Common use of TRUSTEE REPORTS; ACCESS TO INFORMATION Clause in Contracts

TRUSTEE REPORTS; ACCESS TO INFORMATION. (a) Based on (and to the extent of the information contained in) the Master Servicer Remittance Report and the report pursuant to Section 8.14(a) provided to the Trustee by the Master Servicer (no later than the Report Date), on each Distribution Date, the Trustee shall deliver or cause to be delivered by first class mail (or such other medium as the Depositor shall reasonably request, the incremental cost of which shall be paid in advance by the recipient thereof), to each Certificateholder, the Rating Agencies, the Master Servicer, the Special Servicer, each Underwriter, the Depositor and the Operating Adviser (and, upon request and written certification as to its beneficial ownership interest in the Book-Entry Certificates, to any Certificate Owner): (i) a Monthly Certificateholder Report (substantially in the form of Exhibit F-1); and (ii) a report containing information regarding the Mortgage Loans as of the end of the related Collection Period, which report will contain substantially the categories of information regarding the Mortgage Loans set forth in Appendix I and Appendix II to the Prospectus Supplement, will be presented in a tabular format substantially similar to the respective format utilized in such Appendix I and Appendix II. The report referred to in clause (ii) of the preceding sentence shall be updated from time to time within a reasonable period after the requisite information is available. The Trustee shall be entitled, in the absence of manifest error, to conclusively rely on any such information provided to it by the Master Servicer or the Special Servicer and shall have no obligation to verify any such information.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Inc)

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TRUSTEE REPORTS; ACCESS TO INFORMATION. (a) Based on (and to the extent of the information contained in) the Master Servicer Remittance Report, the Advance Report and the report pursuant to Section 8.14(a) provided to the Trustee by the Master Servicer (no later than the Report Date), on each Distribution Date, the Trustee shall deliver or cause to be delivered by first class mail (or such electronic or other medium as the Depositor shall reasonably request, the incremental cost of which shall be paid in advance by the recipient thereof, or otherwise as the Trustee and such recipient may agree), to each CertificateholderCertificateholder and any other interested party, the Rating Agencies, the Master Servicer, the Special Servicer, each the Underwriter, the Depositor and the Operating Adviser (and, upon request and written certification as to its beneficial ownership interest in the Book-Entry Certificates, to any Certificate Owner): (i) a Monthly Certificateholder Report (substantially in the form of Exhibit F-1); and (ii) a report containing information regarding the Mortgage Loans as of the end of the related Collection Period, which report will contain substantially the categories of information regarding the Mortgage Loans set forth in Appendix I and Appendix II to the Prospectus Supplement, Supplement and will be presented in a tabular format substantially similar to the respective format formats utilized in such Appendix I and Appendix IIII (if so requested by the Depositor, such reports referred to in clauses (i) and (ii) shall be made available in electronic format). The report referred to in clause (ii) of the preceding sentence shall be updated from time to time within a reasonable period after the requisite information is available. The Trustee shall be entitled, in the absence of manifest error, to conclusively rely on any such information provided to it by the Master Servicer or the Special Servicer and shall have no obligation to verify any such information.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Inc)

TRUSTEE REPORTS; ACCESS TO INFORMATION. (a) Based on (and to the extent of the information contained in) the Master Servicer Remittance Report and the report pursuant to Section 8.14(a) provided to the Trustee by the Master Servicer (no later than the Report Date), on each Distribution Date, the Trustee shall deliver or cause to be delivered sent by first class mail (or such other medium as the Depositor shall reasonably request, the incremental cost of which shall be paid in advance by the recipient thereof), to each Certificateholder, the Rating Agencies, the Master Servicer, the Special Servicer, each Underwriterthe Underwriters, the Depositor Depositor, Xxxxxx and the Operating Adviser (or if no Operating Adviser has been elected, then the Majority Certificateholder of the Controlling Class), and, upon request and written certification as to its beneficial ownership interest in the Book-Entry Certificates, to any Certificate Owner): : (i) a Monthly Certificateholder Report (substantially in the form of Exhibit F-1G-1); and (ii) a report containing information regarding the Mortgage Loans as of the end of the related Collection Period, which report will contain substantially the categories of information regarding the Mortgage Loans set forth in Appendix I and Appendix II to the Prospectus Supplement, Supplement and will be presented in a tabular format substantially similar to the respective format utilized in such Appendix I and Appendix II. The report referred to in clause (ii) of the preceding sentence shall be updated from time to time within a reasonable period after the requisite information is available. The Trustee shall be entitled, in the absence of manifest error, to conclusively rely on any such information provided to it by the Master Servicer or the Special Servicer and shall have no obligation to verify any such information.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Inc)

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TRUSTEE REPORTS; ACCESS TO INFORMATION. (a) Based on (and to the extent of the information contained in) the Master Servicer Remittance Report and the report pursuant to Section 8.14(a) provided to the Trustee by the Master Servicer (no later than the Report Date), on each Distribution Date, the Trustee shall deliver or cause to be delivered sent by first class mail (or such other medium as the Depositor shall reasonably request, the incremental cost of which shall be paid in advance by the recipient thereof), to each Certificateholder, the Rating Agencies, the Master Servicer, the Special Servicer, each Underwriterthe Underwriters, the Depositor Depositor, Xxxxxx and the Operating Adviser (and, upon request and written certification as to its beneficial ownership interest in the Book-Entry Certificates, to any Certificate Owner): (i) a Monthly Certificateholder Report (substantially in the form of Exhibit F-1G-1); and (ii) a report containing information regarding the Mortgage Loans as of the end of the related Collection Period, which report will contain substantially the categories of information regarding the Mortgage Loans set forth in Appendix I and Appendix II to the Prospectus Supplement, Supplement and will be presented in a tabular format substantially similar to the respective format utilized in such Appendix I and Appendix II. The report referred to in clause (ii) of the preceding sentence shall be updated from time to time within a reasonable period after the requisite information is available. The Trustee shall be entitled, in the absence of manifest error, to conclusively rely on any such information provided to it by the Master Servicer or the Special Servicer and shall have no obligation to verify any such information.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Inc)

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