Information to be Provided by the Trustee. (a) If so requested by the Company for the purpose of satisfying its reporting obligation under the Exchange Act with respect to any class of Certificates, the Trustee shall (i) notify the Company in writing of (A) any material litigation or governmental proceedings pending against the Trustee and (B) any affiliations or relationships that develop following the Closing Date between the Trustee and any Transaction Party, and (ii) provide to the Company a written description of such proceedings, affiliations or relationships.
Appears in 6 contracts
Samples: Trust Agreement (Residential Accredit Loans Inc), Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Trust Agreement (Residential Asset Securities Corp)
Information to be Provided by the Trustee. (a) If so requested by the Company Depositor for the purpose of satisfying its reporting obligation under the Exchange Act with respect to any class of Certificates, the Trustee shall (i) notify the Company Depositor in writing of (A) any material litigation or governmental proceedings pending against the Trustee and (B) any affiliations or relationships that develop following the Closing Date between the Trustee and any Transaction Party, and (ii) provide to the Company Depositor a written description of such proceedings, affiliations or relationships.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Residential Asset Securities Corp), Pooling and Servicing Agreement (Residential Funding Mortgage Securities Ii Inc), Pooling and Servicing Agreement (Residential Asset Securities Corp)
