Common use of Reports to Internal Revenue Service and Others Clause in Contracts

Reports to Internal Revenue Service and Others. The Trust will (i) cause to be prepared all Periodic Filings, (ii) make such elections and file such tax returns relating to the Trust as the Depositor may direct in a notice delivered to the Owner Trustee in accordance with Section 10.05, and (iii) cause to be mailed to the Depositor any or all of such reports and tax returns within 90 days of the end of the Fiscal Year; provided, however, that the Trust shall be deemed to be in compliance with this provision by its execution of the Management Agreement.

Appears in 4 contracts

Samples: Deposit Trust Agreement (American Residential Eagle Inc), Deposit Trust Agreement (American Residential Eagle Inc), Deposit Trust Agreement (Sequoia Mortgage Funding Corp)

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Reports to Internal Revenue Service and Others. The Trust will (i) cause to be prepared all Periodic Filingsperiodic filings, (ii) make such elections and file such tax returns relating to the Trust as the Depositor may direct in a notice delivered to the Owner Trustee in accordance with Section 10.0510.04, and (iii) cause to be mailed to the Depositor any or all of such reports and tax returns within 90 days of the end of the Fiscal Year; provided, however, that the Trust shall be deemed to be in compliance with this provision by its execution of the Management Agreement.

Appears in 1 contract

Samples: Deposit Trust Agreement (Bear Stearns Asset Backed Securities Inc)

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