Preparation of Forms 1098 and 1099 Sample Clauses

Preparation of Forms 1098 and 1099. With respect to each Mortgage Loan Package, the Seller shall prepare and distribute to each Mortgagor, in the name of the Seller, forms required by applicable law relating to interest paid by the Mortgagors on the related Mortgage Loans and, to the extent that monies are paid to the Mortgagors in respect of escrow accounts, forms relating to interest paid to the Mortgagors, with respect to periods prior to and including the related Servicing Transfer Date. The Purchaser or its designee shall prepare and distribute to each Mortgagor in the name of the Purchaser forms relating to interest paid by or to such Mortgagors on the related Mortgage Loan with respect to periods after the related Servicing Transfer Date.
AutoNDA by SimpleDocs
Preparation of Forms 1098 and 1099. The Company shall prepare and distribute to each Mortgagor, in the name of the Company, forms required by applicable law relating to interest paid by the Mortgagor on the Mortgage Loans and, to the extent that monies are paid to the Mortgagor in respect of escrow accounts, forms relating to interest paid to the Mortgagor, with respect to periods prior to and including the related Servicing Transfer Date. Purchaser shall prepare and distribute to each Mortgagor in the name of Purchaser forms relating to interest paid by or to the Mortgagor on the Mortgage Loan with respect to periods after the related Servicing Transfer Date.
Preparation of Forms 1098 and 1099. Seller shall cause Seller’s Servicer to prepare and distribute to each Mortgagor, in the name of Seller’s Servicer, forms relating to interest paid by the Mortgagor on the related Mortgage Loan and to the extent that moneys are paid to such Mortgagor, forms relating to interest paid to the Mortgagor, and shall report the same to the Internal Revenue Service with respect to the periods prior to and including the Servicing Transfer Date. Buyer, or it’s designee, will prepare and distribute to each Mortgagor, in the name of Buyer, forms relating to interest paid by or to such Mortgagor on the related Mortgage Loan and shall report the same to the Internal Revenue Service with respect to the periods after the Servicing Transfer Date.
Preparation of Forms 1098 and 1099. Seller shall prepare and distribute to each Borrower, in the name of Seller, forms relating to interest paid by the Borrower on the related Loan and, to the extent that moneys are paid to such Borrower, forms relating to interest paid to the Borrower, and shall report the same to the Internal Revenue Service with respect to the periods prior to and including the Servicing Transfer Date. Buyer shall prepare and distribute to each Borrower, in the name of Buyer, forms related to interest paid by the Borrower on the related Loan and, to the extent that monies are paid to such Borrower, forms relating to interest paid to the Borrower, and shall report the same to the Internal Revenue Service with respect to the periods after the Servicing Transfer Date.

Related to Preparation of Forms 1098 and 1099

  • Preparation of Tax Returns The General Partner shall arrange for the preparation and timely filing of all returns of Partnership income, gains, deductions, losses and other items required of the Partnership for federal and state income tax purposes and shall use all reasonable efforts to furnish, within ninety (90) days of the close of each taxable year, the tax information reasonably required by Limited Partners for federal and state income tax reporting purposes.

  • Preparation of Filings The Parties will co-operate in the preparation of any application for any required Authorization and any other orders, registrations, consents, filings, rulings, exemptions, no-action letters and approvals, and in the preparation of any documents, reasonably deemed by any of the Parties to be necessary to discharge its respective obligations under this Agreement or otherwise advisable under Applicable Laws.

  • Organization Documents; Fiscal Year; Legal Name, State of Formation and Form of Entity (a) Amend, modify or change its Organization Documents in a manner adverse to the Lenders.

  • Preparation of Reports The Servicer shall prepare and deliver such additional reports as required under this Servicing Agreement, including a copy of each Semi-Annual Servicer’s Certificate described in Section 4.01(c)(ii), the annual statements of compliance, attestation reports and other certificates described in Section 3.03 and the Annual Accountant’s Report described in Section 3.04. In addition, the Servicer shall prepare, procure, deliver and/or file, or cause to be prepared, procured, delivered or filed, any reports, attestations, exhibits, certificates or other documents required to be delivered or filed with the SEC (and/or any other Governmental Authority) by the Issuer or the Sponsor under the U.S. federal securities or other applicable laws or in accordance with the Basic Documents, including filing with the SEC, if applicable and required by applicable law, a copy or copies of (A) the Monthly Servicer’s Certificates described in Section 3.01(b)(i) (under Form 10-D or any other applicable form), (B) the Semi-Annual Servicer’s Certificates described in Section 4.01(c)(ii) (under Form 10-D or any other applicable form), (C) the annual statements of compliance, attestation reports and other certificates described in Section 3.03 and (D) the Annual Accountant’s Report (and any attestation required under Regulation AB) described in Section 3.04. In addition, the appropriate officer or officers of the Servicer shall (in its separate capacity as Servicer) sign the Sponsor’s annual report on Form 10-K (and any other applicable SEC or other reports, attestations, certifications and other documents), to the extent that the Servicer’s signature is required by, and consistent with, the U.S. federal securities laws and/or any other applicable law.

  • Preparation and Filing of Tax Returns (i) The Company, if possible, or otherwise the Stockholders shall file or cause to be filed all income Tax Returns (federal, state, local or otherwise) of any Acquired Party for all taxable periods that end on or before the Funding and Consummation Date, and shall permit TCI to review all such Tax Returns prior to such filings. Unless the Company is a C corporation, the Stockholders shall pay or cause to be paid all Tax liabilities (in excess of all amounts already paid with respect thereto or properly accrued or reserved with respect thereto on the Company Financial Statements) shown by such Returns to be due.

  • Certificate of Formation The execution of the Certificate of Formation and the filing thereof in the office of the Secretary of State of the State of Delaware are hereby ratified, confirmed and approved.

  • Preparation of Tax Returns and Other Reports (a) The Securities Administrator shall prepare or cause to be prepared on behalf of the Trust Fund, based upon information calculated in accordance with this Agreement pursuant to instructions given by the Depositor, and the Securities Administrator shall file federal tax returns, all in accordance with Article X hereof. If the Securities Administrator is notified in writing that a state tax return or other return is required, then, at the sole expense of the Trust Fund, the Securities Administrator shall prepare and file such state income tax returns and such other returns as may be required by applicable law relating to the Trust Fund, and, if required by state law, shall file any other documents to the extent required by applicable state tax law (to the extent such documents are in the Securities Administrator's possession). The Securities Administrator shall forward copies to the Depositor of all such returns and Form 1099 supplemental tax information and such other information within the control of the Securities Administrator as the Depositor may reasonably request in writing, and shall forward to each Certificateholder such forms and furnish such information within the control of the Securities Administrator as are required by the Code and the REMIC Provisions to be furnished to them, and will prepare and forward to Certificateholders Form 1099 (supplemental tax information) (or otherwise furnish information within the control of the Securities Administrator) to the extent required by applicable law. The Master Servicer will indemnify the Securities Administrator and the Trustee for any liability of or assessment against the Securities Administrator or the Trustee, as applicable, resulting from any error in any of such tax or information returns directly resulting from errors in the information provided by such Master Servicer except to the extent that such information was provided in reasonable reliance upon information from any Servicer.

  • Preparation of Agreement This Agreement shall not be construed more strongly against any party regardless of who is responsible for its preparation. The parties acknowledge each contributed and is equally responsible for its preparation.

  • FILING OF FORM 8-K On or before the date which is four (4) Trading Days after the Execution Date, the Company shall file a Current Report on Form 8-K with the SEC describing the terms of the transaction contemplated by the Registered Offering Transaction Documents in the form required by the 1934 Act, if such filing is required.

  • Execution of Further Documents Each party agrees to execute and deliver without further consideration any further applications, licenses, assignments or other documents, and to perform such other lawful acts as the other party may reasonably require to fully secure and/or evidence the rights or interests herein.

Time is Money Join Law Insider Premium to draft better contracts faster.