Common use of Reports to the Trustee Clause in Contracts

Reports to the Trustee. The Servicer or the Special Servicer, as applicable, shall furnish the Trustee with a Payment Date Statement at or before 3:00 p.m. (New York time) on the third Business Day immediately preceding any Payment Date. After an Event of Default, the Servicer and Special Servicer shall (i) furnish to the Trustee or its designee the originals of all agreements entered into by the Servicer or Special Servicer, as applicable in the name of the Trustee pursuant to this Indenture, (ii) advise the Trustee in writing of any event or circumstance materially affecting the Collateral or the interests of the Holders therein coming to the attention of any Servicing Officer of the Servicer or Special Servicer in connection or as a result of the fulfillment by the Servicer or Special Servicer, as applicable of its obligations under this Indenture, and (iii) furnish, and cause any Manager to furnish, to the Trustee or its designee such other reports with respect to the Underlying Properties, their condition, tenants, and the income resulting therefrom as the Trustee or its designee may reasonably request in writing.