Common use of Statements to the Purchaser Clause in Contracts

Statements to the Purchaser. Not later than the fifth (5th) Business Day of each month, the Servicer shall furnish to the Purchaser, with respect to the preceding month, a monthly collection report, a monthly paid in full report that summarizes Mortgage Loans paid in full during the related Due Period and a monthly trial balance report that provides a trial balance as of the last day of the month preceding such Remittance Date in electronic format agreed upon by the Servicer and the Purchaser. Not later than the fifth (5th) Business Day of each month, the Servicer shall furnish to the Purchaser a delinquency report and a Monthly Remittance Advice, both a physical form and a mutually agreeable electronic format, as to the remittance on such Remittance Date and as to the period ending on the last day of the month preceding such Remittance Date. The Seller shall prepare and file any and all information statements or other filings required to be delivered to any governmental taxing authority or to Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide Purchaser with such information concerning the Mortgage Loans as is necessary for Purchaser to prepare its federal income tax return as Purchaser may reasonably request from time to time. In addition, not more than sixty (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.

Statements to the Purchaser. Not later than the fifth (5th) Business Day of each monthDistribution Date, the Servicer shall furnish to the Purchaser, with respect to the preceding month, a monthly collection report, a monthly paid in full report that summarizes Mortgage Loans paid in full during the related Due Period and a monthly trial balance report that provides a trial balance as of the last day of the month preceding such Remittance Date in electronic format agreed upon by the Servicer and the Purchaser. Not later than the fifth (5th) Business Day of each month, the Servicer shall Seller will furnish to the Purchaser a delinquency report and a Monthly Remittance Advice, both a physical Advice in the form and a mutually agreeable electronic formatshown in Exhibit 8-1 hereto, as to the remittance on such Remittance Date preceding remit­tance and as to the period ending on the last day preceding Determination Date which shall include period-end loan level and summary trial balance of the month preceding such Remittance unpaid principal balances and weighted average interest rates. Not later than each Distribution Date. The Seller shall prepare and file any and all information statements or other filings required to be delivered to any governmental taxing authority or to Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide will furnish to the Purchaser with such information concerning a monthly delinquency report as to the Mortgage Loans as is necessary for Purchaser to prepare its federal income tax return as Purchaser may reasonably request from time to timepreceding remittance and the period ending on the preceding Determination Date. This report will show delinquency by aging category. In addition, not more than sixty (60) days after the end of each calendar year, the Seller shall furnish to each Person who was a the Purchaser at any time during such calendar year an annual statement in accordance with the requirements of applicable federal income tax law year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the require­ments of applicable federal income tax law, and (ii) listing of the prin­cipal bal­ances of the Mortgage Loans outstanding at the end of such calendar year. 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, 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 any Pur­chaser may reasonably request from time to time.

Statements to the Purchaser. Not No later than the fifth (5th) Business Day Distribution Date, the Company shall forward to the Purchaser or its designee a statement prepared by the Company setting forth the status of the Custodial Account as of the close of business on such Distribution Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Custodial Account of each month, category of deposit specified in Subsection 11.04 and each category of withdrawal specified in Subsection 11.05. Upon the Servicer shall furnish to request of the Purchaser, in connection with respect to the preceding month, a monthly collection report, a monthly paid in full report that summarizes Mortgage Loans paid in full during the related Due Period and a monthly trial balance report that provides a trial balance as of the last day of the month preceding such Remittance Date in electronic format agreed upon by the Servicer and the Purchaser. Not later than the fifth (5th) Business Day of each monthany Transaction, the Servicer Company shall furnish to the Purchaser a delinquency report complete, true and a Monthly Remittance Advicecorrect Mortgage Loan Schedule with respect to the related Mortgage Loans. In addition, both a physical form and a mutually agreeable electronic formatnot more than ninety (90) days after the end of each calendar year, the Company shall furnish to each Person who was the Purchaser at any time during such calendar year, (i) as to the remittance on aggregate of remittances for the applicable portion of such Remittance Date year, an annual statement in accordance with the requirements of applicable federal income tax law, and as to the period ending on the last day (ii) listing of the month preceding principal balances of the Mortgage Loans outstanding at the end of such Remittance Datecalendar year. 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 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 Purchaser with such information concerning the Mortgage Loans as is necessary for the Purchaser to prepare its federal income tax return as any Purchaser may reasonably request from time to time. In addition, not more than sixty (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.

Statements to the Purchaser. Not later than the fifth fifteen (5th15) Business Day of days after each month, the Servicer shall furnish to the Purchaser, with respect to the preceding month, a monthly collection report, a monthly paid in full report that summarizes Mortgage Loans paid in full during the related Due Period and a monthly trial balance report that provides a trial balance as of the last day of the month preceding such Remittance Date in electronic format agreed upon by the Servicer and the Purchaser. Not later than the fifth (5th) Business Day of each month, the Servicer shall furnish to the Purchaser a delinquency report and a Monthly Remittance Advice, both a physical form and a mutually agreeable electronic format, as to the remittance on such Remittance Date and as to the period ending on the last day of the month preceding such Remittance Distribution Date. The Seller shall prepare and file any and all information statements or other filings required to be delivered to any governmental taxing authority or to Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide forward to the Purchaser with or its designee a statement prepared by the Seller setting forth the status of the Custodial Account as of the close of business on such information concerning Distribution Date and showing, for the Mortgage Loans as is necessary for Purchaser to prepare its federal income tax return as Purchaser may reasonably request period covered by such statement, the aggregate amount of deposits into and withdrawals from time to timethe Custodial Account of each category of deposit specified in Subsection 11.04 and each category of withdrawal specified in Subsection 11.05. In addition, not more than sixty (60) days after the end of each calendar year, the Seller shall furnish to each Person who was a the Purchaser at any time during such calendar year year, (i) as to the aggregate of remittances for the applicable portion of such year, an annual statement in accordance with the requirements of applicable federal income tax law, and (ii) a listing of the principal balances of the Mortgage Loans outstanding at the end of such calendar year or at the expiration of the Interim Servicing Period if the Seller was terminated as servicer hereunder during such calendar year. 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 as with respect to the aggregate of remittances Mortgage Loans and the transactions contemplated hereby. In addition, the Seller shall provide the Purchaser with such information concerning the Mortgage Loans (during the period they were serviced by the Seller) as is necessary for the applicable portion of such yearPurchaser to prepare its federal income tax return as any Purchaser may reasonably request from time to time.