Common use of Statements to Master Servicer Clause in Contracts

Statements to Master Servicer. (a) The Company shall deliver or cause to be delivered to the Master Servicer executed copies of the custodial and escrow account letter agreements pursuant to Sections 4.04 and 4.06 within 30 days of the Closing Date. (b) Not later than the tenth calendar day of each month, the Company shall furnish to the Master Servicer an electronic file providing loan level accounting data for the period ending on the last Business Day of the preceding month in a format mutually agreed to between the Company and the Master Servicer. (c) The Company shall promptly notify the Trustee, the Master Servicer and the Depositor (i) of any legal proceedings pending against the Company of the type described in Item 1117 (§ 229.1117) of Regulation AB and (ii) of any affiliation or relationship (of a type describe in Item 1119 of Regulation AB) between the Company, each third-party originator, each subservicers “participating in the servicing function” within the meaning of Item 1122 of Regulation AB and any of the parties listed on Exhibit L hereto, an provided a description of such affiliation or relationship. If so requested by the Trustee, the Master Servicer or the Depositor on any date following the date on which information was first provided to the Trustee, the Master Servicer and the Depositor pursuant to the preceding sentence, the Company shall, within five Business Days following such request, confirm in writing the accuracy of the representations and warranties set forth in Section 3.01(p) or, if such a representation and warranty is not accurate as of the date of such request, provide reasonable adequate disclosure of the pertinent facts, in writing, to the requesting party. The Company shall provide to the Trustee, the Master Servicer and the Depositor prompt notice of the occurrence of any of the following: any event of default under the terms of this Agreement, any merger, consolidation or sale of substantially all of the assets of the Company, any material litigation involving the Company, and any affiliation or other significant relationship between the Company and other transaction parties. (d) Not later than the tenth calendar day of each month (or if such calendar day is not a Business Day, the immediately preceding Business Day), the Company shall provide to the Trustee, the Master Servicer and the Depositor notice of the occurrence of any material modifications, extensions or waivers of terms, fees, penalties or payments relating to the Mortgage Loans during the related Due Period or that have cumulatively become material over time (Item 1121(a)(11) of Regulation AB) along with all information, data, and materials related thereto as may be required to be included in the related Distribution Report on Form 10-D. (e) The Servicer shall provide the Trustee with such information available to it concerning the Mortgage Loans as is necessary for the Trustee to prepare the Trust Fund’s federal income tax return as the Trustee may reasonably request from time to time.

Statements to Master Servicer. (a) The Company shall deliver or cause to be delivered to the Master Servicer executed copies of the custodial and escrow account letter agreements pursuant to Sections 4.04 and 4.06 within 30 days of the Closing Date. (b) Not later than the tenth calendar day of each month, the Company shall furnish to the Master Servicer an electronic file providing loan level accounting data for the period ending on the last Business Day of the preceding month in a format mutually agreed to between the Company and the Master Servicer. (c) The Company shall promptly notify the Trustee, the Master Servicer and the Depositor (i) of any legal proceedings pending against the Company of the type described in Item 1117 (§ 229.1117) of Regulation AB and (ii) of any affiliation or relationship (of a type describe in Item 1119 of Regulation AB) between the Company, each third-party originator, each subservicers “participating in the servicing function” within the meaning of Item 1122 of Regulation AB and any of the parties listed on Exhibit L F hereto, an provided a description of such affiliation or relationship. If so requested by the Trustee, the Master Servicer or the Depositor on any date following the date on which information was first provided to the Trustee, the Master Servicer and the Depositor pursuant to the preceding sentence, the Company shall, within five Business Days following such request, confirm in writing the accuracy of the representations and warranties set forth in Section 3.01(p) or, if such a representation and warranty is not accurate as of the date of such request, provide reasonable adequate disclosure of the pertinent facts, in writing, to the requesting party. The Company shall provide to the Trustee, the Master Servicer and the Depositor prompt notice of the occurrence of any of the following: any event of default under the terms of this Agreement, any merger, consolidation or sale of substantially all of the assets of the Company, any material litigation involving the Company, and any affiliation or other significant relationship between the Company and other transaction parties. (d) Not later than the tenth calendar day of each month (or if such calendar day is not a Business Day, the immediately preceding Business Day), the Company shall provide to the Trustee, the Master Servicer and the Depositor notice of the occurrence of any material modifications, extensions or waivers of terms, fees, penalties or payments relating to the Mortgage Loans during the related Due Period or that have cumulatively become material over time (Item 1121(a)(11) of Regulation AB) along with all information, data, and materials related thereto as may be required to be included in the related Distribution Report on Form 10-D. (e) The Servicer shall provide the Trustee with such information available to it concerning the Mortgage Loans as is necessary for the Trustee to prepare the Trust Fund’s federal income tax return as the Trustee may reasonably request from time to time.

Statements to Master Servicer. (a) The Company shall deliver or cause to be delivered to the Master Servicer executed copies of the custodial and escrow account letter agreements pursuant to Sections 4.04 and 4.06 within 30 days of the Closing Date. (b) Not later than the tenth calendar day of each month, the Company shall furnish to the Master Servicer an electronic file providing loan level accounting data for the period ending on the last Business Day of the preceding month in a format mutually agreed to between the Company and the Master Servicer. (c) The Company shall promptly notify the Trustee, the NIMS Insurer, the Master Servicer and the Depositor (i) of any legal proceedings pending against the Company of the type described in Item 1117 (§ 229.1117) of Regulation AB and (ii) of any affiliation or relationship (of a type describe described in Item 1119 of Regulation AB) between the Company, each third-party originator, each subservicers subservicer “participating in the servicing function” within the meaning of Item 1122 of Regulation AB and any of the parties listed on Exhibit L F hereto, an provided and provide a description of such affiliation or relationship. If so requested by the Trustee, the NIMS Insurer, the Master Servicer or the Depositor on any date following the date on which information was first provided to the Trustee, the NIMS Insurer, the Master Servicer and the Depositor pursuant to the preceding sentence, the Company shall, within five Business Days following such request, confirm in writing the accuracy of the representations and warranties set forth in Section 3.01(p) 12 of the Reconstituted Servicing Agreement or, if such a representation and warranty is not accurate as of the date of such request, provide reasonable adequate disclosure of the pertinent facts, in writing, to the requesting party. The Company shall provide to the Trustee, the NIMS Insurer, the Master Servicer and the Depositor prompt notice of the occurrence of any of the following: any event of default under the terms of this Agreement, any merger, consolidation or sale of substantially all of the assets of the Company, any material litigation involving the Company, and any affiliation or other significant relationship between the Company and other transaction parties. (d) Not later than the tenth calendar day of each month (or if such calendar day is not a Business Day, the immediately preceding Business Day), the Company shall provide to the Trustee, the NIMS Insurer, the Master Servicer and the Depositor notice of the occurrence of any material modifications, extensions or waivers of terms, fees, penalties or payments relating to the Mortgage Loans during the related Due Period or that have cumulatively become material over time (Item 1121(a)(11) of Regulation AB) along with all information, data, and materials related thereto as may be required to be included in the related Distribution Report on Form 10-D. (e) The Servicer shall provide the Trustee with such information available to it concerning the Mortgage Loans as is necessary for the Trustee to prepare the Trust Fund’s federal income tax return as the Trustee may reasonably request from time to time.

Statements to Master Servicer. (a) The Company shall deliver or cause to be delivered to the Master Servicer executed copies of the custodial and escrow account letter agreements pursuant to Sections 4.04 and 4.06 within 30 days of the Closing Date. (b) Not later than the tenth calendar day of each month, the Company shall furnish to the Master Servicer an electronic file providing loan level accounting data for the period ending on the last Business Day of the preceding month in a format mutually agreed to between the Company and the Master Servicer. (c) The Company shall promptly notify the Trustee, the Master Servicer and the Depositor (i) of any legal proceedings pending against the Company of the type described in Item 1117 (§ 229.1117) of Regulation AB and (ii) of any affiliation or relationship (of a type describe described in Item 1119 of Regulation AB) between the Company, each third-party originator, each subservicers subservicer “participating in the servicing function” within the meaning of Item 1122 of Regulation AB and any of the parties listed on Exhibit L F hereto, an provided and provide a description of such affiliation or relationship. If so requested by the Trustee, the Master Servicer or the Depositor on any date following the date on which information was first provided to the Trustee, the Master Servicer and the Depositor pursuant to the preceding sentence, the Company shall, within five Business Days following such request, confirm in writing the accuracy of the representations and warranties set forth in Section 3.01(p) or, if such a representation and warranty is not accurate as of the date of such request, provide reasonable adequate disclosure of the pertinent facts, in writing, to the requesting party. The Company shall provide to the Trustee, the Master Servicer and the Depositor prompt notice of the occurrence of any of the following: any event of default under the terms of this Agreement, any merger, consolidation or sale of substantially all of the assets of the Company, any material litigation involving the Company, and any affiliation or other significant relationship between the Company and other transaction parties. (d) Not later than the tenth calendar day of each month (or if such calendar day is not a Business Day, the immediately preceding Business Day), the Company shall provide to the Trustee, the Master Servicer and the Depositor notice of the occurrence of any material modifications, extensions or waivers of terms, fees, penalties or payments relating to the Mortgage Loans during the related Due Period or that have cumulatively become material over time (Item 1121(a)(11) of Regulation AB) along with all information, data, and materials related thereto as may be required to be included in the related Distribution Report on Form 10-D. (e) The Servicer shall provide the Trustee with such information available to it concerning the Mortgage Loans as is necessary for the Trustee to prepare the Trust Fund’s federal income tax return as the Trustee may reasonably request from time to time.

Statements to Master Servicer. (a) The Company shall deliver or cause to be delivered to the Master Servicer executed copies of the custodial and escrow account letter agreements pursuant to Sections 4.04 and 4.06 within 30 days of the Closing Date. (b) Not later than the tenth calendar day of each month, the Company shall furnish to the Master Servicer an electronic file providing loan level accounting data for the period ending on the last Business Day of the preceding month in a format mutually agreed to between the Company and the Master Servicer. (c) The Company shall promptly notify the TrusteeSecurities Administrator, the Master Servicer and the Depositor (i) of any legal proceedings pending against the Company of the type described in Item 1117 (§ 229.1117) of Regulation AB and (ii) of any affiliation or relationship (of a type describe in Item 1119 of Regulation AB) between the Company, each third-party originator, each subservicers “participating in the servicing function” within the meaning of Item 1122 of Regulation AB and any of the parties listed on Exhibit L F hereto, an provided a description of such affiliation or relationship. If so requested by the TrusteeSecurities Administrator, the Master Servicer or the Depositor on any date following the date on which information was first provided to the TrusteeSecurities Administrator, the Master Servicer and the Depositor pursuant to the preceding sentence, the Company shall, within five Business Days following such request, confirm in writing the accuracy of the representations and warranties set forth in Section 3.01(p) or, if such a representation and warranty is not accurate as of the date of such request, provide reasonable adequate disclosure of the pertinent facts, in writing, to the requesting party. The Company shall provide to the TrusteeSecurities Administrator, the Master Servicer and the Depositor prompt notice of the occurrence of any of the following: any event of default under the terms of this Agreement, any merger, consolidation or sale of substantially all of the assets of the Company, any material litigation involving the Company, and any affiliation or other significant relationship between the Company and other transaction parties. (d) Not later than the tenth calendar day of each month (or if such calendar day is not a Business Day, the immediately preceding Business Day), the Company shall provide to the TrusteeSecurities Administrator, the Master Servicer and the Depositor notice of the occurrence of any material modifications, extensions or waivers of terms, fees, penalties or payments relating to the Mortgage Loans during the related Due Period or that have cumulatively become material over time (Item 1121(a)(11) of Regulation AB) along with all information, data, and materials related thereto as may be required to be included in the related Distribution Report on Form 10-D. (e) The Servicer shall provide the Trustee Securities Administrator with such information available to it concerning the Mortgage Loans as is necessary for the Trustee Securities Administrator to prepare the Trust Fund’s federal income tax return as the Trustee Securities Administrator may reasonably request from time to time.

Statements to Master Servicer. (a) The Company shall deliver or cause to be delivered to the Master Servicer executed copies of the custodial and escrow account letter agreements pursuant to Sections 4.04 and 4.06 within 30 days of the Closing Date. (b) Not later than the tenth calendar day of each month, the Company shall furnish to the Master Servicer an electronic file providing loan level accounting data for the period ending on the last Business Day of the preceding month in a format mutually agreed to between the Company and the Master Servicer. (c) The Company shall promptly notify the Trustee, the NIMS Insurer, the Master Servicer and the Depositor (i) of any legal proceedings pending against the Company of the type described in Item 1117 (§ 229.1117) of Regulation AB and (ii) of any affiliation or relationship (of a type describe described in Item 1119 of Regulation AB) between the Company, each third-party originator, each subservicers subservicer “participating in the servicing function” within the meaning of Item 1122 of Regulation AB and any of the parties listed on Exhibit L F hereto, an provided and provide a description of such affiliation or relationship. LXS 2007-4N 13492189.3. BUSINESSIndyMac RSA If so requested by the Trustee, the NIMS Insurer, the Master Servicer or the Depositor on any date following the date on which information was first provided to the Trustee, the NIMS Insurer, the Master Servicer and the Depositor pursuant to the preceding sentence, the Company shall, within five Business Days following such request, confirm in writing the accuracy of the representations and warranties set forth in Section 3.01(p) 12 of the Reconstituted Servicing Agreement or, if such a representation and warranty is not accurate as of the date of such request, provide reasonable adequate disclosure of the pertinent facts, in writing, to the requesting party. The Company shall provide to the Trustee, the NIMS Insurer, the Master Servicer and the Depositor prompt notice of the occurrence of any of the following: any event of default under the terms of this Agreement, any merger, consolidation or sale of substantially all of the assets of the Company, any material litigation involving the Company, and any affiliation or other significant relationship between the Company and other transaction parties. (d) Not later than the tenth calendar day of each month (or if such calendar day is not a Business Day, the immediately preceding Business Day), the Company shall provide to the Trustee, the NIMS Insurer, the Master Servicer and the Depositor notice of the occurrence of any material modifications, extensions or waivers of terms, fees, penalties or payments relating to the Mortgage Loans during the related Due Period or that have cumulatively become material over time (Item 1121(a)(11) of Regulation AB) along with all information, data, and materials related thereto as may be required to be included in the related Distribution Report on Form 10-D. (e) The Servicer shall provide the Trustee with such information available to it concerning the Mortgage Loans as is necessary for the Trustee to prepare the Trust Fund’s federal income tax return as the Trustee may reasonably request from time to time.

Statements to Master Servicer. (a) The Company shall deliver or cause to be delivered to the Master Servicer executed copies of the custodial and escrow account letter agreements pursuant to Sections 4.04 and 4.06 within 30 days of the Closing Date. (b) Not later than the tenth calendar day of each month, the Company shall furnish to the Master Servicer an electronic file providing loan level accounting data for the period ending on the last Business Day of the preceding month in a format mutually agreed to between the Company and the Master Servicer. (c) The Company shall promptly notify the Trustee, the NIMS Insurer, the Master Servicer and the Depositor (i) of any legal proceedings pending against the Company of the type described in Item 1117 (§ Section 229.1117) of Regulation AB and (ii) of any affiliation or relationship (of a type describe described in Item 1119 of Regulation AB) between the Company, each third-party originator, each subservicers “subservicer "participating in the servicing function” " within the meaning of Item 1122 of Regulation AB and any of the parties listed on Exhibit L F hereto, an provided and provide a description of such affiliation or relationship. If so requested by the Trustee, the NIMS Insurer, the Master Servicer or the Depositor on any date following the date on which information was first provided to the Trustee, the NIMS Insurer, the Master Servicer and the Depositor pursuant to the preceding sentence, the Company shall, within five Business Days following such request, confirm in writing the accuracy of the representations and warranties set forth in Section 3.01(p) 12 of the Reconstituted Servicing Agreement or, if such a representation and warranty is not accurate as of the date of such request, provide reasonable adequate disclosure of the pertinent facts, in writing, to the requesting party. The Company shall provide to the Trustee, the NIMS Insurer, the Master Servicer and the Depositor prompt notice of the occurrence of any of the following: any event of default under the terms of this Agreement, any merger, consolidation or sale of substantially all of the assets of the Company, any material litigation involving the Company, and any affiliation or other significant relationship between the Company and other transaction parties. (d) Not later than the tenth calendar day of each month (or if such calendar day is not a Business Day, the immediately preceding Business Day), the Company shall provide to the Trustee, the NIMS Insurer, the Master Servicer and the Depositor notice of the occurrence of any material modifications, extensions or waivers of terms, fees, penalties or payments relating to the Mortgage Loans during the related Due Period or that have cumulatively become material over time (Item 1121(a)(11) of Regulation AB) along with all information, data, and materials related thereto as may be required to be included in the related Distribution Report on Form 10-D. (e) The Servicer shall provide the Trustee with such information available to it concerning the Mortgage Loans as is necessary for the Trustee to prepare the Trust Fund’s federal income tax return as the Trustee may reasonably request from time to time.

Statements to Master Servicer. (a) The Company shall deliver or cause to be delivered to the Master Servicer executed copies of the custodial and escrow account letter agreements pursuant to Sections 4.04 and 4.06 within 30 days of the Closing Date. (b) Not later than the tenth calendar day of each month, the Company shall furnish to the Master Servicer an electronic file providing loan level accounting data for the period ending on the last Business Day of the preceding month in a format mutually agreed to between the Company and the Master Servicer. (c) The Company shall promptly notify the Trustee, the NIMS Insurer, the Master Servicer and the Depositor (i) of any legal proceedings pending against the Company of the type described in Item 1117 (§ ss. 229.1117) of Regulation AB and (ii) if the Company shall become (but only to the extent not previously disclosed to the NIMS Insurer, the Master Servicer and the Depositor) at any time an affiliate of any affiliation or relationship (of a type describe in Item 1119 of Regulation AB) between the Company, each third-party originator, each subservicers “participating in the servicing function” within the meaning of Item 1122 of Regulation AB and any of the parties listed on Exhibit L hereto, an provided a description of such affiliation or relationshipF to this Agreement. If so requested by the Trustee, the NIMS Insurer, the Master Servicer or the Depositor on any date following the date on which information was first provided to the Trustee, the NIMS Insurer, the Master Servicer and the Depositor pursuant to the preceding sentence, the Company shall, within five Business Days following such request, confirm in writing the accuracy of the representations and warranties set forth in Section 3.01(p) or, if such a representation and warranty is not accurate as of the date of such request, provide reasonable adequate disclosure of the pertinent facts, in writing, to the requesting party. The Company shall provide to the Trustee, the NIMS Insurer, the Master Servicer and the Depositor prompt notice of the occurrence of any of the following: any event of default under the terms of this Agreement, any merger, consolidation or sale of substantially all of the assets of the Company, any material litigation involving the Company, and any affiliation or other significant relationship between the Company and other transaction parties. (d) Not later than the tenth calendar day of each month (or if such calendar day is not a Business Day, the immediately preceding Business Day), the Company shall provide to the Trustee, the NIMS Insurer, the Master Servicer and the Depositor notice of the occurrence of any material modifications, extensions or waivers of terms, fees, penalties or payments relating to the Mortgage Loans during the related Due Period or that have cumulatively become material over time (Item 1121(a)(11) of Regulation AB) along with all information, data, and materials related thereto as may be required to be included in the related Distribution Report on Form 10-D. (e) The Servicer shall provide the Trustee with such information available to it concerning the Mortgage Loans as is necessary for the Trustee to prepare the Trust Fund’s federal income tax return as the Trustee may reasonably request from time to time.