Common use of Statements to Owner Clause in Contracts

Statements to Owner. Not later than the Remittance Date, the Servicer shall furnish to the Owner, a monthly remittance advice, with a trial balance report attached thereto, as to the remittance period ending on the last day of the preceding month in an electronic format mutually agreed upon between the Owner and the Servicer. In addition, the Servicer shall provide the Owner with such information as the Owner may reasonably request from time to time concerning the Mortgage Loans as is necessary for the Owner to prepare its federal income tax return and any and all other tax returns, information statements or other filings required to be delivered to any governmental authority or to the Owner pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby.