Common use of Statements to Certificateholders Clause in Contracts

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Account and with respect to each Distribution Date the Master Servicer shall forward to the Trustee and the Trustee shall either forward by mail or make available to each Holder and the Company, via the Trustee's internet website, a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information set forth in an exhibit to the Series Supplement. Such exhibit shall set forth the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon the written request of any Certificateholder, the Master Servicer, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.

Appears in 54 contracts

Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (Residential Accredit Loans Inc), Series Supplement to Pooling and Servicing Agreement (Residential Accredit Loans Inc)

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Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Account and with respect The Owner Trustee shall promptly give notice to each Distribution Date Certificateholder of any change in the Master Servicer shall forward Indenture Trustee’s website pursuant to which the Trustee and the Trustee shall either forward by mail or make Servicer’s Report is made available to each Holder and the Company, via the Trustee's internet website, a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information set forth in an exhibit to Owner Trustee is notified of such change by the Series Supplement. Such exhibit shall set forth the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the CompanyAdministrator, the Master Servicer and or the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master ServicerIndenture Trustee in writing. (b) Within a reasonable period To the extent the Owner Trustee has assumed the role of time after Relevant Trustee pursuant to the end terms of each calendar yearSection 6.7, the Master Servicer shall prepare, Owner Trustee may make all reports or cause notices required to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements Owner Trustee under Section 7.4 of the CodeIndenture available via its website; provided, however, that the Owner Trustee shall, if requested by the Administrator, deliver any such reports or notices in writing or via email to the Administrator. Any information that is disseminated in accordance with the provisions of this Section 7.4 shall not be required to be disseminated in any other form or manner. The Owner Trustee will make no representations or warranties as to the accuracy or completeness of such documents and will assume no responsibility therefor. (c) Within a reasonable period of The Owner Trustee’s website shall be initially located at xxxxx://XXXXxxxxxxxXxxxxxxxx.xxxxxxxxx.xxx or at such other address as shall be specified by the Owner Trustee from time after to time in writing to the end of each calendar yearCertificateholders, the Master Servicer shall prepareServicer, the Issuer or cause any Paying Agent. In connection with providing access to be preparedthe Owner Trustee’s website, the Owner Trustee may require registration and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder acceptance of a Class R Certificate, a statement containing disclaimer. The Owner Trustee shall not be liable for the applicable distribution dissemination of information provided pursuant to in accordance with this Section 4.03 aggregated for such calendar year Agreement. The Owner Trustee shall notify Certificateholders in writing of any changes in the address or applicable portion thereof during which such Person was the Holder means of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied access to the extent that substantially comparable information shall website where the reports are accessible. Assistance in access to the website can be provided obtained by calling the Master Servicer pursuant to any requirements of the CodeOwner Trustee’s customer service desk at 000-000-0000. (d) Upon receipt by the written request Owner Trustee from the Depositor of any Certificateholderreports or general loan data, the Master ServicerOwner Trustee will make such reports or data available to the Certificateholders via its website as specified pursuant to clause (c) above; provided, as soon as reasonably practicablethat the Owner Trustee shall not be required to forward any such reports to any Certificateholder who is the Depositor or an Affiliate of the Depositor. The Owner Trustee shall have no duty or obligations to review, verify or confirm the reports or any information contained therein, and shall provide the requesting Certificateholder with such information as is necessary and appropriate, have no liability in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.connection therewith.

Appears in 16 contracts

Samples: Trust Agreement (Capital One Prime Auto Receivables Trust 2024-1), Trust Agreement (Capital One Prime Auto Receivables Trust 2023-2), Trust Agreement (Capital One Prime Auto Receivables Trust 2023-2)

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Account and with respect to each Distribution Date the Master Servicer shall forward to the Trustee and the Trustee shall either forward by mail or make available to each Holder and the Company, via the Trustee's internet website, a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information set forth in an exhibit to the Series Supplement. Such exhibit shall set forth the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide 66 prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon the written request of any Certificateholder, the Master Servicer, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc), Pooling and Servicing Agreement (Residential Accredit Loans Inc), Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Account and with respect to each Distribution Date the Master Servicer shall forward to the Trustee and the Trustee shall either forward by mail or make available to each Holder and the Company, via the Trustee's internet website, Company a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information set forth in an exhibit to the Series Supplement. Such exhibit shall set forth the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon the written request of any Certificateholder, the Master Servicer, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc), Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (Residential Accredit Loans Inc)

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Account and with respect to each Distribution Date the Master Servicer shall forward to the Trustee and the Trustee shall either forward by mail or make available to each Holder and the Company, via the Trustee's internet website, a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information set forth in an exhibit to the Series Supplement. Such exhibit shall set forth the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon the written request of any Certificateholder, the Master Servicer, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Account and with respect to each Distribution Date the Master Servicer shall forward to the Trustee and the Trustee shall either forward by mail or make available to each Holder and the Company, via the Trustee's internet website, a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information set forth in an exhibit to the Series Supplement. Such exhibit shall set forth the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon the written request of any Certificateholder, the Master Servicer, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.a

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)

Statements to Certificateholders. (a) Concurrently On each Regular Distribution Date and Special Distribution Date, the Pass Through Trustee will include with each distribution charged of a Scheduled Payment or a Special Payment to the Certificate Account and with respect Certificateholders a statement, giving effect to each such distribution to be made on such Regular Distribution Date or Special Distribution Date, as the Master Servicer shall forward case may be, setting forth the following information (for each $1,000 face amount Certificate as to the Trustee (i) and (ii) below): (i) The amount of such distribution allocable to principal and the Trustee shall either forward by mail or make available amount allocable to each Holder Make-Whole Amount, if any; (ii) The amount of such distribution allocable to interest; and (iii) The Pool Balance and the Company, via the Trustee's internet website, a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information set forth in an exhibit to the Series Supplement. Such exhibit shall set forth the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master ServicerFactor. (b) Within a reasonable period of time after the end of each calendar yearyear but not later than the latest date permitted by law, the Master Servicer Pass Through Trustee shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, furnish to each Person who at any time during the such calendar year was the Holder a Certificateholder of a Certificate, other than a Class R Certificate, record a statement containing the information set forth in sum of the amounts determined pursuant to clauses (ia)(i) and (iia)(ii) of the exhibit this Section 4.3 with respect to the Series Supplement referred to in subsection (a) above aggregated Pass Through Trust for such calendar year or applicable portion thereof during which or, in the event such Person was a Certificateholder. Such obligation Certificateholder of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements record during a portion of the Code. (c) Within a reasonable period of time after the end of each such calendar year, for the Master Servicer applicable portion of such year, and such other items as are readily available to the Pass Through Trustee and which a Certificateholder shall prepare, or cause reasonably request as necessary for the purpose of such Certificateholder's preparation of its Federal income tax returns. Such report and such other items shall be prepared on the basis of information supplied to the Pass Through Trustee by the Clearing Agency Participants and shall be delivered by the Pass Through Trustee to such Clearing Agency Participants to be prepared, and shall forward, or cause available for forwarding by such Clearing Agency Participants to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the CodeCertificate Owners. (d) Upon the written request of any Certificateholder, the Master Servicer, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.

Appears in 3 contracts

Samples: Pass Through Trust Agreement (Union Tank Car Co), Pass Through Trust Agreement (Union Tank Car Co), Pass Through Trust Agreement (Union Tank Car Co)

Statements to Certificateholders. (a) Concurrently with each distribution charged to Certificateholders pursuant to this Article V, the Trustee shall mail, or cause the Paying Agent to mail, to each Certificateholder at the address appearing on the Certificate Account Register the Monthly Report prepared by the Servicer together with the following information prepared by the Servicer: (1) the amount of fees and expenses payable out of the Trust Fund for such Collection Period; (2) the percentage obtained by dividing the aggregate Certificate Balances with respect to each Distribution Date the Master Servicer shall forward Class (after giving effect to the Trustee and distributions on the Trustee shall either forward Certificates made on such Distribution Date) by mail or make available the aggregate Initial Certificate Balances with respect to each Holder and the Company, via the Trustee's internet website, a statement Class; (and at its option, any additional files containing the same information in an alternative format3) setting forth information as to each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information set forth in an exhibit to the Series Supplement. Such exhibit shall set forth the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional other customary factual information as is reasonably obtainable by the Master Servicer at no additional expense available to the Master Servicer. (b) Servicer as the Servicer deems necessary and can obtain reasonably from its existing data base to enable Certificateholders to prepare their tax returns. In the case of information furnished with respect to a dollar amount, the amounts shall be expressed as a dollar amount per Certificate with a $1,000 denomination. Within a reasonable period of time after the end of each calendar year, subject to the Master next sentence, but in no event later than 90 days after the end of such year, the Servicer shall prepareprepare and furnish to the Trustee, the Insurer, the Paying Agent and the Certificate Administrator, and the Trustee, promptly upon receipt, shall furnish or cause the Paying Agent to be prepared, and shall forward, or cause to be forwarded, furnish to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (b) and (c) of Section 5.04, in the case of Class A-1 Certificateholders , (f) and (g) of Section 5.04, in the case of Class A-2 Certificateholders and (i) and (iij) of Section 5.04, in the exhibit to the Series Supplement referred to in subsection (a) above case of Class A-3 Certificateholders, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Code as from time to time in force. On each Distribution Date, the Servicer shall forward or cause to be forwarded by mail to each Holder of a Class R Certificate, a copy of the Monthly Report for such Distribution Date. The Servicer shall also forward or cause to be forwarded by mail to each Holder of a Class R Certificate, a statement setting forth such information as the Servicer deems necessary or appropriate. Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, furnish or cause to be prepared, and shall forward, or cause to be forwarded, furnished to each Person who at any time during the calendar year was the a Holder of a Class R Certificate, Certificate a statement containing the applicable distribution information provided pursuant to this Section 4.03 5.07 aggregated for such calendar year or applicable portion thereof during which such Person was the a Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon . A Certificate Owner holding Certificates of a Class representing in the aggregate at least 5% of the Percentage Interests of such Class shall, upon written request to the Trustee certifying its beneficial ownership of any Certificateholdersuch Certificates, be entitled to receive copies of all reports provided by the Master Servicer, as soon as reasonably practicable, Trustee. Copies of all reports provided by the Trustee to the Certificateholders shall provide also be provided to each Rating Agency and the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.Insurer.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Greenpoint Credit LLC), Pooling and Servicing Agreement (Greenpoint Credit LLC)

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Account and with respect to each Distribution Date the Master Servicer shall forward to the Trustee and the Trustee shall either forward by mail or make available to each Holder and the Company, via the Trustee's internet website, a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, Certificates and the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicablePool. This statement will include the information set forth in an exhibit Exhibit Three hereto. On the first Distribution Date, the Trustee shall mail to each Holder a paper copy of such statement. On each Distribution Date after the Series Supplement. Such exhibit shall set forth first Distribution Date, the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon the written request of any Certificateholder, the Master Servicer, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A. (e) On the first Distribution Date, the Trustee will forward by mail to each Certificateholder and other parties to the Agreement the reports referred to in this Section 4.03. On each Distribution Date after the first Distribution Date, the Trustee will make the reports referred to in this Section 4.03 (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and other parties to the Agreement via the Trustee's website, which is presently located at www.abs.bankone.cxx. Xxxxxxx xxxx are unable to use the above website are entitled to have a paper copy mailed to them via first class mail by calling the Trustee at (800) 524-9472. Xx xxxx Xxstribution Date after the first Distribution Date, the Trustee shall have the right to change the way the reports referred to in this Section 4.03 are distributed in order to make such distribution more convenient and/or more accessible to the above parties and to the Certificateholders. The Trustee shall provide timely and adequate notification to all the parties mentioned above and to the Certificateholders regarding any such change.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)

Statements to Certificateholders. (a) Concurrently with Not later than each distribution charged Remittance Date, Trustee will cause to be sent to each Certificateholder a statement setting forth the Certificate Account and following information with respect to each Distribution Date Certificate (which information may be aggregated for all Certificates held by the Master Servicer shall forward same Holder), after giving effect to the Trustee and distributions to be made pursuant to Section 6.01 on or as of such Remittance Date: (i) the amount of such distribution allocable to principal; (ii) the amount of such distribution allocable to interest; (iii) the amount of any Extraordinary Expense Advance by the Trustee shall either forward by mail or make available pursuant to each Holder and the CompanySection 6.03; and (iv) If applicable, via the Trustee's internet website, a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, whether the Mortgage Pool and, if the Mortgage Pool Loan is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information set forth in an exhibit to the Series Supplement. Such exhibit shall set forth the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modificationdelinquent. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time not more than 90 days after the end of each calendar yearyear or by such earlier time as may be required under the Code, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, Trustee will furnish a report to each Person who holder of a Certificate at any time during such calendar year, an annual statement of interest paid in accordance with the requirements of applicable federal income tax law listing the Principal Balance of the Mortgage Loan outstanding at the end of such calendar year was year. Concurrent with execution of this Agreement, Seller shall appoint Coopers & Lybrxxx xx a similar organization which regularly engages in the Holder preparation and filing of such documents on a Certificatecontinuous basis for profit and which represents itself to be expert in such matters, as required by applicable law, which shall cause to be prepared and which shall file, any and all tax returns, information statements or other than a Class R Certificatefilings required to be delivered to (a) any governmental taxing authorities or (b) the Certificateholders pursuant to any applicable law with respect to the Trust Fund and the transactions contemplated hereby; provided, a statement containing the information set forth in clauses however, that (i) any reasonable fees of the organization appointed as provided above shall be paid from the Extraordinary Expense Reserve Account and (ii) of the exhibit Trustee shall cooperate in good faith in providing any necessary information which it possesses regarding the Trust Fund and the Certificates to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholderorganization. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon the written request Notice of any Certificateholder, the Master Servicer, as soon as reasonably practicable, such appointment shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.be

Appears in 1 contract

Samples: Trust Agreement (Kmart Corp)

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Account and with respect to each Distribution Date the Master Servicer shall forward to the Trustee and the Trustee shall either forward by mail or make available to each Holder and the Company, via the Trustee's internet website, a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information set forth in an exhibit to the Series Supplement. Such exhibit shall set forth the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide 66 prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon the written request of any Certificateholder, the Master Servicer, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc)

Statements to Certificateholders. (a) Concurrently with On each distribution charged to Distribution Date, the Certificate Account and with respect Trustee shall forward by mail to each Distribution Date Holder, MGT, each Primary Seller and each Rating Agency and to each Certificate Owner which shall have requested such report from the Master Servicer Trustee and shall forward have certified to the Trustee and the Trustee shall either forward by mail or make available to each Holder and the Company, via the Trustee's internet website, that it is a Certificate Owner a statement (and at its option, any additional files containing as to the same information in an alternative format) distributions made on such Distribution Date setting forth information as to each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information set forth in an exhibit Exhibit K based, in so far as practicable and relevant, on the reports furnished to the Series SupplementTrustee by the Master Servicer for such Distribution Date in accordance with the provisions of this Agreement. Such exhibit In addition, on each Distribution Date, the Trustee shall make available to each Rating Agency and each Underwriter in an electronic format each statement received prior to such Distribution Date prepared by the Master Servicer pursuant to this Agreement. On each Distribution Date, the Trustee shall forward to the Depositor, to each Rating Agency, and to the Master Servicer a copy of the reports forwarded to the Certificateholders on such Distribution Date and, if not otherwise set forth in such reports a statement setting forth the Trustee's internet website address together amounts, if any, actually distributed with a phone numberrespect to the Certificates on such Distribution Date. The Trustee shall mail also provide such reports to each Holder that requests the Master Servicer in an electronic format reasonably acceptable to the Master Servicer and the Trustee. Subject to Section 6.03(g), upon request of any Certificateholder (or any Certificate Owner, if applicable, which shall have provided the Trustee with evidence satisfactory to the Special Servicer and the Trustee of its interest in a paper certificate pursuant to Section 11.04) or Rating Agency, the Trustee shall mail, without charge, to the address specified in such request, a copy by telephone of the most current Asset Strategy Report for any Specially Serviced Mortgage Loan or REO Property. In addition, upon receipt of a paper written request of any Certificateholder (or any Certificate Owner, if applicable, which shall have provided the Trustee with evidence satisfactory to the Master Servicer and the Trustee of its interest in a certificate pursuant to Section 11.04) for a copy via first class mailof any other report, the Trustee shall forward such written request to the Master Servicer. To the extent such report is available to the Master Servicer, the Master Servicer shall deliver a copy thereof to the Trustee for delivery to the requesting Certificateholder (or Certificate Owner) at the address specified in such request. The request, reproduction and delivery of such report, shall be at the expense of the requesting Certificateholder (or Certificate Owner). (b) The Trustee covenants to furnish or cause to be furnished, promptly upon the written request of any Holder of a Class X, Class F, Class G, Class H, Class NR-I, Class NR-P, Class R-I, Class R-II or Class R-III Certificate (or a Certificate Owner which shall have certified to the Trustee that it is a Certificate Owner of any such Class) reasonably current Rule 144A Information (as defined below) to such Certificateholder or to a prospective transferee of such a Certificate (or interests in such Certificate) designated by such Certificateholder, as the case may modify be, in connection with the distribution procedures set forth resale of such Certificate or such interests by such Certificateholder pursuant to Rule 144A to the extent received from the Master Servicer or the Special Servicer. "Rule 144A Information" shall mean the information specified in this Section provided that such procedures are no less convenient for Rule 144A(d)(4)(i) and (ii) under the CertificateholdersSecurities Act of 1933, as amended. The Trustee shall provide prior notification advise the Master Servicer or Special Servicer of any request by a Certificateholder and shall consult with the Master Servicer or Special Servicer as to the Companyinformation to be supplied. Based upon such consultation and to the extent the Trustee is not in possession of reasonably current Rule 144A Information on the date of any such request, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Special Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificatesshall, upon reasonable requestrequest from the Trustee, such additional information as is promptly provide the Trustee with reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied current Rule 144A Information to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to reasonably available. The Trustee may place its disclaimer on any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied Rule 144A Information to the extent that substantially comparable information shall be provided by it is not the Master Servicer pursuant to any requirements source of the Codesuch information. (d) Upon the written request of any Certificateholder, the Master Servicer, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan J P Commercial Mortgage Finance Corp)

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Account and with respect to each Distribution Date the Master Servicer shall forward to the Trustee and the Trustee shall either forward by mail or make available to each Holder and the Company, via the Trustee's internet website, a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, Certificates and the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicablePool. This statement will include the information set forth in an exhibit Exhibit Three hereto. On the first Distribution Date, the Trustee shall mail to each Holder a paper copy of such statement. On each Distribution Date after the Series Supplement. Such exhibit shall set forth first Distribution Date, the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon the written request of any Certificateholder, the Master Servicer, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A. (e) On the first Distribution Date, the Trustee will forward by mail to each Certificateholder and other parties to the Agreement the reports referred to in this Section 4.03. On each Distribution Date after the first Distribution Date, the Trustee will make the reports referred to in this Section 4.03 (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and other parties to the Agreement via the Trustee's website, which is presently located at www.abs.bankone.cxx. Xxxxxxx xxxx xre unable to use the above website are entitled to have a paper copy mailed to them via first class mail by calling the Trustee at (800) 524-9472. Xx xxxx Xxxxxxbution Date after the first Distribution Date, the Trustee shall have the right to change the way the reports referred to in this Section 4.03 are distributed in order to make such distribution more convenient and/or more accessible to the above parties and to the Certificateholders. The Trustee shall provide timely and adequate notification to all the parties mentioned above and to the Certificateholders regarding any such change.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)

Statements to Certificateholders. (a) Concurrently with each distribution charged to Certificateholders pursuant to this Article V, the Trustee shall mail, or cause the Paying Agent to mail, to each Certificateholder at the address appearing on the Certificate Account Register the Monthly Report prepared by the Servicer together with the following information prepared by the Servicer: (1) the amount of fees and expenses payable out of the Trust Fund for such Collection Period; (2) the percentage obtained by dividing the aggregate Certificate Balances with respect to each Distribution Date the Master Servicer shall forward Class (after giving effect to the Trustee and distributions on the Trustee shall either forward Certificates made on such Distribution Date) by mail or make available the aggregate Initial Certificate Balances with respect to each Holder and the Company, via the Trustee's internet website, a statement Class; (and at its option, any additional files containing the same information in an alternative format3) setting forth information as to each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information set forth in an exhibit to the Series Supplement. Such exhibit shall set forth the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional other customary factual information as is reasonably obtainable by the Master Servicer at no additional expense available to the Master Servicer. (b) Servicer as the Servicer deems necessary and can obtain reasonably from its existing data base to enable Certificateholders to prepare their tax returns. In the case of information furnished with respect to a dollar amount, the amounts shall be expressed as a dollar amount per Certificate with a $1,000 denomination. Within a reasonable period of time after the end of each calendar year, subject to the Master next sentence, but in no event later than 90 days after the end of such year, the Servicer shall prepareprepare and furnish to the Trustee, the Paying Agent and the Certificate Administrator, and the Trustee, promptly upon receipt, shall furnish or cause the Paying Agent to be prepared, and shall forward, or cause to be forwarded, furnish to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (ib) and (iic) of Section 5.04, in the exhibit to case of Class I A-1 Certificateholders, (f) and (g) of Section 5.04, in the Series Supplement referred to case of Class I A-2 Certificateholders, (j) and (k) of Section 5.04, in subsection the case of Class I A -1 Certificateholders, and (an) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholderand (o) of Section 5.04, in the case of Class II A-2 Certificateholders. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Code as from time to time in force. On each Distribution Date, the Servicer shall forward or cause to be forwarded by mail to each Holder of a Class R Certificate, a copy of the Monthly Report for such Distribution Date. The Servicer shall also forward or cause to be forwarded by mail to each Holder of a Class R Certificate, a statement setting forth such information as the Servicer deems necessary or appropriate. Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, furnish or cause to be prepared, and shall forward, or cause to be forwarded, furnished to each Person who at any time during the calendar year was the a Holder of a Class R Certificate, Certificate a statement containing the applicable distribution information provided pursuant to this Section 4.03 5.07 aggregated for such calendar year or applicable portion thereof during which such Person was the a Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon . A Certificate Owner holding Certificates of a Class representing in the aggregate at least 5% of the Percentage Interests of such Class shall, upon written request to the Trustee certifying its beneficial ownership of any Certificateholdersuch Certificates, be entitled to receive copies of all reports provided by the Master Servicer, as soon as reasonably practicable, Trustee. Copies of all reports provided by the Trustee to the Certificateholders shall provide also be provided to each Rating Agency and the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.Insurers.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Greenpoint Credit Manufactured Housing Cont Tru Ser 2001-2)

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Statements to Certificateholders. (a) Concurrently with each distribution charged to Certificateholders pursuant to this Article V, the Trustee shall make available at its website the Monthly Report prepared by the Servicer together with the following information prepared by the Servicer: (1) the amount of fees and expenses payable out of the Trust Fund for such Collection Period; (2) the percentage obtained by dividing the aggregate Certificate Account and Balances with respect to each Distribution Date the Master Servicer shall forward Class (after giving effect to the Trustee and distributions on the Trustee shall either forward Certificates made on such Distribution Date) by mail or make the aggregate Initial Certificate Balances with respect to each Class; (3) such other customary factual information as is available to each Holder the Servicer as the Servicer deems necessary and can obtain reasonably from its existing data base to enable Certificateholders to prepare their tax returns. In the Companycase of information furnished with respect to a dollar amount, via the Trustee's internet websiteamounts shall be expressed as a dollar amount per Certificate with a $1,000 denomination. The Trustee will make the report referred to in this (and, a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as available each month to each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, Certificateholders and other parties to the extent applicable. This statement will include the information set forth in an exhibit to the Series Supplement. Such exhibit shall set forth Agreement via the Trustee's internet website, which is presently located at xxx.xxx.xxxxxxx.xxx. Persons that are unable to use the above website address together with are entitled to have a phone numberpaper copy mailed to them via First Class mail by calling the Trustee at (0-000) 000-0000. The Trustee shall mail have the right to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify change the distribution procedures set forth way the report referred to in this Section provided that is distributed in order to make such procedures are no less distribution more convenient for and/or more accessible to the above parties and to the Certificateholders. The Trustee shall provide prior timely and adequate notification to the Company, the Master Servicer all above parties and to the Certificateholders regarding any such modificationchange. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, subject to the Master next sentence, but in no event later than 90 days after the end of such year, the Servicer shall prepareprepare and furnish to the Trustee, the Paying Agent and the Certificate Administrator, and the Trustee, promptly upon receipt, shall furnish or cause the Paying Agent to be prepared, and shall forward, or cause to be forwarded, furnish to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (ib) and (iic) of Section 5.04, in the exhibit to case of Class I A Certificateholders, (f) and (g) of Section 5.04, in the Series Supplement referred to case of Class II A-1 Certificateholders, (j) and (k) of Section 5.04, in subsection the case of Class II A-2 Certificateholders, (an) above and (o) of Section 5.04, in the case of Class I M-1 Certificateholders, (r) and (s) of Section 5.04, in the case of Class I M-2 Certificateholders, (v) and (x) of Section 5.04, in the case of Class I B-1 Certificateholders, (aa) and (cc) of Section 5.04, in the case of Class I B-2 Certificateholders, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Code as from time to time in force. On each Distribution Date, the Servicer shall forward or cause to be forwarded by mail to each Holder of a Class R Certificate, a copy of the Monthly Report for such Distribution Date. The Servicer shall also forward or cause to be forwarded by mail to each Holder of a Class R Certificate, a statement setting forth such information as the Servicer deems necessary or appropriate. Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, furnish or cause to be prepared, and shall forward, or cause to be forwarded, furnished to each Person who at any time during the calendar year was the a Holder of a Class R Certificate, Certificate a statement containing the applicable distribution information provided pursuant to this Section 4.03 5.07 aggregated for such calendar year or applicable portion thereof during which such Person was the a Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon . A Certificate Owner holding Certificates of a Class representing in the aggregate at least 5% of the Percentage Interests of such Class shall, upon written request to the Trustee certifying its beneficial ownership of any Certificateholdersuch Certificates, be entitled to receive copies of all reports provided by the Master Servicer, as soon as reasonably practicable, Trustee. Copies of all reports provided by the Trustee to the Certificateholders shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.also be provided to each Rating Agency.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Greenpoint Credit LLC)

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Payment Account and with respect to each Distribution Date Date, the Master Servicer shall forward provide to the Trustee and the Trustee shall either forward by mail or make available to each Holder Certificateholders and the Company, other parties to this Agreement via the Trustee's internet website, website a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, Certificates and the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include that includes the information set forth in an exhibit to the Series SupplementExhibit M attached hereto. Such exhibit shall set forth the The Trustee's internet website address together with shall initially be located at "xxxxxxxx.xxx/xxx." Assistance in using the website can be obtained by calling the Trustee's customer service desk at (000) 000-0000. Parties that are unable to use the website are entitled to have a phone numberpaper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Trustee shall mail have the right to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify change the way Distribution Date statements are Pooling and Servicing Agreement distributed in order to make such distribution procedures set forth in this Section more convenient and/or more accessible to the above parties, provided that such procedures are no less convenient for the Certificateholders. The Certificateholders and the Trustee shall provide prior timely and adequate notification to the Company, the Master Servicer and the Certificateholders all above parties regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicerchanges. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer Trustee shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer Trustee pursuant to any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer Trustee shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon the written request of any Certificateholder, the Master ServicerTrustee, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master ServicerTrustee's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.144A. The Company and the Servicer shall cooperate with the Trustee as is reasonably necessary to respond to any such request.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Account and with respect to each Distribution Date the Master Servicer shall forward to the Trustee and the Trustee shall either forward by mail or make available to each Holder and the Company, via the Trustee's internet website, a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information set forth in an exhibit to the Series Supplement. Such exhibit shall set forth the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon the written request of any Certificateholder, the Master Servicer, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Accredit Loans Inc)

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Account and with respect to each Distribution Date the Master Servicer shall forward to the Trustee and the Trustee shall either forward by mail or make available to each Holder and the Company, via the Trustee's internet website, a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information set forth in an exhibit to the Series Supplement. Such exhibit shall set forth the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon the written request of any Certificateholder, the Master Servicer, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Account and with respect to each Distribution Date the Master Servicer shall forward to the Trustee and the Trustee shall either forward by mail or make available to each Holder Holder, the Certificate Insurer and the Company, via the Trustee's internet website, Company a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, Certificates and the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicablePool. This statement will include the information set forth in an exhibit Exhibit Three to the this Series Supplement. Such exhibit shall set forth the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above Exhibit Three hereto aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon the written request of any Certificateholder, the Master Servicer, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Trust Certificate Account and with respect to each Distribution Date the Master Servicer Certificate Administrator shall forward to the Trustee and the Trustee shall either forward by mail or make available to each Holder and the Company, via the Trustee's ’s internet website, a statement (and at its option, any additional files containing the same information in an alternative format) setting forth the following information as to each Class of Trust Certificates: (i) the Available Funds for such Distribution Date; (ii) with respect to such Distribution Date, the Mortgage Pool andaggregate amount of Accrued Certificate Interest, the Pass-Through Rate and the aggregate Principal Distribution Amount and the amounts of principal and interest distributed to the Certificateholders of each Class of Trust Certificates on such Distribution Date pursuant to Section 3.04; (iii) the aggregate amount of distributions on the Class R Certificate on such Distribution Date pursuant to Section 3.04, if any; (iv) the Mortgage Pool is comprised Certificate Principal Balance of two or more Loan Groupsthe Class A Certificates after giving effect to distributions of principal of such Trust Certificates on such Distribution Date; (v) the Underlying Certificate Balance as of such Distribution Date, each Loan Group, after giving effect to the extent applicable. This statement will include distribution of principal made thereon and the information set forth in an exhibit amount of any Realized Losses with respect to the Series Supplement. Such exhibit shall set forth Underlying Certificates applied to reduce the Trustee's internet website address together with a phone numberUnderlying Certificate Balance thereof on such Distribution Date; and (vi) the amount of any reductions in the Certificate Principal Balance of the Class A Certificates by the Class A Loss Amount. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section 3.05 provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer Certificate Administrator and the Certificateholders regarding any such modification. In addition, the Master Servicer Certificate Administrator shall provide to any manager of a trust fund consisting of some or all of the Trust Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer Certificate Administrator at no additional expense to the Master ServicerCertificate Administrator. (b) In addition, the Trustee promptly will furnish to Certificateholders copies of any notices, statements, reports or other communications including, without limitation, the Underlying Distribution Date Statements, received by the Trustee as the Underlying Certificateholder. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer Certificate Administrator shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Trust Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses clause (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (aa)(ii) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer Certificate Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer Certificate Administrator pursuant to any requirements of the Code. (cd) Within a reasonable period of time after the end of each calendar year, the Master Servicer Certificate Administrator shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 3.05 (a)(iii) aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer Certificate Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer Certificate Administrator pursuant to any requirements of the Code. (de) Upon The Certificate Administrator shall, on behalf of the written Company and in respect of the Trust Fund, sign and cause to be filed with the Securities and Exchange Commission any periodic reports required to be filed under the provisions of the Exchange Act, and the rules and regulations of the Commission thereunder. In connection with the preparation and filing of such periodic reports, the Trustee shall timely provide to the Certificate Administrator (i) a list of Certificateholders as shown on the Certificate Register as of the end of each calendar year, (ii) copies of all pleadings, other legal process and any other documents relating to any claims, charges or complaints involving the Trustee, as trustee hereunder, or the Trust Fund that are received by the Trustee, (iii) notice of all matters that, to the actual knowledge of a Responsible Officer of the Trustee, have been submitted to a vote of the Certificateholders, other than those matters that have been submitted to a vote of the Certificateholders at the request of the Company or the Certificate Administrator, and (iv) notice of any Certificateholderfailure of the Trustee to make any distribution to the Certificateholders as required pursuant to this Agreement. Neither the Certificate Administrator nor the Trustee shall have any liability with respect to the Certificate Administrator’s failure to properly prepare or file such periodic reports resulting from or relating to the Certificate Administrator’s inability or failure to obtain any information not resulting from the Certificate Administrator’s own negligence or willful misconduct. Any Form 10-K filed with the Commission in connection with this Section 3.05(e) shall include a certification, signed by the senior officer in charge of the servicing functions of the Certificate Administrator, in the form attached as Exhibit E hereto or such other form as may be required or permitted by the Commission (the “Form 10-K Certification”), in compliance with Rules 13a-14 and 15d-14 under the Exchange Act and any additional directives of the Commission. In connection with the Form 10-K Certification, the Master Servicer, as soon as reasonably practicable, Trustee shall provide the requesting Certificateholder Certificate Administrator with such information as is necessary and appropriate, a back-up certification substantially in the Master Servicer's sole discretion, for purposes form attached hereto as Exhibit F. This Section 3.05(e) may be amended in accordance with this Agreement without the consent of satisfying applicable reporting requirements under Rule 144A.the Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (RALI Series 2005-Qr1 Trust)

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Account and with respect to each Distribution Date the Master Servicer shall forward to the Trustee and the Trustee shall either forward by mail or make available to each Holder and the Company, via the Trustee's internet website, a statement (and at its option, any additional files containing the same information in an alternative format) setting forth information as to each Class of Certificates, Certificates and the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicablePool. This statement will include the information set forth in an exhibit Exhibit Three hereto. On the first Distribution Date, the Trustee shall mail to each Holder a paper copy of such statement. On each Distribution Date after the Series Supplement. Such exhibit shall set forth first Distribution Date, the Trustee's internet website address together with a phone number. The Trustee shall mail to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to any requirements of the Code. (d) Upon the written request of any Certificateholder, the Master Servicer, as soon as reasonably practicable, shall provide the requesting Certificateholder with such information as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A. (e) On the first Distribution Date, the Trustee will forward by mail to each Certificateholder and other parties to the Agreement the reports referred to in this Section 4.03. On each Distribution Date after the first Distribution Date, the Trustee will make the reports referred to in this Section 4.03 (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders and other parties to the Agreement via the Trustee's website. The Trustee's internet website will initially be located at http://www-apps.gis.deutxxxx-xxxx.xxx/xxxx. Xxxxxxxxxx xx using the website can be obtained by calling the Trustee's Shareholder Relations desk at (800) 735- 7777. On each Distribution Date after the first Distribution Date, Certificateholders are entitled to have a paper copy mailed to them via first class mail upon request by contacting the Trustee at the Corporate Trust Office. The Trustee shall have the right to change the way the reports referred to in this Section 4.03 are distributed in order to make such distribution more convenient and/or more accessible to the above parties and to the Certificateholders. The Trustee shall provide timely and adequate notification to all the parties mentioned above and to the Certificateholders regarding any such change.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Account and with respect to On each Distribution Date Date, the Master Servicer Trustee shall forward to each Holder, MGT and each Rating Agency and to each Certificate Owner which shall have requested such report from the Trustee and shall have certified to the Trustee shall either forward by mail or make available to each Holder and the Company, via the Trustee's internet website, that it is a Certificate Owner a statement (and at its option, any additional files containing as to the same information in an alternative format) distributions made on such Distribution Date setting forth information as to each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information set forth in an exhibit Exhibit K based, in so far as practicable and relevant, on the reports furnished to the Series SupplementTrustee by the Master Servicer for such Distribution Date in accordance with the provisions of this Agreement. Such exhibit In addition, on each Distribution Date, the Trustee shall make available to each Rating Agency and the Underwriter in an electronic format each statement received prior to such Distribution Date prepared by the Master Servicer pursuant to this Agreement. On each Distribution Date, the Trustee shall forward to the Depositor, to each Rating Agency, and to the Master Servicer a copy of the reports forwarded to the Certificateholders on such Distribution Date and, if not otherwise set forth in such reports a statement setting forth the Trustee's internet website address together amounts, if any, actually distributed with a phone numberrespect to the Certificates on such Distribution Date. The Trustee shall mail also provide such reports to each Holder that requests the Master Servicer in an electronic format reasonably acceptable to the Master Servicer and the Trustee. Subject to Section 6.03(g), upon request of any Certificateholder (or any Certificate Owner, if applicable, which shall have provided the Trustee with evidence satisfactory to the Special Servicer and the Trustee of its interest in a paper certificate pursuant to Section 11.04) or Rating Agency, the Trustee shall mail, without charge, to the address specified in such request, a copy of the most current Asset Strategy Report received by telephone the Trustee for any Specially Serviced Mortgage Loan or REO Property. In addition, upon receipt of a paper written request of any Certificateholder (or any Certificate Owner, if applicable, which shall have provided the Trustee with evidence satisfactory to the Master Servicer and the Trustee of its interest in a certificate pursuant to Section 11.04) for a copy via first class mailof any other report, the Trustee shall forward such written request to the Master Servicer. To the extent such report is available to the Master Servicer, the Master Servicer shall deliver a copy thereof to the Trustee for delivery to the requesting Certificateholder (or Certificate Owner) at the address specified in such request. The request, reproduction and delivery of such report, shall be at the expense of the requesting Certificateholder (or Certificate Owner). (b) The Trustee covenants to furnish or cause to be furnished, promptly upon the written request of any Holder of a Class F, Class G, Class H, Class NR, Class R-I, Class R-II or Class R-III Certificate (or a Certificate Owner which shall have certified to the Trustee that it is a Certificate Owner of any such Class) reasonably current Rule 144A Information (as defined below) to such Certificateholder or to a prospective transferee of such a Certificate (or interests in such Certificate) designated by such Certificateholder, as the case may modify be, in connection with the distribution procedures set forth resale of such Certificate or such interests by such Certificateholder pursuant to Rule 144A to the extent received from the Master Servicer or the Special Servicer. "Rule 144A Information" shall mean the information specified in this Section provided that such procedures are no less convenient for Rule 144A(d)(4)(i) and (ii) under the CertificateholdersSecurities Act of 1933, as amended. The Trustee shall provide prior notification advise the Master Servicer or Special Servicer of any request by a Certificateholder and shall consult with the Master Servicer or Special Servicer as to the Companyinformation to be supplied. Based upon such consultation and to the extent the Trustee is not in possession of reasonably current Rule 144A Information on the date of any such request, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Special Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificatesshall, upon reasonable requestrequest from the Trustee, such additional information as is promptly provide the Trustee with reasonably obtainable by the Master Servicer at no additional expense to the Master Servicer. (b) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Certificate, other than a Class R Certificate, a statement containing the information set forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Master Servicer shall be deemed to have been satisfied current Rule 144A Information to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to reasonably available. The Trustee may place its disclaimer on any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar year, the Master Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be forwarded, to each Person who at any time during the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied Rule 144A Information to the extent that substantially comparable it is not the source of such information. The Trustee shall have no responsibility for the sufficiency under Rule 144A or any other securities laws of any available information shall be provided by the Master Servicer pursuant so furnished to any requirements person including any prospective purchaser of a Certificate or any interest therein, nor for the Code. (d) Upon the written request content or accuracy of any Certificateholder, information so furnished which was prepared or delivered to the Master Servicer, as soon as reasonably practicable, shall provide Trustee by another to the requesting Certificateholder with such extent the information as is necessary and appropriate, in so furnished accurately sets forth the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.information prepared or delivered.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan J P Commercial Mortgage Finance Corp)

Statements to Certificateholders. (a) Concurrently with each distribution charged to the Certificate Account and with respect to On each Distribution Date the Master Servicer shall forward to the Trustee and Date, the Trustee shall either forward by mail or make available to each Holder and to each Certificate Owner which shall have certified to the CompanyTrustee that it is a Certificate Owner (or forward, via in the case of each Holder or Certificate Owner which shall have requested such report from the Trustee's internet website), a statement (as to the distributions made on such Distribution Date based solely upon information included in the reports furnished to the Trustee by the Master Servicer for such Distribution Date in accordance with the provisions of this Agreement. In addition, on each Distribution Date, the Trustee shall make available to each Rating Agency and at its option, any additional files containing the same information each Underwriter in an alternative format) setting forth information as electronic format each statement received prior to such Distribution Date prepared by the Master Servicer pursuant to this Agreement. On each Class of CertificatesDistribution Date, the Trustee shall forward or make available to the Depositor, each Underwriter, each Mortgage Pool Loan Seller, each Rating Agency, and the Master Servicer a copy of the reports forwarded to the Certificateholders on such Distribution Date and, if the Mortgage Pool is comprised of two or more Loan Groups, each Loan Group, to the extent applicable. This statement will include the information not otherwise set forth in an exhibit such reports a statement setting forth the amounts, if any, actually distributed with respect to the Series Supplement. Such exhibit shall set forth the Trustee's internet website address together with a phone numberCertificates on such Distribution Date. The Trustee shall mail also forward or make available such reports to each Holder that requests a paper copy by telephone a paper copy via first class mail. The Trustee may modify the distribution procedures set forth in this Section provided that such procedures are no less convenient for the Certificateholders. The Trustee shall provide prior notification to the Company, the Master Servicer and the Certificateholders regarding any such modification. In addition, the Master Servicer shall provide to any manager of a trust fund consisting of some or all of the Certificates, upon reasonable request, such additional information as is in an electronic format reasonably obtainable by the Master Servicer at no additional expense acceptable to the Master Servicer. (b) Within a reasonable period The Trustee on behalf of time after the end of each calendar yearDepositor, the Master Servicer shall prepare, furnish or cause to be preparedfurnished, and shall forward, or cause to be forwarded, to each Person who at promptly upon the written request of any time during the calendar year was the Holder of a Class F, Class X, Class G, Class H, Class J, Class K, Class L, Class M, Class NR, Class R-I, Class R-II or Class R-III Certificate (or a Certificate Owner which shall have certified to the Trustee that it is a Certificate Owner of any such Class) reasonably current Rule 144A Information (as defined below) to such Certificateholder or to a prospective transferee of such a Certificate (or interests in such Certificate) designated by such Certificateholder, other than a Class R Certificateas the case may be, a statement containing in connection with the resale of such Certificate or such interests by such Certificateholder pursuant to Rule 144A to the extent received from the Master Servicer or the Special Servicer. "Rule 144A Information" shall mean the information set forth specified in clauses (iRule 144A(d)(4)(i) and (ii) under the Securities Act of the exhibit to the Series Supplement referred to in subsection (a) above aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder1933, as amended. Such obligation of The Trustee shall advise the Master Servicer or Special Servicer of any request by a Certificateholder and shall consult with the Master Servicer or Special Servicer as to the information to be deemed to have been satisfied supplied. Based upon such consultation and to the extent that substantially comparable information shall be provided by the Master Servicer pursuant to Trustee is not in possession of reasonably current Rule 144A Information on the date of any requirements of the Code. (c) Within a reasonable period of time after the end of each calendar yearsuch request, the Master Servicer shall prepareand the Special Servicer shall, or cause to be preparedupon request from the Trustee, and shall forward, or cause to be forwarded, to each Person who at any time during promptly provide the calendar year was the Holder of a Class R Certificate, a statement containing the applicable distribution information provided pursuant to this Section 4.03 aggregated for such calendar year or applicable portion thereof during which such Person was the Holder of a Class R Certificate. Such obligation of the Master Servicer shall be deemed to have been satisfied Trustee with reasonably current Rule 144A Information to the extent that substantially comparable reasonably available. The Trustee may place its disclaimer on any such Rule 144A Information to the extent it is not the source of such information. The Trustee shall not have responsibility for the sufficiency under Rule 144A or any other securities laws of any available information shall be provided by the Master Servicer pursuant so furnished to any requirements person including any prospective purchaser of a Certificate or any interest therein, nor for the Code. (d) Upon the written request content or accuracy of any Certificateholder, information so furnished which was prepared or delivered to the Master Servicer, as soon as reasonably practicable, shall provide Trustee by another to the requesting Certificateholder with such extent the information as is necessary and appropriate, in so furnished accurately sets forth the Master Servicer's sole discretion, for purposes of satisfying applicable reporting requirements under Rule 144A.information prepared or delivered.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Jp Morgan Chase Commercial Mortgage Securities Corp)

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