Common use of Statements and Certificates to Purchaser Clause in Contracts

Statements and Certificates to Purchaser. (a) Within one hundred and twenty (120) days after the close of each fiscal year of Master Servicer, beginning with the fiscal year ending May 31, 2010, the Master Servicer shall deliver to Xxxxxx Mac an Annual Officer’s Certificate. If the aggregate outstanding principal balance of all the Qualified Loans purchased by Xxxxxx Mac under this Master Agreement exceeds $500 million in the future, the Master Servicer shall also provide such assertion letters and attestation reports as Xxxxxx Mac may require to reasonably comply with applicable laws and regulations, the form of which letters and reports shall be agreed upon between Xxxxxx Mac and the Master Servicer.

Statements and Certificates to Purchaser. (a) Within one hundred and twenty sixty (12060) days after the close of each fiscal year of Master Servicercalendar year, beginning with the fiscal calendar year ending May December 31, 20102009, the Master Servicer shall deliver to Xxxxxx Fxxxxx Mac an Annual Officer’s a Servicing Certificate. If the aggregate outstanding principal balance of all the Qualified Loans purchased by Xxxxxx Fxxxxx Mac under this Master Agreement exceeds $500 million in the future, the Master Servicer shall also provide such assertion letters and attestation reports as Xxxxxx Fxxxxx Mac may require to reasonably comply with applicable laws and regulations, the form of which letters and reports shall be agreed upon between Xxxxxx Fxxxxx Mac and the Master Servicer.