Common use of Reports to the Trustee and the Securities Administrator Clause in Contracts

Reports to the Trustee and the Securities Administrator. (a) Not later than 30 days after each Distribution Date, the Master Servicer shall, upon request, forward to the Trustee and Securities Administrator a statement, deemed to have been certified by a Servicing Officer, setting forth the status of the Certificate Account as of the close of business on the related Distribution Date, indicating that all distributions required by this Agreement to be made by the Master Servicer have been made (or if any required distribution has not been made by the Master Servicer, specifying the nature and status thereof) and showing, for the period covered by such statement, the aggregate of deposits into and withdrawals from the Certificate Account maintained by the Master Servicer. Copies of such statement shall be provided by the Master Servicer, upon request, to the Depositor, Attention: Contract Finance, any NIMS Insurer and any Certificateholders (or by the Securities Administrator at the Master Servicer’s expense if the Master Servicer shall fail to provide such copies to the Certificateholders (unless (i) the Master Servicer shall have failed to provide the Securities Administrator with such statement or (ii) the Securities Administrator shall be unaware of the Master Servicer’s failure to provide such statement)).

Appears in 3 contracts

Samples: Trust Agreement (Sasco 2006-Bc3), Trust Agreement (Sasco 2006-Bc4), Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2006-Bc5)

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Reports to the Trustee and the Securities Administrator. (a) Not later than 30 days after each Distribution Date, the Master Servicer shall, upon request, shall forward to the Trustee and the Securities Administrator a statement, deemed to have been certified by a Servicing Officer, setting forth the status of the Certificate Collection Account maintained by the Master Servicer as of the close of business on the related Distribution Date, indicating that all distributions required by this Agreement to be made by the Master Servicer have been made (or if any required distribution has not been made by the Master Servicer, specifying the nature and status thereof) and showing, for the period covered by such statement, the aggregate of deposits into and withdrawals from the Certificate Collection Account maintained by the Master Servicer. Copies of such statement shall be provided by the Master Servicer, upon request, Servicer to the Depositor, Attention: Contract Finance, any NIMS Insurer and and, upon request, any Certificateholders (or by the Securities Administrator at the Master Servicer’s expense if the Master Servicer shall fail to provide such copies to the Certificateholders (unless (i) the Master Servicer shall have failed to provide the Securities Administrator with such statement or (ii) the Securities Administrator shall be unaware of the Master Servicer’s failure to provide such statement)).

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-26)

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Reports to the Trustee and the Securities Administrator. (a) Not later than 30 days after each Distribution Date, the Master Servicer shall, upon request, shall forward to the Trustee and the Securities Administrator a statement, deemed to have been certified by a Servicing Officer, setting forth the status of the Certificate Collection Account maintained by the Master Servicer as of the close of business on the related Distribution Date, indicating that all distributions required by this Agreement to be made by the Master Servicer have been made (or if any required distribution has not been made by the Master Servicer, specifying the nature and status thereof) and showing, for the period covered by such statement, the aggregate of deposits into and withdrawals from the Certificate Collection Account maintained by the Master Servicer. Copies of such statement shall be provided by the Master Servicer, upon request, to the Depositor, Attention: Contract Finance, any NIMS Insurer and and, upon request, any Certificateholders (or by the Securities Administrator at the Master Servicer’s expense if the Master Servicer shall fail to provide such copies to the Certificateholders (unless (i) the Master Servicer shall have failed to provide the Securities Administrator with such statement or (ii) the Securities Administrator shall be unaware of the Master Servicer’s failure to provide such statement)).

Appears in 1 contract

Samples: Trust Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-3)

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