 10-D relating to such Distribution Dateeach year.