Common use of Statements to Purchaser Clause in Contracts

Statements to Purchaser. Not later than the Remittance Date, the Seller shall furnish to the Purchaser a Monthly Remittance Advice, with a trial balance report attached thereto, in the form of Exhibit 1 annexed hereto in hard copy and electronic medium mutually acceptable to the parties as to the preceding remittance and the period ending on the preceding Determination Date. In addition, not more than 60 days after the end of each calendar year, the Seller shall furnish to each Person who was a Purchaser at any time during such calendar year an annual statement in accordance with the requirements of applicable federal income tax law as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Seller shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as the Purchaser may reasonably request from time to time.

Statements to Purchaser. Not later than the Remittance Date, the Seller Interim Servicer shall furnish to the Purchaser a Monthly Remittance Advice, with a trial balance report attached thereto, in the form of Exhibit 1 annexed hereto in hard copy and electronic medium mutually acceptable to the parties as to the preceding remittance and the period ending on the preceding Determination Date. In addition, not more than 60 days after the end of each calendar year, the Seller Interim Servicer shall furnish to each Person who was a Purchaser at any time during such calendar year an annual statement in accordance with the requirements of applicable federal income tax law as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Seller Interim Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller Interim Servicer pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller Interim Servicer shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller Interim Servicer shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as the Purchaser may reasonably request from time to time.

Statements to Purchaser. Not later than On or prior to the Remittance Dateearlier to occur of the 3rd Business Day or the 5th calendar day of each month, the Seller shall furnish to the Purchaser a Monthly Remittance Advice, with a trial balance report attached thereto, in the form of Exhibit 1 annexed hereto in hard copy and electronic medium mutually acceptable to the parties as to the preceding remittance and the period ending on the preceding Determination Datecalendar month. In addition, not more than 60 days after the end of each calendar year, the Seller shall furnish to each Person who was a Purchaser at any time during such calendar year an annual statement in accordance with the requirements of applicable federal income tax law as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Seller shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as the Purchaser may reasonably request from time to time.

Statements to Purchaser. (a) Not later than the Remittance Datetenth (10th) calendar day of each month, the Seller shall furnish to the Purchaser a Monthly Remittance Advice, with a trial balance report attached thereto, in the form of Exhibit 1-1 annexed hereto and a Standard Layout for Defaulted Loan Report in the form of Exhibit 1-2 annexed hereto in hard copy and electronic medium mutually acceptable to the parties as to the preceding remittance and the period ending on the last day of the preceding Determination Datemonth. In addition, not more than 60 days after the end of each calendar year, the Seller shall furnish to each Person who was a Purchaser at any time during such calendar year an annual statement in accordance with the requirements of applicable federal income tax law as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Seller shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as the Purchaser may reasonably request from time to time.

Statements to Purchaser. Not later than the Remittance DateDetermination Date of each month, the Seller shall furnish to the Purchaser a Monthly Remittance Advice, with a trial balance report attached thereto, in the form of Exhibit 1 annexed hereto in hard copy and electronic medium mutually acceptable to the parties as to the preceding remittance and the period ending on the preceding Determination Date. In addition, not more than 60 days after the end of each calendar year, the Seller shall furnish to each Person who was a Purchaser at any time during such calendar year an annual statement in accordance with the requirements of applicable federal income tax law as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Seller shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as the Purchaser may reasonably request from time to time.

Statements to Purchaser. Not later than the Remittance Date, the Seller Interim Servicer shall furnish to the Purchaser a Monthly Remittance Advice, with a trial balance report attached thereto, thereto in the form of Exhibit 1 K annexed hereto in hard copy and electronic medium mutually acceptable to the parties as to the preceding remittance and the period ending on the preceding Determination Remittance Date. At a minimum, the trial balance report must contain the fields attached hereto on Schedule 1. In addition, not more than 60 days after the end of each calendar year, the Seller Interim Servicer shall furnish to each Person who was a Purchaser at any time during such calendar year an annual statement in accordance with the requirements of applicable federal income tax law as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Seller Interim Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller Interim Servicer pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller Interim Servicer shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller Interim Servicer shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as the Purchaser may reasonably request from time to time.

Statements to Purchaser. Not later than the Remittance Date, the Seller Company shall furnish to the Purchaser a Monthly Remittance Advice, with a trial balance report attached thereto, in the form of Exhibit 1 F annexed hereto in hard copy and electronic medium mutually acceptable to the parties as to the preceding remittance and the period ending on the preceding Determination Date. In addition, not more than 60 sixty (60) days after the end of each calendar year, the Seller Company shall furnish to each Person who was a Purchaser at any time during such calendar year an annual statement in accordance with the requirements of applicable federal income tax law as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Seller Company shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller Company pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller Company shall prepare and file any and all tax returns, information statements or other filings relating to the period of time prior to the sale of the Mortgage Loans by the Company to the Purchaser required to be delivered to any governmental taxing authority or to the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated herebyLoans. In addition, the Seller Company shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as the Purchaser may reasonably request from time to timereturns.

Statements to Purchaser. Not later than the Remittance Datefifth Business Day of each month, the Seller shall furnish to the Purchaser a Monthly Remittance Advice, with a trial balance report attached thereto, in the form of Exhibit 1 annexed hereto in hard copy and electronic medium mutually acceptable to the parties as to the preceding remittance and the period ending on the preceding Determination Date. In addition, not more than 60 days after the end of each calendar year, the Seller shall furnish to each Person who was a Purchaser at any time during such calendar year an annual statement in accordance with the requirements of applicable federal income tax law as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Seller shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as the Purchaser may reasonably request from time to time.

Statements to Purchaser. Not later than the Remittance Datefifth Business Day of each month, the Seller Servicer shall furnish to the Purchaser or its designee a Monthly Remittance Advice, with a trial balance report attached thereto, monthly remittance advice in the form of Exhibit 1 annexed 7A hereto in hard copy or such other form as shall be required by the Purchaser and electronic medium mutually acceptable to a data file containing the parties fields on Exhibit 7B hereto as to the preceding accompanying remittance and the period ending on the preceding Determination Datelast day of the previous month. In addition, not more than 60 days after the end of each calendar year, commencing December 31, 2002, the Seller Servicer shall furnish to each Person who was a Purchaser of the Mortgage Loans at any time during such calendar year an annual statement in accordance with the requirements of applicable federal income tax law as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Seller Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller Servicer pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller Beginning with calendar year 2003, the Servicer shall prepare and file any and all tax returns, information statements or other filings for the tax year 2003 and subsequent tax years required to be delivered to any governmental taxing authority or to the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller Servicer shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as the Purchaser may reasonably request from time to time.

Statements to Purchaser. Not later than the Remittance Datetenth (10th) calendar day of each month, the Seller shall furnish to the Purchaser or its designee a Monthly Remittance Advice, with a trial balance report attached thereto, monthly remittance advice in the form of format set forth in Exhibit 1 annexed F-1 hereto and a monthly defaulted loan report in hard copy format set forth in Exhibit F-2 hereto (or in such other format mutually agreed to between the Seller and electronic medium mutually acceptable the Purchaser) relating to the parties as to the preceding remittance and the period ending on the last day of the preceding Determination Datecalendar month. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to any Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, not more than 60 days after the end of each calendar year, the Seller shall furnish provide each Purchaser with such information concerning the Mortgage Loans as is necessary for such Purchaser to each Person who was a Purchaser at any time during such calendar year an annual statement in accordance with the requirements of applicable prepare its federal income tax law return as any Purchaser may reasonably request from time to the aggregate of remittances for the applicable portion of such yeartime. Such obligation of the Seller shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as the Purchaser may reasonably request from time to time.

Statements to Purchaser. Not later than the Remittance Date, the Seller Company shall furnish to the Purchaser a Monthly Remittance Advice, with a trial balance report attached thereto, in the form of Exhibit 1 F annexed hereto in hard copy and electronic medium mutually acceptable to the parties as to the preceding remittance and the period ending on the preceding Determination Date. In addition, not more than 60 days after the end of each calendar year, the Seller Company shall furnish to each Person who was a Purchaser at any time during such calendar year an annual statement in accordance with the requirements of applicable federal income tax law as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Seller Company shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller Company pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller Company shall prepare and file any and all tax returnstax, information statements or other filings required to be delivered to any governmental taxing authority or to the any Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller Company shall provide the each Purchaser with such information concerning the Mortgage Loans as is necessary for the such Purchaser to prepare its federal income tax return as the any Purchaser may reasonably request from time to time. Notwithstanding anything herein to the contrary, with respect to any Mortgage Loan which is held by a REMIC, the Company shall not be required to prepare or file any tax return for the REMIC.

Statements to Purchaser. Not later than the Remittance Date, the Seller Company shall furnish to the Purchaser a Monthly Remittance Advice, with a trial balance report attached thereto, in the form of Exhibit 1 F annexed hereto in hard copy and electronic medium mutually acceptable to the parties as to the preceding remittance and the period ending on the preceding Determination Date. In addition, not more than 60 days after the end of each calendar year, the Seller Company shall furnish to each Person who was a Purchaser at any time during such calendar year an annual statement in accordance with the requirements of applicable federal income tax law as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Seller Company shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller Company pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller Company shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to the any Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller Company shall provide the each Purchaser with such information concerning the Mortgage Loans as is necessary for the such Purchaser to prepare its federal income tax return as the any Purchaser may reasonably request from time to time.

Statements to Purchaser. Not later than the Remittance Datefifth Business Day or the tenth calendar day of each month, the Seller Company shall furnish to the Purchaser a Monthly Remittance Advice, with a trial balance report attached theretoreport, in the form of Exhibit 1 F annexed hereto in hard copy and electronic medium mutually acceptable to the parties as to the preceding remittance and the period ending on the preceding Determination Date. In addition, not more than 60 days after the end of each calendar year, the Seller Company shall furnish to each Person who was a Purchaser at any time during such calendar year an annual statement in accordance with the requirements of applicable federal income tax law as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Seller Company shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller Company pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller Company shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to the any Purchaser pursuant to any applicable law with respect to its servicing of the Mortgage Loans and the transactions contemplated herebyLoans. In addition, the Seller Company shall provide the each Purchaser with such information concerning the Mortgage Loans as is necessary for the such Purchaser to prepare its federal income tax return as the any Purchaser may reasonably request from time to time.

Statements to Purchaser. Not later than the Remittance Datetenth calendar day of each month, the Seller Interim Servicer shall furnish to the Purchaser a Monthly Remittance Advice, with a trial balance report attached thereto, in the form of Exhibit 1 annexed hereto in hard copy and electronic medium mutually acceptable to the parties as to the preceding remittance and the period ending on the preceding Determination Date. In addition, not more than 60 days after the end of each calendar year, the Seller Interim Servicer shall furnish to each Person who was a Purchaser at any time during such calendar year an annual statement in accordance with the requirements of applicable federal income tax law as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Seller Interim Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller Interim Servicer pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller Interim Servicer shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller Interim Servicer shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as the Purchaser may reasonably request from time to time.

Statements to Purchaser. Not later than the Remittance Date, the Seller Servicer shall furnish to the Purchaser (or its designee) a Monthly Remittance Advice, with a trial balance report attached thereto, in the form of Exhibit 1 F annexed hereto hereto, and an electronic tape, computer diskette or other electronic data transmission in hard copy a format agreed to by the Servicer and electronic medium mutually acceptable to the parties Purchaser, containing the information set forth in Exhibit G hereto, as to the preceding remittance and the period ending on the preceding related Determination Date. In addition, not more than 60 days after the end of each calendar year, the Seller Servicer shall furnish to each Person who was a Purchaser at any time during such calendar year the Trustee an annual statement in accordance with the requirements of applicable federal income tax law as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Seller Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller Servicer pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller Servicer shall prepare and file any and all tax returns, information statements or other filings relating to the period of time prior to the sale of the Mortgage Loans by the Servicer to the Purchaser required to be delivered to any governmental taxing authority or to the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated herebyLoans. In addition, the Seller Servicer shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as the Purchaser may reasonably request from time to timereturns.

Statements to Purchaser. Not later than the Remittance Date, the Seller Company shall furnish to the Purchaser a Monthly Remittance Advice, with a trial balance report attached thereto, in the form of Exhibit 1 F annexed hereto in hard copy and electronic medium mutually acceptable to the parties as to the --------- preceding remittance and the period ending on the preceding Determination Date. In addition, not more than 60 sixty (60) days after the end of each calendar year, the Seller Company shall furnish to each Person who was a Purchaser at any time during such calendar year an annual statement in accordance with the requirements of applicable federal income tax law as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Seller Company shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Seller Company pursuant to any requirements of the Internal Revenue Code as from time to time are in force. The Seller Company shall prepare and file any and all tax returns, information statements or other filings relating to the period of time prior to the sale of the Mortgage Loans by the Company to the Purchaser required to be delivered to any governmental taxing authority or to the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated herebyLoans. In addition, the Seller Company shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as the Purchaser may reasonably request from time to timereturns.