Common use of Statements to Master Servicer Clause in Contracts

Statements to Master Servicer. Not later than the tenth calendar day of each month (or if such calendar day is not a Business Day, the immediately succeeding Business Day), the Seller shall furnish to the Master Servicer, including but not limited to (i) a monthly remittance advice in written or electronic format (or in such other format mutually agreed to between the Seller and the Master Servicer) relating to the period ending on the last day of the preceding calendar month in the form of Exhibit Four (excluding the borrower’s name) or in such form mutually agreed to in writing between the Seller and the Master Servicer and (ii) all such information required pursuant to clause (i) above on a magnetic tape or other similar media reasonably acceptable to the Master Servicer. In addition, no later than the close of business New York time on the fifth Business Day prior to such Distribution Date, the Seller shall deliver or cause to be delivered to the Master Servicer in addition to the information provided in Exhibit Four (excluding the borrower’s name), such other loan-level information reasonably available to it with respect to the Mortgage Loans as the Master Servicer may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 5.01 of the Pooling and Servicing Agreement.

Appears in 17 contracts

Samples: Reconstitution Agreement, Reconstitution Agreement (Dsla 2006-Ar2), Reconstitution Agreement (Dsla Mortgage Loan Trust 2006-Ar1)

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Statements to Master Servicer. Not later than the tenth calendar day of each month (or if such calendar day is not a Business Day, the immediately succeeding Business Day), the Seller Servicer shall furnish to the Master Servicer, including but not limited to (i) a monthly remittance advice in written or electronic format (or in such other format mutually agreed to between the Seller Servicer and the Master Servicer) relating to the period ending on the last day of the preceding calendar month in the form of Exhibit Four Twelve (excluding the borrower’s name) or in such form mutually agreed to in writing between the Seller Servicer and the Master Servicer and (ii) all such information required pursuant to clause (i) above on a magnetic tape or other similar media reasonably acceptable to the Master Servicer. In addition, no later than the close of business New York time on the fifth tenth Business Day prior to such Distribution Date, the Seller Servicer shall deliver or cause to be delivered to the Master Servicer in addition to the information provided in Exhibit Four Twelve (excluding the borrower’s name), such other loan-level information reasonably available to it with respect to the Mortgage Loans as the Master Servicer may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 5.01 of the Pooling and Servicing Agreement. Upon request by the Master Servicer, the Servicer shall provide or cause to be provided to the Master Servicer any additional information, including the borrower’s name.

Appears in 2 contracts

Samples: Reconstitution Agreement (Harborview 2006-6), Reconstitution Agreement (Harbor View Mortgage Loan Trust 2005-14)

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