REPORTS TO BONDHOLDERS Sample Clauses

REPORTS TO BONDHOLDERS. On each Payment Date, the Master Servicer shall make available to each Bondholder and the Rating Agencies a statement (based on information received from each Servicer) generally setting forth, among other things (a “Payment Date Statement”): • the amount of the payments, separately identified, with respect to each Class of Bonds; • with respect to each Class of Bonds, the amount of the payments set forth in the first clause above allocable to principal, separately identifying the aggregate amount of any principal prepayments or other unscheduled recoveries of principal included in that amount; • with respect to each Class of Bonds, the amount of the distributions set forth in the first clause above allocable to interest; • the amount of any unpaid Interest Shortfall, Basis Risk Shortfall or Unpaid Basis Risk Shortfall (if applicable) with respect to each Class of Bonds; • the Class Principal Amount of each Class of Bonds after giving effect to the distribution of principal on that Payment Date; • the Pool Stated Principal Balance (including the aggregate Stated Principal Balances of the Six-Month LIBOR Loans and the One-Month LIBOR Loans) and the Net WAC of the Mortgage Loans (including the Net WAC of the Six-Month LIBOR Loans and the One-Month LIBOR Loans) at the end of the related Prepayment Period; • the aggregate principal balance of the Mortgage Loans at the end of the related Prepayment Period; • the Pro Rata Senior Percentage, Senior Percentage and Subordinate Percentage for the following Payment Date; • the Senior Prepayment Percentage and Subordinate Prepayment Percentage for the following Payment Date; • the amount of the Master Servicing Fee and the Servicing Fee paid to or retained by each Servicer; • the amount of Advances for the related Due Period; • the number and aggregate principal balance of the Mortgage Loans that were (A) Delinquent (exclusive of Mortgage Loans in foreclosure) (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, (B) in foreclosure and delinquent (1) 30 to 59 days, (2) 60 to 89 days and (3) 90 or more days and (C) in bankruptcy as of the close of business on the last day of the calendar month preceding that Payment Date; • for any Mortgage Loan as to which the related mortgaged property was an REO Property during the preceding calendar month, the loan number, the principal balance of that Mortgage Loan as of the close of business on the last day of the related Due Period and the date of acquisition of the REO ...
Sample 1
AutoNDA by SimpleDocs
REPORTS TO BONDHOLDERS. 54 Section 6.01. Reports to Bondholders and Others.....................................................54 Section 6.02. Certain Communications with the Rating Agencies.......................................54 Section 6.03.
Sample 1
REPORTS TO BONDHOLDERS. 45 Section 2.17. [RESERVED].............................................................47 Section 2.18. BASIS RISK RESERVE FUND................................................47 Section 2.19. [RESERVED].............................................................47 Section 2.20.
Sample 1

Related to REPORTS TO BONDHOLDERS

  • STATEMENTS TO BONDHOLDERS (a) With respect to each Payment Date, the Indenture Trustee shall make available via the Indenture Trustee's website https://www.corporatetrust.db.com/ixxx xx xxxxxxx xx xxx xxxxxxxxx'x xxxxon to each Bondholder and each Certificateholder, the Derivative Contract Counterparty, the Depositor, the Owner Trustee, the Certificate Paying Agent and each Rating Agency, a statement setting forth the following information as to the Bonds, to the extent applicable:

  • Reports to Noteholders On each Payment Date, the Indenture Trustee shall account to the Agent and each Noteholder the portion of payments then being made which represents principal and the amount which represents interest, and shall contemporaneously advise the Issuer of all such payments. The Indenture Trustee may satisfy its obligations under this Section 3.5 by making available electronically the Monthly Servicer Report to the Agent, the Noteholders and the Issuer; provided, however, the Indenture Trustee shall have no obligation to provide such information described in this Section 3.5 until it has received the requisite information from the Issuer or the Servicer. On or before the fifth day prior to the final Payment Date with respect to any Class, the Indenture Trustee shall send notice of such Payment Date to the Agent and the Noteholders of such Class. Such notice shall include a statement that if such Notes are paid in full on the final Payment Date, interest shall cease to accrue as of the day immediately preceding such final Payment Date. In addition, the Indenture Trustee shall deliver to the Noteholders, all notices, compliance reports and other certificates delivered by the Servicer or the Issuer pursuant to this Indenture. At a Noteholder’s request, the Indenture Trustee agrees to provide such Noteholder an accounting of balances in the General Reserve Account. The Indenture Trustee may make available to the Noteholders and the Agent, via the Indenture Trustee’s internet website, the Monthly Servicer Report available each month and, with the consent or at the direction of the Issuer, such other information regarding the Notes and/or the Timeshare Loans as the Indenture Trustee may have in its possession, but only with the use of a password provided by the Indenture Trustee or its agent to such Person upon receipt by the Indenture Trustee from such Person of a certification in the form of Exhibit F; provided, however, that the Indenture Trustee or its agent shall provide such password to the parties to this Indenture and the Agent without requiring such certification. The Indenture Trustee will make no representation or warranties as to the accuracy or completeness of such documents and will assume no responsibility therefor. The Indenture Trustee’s internet website shall be specified by the Indenture Trustee from time to time in writing to the Issuer, the Servicer and the Noteholders. For assistance with this service, Noteholders may call the customer service desk at (000) 000-0000. In connection with providing access to the Indenture Trustee’s internet website, the Indenture Trustee may require registration and the acceptance of a disclaimer. The Indenture Trustee shall not be liable for the dissemination of information in accordance with this Indenture. The Indenture Trustee shall have the right to change the way Monthly Servicer Reports are distributed in order to make such distribution more convenient and/or more accessible to the above parties and the Indenture Trustee shall provide timely and adequate notification to all above parties regarding any such changes. Annually (and more often, if required by applicable law), the Indenture Trustee shall distribute to the Noteholders any Form 1099 or similar information returns required by applicable tax law to be distributed to the Noteholders. The Paying Agent shall prepare or cause to be prepared all such information for distribution by the Indenture Trustee to the Noteholders.

  • Reports to Holders Whether or not required by the rules and regulations of the SEC, so long as any Notes are outstanding, the Company will furnish the Holders and the Trustee:

  • Reports to Owners Promptly upon their distribution, copies of all financial statements, reports and proxy statements which the Borrower shall have sent to its Owners.

  • Reports to Board Custodian shall provide written reports notifying the Board of the placement of Assets with a particular Foreign Custodian and of any material change in a Series’ foreign custody arrangements. Such reports shall be provided to the Board quarterly, except as otherwise agreed by the Custodian and the Fund.

  • Periodic Reports to Property Trustee Each of the Depositor and the Administrators on behalf of the Issuer Trust shall provide to the Property Trustee, the Commission and the Holders of the Trust Securities, as applicable, such documents, reports and information as required by Section 314(a)(1)-(3) (if any) of the Trust Indenture Act and the compliance certificates required by Section 314(a)(4) and (c) of the Trust Indenture Act (provided that any certificate to be provided pursuant to Section 314(a)(4) of the Trust Indenture Act shall be provided within 120 days of the end of each fiscal year of the Issuer Trust).

  • Reports to Unitholders The Partnership will make generally available to its unitholders and to the Representatives an earnings statement or statements of the Partnership and its subsidiaries which will satisfy, on a timely basis, the provisions of Section 11(a) of the Act and Rule 158 under the Act.

  • Reports to Fund The Manager shall furnish to or place at the disposal of the Corporation or Fund, as appropriate, such information, reports, evaluations, analyses, and opinions as they may, at any time or from time to time, reasonably request or as the Manager may deem helpful to the Fund.

  • REPORTS TO EACH SERIES The Administrator shall prepare and furnish to each Series such reports, statistical data and other information in such form and at such intervals as such Series may reasonably request.

  • Reports to Owner We will send you a report at least once during each Contract Year. The report will show the Accumulation Value and the Cash Surrender Value as of the end of the Contract Processing Period. The report will also show the allocation of the Accumulation Value as of such date and the amounts deducted from or added to the Accumulation Value since the last report. The report will also include any information that may be currently required by the insurance supervisory official of the jurisdiction in which the Contract is delivered. We will also send you copies of any shareholder reports of the portfolios in which the Divisions of the Variable Separate Account invest, as well as any other reports, notices or documents required by law to be furnished to Owners.

Time is Money Join Law Insider Premium to draft better contracts faster.