Updated Collection Report definition
Updated Collection Report. A report substantially containing the content described in Exhibit F attached hereto and available each month on the P&I Advance Date, setting forth each Mortgage Loan or REO Loan with respect to which the Master Servicer received a Periodic Payment after the Determination Date and before the P&I Advance Date for the related month.
Updated Collection Report. A report available each month on the P&I Advance Date, setting forth each Mortgage Loan or REO Loan with respect to which the Servicer received a Monthly Payment after the Determination Date and before the P&I Advance Date for the related month.
Examples of Updated Collection Report in a sentence
Not later than 4:00 p.m. (New York City time) on each P&I Advance Date, the Master Servicer shall deliver or cause to be delivered to the Trustee (in electronic format acceptable to the Master Servicer and the Trustee) an Updated Collection Report.