Common use of Reports of Foreclosure and Abandonment of Mortgaged Properties Clause in Contracts

Reports of Foreclosure and Abandonment of Mortgaged Properties. Beginning in 2005, the Master Servicer shall file the reports of foreclosure and abandonment of any Mortgaged Property required by Section 6050J of the Code with the Internal Revenue Service on or before the due date for any such report. Not later than 90 days following the end of each calendar year, beginning in 2005, the Master Servicer will deliver an Officer's Certificate to the Trustee certifying its compliance with this Section 3.27. The reports from the Master Servicer shall be in form and substance sufficient to meet the reporting requirements imposed by such Section 6050J.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Abfc Asset-Backed Certificates Series 2004-Opt2), Pooling and Servicing Agreement (Abfc Asset-Backed Certificates Series 2004-Opt1), Pooling and Servicing Agreement (Asset Backed Funding Corp. ABFC Asset Backed Certificates Series 2004-Opt3)

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Reports of Foreclosure and Abandonment of Mortgaged Properties. Beginning in 20052004, the Master Servicer shall file the reports of foreclosure and abandonment of any Mortgaged Property required by Section 6050J of the Code with the Internal Revenue Service on or before the due date for any such report. Not later than 90 days following the end of each calendar year, beginning in 20052004, the Master Servicer will deliver an Officer's Certificate to the Trustee certifying its compliance with this Section 3.27. The reports from the Master Servicer shall be in form and substance sufficient to meet the reporting requirements imposed by such Section 6050J.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Asset Backed Funding Corp Abfc Asset Back Cert Ser 2003 Opt1)

Reports of Foreclosure and Abandonment of Mortgaged Properties. Beginning in 20052004, the Master Servicer shall file the reports of foreclosure and abandonment of any Mortgaged Property required by Section 6050J of the Code with the Internal Revenue Service on or before the due date for any such report. Not later than 90 days following the end of each calendar year, beginning in 20052004, the Master Servicer will deliver an Officer's Certificate to the Trustee certifying its compliance with this Section 3.27. The reports from the Master Servicer shall be in form and substance sufficient to meet the reporting requirements imposed by such Section 6050J.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Abfc Asset-Backed Certificates Series 2003-Wmc1)

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Reports of Foreclosure and Abandonment of Mortgaged Properties. Beginning in 20052003, the Master Servicer shall file the reports of foreclosure and abandonment of any Mortgaged Property required by Section 6050J of the Code with the Internal Revenue Service on or before the due date for any such report. Not later than 90 days following the end of each calendar year, beginning in 20052003, the Master Servicer will deliver an Officer's Certificate to the Trustee certifying its compliance with this Section 3.27. The reports from the Master Servicer shall be in form and substance sufficient to meet the reporting requirements imposed by such Section 6050J.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Asset Backed Funding Corp Abfc Asst BCKD Cert Ser 2002-Opt1)

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