Common use of Reports to Trustee Clause in Contracts

Reports to Trustee. On or before the third Business Day of each month, the Servicer shall cause to be delivered to the Trustee and the Insurer a monthly servicing report in electronic format containing the information required by the Trustee to prepare the information set forth in Section 4.04(a). The Trustee may conclusively rely on information provided by the Servicer and shall have no obligation to recompute, recalculate, or verify the accuracy of such information.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Asset Backed Securities Corp), Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)

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Reports to Trustee. On or before the third Business Day of each month, the Servicer shall cause to be delivered to the Trustee and the Certificate Insurer a monthly servicing report in electronic format containing the information required by the Trustee to prepare the information set forth in Section 4.04(a). The Trustee may conclusively rely on information provided by the Servicer and shall have no obligation to recompute, recalculate, or verify the accuracy of such information.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Chevy Chase Bank FSB)

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Reports to Trustee. On or before the third Business Day of prior to each monthDistribution Date, the Servicer shall cause to be delivered deliver to the Trustee and the Insurer a monthly servicing report in electronic format containing the information required by the Trustee to prepare the information set forth in Section 4.04(a). The Trustee may conclusively rely on information provided by the Servicer and shall have no obligation to recompute, recalculate, or verify the accuracy of such information.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Credit Suisse First Boston Mor Pass THR Cert Ser 2000-9)

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