Common use of Reporting Requirements of the Commission and Indemnification Clause in Contracts

Reporting Requirements of the Commission and Indemnification. Notwithstanding any other provision of this Agreement, the Owner Trustee shall (i) agree to such modifications and enter into such amendments to this Agreement as may be necessary, in the judgment of the Depositor and its counsel, to comply with any rules promulgated by the Commission and any interpretations thereof by the staff of the Commission (collectively, “SEC Rules”) and (ii) promptly upon request provide to the Depositor for inclusion in any periodic report required to be filed under the Exchange Act such items of information regarding this Agreement and matters related to the Owner Trustee, including as applicable (by way of example and not limitation), a description of any material litigation or governmental action or proceeding involving the Owner Trustee or its affiliates, as applicable (collectively, the “Owner Trustee Information”); provided, that such information shall be required to be provided by the Owner Trustee only to the extent that such shall be determined by the Depositor in its sole discretion and its counsel to be necessary or advisable to comply with any SEC Rules.

Appears in 17 contracts

Samples: Trust Agreement (TBALT Corp.), Trust Agreement (Homebanc Corp), Trust Agreement (Aegis Asset Backed Securities Trust 2005-1)

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Reporting Requirements of the Commission and Indemnification. (a) Notwithstanding any other provision of this Agreement, the Owner Indenture Trustee shall (i) agree to such modifications and enter into such amendments to this Agreement as may be necessary, in the judgment of the Depositor Depositor, the Master Servicer and its their respective counsel, to comply with any rules promulgated by the Commission and any interpretations thereof by the staff of the Commission (collectively, “SEC Rules”) and (ii) promptly upon request provide to the Depositor for inclusion in any periodic report required to be filed under the Exchange Act such items of information regarding this Agreement and matters related to the Owner Indenture Trustee, including as applicable (by way of example and not limitation), a description of any material litigation or governmental action or proceeding involving the Owner Indenture Trustee or its affiliates, as applicable (collectively, the “Owner Indenture Trustee Information”); provided, that such information shall be required to be provided by the Owner Indenture Trustee only to the extent that such shall be determined by the Depositor in its sole discretion and its counsel to be necessary or advisable to comply with any SEC Rules.

Appears in 3 contracts

Samples: Custodial Agreement (SASCO Mortgage Loan Trust 2004-Gel3), Custodial Agreement (Sasco Mortgage Loan Trust Series 2004-Gel2), Custodial Agreement (Structured Asset Securities Corp)

Reporting Requirements of the Commission and Indemnification. (a) Notwithstanding any other provision of this Agreement, the Owner Indenture Trustee shall (i) agree to such modifications and enter into such amendments to this Agreement as may be necessary, in the judgment of the Depositor and its counsel, to comply with any rules promulgated by the Commission and any interpretations thereof by the staff of the Commission (collectively, “SEC Rules”) and (ii) promptly upon request provide to the Depositor for inclusion in any periodic report required to be filed under the Exchange Act such items of information regarding this Agreement and matters related to the Owner Indenture Trustee, including as applicable (by way of example and not limitation), a description of any material litigation or governmental action or proceeding involving the Owner Indenture Trustee or its affiliates, as applicable affiliates (collectively, the “Owner Indenture Trustee Information”); provided, that such information shall be required to be provided by the Owner Indenture Trustee only to the extent that such shall be determined by the Depositor in its sole discretion and its counsel to be necessary or advisable to comply with any SEC Rules.

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (HMB Acceptance Corp.), Transfer and Servicing Agreement (Aegis Asset Backed Securities Corp)

Reporting Requirements of the Commission and Indemnification. Notwithstanding any other provision of this Agreement, the Owner Trustee and the Administrator shall (i) agree to such modifications and enter into such amendments to this Agreement as may be necessary, in the judgment of the Depositor and its counsel, to comply with any rules promulgated by the Commission and any interpretations thereof by the staff of the Commission (collectively, “SEC Rules”) and (ii) promptly upon request provide to the Depositor for inclusion in any periodic report required to be filed under the Exchange Act such items of information regarding this Agreement and matters related to the Owner Trustee, including as applicable (by way of example and not limitation), a description of any material litigation or governmental action or proceeding involving the Owner Trustee or its affiliates, as applicable (collectively, the “Owner Trustee Information”); provided, that such information shall be required to be provided by the Owner Trustee only to the extent that such shall be determined by the Depositor in its sole discretion and its counsel to be necessary or advisable to comply with any SEC Rules.

Appears in 2 contracts

Samples: Trust Agreement (SASCO Mortgage Loan Trust 2004-Gel3), Trust Agreement (Sasco Mortgage Loan Trust Series 2004-Gel2)

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Reporting Requirements of the Commission and Indemnification. (a) Notwithstanding any other provision of this Agreement, the Owner Trustee shall (i) agree to such modifications and enter into such amendments to this Agreement as may be necessary, in the judgment of the Depositor and its counsel, to comply with any rules promulgated by the Commission and any interpretations thereof by the staff of the Commission (collectively, “SEC Rules”) and (ii) promptly upon request provide to the Depositor for inclusion in any periodic report required to be filed under the Exchange Act such items of information regarding this Agreement and matters related to the Owner Trustee, including as applicable (by way of example and not limitation), a description of any material litigation or governmental action or proceeding involving the Owner Trustee or its affiliates, as applicable affiliates (collectively, the “Owner Trustee Information”); provided, that such information shall be required to be provided by the Owner Trustee only to the extent that such shall be determined by the Depositor in its sole discretion and its counsel to be necessary or advisable to comply with any SEC Rules.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (HMB Acceptance Corp.)

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