Common use of Remittance Reports; Advances Clause in Contracts

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than On the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day)same date, the Master Servicer shall deliver or cause to be delivered forward to the Trustee by overnight mail a computer readable magnetic tape or electronically transmit (in addition a format acceptable to the Trustee) a data file containing the information provided on set forth in such Remittance Report with respect to the related Distribution Date. Such Remittance ReportReport will include (i) the amount of Advances to be made by the Master Servicer in respect of the related Distribution Date, the aggregate amount of Advances outstanding after giving effect to such Advances, and the aggregate amount of Nonrecoverable Advances in respect of such Distribution Date and (ii) such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.034.02. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date; provided, however, that the Remittance Report will not contain information concerning the PMI Mortgage Loans until such time as the PMI Insurer has provided the Master Servicer with complete information concerning the PMI Mortgage Loans as set forth in the side letter between the Master Servicer and the PMI Insurer. Not later than the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On By the second Business Day following each Determination Date Date, but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business DayInsurer, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a up to two Remittance Report Reports with respect to the related Distribution Date, which Remittance Reports the Trustee shall use in preparing the statement pursuant to Section 4.03. Not No later than the 20th day of second Business Day following each month (or if such 20th day is not a Business DayDetermination Date, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On Not later than 2:00 p.m. New York time on the second third Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each the month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on in the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer. In addition, the Servicer will provide to the Depositor, on a monthly basis, information regarding the Mortgage Loans reasonably requested by the Depositor.

Remittance Reports; Advances. (a) On By the second third Business Day following each Determination Date Date, but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS Insurer Insurer, by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date, which Remittance Reports the Trustee shall use in preparing the statement pursuant to Section 4.03. Not No later than the 20th day of each month (or if such 20th day is not a Business Daymonth, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to (i) make the distributions contemplated by Section 4.01 and 4.01, (ii) to prepare the statements to Certificateholders contemplated by Section 4.034.03 and (iii) to prepare the Form 10-D contemplated by Section 4.05. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On By the second third Business Day following each Determination Date Date, but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the Trustee shall make available to the NIMS Insurer Insurer, by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date, which Remittance Reports the Trustee shall use in preparing the statement pursuant to Section 4.03. Not No later than the 20th day of each month (or if such 20th day is not a Business Daymonth, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to (i) make the distributions contemplated by Section 4.01 and 4.01, (ii) to prepare the statements to Certificateholders contemplated by Section 4.034.03 and (iii) to prepare the Form 10-D contemplated by Section 4.07. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On By the second third Business Day following each Determination Date Date, but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the Trustee shall make available to the NIMS Insurer Insurer, by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date, which Remittance Reports the Trustee shall use in preparing the statement pursuant to Section 4.03. Not No later than the 20th day of each month (or if such 20th day is not a Business Daymonth, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On Not later than 2:00 p.m. New York time on the second third Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of the each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer. In addition, the Servicer will provide to the Depositor, on a monthly basis, information regarding the Mortgage Loans reasonably requested by the Depositor.

Remittance Reports; Advances. (a) On the second Within one Business Day following after each Determination Date Date, but in no event later than the earlier of (i) such date which would allow the indenture trustee Trust Administrator to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day)Indenture, the Master Servicer shall deliver to the Trustee NIMS Insurer, the Guarantor, the Trust Administrator and the NIMS Insurer Trustee by telecopy or electronic mail (or by such other means as the Master Servicer Servicer, the NIMS Insurer, the Guarantor, the Trust Administrator and the Trustee Trustee, as the case may be, may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than each Master Servicer Remittance Date (or, in the 20th day case of certain information, as agreed between the Trust Administrator and the Master Servicer, not later than four Business Days after the end of each month (or if such 20th day is not a Business Day, the preceding Business DayDue Period), the Master Servicer shall deliver or cause to be delivered to the Trustee Trust Administrator in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee Trust Administrator may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee Trust Administrator shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report in the form of Exhibit O hereto (or such form mutually agreed upon) with respect to the related Distribution Date. Not later than the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On By the second Business Day following each Determination Date Date, but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business DayInsurer, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a up to two Remittance Report Reports with respect to the related Distribution Date, which Remittance Reports the Trustee shall use in preparing the statement pursuant to Section 4.03. Not No later than the 20th day of second Business Day following each month (or if such 20th day is not a Business DayDetermination Date, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and 4.01, to prepare the statements to Certificateholders contemplated by Section 4.034.03 and to prepare the Form 10-D contemplated by Section 4.07. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On By the second third Business Day following each Determination Date Date, but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th 18th day of each month (or if such 20th 18th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee at least five Business Days prior to the Distribution Date and the Trustee shall make available to the NIMS Insurer Insurer, by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date, which Remittance Reports the Trustee shall use in preparing the statement pursuant to Section 4.03. Not No later than the 20th 18th day of each month (or if such 20th day is not a Business Daymonth, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On Within two Business Days after the second Business Day following each Determination Date Date, but in no event later than the earlier of (i) such date which would allow the indenture trustee Trustee to submit a claim to the NIMS NIMs Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day)Indenture, the Master Servicer shall deliver to the Trustee NIMs Insurer and the NIMS Insurer Trustee by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee Trustee, or the Master Servicer and the NIMs Insurer, as the case may be, may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than the 20th day Master Servicer Remittance Date (or, in the case of each month (or if such 20th day is certain information, as agreed between the Trustee and the Master Servicer, not a later than five Business Day, Days after the preceding Business Daybeginning of every calendar month), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On or before the second 18th day of each calendar month commencing in December 2005, or if such 18th day is not a Business Day, the Business Day immediately following each Determination Date such 18th day, but in no event later than the earlier of (i) such date which would allow the indenture trustee Trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day)Indenture, the Master Servicer shall deliver to the Trustee and Class I-A4 Insurer, the NIMS Insurer and the Trustee by telecopy or electronic mail (or by such other means as the Master Servicer Servicer, the Class I-A4 Insurer, the NIMS Insurer and the Trustee Trustee, as the case may be, may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than each Master Servicer Remittance Date (or, in the 20th day case of certain information, as agreed between the Trustee and the Master Servicer, not later than four Business Days after the end of each month (or if such 20th day is not a Business Day, the preceding Business DayDue Period), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated 158 by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with 111 respect to the related Distribution Date. Not later than the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On Not later than 2:00 p.m. New York time on the second third Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each the month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on in the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer. 100 In addition, the Servicer will provide to the Depositor, on a monthly basis, information regarding the Mortgage Loans reasonably requested by the Depositor.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.. 110

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS NIMs Insurer under the Indenture so as to allow a timely payment by the NIMS NIMs Insurer under the insurance policy related to the notes insured by the NIMS NIMs Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS NIMs Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date; provided, however, that the Remittance Report will not contain information concerning the PMI Mortgage Loans until such time as the Master Servicer has provided the PMI Insurer with complete information concerning the PMI Mortgage Loans. Not later than the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.. 116

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS NIMs Insurer under the Indenture so as to allow a timely payment by the NIMS NIMs Insurer under the insurance policy related to the notes insured by the NIMS NIMs Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS NIMs Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On By the second third Business Day following each Determination Date Date, but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the the NIMS Insurer Insurer, by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date, which Remittance Reports the Trustee shall use in preparing the statement pursuant to Section 4.03. Not No later than the 20th day of each month (or if such 20th day is not a Business Daymonth, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to (i) make the distributions contemplated by Section 4.01 and 4.01, (ii) to prepare the statements to Certificateholders contemplated by Section 4.034.03 and (iii) to prepare the Form 10-D contemplated by Section 4.05. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Depositor, the Trustee and the NIMS Insurer by telecopy (or cause by such other means as the Servicer, the NIMS Insurer and the Trustee may agree from time to be delivered time) a Remittance Report with respect to the related Distribution Date. On the same date, the Servicer shall electronically forward to the Depositor and the Trustee in addition such medium as may be agreed among the Servicer, the Trustee and the Depositor the information set forth in such Remittance Report with respect to the information provided on the Remittance Reportrelated Distribution Date, such other information reasonably available to it with respect to the Mortgage Loans as Servicer necessary in order for the Trustee may reasonably require to perform the calculations necessary to make the distributions and allocations contemplated by Section 4.01 4.01, 4.02 and 4.03 and to prepare the statements Distribution Date Statement and such information as shall be reasonably requested by the Depositor to Certificateholders contemplated enable the Depositor to disclose "static pool information," as required by Section 4.03Item 1105 of Regulation AB, with respect to the Mortgage Loans. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On the second Within one Business Day following after each Determination Date Date, but in no event later than the earlier of (i) such date which would allow the indenture trustee Trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day)Indenture, the Master Servicer shall deliver to the Trustee NIMS Insurer, the Guarantor and the NIMS Insurer Trustee by telecopy or electronic mail (or by such other means as the Master Servicer Servicer, the NIMS Insurer, the Guarantor and the Trustee Trustee, as the case may be, may agree from time to time) a Remittance Report with respect to the related Distribution Date. All such reports shall be delivered to the Guarantor at xxxxxx_xxxxxxxxxxxxxx@xxxxxxxxx.xxx. Not later than each Master Servicer Remittance Date (or, in the 20th day case of certain information, as agreed between the Trustee and the Master Servicer, not later than four Business Days after the end of each month (or if such 20th day is not a Business Day, the preceding Business DayDue Period), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th 15th calendar day of each month (month, or the preceding Business Day if such 20th 15th calendar day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS Insurer Securities Administrator by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee Securities Administrator may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than On the 20th day same date as delivery of each month (or if such 20th day is not a Business Daythe Remittance Report, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee Securities Administrator in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee Securities Administrator may reasonably require request or order in order for the Securities Administrator to perform the calculations necessary to make the distributions contemplated by Section 4.01 4.01, 4.02 and 4.03 and to prepare the statements to Certificateholders contemplated by Section 4.034.06. The Trustee Securities Administrator shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer. The Securities Administrator shall deliver a copy of any such report to the NIMS Insurer immediately upon receipt thereof by the Securities Administrator, and shall request information from the Servicer as directed by the NIMS Insurer.

Remittance Reports; Advances. (a) On or before the second [__]th day of each calendar month commencing in [___________] 200[_], or if such [__]th day is not a Business Day, the Business Day immediately following each Determination Date such [__]th day, but in no event later than the earlier of (i) such date which would allow the indenture trustee Trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day)Indenture, the Master Servicer shall deliver to the Trustee and Class II-A3 Insurer, the NIMS Insurer and the Trustee by telecopy or electronic mail (or by such other means as the Master Servicer Servicer, the Class II-A3 Insurer, the NIMS Insurer and the Trustee Trustee, as the case may be, may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than each Master Servicer Remittance Date (or, in the 20th day case of certain information, as agreed between the Trustee and the Master Servicer, not later than four Business Days after the end of each month (or if such 20th day is not a Business Day, the preceding Business DayDue Period), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On the second Business Day following each Determination Date but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare 108 the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On the second third Business Day following each Determination Date by noon (California time) but in no event later than the earlier of (i) such date which would allow the indenture trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely 133 payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day), the Master Servicer shall deliver to the Trustee Trustee, the Guarantor and the NIMS Insurer by telecopy or electronic mail (or by such other means as the Master Servicer and the Trustee may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than the 20th day of each month third Business Day following a Determination Date by noon (or if such 20th day is not a Business Day, the preceding Business DayCalifornia time), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On Within two Business Days after the second Business Day following each Determination Date Date, but in no event later than the earlier of (i) such date which would allow the indenture trustee Trust Administrator to submit a claim to the NIMS NIMs Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day)Indenture, the Master Servicer shall deliver to the Trustee NIMs Insurer, the Trust Administrator and the NIMS Insurer Trustee by telecopy or electronic mail (or by such other means as the Master Servicer Servicer, the Trust Administrator and the Trustee Trustee, as the case may be, may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than the 20th day Master Servicer Remittance Date (or, in the case of each month (or if such 20th day is some information, as agreed between the Trust Administrator and the Master Servicer, not a later than five Business Day, Days after the preceding Business Daybeginning of every calendar month), the Master Servicer shall deliver or cause to be delivered to the Trustee Trust Administrator in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee Trust Administrator may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee Trust Administrator shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.

Remittance Reports; Advances. (a) On the second Within one Business Day following after each Determination Date Date, but in no event later than the earlier of (i) such date which would allow the indenture trustee Trustee to submit a claim to the NIMS Insurer under the Indenture so as to allow a timely payment by the NIMS Insurer under the insurance policy related to the notes insured by the NIMS Insurer and (ii) the 20th day of each month (or if such 20th day is not a Business Day, the preceding Business Day)Indenture, the Master Servicer shall deliver to the Trustee and Certificate Insurer, the NIMS Insurer and the Trustee by telecopy or electronic mail (or by such other means as the Master Servicer Servicer, the Certificate Insurer, the NIMS Insurer and the Trustee Trustee, as the case may be, may agree from time to time) a Remittance Report with respect to the related Distribution Date. Not later than each Master Servicer Remittance Date (or, in the 20th day case of certain information, as agreed between the Trustee and the Master Servicer, not later 125 than four Business Days after the end of each month (or if such 20th day is not a Business Day, the preceding Business DayDue Period), the Master Servicer shall deliver or cause to be delivered to the Trustee in addition to the information provided on the Remittance Report, such other information reasonably available to it with respect to the Mortgage Loans as the Trustee may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 4.01 and to prepare the statements to Certificateholders contemplated by Section 4.03. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.