Common use of Tax Returns; OID Interest Reporting Clause in Contracts

Tax Returns; OID Interest Reporting. The Master Servicer and the Depositor, as applicable, upon request, will promptly furnish the Trustee with all such information as may be reasonably required in connection with the Trustee's preparation of all Tax Returns of the Trust Fund (including all such loan level information as the Trustee may reasonably request) or for the purpose of the Trustee responding to reasonable requests for information made by Certificateholders in connection with tax matters, and, upon request within seven (7) Business Days after its receipt thereof, the Master Servicer shall (i) sign on behalf of the Trust Fund any Tax Return that the Master Servicer is required to sign pursuant to applicable federal, state or local tax laws, and (ii) cause such Tax Return to have been returned to the Trustee for filing and for distribution to Certificateholders if required.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Bcap LLC), Pooling and Servicing Agreement (Painewebber Mortgage Acceptance Corporation Iv), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC)

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Tax Returns; OID Interest Reporting. The Master Servicer and the Depositor, as applicable, upon request, will promptly furnish the Trustee with all such information as may be reasonably required in connection with the Trustee's ’s preparation of all Tax Returns of the Trust Fund (including all such loan level information as the Trustee may reasonably request) or for the purpose of the Trustee responding to reasonable requests for information made by Certificateholders in connection with tax matters, and, upon request within seven (7) Business Days after its receipt thereof, the Master Servicer shall (i) sign on behalf of the Trust Fund any Tax Return that the Master Servicer is required to sign pursuant to applicable federal, state or local tax laws, and (ii) cause such Tax Return to have been returned to the Trustee for filing and for distribution to Certificateholders if required.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bcap LLC)

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