Common use of Statements to the Company Clause in Contracts

Statements to the Company. Not later than the fifteenth day of each month, the Servicer shall furnish to the Company in a mutually-acceptable format the reports required by the Company, together with a Monthly Remittance Advice showing the scheduled payments of principal and interest, the principal prepayments and the prepayment penalties. In addition, the Servicer shall furnish to the Company an annual statement in accordance with the requirements of applicable income tax laws as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Servicer pursuant to any requirements of the governmental taxing authority as from time to time are in force. The Servicer shall prepare and file, with respect to each Mortgage Loan, any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to the Company pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Servicer shall provide the Company with such information concerning the Mortgage Loans as is necessary for the Company to prepare any applicable income tax returns as the Company may reasonably request from time to time.

Statements to the Company. Not later than the fifteenth day of each month, the Servicer shall furnish to the Company in a mutually-mutually- acceptable format the reports required by the Company, together with a Monthly Remittance Advice showing the scheduled payments of principal and interest, the principal prepayments and the prepayment penalties. In addition, the Servicer shall furnish to the Company an annual statement in accordance with the requirements of applicable income tax laws as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Servicer pursuant to any requirements of the governmental taxing authority as from time to time are in force. The Servicer shall prepare and file, with respect to each Mortgage Loan, any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to the Company pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Servicer shall provide the Company with such information concerning the Mortgage Loans as is necessary for the Company to prepare any applicable income tax returns as the Company may reasonably request from time to time.

Statements to the Company. Not later than the fifteenth day of each month, the Servicer shall furnish to the Company in a mutually-mutually acceptable format the reports required by the Company, together with a Monthly Remittance Advice showing the scheduled payments of principal and interest, the principal prepayments and the prepayment penalties. In addition, the Servicer shall furnish to the Company an annual statement in accordance with the requirements of applicable income tax laws as to the aggregate of remittances for the applicable portion of such year. Such obligation of the Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Servicer pursuant to any requirements of the governmental taxing authority as from time to time are in force. The Servicer shall prepare and file, with respect to each Mortgage Loan, any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority or to the Company pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby. In addition, the Servicer shall provide the Company with such information concerning the Mortgage Loans as is necessary for the Company to prepare any applicable income tax returns as the Company may reasonably request from time to time.