Common use of Remittance Reports Clause in Contracts

Remittance Reports. The Master Servicer shall prepare and deliver to the Trustee by mail, facsimile or electronic transfer on or before each Master Servicer Reporting Date, the Remittance Report with respect to the following Distribution Date. Each Remittance Report shall contain the information specified in Exhibit C attached hereto. The information in such report shall be made available by the Trustee to any Certificateholder that requests such report in writing. If the Master Servicer does not furnish the Remittance Report or any other statement or report as required by this Section 4.02 or Section 4.01 hereof, or if an Officer of the Trustee has actual knowledge that any such Remittance Report or other statement or report is erroneous or inaccurate in any material respect, and if any such Remittance Report or other statement or report is not furnished or corrected, as the case may be, within one Business Day following the date it is due to be delivered, then the Trustee shall request and the Master Servicer shall furnish by electromagnetic tape (or such other medium as the Trustee and the Master Servicer may agree from time to time) the information necessary to enable the Trustee to prepare the Remittance Report and the other statements and reports as required by this Section 4.02 and Section 4.01 hereof, and the Trustee shall thereupon prepare such report and receive the Master Servicing Fee for such month. Upon termination of the Master Servicer pursuant to Section 7.02 hereof, the Trustee shall thereafter undertake all the obligations of the Master Servicer pursuant to this Section 4.02 and Section 4.01 hereof and shall be entitled to the compensation otherwise payable to the Master Servicer pursuant hereto in consideration of the performance of such obligations. The Trustee shall be under no duty and shall have no obligation to recalculate, verify or recompute the information provided to it hereunder by the Master Servicer.

Remittance Reports. The Master Servicer shall prepare the Remittance Report with respect to the related Distribution Date and shall deliver it to the Trustee by mail, facsimile or electronic transfer on or before no later than each Master Servicer Reporting Date, the Remittance Report with respect to the following Distribution Date. Each The Remittance Report shall contain set forth the information as specified in Exhibit C attached hereto. The information in such report shall be made available by the Trustee to any Certificateholder that requests a Securityholder upon written request of such report in writingSecurityholder therefor. If In the event the Master Servicer does not furnish the Remittance Report or any other statement or report as required by this Section 4.02 or Section 4.01 hereof4.01, or if an Officer of the Trustee has actual knowledge that any such Remittance Report or other statement or report is erroneous or inaccurate in any material respect, and if any such Remittance Report or other statement or report is not furnished or corrected, as the case may be, within one Business Day following the date it is due to be delivered, then the Trustee shall request and the Master Servicer shall furnish by electromagnetic tape (or such other medium as the Trustee and the Master Servicer may agree from time to time) the information necessary to enable the Trustee to prepare the Remittance Report and the other statements and reports as required by this Section 4.02 and Section 4.01 hereof4.01, and the Trustee shall thereupon prepare such report and receive the Master Servicing Fee for such month. Upon termination of the Master Servicer pursuant to Section 7.02 7.03 hereof, the Trustee shall thereafter undertake all of the obligations of the Master Servicer pursuant to this Section 4.02 and Section 4.01 hereof and shall be entitled to the compensation otherwise payable to the Master Servicer pursuant hereto in consideration of the performance of such obligations. The Trustee shall be under no duty and shall have no obligation to recalculate, verify or recompute the information provided to it hereunder by the Master Servicer.

Remittance Reports. The Master Servicer shall prepare and deliver to the Trustee by mail, facsimile or electronic transfer on or before each Master Servicer Reporting Date, the Remittance Report with respect to the following Distribution Date. Each Remittance Report shall contain the information specified in Exhibit C attached hereto. The information in such report shall be made available by the Trustee to any Certificateholder that requests such report in writing. If the Master Servicer does not furnish the Remittance Report or any other statement or report as required by this Section 4.02 or Section 4.01 hereof, or if an Officer of the Trustee has actual knowledge that any such Remittance Report or other statement or report is erroneous or inaccurate in any material respect, and if any such Remittance Report or other statement or report is not furnished or corrected, as the case may be, within one Business Day following the date it is due to be delivered, then the Trustee shall request and the Master Servicer shall furnish by electromagnetic tape (or such other medium as the Trustee and the Master Servicer may agree from time to time) the information necessary to enable the Trustee to prepare the Remittance Report and the other statements and reports as required by this Section 4.02 and Section 4.01 hereof, and the Trustee shall thereupon prepare such report and receive the Master Servicing Fee for such month. Upon termination of the Master Servicer pursuant to Section 7.02 hereof, the Trustee shall thereafter undertake all the 51 obligations of the Master Servicer pursuant to this Section 4.02 and Section 4.01 hereof and shall be entitled to the compensation otherwise payable to the Master Servicer pursuant hereto in consideration of the performance of such obligations. The Trustee shall be under no duty and shall have no obligation to recalculate, verify or recompute the information provided to it hereunder by the Master Servicer.

Remittance Reports. The Master Servicer shall prepare the Remittance Report with respect to the related Distribution Date and shall deliver it to the Trustee by mail, facsimile or electronic transfer on or before no later than each Master Servicer Reporting Date, the Remittance Report with respect to the following Distribution Date. Each The Remittance Report shall contain set forth the information as specified in Exhibit C --------- attached hereto. The information in such report shall be made available by the Trustee to any Certificateholder that requests a Securityholder upon written request of such report in writingSecurityholder therefor. If In the event the Master Servicer does not furnish the Remittance Report or any other statement or report as required by this Section 4.02 or Section 4.01 hereof4.01, or if an Officer of the Trustee has actual knowledge that any such Remittance Report or other statement or report is erroneous or inaccurate in any material respect, and if any such Remittance Report or other statement or report is not furnished or corrected, as the case may be, within one Business Day following the date it is due to be delivered, then the Trustee shall request and the Master Servicer shall furnish by electromagnetic tape (or such other medium as the Trustee and the Master Servicer may agree from time to time) the information necessary to enable the Trustee to prepare the Remittance Report and the other statements and reports as required by this Section 4.02 and Section 4.01 hereof4.01, and the Trustee shall thereupon prepare such report and receive the Master Servicing Fee for such month. Upon termination of the Master Servicer pursuant to Section 7.02 7.03 hereof, the Trustee shall thereafter undertake all of the obligations of the Master Servicer pursuant to this Section 4.02 and Section 4.01 hereof and shall be entitled to the compensation otherwise payable to the Master Servicer pursuant hereto in consideration of the performance of such obligations. The Trustee shall be under no duty and shall have no obligation to recalculate, verify or recompute the information provided to it hereunder by the Master Servicer.