Common use of Reports to the Trustee Clause in Contracts

Reports to the Trustee. CUSTODIAL ACCOUNT FOR P&I STATEMENTS With respect to WMMSC, on or before 12:00 noon (New York City time) on the second Business Day following the 18th day of the month in which each Distribution Date occurs, and with respect to AAMG, on or before each Determination Date, such Servicer shall deliver or cause to be delivered to the Trustee or its designee a statement in electronic or written form as may be agreed upon by such Servicers and the Trustee containing the information described in Section 4.2 and such other information as may be necessary for the Trustee to distribute the amounts to be distributed to the Certificateholders by the Trustee (the "Servicer's Section 3.10 Report"). Not later than 25 days after each Distribution Date, each Servicer shall forward or cause to be forwarded to the Trustee a statement, certified by a Servicing Officer, setting forth the status of the Custodial Account for P&I as of the close of business on the related Distribution Date, stating that all distributions from the Custodial Account for P&I required to be made by this Agreement have been made for the period covered by such statement (or if any required distribution has not been made, specifying the nature and status thereof) and showing, for the period covered by such statement, the aggregate of deposits into the Certificate Account and withdrawals from the Custodial Account for P&I for each category of deposit specified in Section 3.2 and each category of withdrawal specified in Section 3.3. Such statement shall also include information as to the aggregate Principal Balance of all of the Loans as of the last day of the calendar month immediately preceding such Distribution Date. Copies of such statement shall be provided to any Certificateholder upon request by the related Servicer, or by the Trustee so long as the Trustee has received the report as stipulated above at such Servicer's expense if such Servicer shall fail to provide such copies.

Reports to the Trustee. CUSTODIAL ACCOUNT FOR P&I STATEMENTS With As long as there are any Debentures in circulation and as long as any payment is due with respect thereto, the Company shall provide the Trustee with: (a) Audited financial statements of the Company for the fiscal year ended December 31 of the previous year, or parts thereof, no later than 14 days after they are signed, provided however that such financial statements or parts thereof (as the case may be) are published by the Company’s parent company, Internet Gold Ltd. and/or by the Company (if it becomes a Reporting Corporation), and that in any other event, the Trustee shall not be entitled to WMMSCinspect these documents. (b) Semi-annual and quarterly reports, on no later than 10 days after they are signed, provided however that such financial statements or parts thereof (as the case may be) are published by the Company’s parent company, Internet Gold Ltd. and/or by the Company (if it becomes a Reporting Corporation), together with an auditor’s review, and that in any other event, the Trustee shall not be entitled to inspect these documents. (c) No later than December 31 of every year, confirmation from the Company’s auditor regarding payment (including date) of the amounts of the Interest and/or Principal whose payment was due before 12:00 noon (New York City time) the date of such confirmation, and confirmation regarding the balance of Debentures in circulation on the second Business Day following controlling date for payment of Interest. (d) The Company shall attach to the 18th day of the month in which each Distribution Date occurs, and with respect to AAMG, on or before each Determination Date, such Servicer shall deliver or cause to be financial statements delivered to the Trustee or in accordance with Section (a) above, a certificate executed by a director of the Company and by its designee CEO, confirming that the Company has not violated the terms of this Deed, except to the extent stated in such certificate. (e) Copies of all documents that the Company has delivered to Holders and any information that the Company has given them in any other manner, and any additional information as reasonably required by the Trustee. (f) In the event that the Company becomes a statement Reporting Corporation, as defined in electronic or written form as may the Law - copies of any immediate report issued by the Company, within 3 days of the issuance of such report. Such reports shall be agreed upon by such Servicers prepared and filed in accordance with the forms and timetables set forth in the Law and the Trustee containing regulations promulgated thereunder. At the information described in Section 4.2 and such other information as may be necessary for request of the Holders, the Trustee to distribute the amounts to be distributed to the Certificateholders by the Trustee (the "Servicer's Section 3.10 Report"). Not later than 25 days after each Distribution Date, each Servicer shall forward or cause to be forwarded to the Trustee a statement, certified by a Servicing Officer, setting forth the status furnish them with copies of the Custodial Account for P&I as documents enumerated above, subject to payment by Holders of the close cost of business on the related Distribution Date, stating that all distributions from the Custodial Account for P&I required to be made by this Agreement have been made for the period covered by such statement (or if any required distribution has not been made, specifying the nature photocopying and status thereof) and showing, for the period covered by such statement, the aggregate of deposits into the Certificate Account and withdrawals from the Custodial Account for P&I for each category of deposit specified in Section 3.2 and each category of withdrawal specified in Section 3.3. Such statement shall also include information as to the aggregate Principal Balance of all of the Loans as of the last day of the calendar month immediately preceding such Distribution Date. Copies of such statement shall be provided to any Certificateholder upon request by the related Servicer, or by the Trustee so long as the Trustee has received the report as stipulated above at such Servicer's expense if such Servicer shall fail to provide such copiesdelivery.

Reports to the Trustee. CUSTODIAL ACCOUNT FOR P&I STATEMENTS With respect to WMMSC, on or before 12:00 noon (New York City time) on the second Business Day following the 18th day of the month in which each Distribution Date occurs, and with respect to AAMG, on or before each Determination Date, such Servicer shall deliver or cause to be delivered to the Trustee or its designee a statement in electronic or written form as may be agreed upon by such Servicers and the Trustee containing the information described in Section 4.2 and such other information as may be necessary for the Trustee to distribute the amounts to be distributed to the Certificateholders by the Trustee (the "Servicer's Section 3.10 Report")Certificate Account -------------------------------------------- Statement. Not later than 25 15 days after each Distribution Date, each --------- the Master Servicer shall forward or cause to be forwarded to the Trustee a statement, certified by a Servicing Officer, to the Trustee setting forth the status of the Custodial Certificate Account for P&I as of the close of business on the related such Distribution Date, stating that all distributions from the Custodial Account for P&I required to be made by this Agreement have been made for the period covered by such statement (or if any required distribution has not been made, specifying the nature and status thereof) Date and showing, for the period covered by such statement, the aggregate of deposits into the Certificate Account and withdrawals from the Custodial Certificate Account for P&I for each category of deposit specified in Section 3.2 3.04 and each category of withdrawal specified in Section 3.33.05, and stating that all distributions required by this Agreement have been made (or if any required distribution has not been made, specifying the nature and amount thereof). Such statement The Trustee shall also include information as to the aggregate Principal Balance of all of the Loans as of the last day of the calendar month immediately preceding provide such Distribution Date. Copies of such statement shall be provided statements to any Certificateholder upon request at the expense of the Master Servicer. Such statement shall also, to the extent available, include information regarding delinquencies on the Mortgage Loans, indicating the number and aggregate Principal Balance of Mortgage Loans which are one, two, three or more months delinquent, the number and aggregate Principal Balance of Mortgage Loans with respect to which foreclosure proceedings have been initiated and the book value of any Mortgaged Property acquired by the related ServicerREMIC I Trust Fund through foreclosure, deed in lieu of foreclosure or by other exercise of the Trustee so long as REMIC I Trust Fund's security interest in the Trustee has received the report as stipulated above at such Servicer's expense if such Servicer shall fail to provide such copiesMortgaged Property.

Reports to the Trustee. CUSTODIAL ACCOUNT FOR P&I STATEMENTS With respect to WMMSC, on or before 12:00 noon (New York City timea) on the second Business Day following the 18th day of the month in which each Distribution Date occurs, and with respect to AAMG, on or before each Determination Date, such Servicer shall deliver or cause to be delivered to the Trustee or its designee a statement in electronic or written form as may be agreed upon by such Servicers and the Trustee containing the information described in Section 4.2 and such other information as may be necessary for the Trustee to distribute the amounts to be distributed to the Certificateholders by the Trustee (the "Servicer's Section 3.10 Report"). Not later than 25 30 days after each Distribution Date, each Servicer shall the Securities Administrator shall, upon request, forward or cause to be forwarded to the Trustee a statement, deemed to have been certified by a Servicing Officerofficer of the Securities Administrator, setting forth the status of the Custodial Collection Account for P&I maintained by the Securities Administrator as of the close of business on the related Distribution Date, stating indicating that all distributions from the Custodial Account for P&I payments required by this Agreement to be made by this Agreement the Securities Administrator have been made for the period covered by such statement (or if any required distribution payment has not been mademade by the Securities Administrator, specifying the nature and status thereof) and showing, for the period covered by such statement, the aggregate of deposits into the Certificate Account and withdrawals from the Custodial Collection Account for P&I for each category of deposit specified in Section 3.2 and each category of withdrawal specified in Section 3.3. Such statement shall also include information as to maintained by the aggregate Principal Balance of all of the Loans as of the last day of the calendar month immediately preceding such Distribution DateSecurities Administrator. Copies of such statement shall be provided to any Certificateholder upon request by the related ServicerSecurities Administrator, upon request, to the Depositor, Attention: Contract Finance and any Certificateholders (or by the Trustee so long as at the Trustee has received the report as stipulated above at such Servicer's Securities Administrator’s expense if such Servicer the Securities Administrator shall fail to provide such copiescopies to the Certificateholders, unless (i) the Securities Administrator shall have failed to provide the Trustee with such statement or (ii) the Trustee shall be unaware of the Securities Administrator’s failure to provide such statement). (b) Not later than two Business Days following each Distribution Date, the Securities Administrator shall deliver to one Person designated by the Depositor, in a format consistent with other electronic loan level reporting supplied by the Master Servicer in connection with similar transactions, “loan level” information with respect to the Mortgage Loans as of the related Determination Date, to the extent that such information has been provided to the Master Servicer by the Servicers or Subservicer or by the Depositor. (c) All information, reports and statements prepared by the Securities Administrator under this Agreement shall be based on information supplied to the Master Servicer by the Servicers without independent verification thereof and the Master Servicer and the Securities Administrator shall be entitled to rely on such information.