Reporting; Withholding. 131 Section 10.13 Liability of the Trustee......................................................131 Section 10.14 Appointment of Co-Trustee or Separate Trustee.................................132 Section 10.15 Appointment of Custodians.....................................................133 ARTICLE XI MISCELLANEOUS
Reporting; Withholding. (a) The Trustee shall timely provide to the Owners the Internal Revenue Service's Form 1099 and any other statement required by applicable Treasury regulations as determined by the Tax Matters Person, and shall withhold, as required by applicable law, federal, state or local taxes, if any, applicable to distributions to the Owners, including but not limited to backup withholding under Section 3406 of the Code and the withholding tax on distributions to foreign investors under Sections 1441 and 1442 of the Code.
(b) As required by law or upon request of the Tax Matters Person and except as otherwise specifically set forth in subsection (a) above, the Trustee shall timely file all reports prepared by the Depositor and required to be filed by the Trust with any federal, state or local governmental authority having jurisdiction over the Trust, including other reports that must be filed with the Owners, such as the Internal Revenue Service's Form 1066 and Schedule Q and the form required under Section 6050K of the Code, if applicable to REMICs. Furthermore, the Trustee shall report to Owners, if required, with respect to the allocation of expenses pursuant to Section 212 of the Code in accordance with the specific instructions to the Trustee by the Depositor with respect to such allocation of expenses. The Trustee shall, upon request of the Depositor, collect any forms or reports from the Owners determined by the Depositor to be required under applicable federal, state and local tax laws.
(c) The Depositor covenants and agrees that it shall provide to the Trustee any information necessary to enable the Trustee to meet its obligations under subsections (a) and (b) above.
(d) Except as otherwise provided, the Depositor shall have the responsibility for preparation of all returns, forms, reports and other documents referred to in this Section and the Trustee's responsibility shall be to execute such documents.
Reporting; Withholding. (a) The Trustee shall timely provide to the Owners the Internal Revenue Service’s Form 1099 and any other statement required by applicable Treasury regulations as determined by the Tax Matters Person, and shall withhold, as required by applicable law, federal, state or local taxes, if any, applicable to distributions to the Owners, including but not limited to backup withholding under Section 3406 of the Code and the withholding tax on distributions to foreign investors under Sections 1441 and 1442 of the Code.
(b) As required by law or upon request of the Tax Matters Person and except as otherwise specifically set forth in (a) preceding, the Trustee shall timely file all reports prepared by the Seller and required to be filed by the Trust, including other reports that must be filed with the Owners, such as the Internal Revenue Service’s Form 1066 and Schedule Q. The Trustee shall, upon written request of the Seller, collect any forms or reports from the Owners determined by the Seller to be required under applicable federal, state and local tax laws.
(c) Except as otherwise provided, the Trustee shall have the responsibility for preparation and execution of those returns, forms, reports and other documents referred to in this Section.
(d) The Seller covenants and agrees that it shall provide to the Trustee any information necessary to enable the Trustee to meet its obligations under subsections (a), (b) and (c) above.
Reporting; Withholding. The Trustee shall timely provide to the Owners the Internal Revenue Service's Form 1099 and any other statement required by applicable Treasury regulations as determined by the Company and shall withhold, as required by applicable law, federal, state or local taxes, if any, applicable to distributions to the Owners, including but not limited to backup withholding under Section 3406 of the Code and the withholding tax on distributions to foreign investors under Sections 1441 and 1442 of the Code.
Reporting; Withholding. (a) The Trustee shall timely provide to the Owners the Internal Revenue Service's Form 1099 and any other statement required by applicable Treasury regulations as determined by the Tax Matters Person, and shall withhold, as required by applicable law, federal, state or local taxes, if any, applicable to distributions to the Owners, including but not limited to backup withholding under Section 3406 of the Code and the withholding tax on distributions to foreign investors under Sections 1441 and 1442 of the Code.
(b) As required by law or upon request of the Tax Matters Person and except as otherwise specifically set forth in subsection (a) above, the Trustee shall prepare and timely file all reports required to be filed by the Trust with any federal, state or local governmental authority having jurisdiction over the Trust, including other reports that must be filed with the Owners, such as the Internal Revenue Service's Form 1066 and Schedule Q and the form required under Section 6050K of the Code, if applicable to REMICs. Furthermore, the Trustee shall report to Owners, if required, with respect to the allocation of expenses pursuant to Section 212 of the Code. The Trustee shall collect any forms or reports from the Owners it determines to be required under applicable federal, state and local tax laws.
Reporting; Withholding. With respect to each of the REMIC Trusts and the Non-REMIC Estate, the Trustee shall timely provide to the Owners (or other Persons entitled thereto) the Internal Revenue Service's Form 1099 and any other statement required by applicable Treasury regulations or analogous provisions of state or local law as determined by the Sponsor, and shall withhold, as required by applicable law, federal, state or local taxes, if any, applicable to distributions to the Owners, including, but not limited to, backup withholding under Section 3406 of the Code, the withholding tax on distributions to foreign investors under Sections 1441 and 1442 of the Code and beginning after December 31, 2000, shall report as effectively connected income distributions with respect to Supplemental Interest Rights held by foreign holders if such holders have not provided certification that such distributions are not effectively connected income.
Reporting; Withholding. 147 Section 10.13. Indemnification and Liability of the Trustee. 147 Section 10.14. Appointment of Co-Trustee or Separate Trustee. 148 Section 10.15. Appointment of Custodians. 149 Section 11.01. Compliance Certificates and Opinions. 150 Section 11.02. Form of Documents Delivered to the Trustee. 150 Section 11.03. Acts of Owners. 151 Section 11.04. Notices, etc. to Trustee. 151
Reporting; Withholding. 141 Section 10.13. Indemnification and Liability of the Trustee. 141 Section 10.14. Appointment of Co-Trustee or Separate Trustee. 142 Section 10.15. Appointment of Custodians. 143 Section 11.01. Compliance Certificates and Opinions. 144 Section 11.02. Form of Documents Delivered to the Trustee. 144 Section 11.03. Acts of Owners. 145 Section 11.04. Notices, etc. to Trustee. 145 Section 11.05. Notices and Reports to Owners; Waiver of Notices. 146 Section 11.06. Rules by Trustee. 146 Section 11.07. Successors and Assigns. 146 Section 11.08. Severability. 147 Section 11.09. Benefits of Agreement. 147 Section 11.10. Legal Holidays. 147 Section 11.11. Governing Law; Submission to Jurisdiction. 147 Section 11.12. Counterparts. 148 Section 11.13. Usury. 148 Section 11.14. Amendment. 148
Reporting; Withholding. 78 Section 9.13. Liability of the Trustee..........................................................78 Section 9.14. Appointment of Co-Trustee or Separate Trustee.....................................79 ARTICLE X SERVICING AND ADMINISTRATION OF MORTGAGE LOANS................................................80 Section 10.1. General Servicing Procedures......................................................80 Section 10.2. Collection of Certain Mortgage Loan Payments......................................82
Reporting; Withholding. 132 Section 10.13 Liability of the Trustee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 132 Section 10.14 Appointment of Co-Trustee or Separate Trustee . . . . . . . . . . . . . . . . . . . . . . . 133 Section 10.15 Appointment of Custodians . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 134
