Common use of Servicer Reports Clause in Contracts

Servicer Reports. (a) On the Servicer Data Remittance Date, each Servicer shall deliver to the Master Servicer and the Securities Administrator electronically at xxxxxxxxxxxxxxx@xxxxxxxx.xxx and xxxx@xxxxxxxx.xxx (or by such other means as the Servicers, the Master Servicer and the Securities Administrator may agree from time to time) a servicer report with respect to the related Distribution Date, in a form mutually acceptable to the Servicers, the Master Servicer and the Securities Administrator and containing the information set forth in Exhibit R. On the same date with respect to each Servicer and on the 18th day of each month (or the next succeeding Business Day) with respect to the Master Servicer shall electronically transmit to the Securities Administrator, a data file containing the information set forth in such servicer report with respect to the related Distribution Date. Such servicer report shall include (i) the amount of Advances to be made by the Servicer (or the Master Servicer, if any) in respect of the related Distribution Date, the aggregate amount of Advances outstanding after giving effect to such Advances, and the aggregate amount of Nonrecoverable Advances in respect of such Distribution Date and (ii) such other information with respect to the Mortgage Loans (to the extent such information is available on the systems of the Servicers) as the Securities Administrator may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 6.01 and to prepare the statements to Certificateholders contemplated by Section 5.06 and for the Securities Administrator to perform its obligations under this Agreement. The Securities Administrator shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicers and the Master Servicer.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Merrill Lynch Mort Inv Inc Asst Back Certs Ser TMTS 2004 3he), Pooling and Servicing Agreement (Merrill Lynch Mort Inv Inc Asst Back Certs Ser TMTS 2004 5he)

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Servicer Reports. (a) On the Servicer Data Remittance Date, each the Servicer shall deliver to the Master Servicing Administrator, the Backup Servicer and the Securities Administrator electronically at xxxxxxxxxxxxxxx@xxxxxxxx.xxx masterservicing@jpmorgan.com and xxxx@xxxxxxxx.xxx lrps@jpmorgan.com (or by such other means as the Servicersxxxxx xx xxx Xxxxxxxx, xxx Xervicxxx Xxxxxxxxxxxxx, the Master Backup Servicer and the Securities Administrator may agree from time to time) a servicer report with respect to the related Distribution Date, in a form mutually acceptable to the ServicersServicer, the Master Servicing Administrator, the Backup Servicer and the Securities Administrator and containing the information set forth in Exhibit R. On the same date with respect to each the Servicer and on the 18th day of each month (or the next succeeding Business Day) with respect to the Master Servicer Servicing Administrator shall electronically transmit to the Securities AdministratorAdministrator and the Backup Servicer, a data file containing the information set forth in such servicer report with respect to the related Distribution Date. Such servicer report shall include (i) the amount of Advances to be made by the Servicer (or the Master Servicing Administrator or Backup Servicer, if any) in respect of the related Distribution Date, the aggregate amount of Advances outstanding after giving effect to such Advances, and the aggregate amount of Nonrecoverable Advances in respect of such Distribution Date and (ii) such other information with respect to the Mortgage Loans (to the extent such information is available on the systems of the ServicersServicer) as the Securities Administrator may reasonably require to perform the calculations necessary to make the distributions contemplated by Section 6.01 5.05 and to prepare the statements to Certificateholders contemplated by Section 5.06 and for the Securities Administrator to perform its obligations under this Agreement. The Neither the Securities Administrator nor the Backup Servicer shall not be responsible to recompute, recalculate or verify any information provided to it by the Servicers Servicer and the Master ServicerServicing Administrator.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Terwin Mortgage Trust, Series TMTS 2005-10he), Pooling and Servicing Agreement (Terwin Mortgage Trust, Series TMTS 2005-16he)

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