Common use of Statements for Reserve Account Clause in Contracts

Statements for Reserve Account. On a monthly basis, the Servicer shall cause the Reserve Account Bank to provide the Borrower, the Servicer and the Managing Agents with a written statement with respect to the preceding calendar month regarding the Reserve Account in a form customary for statements provided by the Reserve Account Bank for other accounts held by it, which statement shall include, at a minimum, the amount on deposit in the Reserve Account, and the dates and amounts of all deposits, withdrawals and investment earnings with respect to the Reserve Account.

Appears in 6 contracts

Samples: Loan Agreement, Securitization Agreement, Loan Agreement (Lennar Corp /New/)

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Statements for Reserve Account. On a monthly basis, the Servicer shall cause the Reserve Account Bank to provide the BorrowerServicer, the Servicer Borrower and the Managing Agents Administrative Agent with a written statement with respect to the preceding calendar month regarding the Reserve Account in a form customary for statements provided by the Reserve Account Bank for other accounts held by it, which statement shall include, at a minimum, the amount on deposit in the Reserve Account, and the dates and amounts of all deposits, withdrawals and investment earnings with respect to the Reserve Account.

Appears in 1 contract

Samples: Loan Agreement (American Home Mortgage Investment Corp)

Statements for Reserve Account. On a monthly basis, the Servicer shall cause the Reserve Account Bank to provide the BorrowerServicer, the Servicer Sellers and (upon request) the Managing Agents Administrative Agent with a written statement with respect to the preceding calendar month regarding the Reserve Account in a form customary for statements provided by the Reserve Account Bank for other accounts held by it, which statement shall include, at a minimum, the amount on deposit in the Reserve Account, and the dates and amounts of all deposits, withdrawals and investment earnings with respect to the Reserve Account.

Appears in 1 contract

Samples: Repurchase Agreement (American Home Mortgage Investment Corp)

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Statements for Reserve Account. On a monthly basis, the Servicer shall cause the Reserve Account Bank to provide the BorrowerServicer, the Servicer Borrower and (upon request) the Managing Agents Administrative Agent with a written statement with respect to the preceding calendar month regarding the Reserve Account in a form customary for statements provided by the Reserve Account Bank for other accounts held by it, which statement shall include, at a minimum, the amount on deposit in the Reserve Account, and the dates and amounts of all deposits, withdrawals and investment earnings with respect to the Reserve Account.

Appears in 1 contract

Samples: Loan Agreement (American Home Mortgage Investment Corp)

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