Reporting Party Clause Samples
The 'Reporting Party' clause designates which party in an agreement is responsible for providing notifications or reports regarding specific events, breaches, or other relevant matters. Typically, this clause outlines the circumstances under which the reporting obligation arises, such as the discovery of a data breach or the occurrence of a material event, and may specify the required format and timing for such reports. Its core practical function is to ensure that all parties are promptly and properly informed of significant developments, thereby facilitating transparency and timely responses to issues as they arise.
Reporting Party. Enter the mandated reporter's name, title, category (from PC section 11165.7), business/agency name and address, daytime telephone number, and today's date. Check yes/no whether the mandated reporter witnessed the incident. The signature area is for either the mandated reporter or, if the report is telephoned in by the mandated reporter, the person taking the telephoned report.
Reporting Party. After completing form BCIA 8572, retain a copy for your records and submit copies to the designated agency.
Reporting Party. Any Servicer, the Master Servicer, the Securities Administrator, the Custodian under the Custodial Agreement, and any Servicing Function Participant engaged by such parties.
Reporting Party. The Depositor, the Master Servicer, any Servicer, any originator defined in the Prospectus Supplement, any credit enhancement provider described herein and any other material transaction party (excluding the Trustee and the Custodians) as may be mutually agreed between the Depositor and the Master Servicer from time to time for the purpose of complying with the requirements of the Commission.
Reporting Party. The Reporting Party is Gland.
Reporting Party. Seller and Purchaser hereby designate the Title Company as, and the Title Company agrees to act as and perform the duties and obligations of, the "reporting person" with respect to the transaction contemplated by this Contract for purposes of 26 C.F.R. Section 1.6045-4(e)(5) relating to the requirements for information reporting on real estate transactions closed on or after January 1, 1991. In this regard, Seller, Purchaser and the Title Company each agree to execute the Designation Agreement designating the Title Company as the reporting person with respect to the transactions contemplated by this Contract.